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government

Levine on Wall Street: FX Fallout and the Value of Volatility

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Franc fallout.

So … how’s your foreign-exchange trading going? Yesterday’s pick-a-number-standard-deviation move in the Swiss franc "caught everyone off guard," "sent the markets into a tailspin," is "likely to create more volatility in the short term," and left a lot of people very embarrassed or broke: Anthony Peters, a broker at Swiss Investment Corp., said firms that were selling options tied to the Swiss franc may be among losers. They would have lost money as volatility […]

DHS Agent Believed Mark Karpeles to Be Head of Silk Road

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Silk Road The number two spot for the most hated man in Bitcoin has changed a lot. Currently, it might just be Josh Garza as many PayCoin investors are not happy with the results of that investment. For a while it was Butterfly Labs CEO Sonny Vleisides, and for a while it was that NewsWeek reporter. But the number one spot has never been up for debate. It has been and may always be, […]

New European Legislation Ties Taxes in Online Orders to the Country of Purchase

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The European Union introduced legislation in November 2014 that implemented a new Value Added Tax (VAT) to virtual purchases. The legislation took effect on January 1, 2015. It is designed to reduce the  ability of companies to avoid taxes, especially large companies such as Amazon.com.

Instead of taxing an item based on the country where it was manufactured, or to the location of corporate headquarters, the item is taxed based on the country where the […]

Paul Koster Calls for Immediate Ban on Bitcoin

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ForexMinute.com – Netherlands Stockholder Association’s Director Paul Koster recently requested the central bankers to immediately ban the cryptocurrency Bitcoin.

According to a report published on Dutch news service BNR , Koster deliberately chose the Bitcoin’s worst trading phase to throw tantrums over it. “These volatile Bitcoin price fluctuations prove that this market is not supervised and/or regulated by any government or institution,” he said. “As a result, it is impossible for banks, consumers, investors and […]

Bitcoin News Mash-Up: Coinbase Expands Territory; Roundtable Discussion Announced; and More

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Following are the major Bitcoin news of the day

Coinbase Expands its Services to Seven US States

Bitcoin wallet and payment processing company Coinbase recently announced to extend its services to over seven US states. They are: Alabama, Iowa, Kansas, Mississippi, New Hampshire, New York and North Dakota (totaling 22 states). Users from these states will now be able to buy Bitcoins without using a credit card. You can read the entire report […]

South Koreans Can Now Buy Bitcoin from 7–Eleven

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South Korean exchange Coinplug is set to drive a rollout of Bitcoin gift cards, which anyone will be able to purchase from convenience stores imminently.

OkBitcard , a scheme which will allow customers to purchase US$50 worth of bitcoin, is already operational in a range of merchants in South Korea, including 7-Eleven, in the form of a printed receipt. Soon, Coinplug stated, physical cards will also be widely available.

The company confirmed in a Reddit […]

Defense Attorney: Ross Ulbricht Created the Silk Road, But a Different Dread Pirate Roberts Committed the Crimes

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Inside U.S. v. Ulbricht. Illustration by Susie Cagle. On October 2, 2013, Ross Ulbricht was arrested at the Glen Park branch of the San Francisco Public Library, his laptop open and connected to the library wi-fi. The government claims he is the Dread Pirate Roberts, the infamous kingpin of the Silk Road, an online black market for drugs and other illicit goods. Ulbricht’s trial began today, after many delays over the last few months.

The […]

The Russian Authorities Moving Ahead to Suppress Bitcoin, Block Seven Bitcoin Websites

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Looks like Russia is serious taking head-on against Bitcoin as the latest development shows that the Russian telecommunications regulator Roskomnadzor has blocked access to Seven Bitcoin-related websites. The authorities in the country believe that the cryptocurrency contributes to the growth of the shadow economy.

Earlier the number of website that were blocked by Roskomnadzor was five that included Bitcoin.org, a primary community resource for the cryptocurrency that’s run by the Bitcoin Foundation, the Bitcoin.it community […]

UK May Attempt to End Anonymity in Bitcoin Transactions, May Cause a Rise in the Use of DarkWallet

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A proposed UK bill could end anonymity in Bitcoin transactions by logging of all content accessed via UK ISPs. This will leave only services such as DarkWallet as truly anonymous options, placing them firmly in the sights of UK lawmakers seeking “the legal power to break into the encrypted communications of suspected terrorists.”

Speaking in the wake of the Paris terrorist attacks at the Charlie Hebdo offices and a kosher supermarket, UK Prime Minister David […]

Russian Authorities Blacklist 5 Bitcoin-Related Websites

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The Federal Supervision Agency for Information Technologies and Communications (Roskomnadzor in Russian) has blacklisted five Bitcoin-related websites.

Roskomnadzor has effectively blocked access to Bitcoin.org – an online community of cryptocurrency users and specialists supported by the Bitcoin Foundation – entering it into a registry of prohibited websites despite the site not having any user-submitted content.

Upon accessing Bitcoin.org, users have been receiving the following: — Access Denied. Access to the requested resource was blocked in […]

Russia’s Media Watchdog Blocks Bitcoin Websites

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Russia’s media watchdog has blocked access to a number of bitcoin-related sites, citing a court order from 30th September.

The Federal Service for Supervision of Communications, Information Technology and Mass Media (Roskomnadzor) allows visitors to check whether or not a site is blacklisted . At press time,  Bitcoin.org , Bitcoin.it ,  BTCsec.com  and bitcoin exchange Indacoin were blacklisted.

According to TJournal.ru , Roskomnadzor cited a  ruling of the district court of the city of Nevyansk, Sverdlovsk region, as […]

Perianne Boring Talks Anti-Money Laundering Compliance and the Boot Camp Offered at TNABC

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Perianne Boring Talks Anti-Money Laundering Compliance and the Boot Camp Offered at TNABC Flike

Tweet

G+1Pin Perianne Boring is the president of the Digital Chamber of Commerce . The chamber will be hosting an Anti-Money Laundering Boot Camp at the North American Bitcoin Conference 2015 in Miami on January 16 and 17. Boring took time from her schedule to speak with CoinTelegraph about the boot camp and the importance of compliance with AML regulations for companies […]

Cash Buys Charlie Hebdo Massacre, Bitcoin says Adieu aux Armes (Op-Ed)

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Cash Buys Charlie Hebdo Massacre, Bitcoin says Adieu aux Armes (Op-Ed) The Charlie Hebdo terror and other Paris attacks renew concerns about the ease with which terrorist cells in Europe can get illegal arms. Media outlets have even started to speculate that some of the arms could have been bought with Bitcoin – but reality renders such speculation groundless.  

The weapons wielded by gunmen in last week’s Paris terror attacks were AK-47 rifles, the […]

Accused Silk Road creator goes to trial amid U.S. scrutiny of bitcoin

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NEW YORK (Reuters) – A U.S. crackdown on use of the digital currency bitcoin for drug trafficking and other crimes is headed for its highest-profile test yet, as a trial begins for the alleged creator of an online marketplace catering to vice.

Jury selection is scheduled for Tuesday in Manhattan federal court in the case of Ross Ulbricht, who authorities say created Silk Road, an online black market where drugs and others illegal goods could […]

Dr. Jose Martinez, talking about the ‘BITCOIN’ trading – BancoFX

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Bitcoin is a digital currency created in 2009. It follows the ideas set out in a white paper by the mysterious Satoshi Nakamoto, whose true identity has yet to be verified. Bitcoin offers the promise of lower transaction fees than traditional online payment mechanisms and is operated by a decentralized authority, unlike government issued currencies.
There are no physical Bitcoins, only balances associated with public and private keys. These balances are kept on a […]

The Strangest Altcoins of 2014

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The past 12 months have seen a veritable explosion in the number of alternative digital currencies, otherwise known as altcoins.

The numbers for exactly how many altcoins are in existence vary depending on the measure. CoinMarketCap.com lists 554 cryptocurrencies at the time of writing – up from around 67 a year ago.

According to some estimates, however, thousands of altcoins have seen some level of circulation since the bitcoin protocol first became available for use and adaptation.Many altcoins set […]

Bitcoin Talk Show #8 (Live) — Call or Skype in with your thoughts! What is the future of

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Bitcoin Talk Show #19 (Live) – Call 1-708-23-COINS (26467) or Skype BitcoinTalkShow HD.

Bitcoin Talk Show #7 (Live) — Call or Skype in with your thoughts! What is the future of Bitcoin?

If you enjoyed the show please donate as this is our only stream of income: Bitcoin: 13U4g.Without government run central banks and inflationary currencies, engaging in war is much more difficult. Stefan Molyneux speaks about the potential of bitco.

US Digital Currency Pioneer Taps UK Crowdfund Investors

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2014 ended well for digital currency company, Bitreserve. With a crowdfunding campaign up and running here in the UK and a parallel investment drive underway on the other side of the Atlantic, the US-based business succeeded in raising £6.3m ($9.6m) before the year drew to a close.

In the US, Bitreserve used San-Francisco-based investment platform Venovate to source funding from its community of “sophisticated” investors. Meanwhile here in Britain, the company pitched its offering via […]

How Your Teenage Son or Daughter May Be Buying Heroin Online

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One element of cybersecurity that is often overlooked is the impact of the cyber world on people’s physical security. Parents seeking to protect their children are often aware of concerns such as cyberbullying and adolescents making inappropriate social media posts, but remain uninformed about the grave danger of easy access to illegal drugs facilitated by the protection afforded by the anonymous nature of the Internet.

I recently sat down with Dina Gusovksy of CNBC to […]

Bitcoin The Currency Of The Future

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Bitcoin The Currency Of The Future

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No More Burners: Using BitSMS and ChiliPhone Together Can Eliminate The Need For Disposable Phones

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For those who exist in the gray and darker areas of the legal spectrum, pre-paid “burner” phones offer a convenient, workable way to avoid surveillance.  Buy a phone at a gas station with some prepaid minutes, call or text your clients, get rid of the phone before the authorities are even aware of the number.

There are problems with that method. The hardware is an unnecessary expense, gas station attendants might wonder why you keep […]

Clearing the Air Over MaidSafe’s Patent Request: An Interview with COO Nick Lambert

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“Our connection to Bitcoin is that we share the community’s passion for decentralization and its ability to re-address the balance of power.” —MaidSafe COO Nick Lambert A recent article published on CoinTelegraph, entitled MaidSafe Founder Seeks Monopoly on ‘Distributed Network System,’ caused some unintended controversy. We feel it is our duty to provide readers with all available information, which is why we got in touch with MaidSafe COO Nick Lambert.

David Irvine, founder and lead […]

My Experience in ‘Bitcoin City’ Arnhem

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Arnhem Bitcoinstad In October of 2014, CoinTelegraph reported that the city of Arnhem in the Netherlands had become the densest concentration of Bitcoin merchants in the world. And in November, the organizers held a successful six month anniversary event entitled “Arnhem Bitcoin Metropolis,” which attracted nearly 100 people who made over 175 Bitcoin transactions. First Stop: Bitcoin City

While on vacation in the Netherlands during the holiday break, I decided to bring my bitcoin-filled […]

ShapeShift Releases New Tool Allowing Merchants to Accept Payments in 10+ Cryptocurrencies

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ShapeShift Releases New Tool Allowing Merchants to Accept Payments in 10+ Cryptocurrencies ShapeShift releases the Shifty Button, a tool allowing online merchants to start accepting payments in 11 different cryptocurrencies, including Bitcoin and leading altcoins Litecoin, Dogecoin, and Darkcoin.

The Shifty Button is a free and simple HTML code, which can be placed into any payment page. When added to a website, users are then given the ability to deposit any of the altcoins supported […]

CDC to Discuss Banking Service Issues with US Treasury

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ForexMinute.com – In response to US Treasury Department’s invitation for a roundtable discussion on Financial Access for Money Services Businesses (MSB) next week, the Chamber of Digital Commerce recently formed Financial Access Task Force – a team that will highlight the banking accessibility issues faced by Bitcoin businesses in the US.

Just like China, Bitcoin businesses in the US are currently facing hurdles in accessing banking services, thanks to a law that allows banks to […]

Think Tank Launches To Educate Lawmakers and the Media on Blockchain Technologies

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Coin Center In September, Coin Center announced that they were launching a blockchain-technology think tank with a $1 million budget . Tuesday, they kicked off the website, which includes a number of resources.

The think tank, which they call “ a new voice for Bitcoin ,” is dedicated to spreading knowledge about cryptocurrency technologies. Coin Center runs under the vision of Executive Director Jerry Brito, who left his position as senior research director at Mercatus […]

Coin Center Unveils Bitcoin-Focused Public Policy Website

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Coin Center, a non-profit research and advocacy centre, announced today the launch of its new website that offers educational resources and detailed information about the organisation.

The group focuses on the public policy issues facing cryptocurrency technologies such as bitcoin. It provides updates on advocacy efforts, publishes policy research and serves as a resource for education on digital currencies as well as a repository of policy research from various respected academics and experts.

CoinCenter.org has […]

Bitwage And Amagi Metals Partner For Bitcoin Payroll

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Bitcoin-friendly Amagi Metals has announced that its entire staff will voluntarily accept a portion of individual employee paychecks in Bitcoin in 2015 through Bitwage . CEO of Amagi Metals Stephen Macaskill said the company is taking this action to advance its ability to function fully in Bitcoin going forward. Macaskill will accept $40,000 of his annual salary in bitcoin to demonstrate his support of Bitcoin.

The announcement came on the heels of Amagi Metals’ August […]

US Treasury to Consider Bitcoin Industry Concerns Over Banking Access

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The US Treasury Department plans to spell out the government perspective on financial access for money services businesses (MSBs), as well as hear concerns from the MSB community, at a roundtable discussion next week.

In response to the announcement of the meeting, the Chamber of Digital Commerce  (CDC) has created the Financial Access Task Force and applied to make a presentation highlighting the issues that digital currency businesses face when trying to establish banking relationships.

The CDC, a digital currency advocacy […]

Bitreserve Lawsuit Rumor Untrue

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CoinTelegraph can reveal that reports of Bitreserve facing a trademark lawsuit because of its use of the name “Bitgold” are unfounded.

A recent article in Altcoin Press suggested that Nick Szabo, who supposedly trademarked the name “Bitgold”, could bring a lawsuit against the digital money service.

The article, however, appears to be complete speculation. CoinTelegraph checked the United States Trademark and Patent Office and found no registered trademark under the name “Bitgold”.  The article included a […]

Bitcoin Currency – Bitcoins Financial Revolution

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Bitcoin Currency – Bitcoins Financial Revolution
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Bitcoin is Closest Commodity to Gold Says Citi Chief Economist

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Bitcoin is Closest Commodity to Gold Says Citi Chief Economist
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Leverage Holdings, LLC Brings the First Bitcoin ATM in Iowa

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Leverage Holdings, LLC, the parent company of Leverage Consulting, Leverage Metals, Leverage Cloud Brokerage and Fungicoin, says that it has brought in the first Bitcoin ATM in Iowa. The announcement came in the form of a press release wherein the company says that that is moving into the Gravitate Entrepreneurial space in the Midland Building.

The press release issued by the company says that it is moving to Midland Building with big plans for the […]

Jason Burack–They're Coming For Bitcoin 21.Nov.13

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presents
Jason Burack connected with FSN again for a wide ranging discussion. He believes that the government has Bitcoin in their sites and that they will be dealt with through the tax code. FSN thinks Bitcoin will be destroyed through market manipulation-they will be driven into a hyper-bubble and then popped. Jason thinks that gold and silver will soon be freed and allowed to find their true level, probably around March. And of course […]

6 (More) Bitcoin Myths Debunked

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We’ve all heard them before.

As a groundbreaking innovation, bitcoin naturally attracts skeptics just as strongly as it attracts supporters, and the technical and theoretical complexity of the digital currency can cause a considerable amount of confusion with those who are not ‘in the know’.

The result is that critics of bitcoin oftentimes fall back on one or two euphemisms to express why they think it will never succeed – simplified statements like "bitcoin is a ponzi […]

Is Falling Bitcoin Value a Cause for Concern?

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Related Articles

In the short term, the answer is yes. Despite numerous encouraging announcements in the cryptocurrency industry, Bitcoin faces downward price pressure in the near term. Some of this downward pressure is inherent, as roughly 3600 Bitcoins are mined per day. Taking it a step further, at a price of $300 per Bitcoin, $1,080,000 of new Bitcoin must be purchased every day to maintain the current price. Bitcoin will need to live through […]

Weekend Roundup: Snowden Accepting Bitcoins, Ecuador’s Digital Money Launches, and ChangeTip Rolling Out Facebook Support

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Weekend Roundup: Snowden Accepting Bitcoins, Ecuador’s Digital Money Launches, and ChangeTip Rolling Out Facebook Support On Thursday, Carlo Caraluzzo reported that American whistleblower Edward Snowden is accepting bitcoins to finance his legal defense. “Snowden is accepting donations in PayPal, credit card, check, bank transfer and now, of course, Bitcoin. Donations can be made at this location . The donation website is in fact owned and operated by WikiLeaks and is registered by Julian Assange, […]

Snowden Looking to Bitcoin to Raise Funds for Legal Trust

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Edwardsnowden.com , a website raising funds for whistleblower Edward Snowden ’s legal defense campaign, is announcing that it will accept bitcoin donations for the cause.

Snowden had previously leaked millions of classified documents to various members of the media, showing evidence of government spying on Internet users and wiretapping phone calls.  He has been hiding in Russia ever since and is wanted by the U.S. on charges of theft and espionage.

When speaking of the incident, […]

MaidSafe Founder Seeks Monopoly on ‘Distributed Network System’

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MaidSafe founder David Irvine asked the U.S. government in June 2014 to create and enforce a monopoly on his behalf. On January 1 of this year, the U.S. government agreed to do so . The monopolistic grab goes by another name, too: patent.

The following computing process is what Irvine now claims he owns: “A method of storing data from a first node on a peer-to-peer network. The method includes creating a public and private […]

BitOasis Aims to Change how People Transact in the Middle East Using Bitcoin

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Bitcoin can offer many solutions to the Middle East, from fostering youth entrepreneurship to enabling farmers to receive loans in the digital currency, says BitOasis’ Ola Doudin.

BitOasis , a Bitcoin exchange and multi-sig wallet dedicated to the Middle East, is working on bringing Bitcoin to the region. Its founder, Ola Doudin , a former Ernest & Young associate, believes the technology has the potential to address the many challenges encountered in the region […]

Crypto 2.0 in 2015: Turning Bitcoin Theory Into Big Business

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Chip, computer 2014 may be remembered as the year the bitcoin protocol became unrealistically lauded as a magic cure-all to problems plaguing everything from cancer research to copyright law.

What may have been lost in this stream of sometimes sensational headlines is that, while bitcoin’s distributed ledger technology is empowering a new wave of entrepreneurs to experiment with legal contracts, identity and ownership, the foundations for such solutions are, in reality, still being built.

Looking ahead, though, the […]

Cody Wilson Speaks Out on Campaign to Dismantle Bitcoin Foundation

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Anarchist activist Cody Wilson has officially launched his candidacy for the upcoming Bitcoin Foundation board elections, and reaffirmed his intention to try and disband the organization from within if successful.

Wilson nominated himself with a post on the foundation’s forums on 20th December and has also launched a website  to support his campaign.

A staunch opponent of bitcoin regulation or centralization, Wilson is also best known for co-founding Defense Distributed , a donor-funded nonprofit organization that […]

The Future of Money and Bitcoin – Max Keiser

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The Future of Money and Bitcoin – Max Keiser
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Edward Snowden Is Accepting Bitcoin Donations for His Legal Defense Fund

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Edward Snowden Edward Snowden now accepts donations in Bitcoin for his legal defense fund.

Snowden is one of the most well-known people in the world. The computer professional made his name after he exposed the massive spying programs that are being used against not only American citizens, but everyone in the world. Because of how he came by this evidence, though, Snowden is now a fugitive from the United States and is taking shelter in […]

Greece at a financial cross-roads and a practical solution could be Bitcoin

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Political instability in Greece could elect an anti-austerity party in the coming weeks, looking for new financial solutions, perhaps Bitcoin. With a weakened economy and risk of exit from the euro-zone, the Greek party needs new economic policy to solve the country’s deficit.

In the last 24 hours, Greek MPs have rejected the government’s presidential nomination triggering a new round of parliamentary elections, likely to bring the left wing to power. The coalition of radical […]

10 Bitcoin Resolutions for 2015

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A lot can happen in 365 days.

A year ago, 1 BTC was worth $770, governments around the world were either terrified of bitcoin or laughed it off as a passing fad and it was a lot harder to find a place to spend your bitcoins.

Today, you can buy a bitcoin for $316 , governments and financial institutions are starting to understand the disruptive potential of the bitcoin protocol and digital currencies, and bitcoin shopping options are […]

The True Value of Bitcoin: What You Really Need To Know

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Stefan Molyneux, MA, host of Freedomain Radio, brings over 15 years of software and business entrepreneurial experience to the question: What is the true val.

Stefan Molyneux, MA, host of Freedomain Radio, brings over 15 years of software and business entrepreneurial experience to the question: What is the true val.

Bitcoin is the currency, idea, software, movement that will change the course of human history. Stefan Molyneux, MA, host of Freedomain Radio, a man who has […]

Bitcoin Analysis: Week of Dec 28 (Year in Review)

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Bitcoin Analysis Note from the Author: Please see ( @Tone_LLT ) for more timely updates throughout next week on price developments and latest charts. Last Week’s Review

Last Week we concluded with the following:

Because just 14 months ago the price of a bitcoin was around US$100, the long term chart is still showing tiny signs that a reversal can come any week so we have to remain slightly bullish on that time frame. […]

Has China Abandoned Bitcoin?

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Shanghai Composite There has been much conjecture on the role China has played in the rise and fall of Bitcoin’s price. Most in this space recognize that China has been leading the Bitcoin marketplace in terms of trading and volume. If this is the case, perhaps looking through some charts would shed some light on where Chinese money is flowing.

Below is a chart comparing the Shanghai Composite with the price of Bitcoin. First, let’s […]

Bitcoin Wedding Industry Taking Off, iDIAMONDS Taking Bitcoins

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The digital currency wedding industry is taking off with iDIAMONDS offering diamond rings for Bitcoin. Following the first blockchain wedding at Coins in the Kingdom in late 2014, the wedding industry is taking note, as everything from rings to wedding dresses becomes savvy to the spending power of Bitcoin.

Online diamond and jewellery dealer iDIAMONDS is seeking to capture some of the US$ 4 billion value in the Bitcoin world, by pairing with BitPay to […]

Greece and Bitcoin: A Possible Future

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Greece has been experiencing rough times since 2008.  The economy has shrunk by about one quarter.  Unemployment stands at about 25 percent, hundreds of thousands of businesses have closed and many of the nation’s people are living in poverty.

In the midst of all this, it appears that the country is having difficulty electing a new presidential leader.  Eurozone bonds and European shares experienced a heavy slump today following the Greek Parliament’s rejection of the […]

India Soon To Be A Cashless Society, Says Governor

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India has been a little slower than many Western – and indeed Asian – nations in its adoption of digital currency, but it looks as though we are finally seeing some movement in the right direction. In a television interview released earlier today, Raghuram Rajan , Gov of the reserve bank of India, voiced is opinion on bitcoin and its likely future in India.

Seemingly in strong support for bitcoin adoption, the governor responded to […]

Russian Ministry Criticises Draft Bill Banning Bitcoin

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Kremlin winter Russia’s Ministry of Economic Development has criticised a proposed ban on "cash equivalents", according to a report.

The ministry said that legislation aimed at banning cash equivalents, including digital currencies like bitcoin, could have negative effects on retailers, telecom operators and banks.

Specifically, some provisions of the bill could create excessive restrictions and obligations, creating unreasonable costs for businesses, it said. The ministry therefore asked that the bill be reworked and resubmitted for further consideration. The bill in question […]

American Whistleblower Edward Snowden Now Accepting Donations in Bitcoin

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ForexMinute.com – Edward Snowden, the popular American computer professional who rose to fame after leaking classified information from the National Security Agency (NSA), is now accepting Bitcoin for his official legal defense fund, currently being managed and run by Courage Foundation

Snowden has been earlier charged by the US government with multiple anti-national crimes, including “unauthorized communication of national defense information” and “willful communication of classified communications intelligence information to an unauthorized person”. The 31-year […]

Reserve Bank Governor: India “will adopt digital currencies at some point”

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The Governor of the Reserve Bank of India has said he has “no doubt” that digital currencies will play a role in India’s future society. Drawing a comparison between the rise of debit and credit cards in the country, the Governor argues digital currency will help pave the way to a cashless society.

Speaking during a wide-ranging TV interview in New Delhi, Reserve Bank Governor Raghuram Rajan made his first comments on Bitcoin and the […]

Viralstyle, the Tampa Tech Startup Now Accepting Bitcoin

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First Viralstyle carved a niche by becoming the newest way to create, design, and sell custom apparel and accessories online; now, it has joined the league of tech giants Microsoft and Dell that accept Bitcoin. The company says that paying in Bitcoin, users can get everything from T-Shirts to posters and everything in between.

According to a source at Viralstyle the company is full of all different types of projects, from non-profit fundraising to clothing […]

Ecuador Officially Launches Its Own E-Money System

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Banco Central del Ecuador (BCE) announced it has officially entered into the first phase of the establishment of its own electronic cash system, asking citizens over 18 years old to open an account using their smartphones.

Starting from December 23, Ecuador citizens over 18 years old can open an electronic money account using a simple code that is required to be enter on their mobile phones, reads the official release . This date triggers the […]

Could Cryptocurrency Improve P2P File Sharing?

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The Pirate Bay The Pirate Bay may never make it to its teenage years.

The popular file sharing site, launched in 2003, was recently taken offline following a raid by Swedish police. It’s a sad event for a site that is supposed to be all about unassailable file sharing. Though resurrected versions of The Pirate Bay may already be back up online, the latest interruption to its service raises a host a questions.

What does this […]

Future Alert: Wealth Sharing May Become the New File Sharing

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File Sharing I’ve been venturing into new subreddits lately (after patronizing /r/Bitcoin almost exclusively for a year). This branching out lead me to /r/cryptocurrency , where I stumbled upon a sort of manifesto for the decentralization of all the things. It’s compelling. Here’s a breakdown of the main points of the full piece , written by redditor aliensyntax . Unconscious Acts of Rebellion

“When file-sharing began on the internet, a process of disruption of […]

Russian Ministry Questions Proposed ‘Quasi-Money’ Ban

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Politicians rarely think about the long-term implications of policy proposals and nowhere is this more evident than in the Russian Federation.

Vladimir Putin’s policies have turned the Russian economy into a shambles and the icing on this particular cake may well be his policies concerning virtual currencies, according to Russia’s Ministry of Economic Development.

Putin recommended last March that “cash equivalents” be banned under Russian law. The Ministry of Finance (MinFin), Russia’s Central Bank and the […]

Registration Begins for Ecuador’s Government Crypto-Currency

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The Ecuadorian government has begun the long process of registering citizens interested in receiving the country’s official government backed alt coin.

Ecuador has taken the most unique approach to crypto-currency of any government around the world – one which has generated a lot of interest but has won over few friends. After first moving to ban the sale and use of crypto-currencies such as Bitcoin, the South American nation announced that it would create and […]

Russia Might Rollback Its Decision to Ban Bitcoin

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ForexMinute.com – Already going through rough economic times , Russia is reportedly planning to rollback its decision to ban all sort of cash equivalents, including cryptocurrencies like Bitcoin.

According to a report published on RT , Russia’s Ministry of Economic Development has shown concerns about the ban’s possible outcome, which could negatively impact the country’s major telecom operators, retailers and bank. As per the government body, the proposed ban lacks precision and literally leaves cash […]

Professor Kevin Dowd is Still Skeptical about Bitcoin

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When  Kevin Dowd , a professor of Economics and Finance at Durham University, wrote a piece titled “Bitcoin is bust: Why investors should abandon the doomed cryptocurrency,” a lot of debate took place whether this libertarian and fierce advocate of private money over government-issued and controlled alternatives was right.

However, those who opposed him have not been able to convince him that Bitcoin is a complete private currency. Professor Kevin Dowd had argued that the […]

NYC Requests Info on Using Bitcoin to Pay Parking Tickets

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New York City is looking for new ways to make it easier for residents and visitors to pay for their parking tickets – and Bitcoin is one of a range of new technologies under consideration.

The city’s Department of Finance has issued a ‘Request for Information’ (RFI) entitled “ Mobile Solutions for Payment and Hearing Scheduling of Parking Tickets ,” which makes it clear that they are looking into novel payment technologies and mobile friendly […]

VC Investor Keith Gilabert: Dollar ‘Tracking Bitcoin’ Will Mean Price and Usage Rises

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Keith Gilabert Prominent venture capital investor Keith Gilabert has stated his belief in the “sharp” rise in the value of Bitcoin in the near future.

Speaking in a press release issued yesterday, the Fina V Capital president stated that international oil prices and associated currency weakening could see investors flocking to “alternatives” such as Bitcoin in greater numbers.

“Bitcoin could rise significantly as currencies around the world and oil prices continue to weaken,” he said, adding […]

The Tor Onion Is Under Attack and Rapidly Disintegrating

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Roger Dingledine Tor founder Roger Dingledine has reported today that some of the network specialized servers have been compromised.

Websites on the Tor network have been under attack by government law enforcement agencies for more than a year, beginning with the take down of the first Silk Road last year.

Since that time, several other websites have been closed down by joint operations of the US Department of Justice and European police agencies. Reports today indicate […]

Professor Kevin Dowd: “The regulations in NY regarding BitLicense are a kiss of death”

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Kevin Dowd Kevin Dowd is a professor of Economics and Finance at Durham University. A libertarian and fierce advocate of private money over government-issued and controlled alternatives, Dowd has written extensively about Bitcoin, in addition to presenting on the issues surrounding it.

Dowd is no evangelist, however; he recognizes the frailties of Bitcoin in its current form, and considers its continuing evolution to be endangering its innovative principles.

CoinTelegraph reached out to Professor Dowd for a […]

Bitcoin Is (Still) Not Doomed

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by John Light

Washington Post columnist Henry Farrell has just added himself to the Nakamoto Institute’s running list of skeptics making bold assertions about the certain demise of Bitcoin. In a post entitled “ Bitcoin’s financial network is doomed ,” Mr. Farrell demonstrates his short-sightedness in the face of Bitcoin’s subtlety and allure , perhaps as a cunning-though-not-so-original means of acquiring cheap coins for himself. Regardless of his motivations, I couldn’t resist a full rebuttal, […]

The 10 Most Influential People in Bitcoin This Year

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It’s safe to say that 2014 was an interesting year for bitcoin.

As core development on the bitcoin protocol continued to strengthen the technological foundation of the digital currency, members of the bitcoin community had a significant impact on the ‘front-end’ of the budding industry this year too.

With bitcoin and blockchain technology approaching – but yet to reach – mainstream adoption in society, it’s not enough that Satoshi Nakamoto’s invention stands on its own technological prowess.The […]

NYC’s Department of Finance Issues RFI on Mobile Solutions for Payment of Parking Tickets

By | Bitcoin Politics | No Comments

Parking Tickets New York’s Department of Finance (DOF) is issuing a Request for Information (RFI) on mobile solutions for payment and hearing scheduling for parking tickets, and identifies Bitcoin as one of the potential tenders.

The DOF is researching different options available in the mobile payment industry that could provide greater ease and convenience for vehicle owners, reads the official release .

The announced RFI will assist the City in understanding the current market for mobile […]

The 7 Biggest Crypto Scandals of 2014

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Even though 2015 is right around the corner, some might say that bitcoin was still in its ‘Wild West’ days throughout the course of this year.

While it’s easy to appreciate all of bitcoin’s best qualities – it’s cheap, fast and reliable, to name a few – it’s harder to ignore that bitcoin has also been associated with less desirable parts of life – like crime and scandal.

As the digital currency’s use cases are still […]

Circle’s Wishlist for Bitcoin Regulation in 2015

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John Beccia is general counsel and CCO for Circle, a consumer finance company that uses bitcoin technology to make money transfers and payments instant, secure, global and free.

In this article, he shares his wish list for regulators focused on digital currency. It’s the time of year when everyone is filled with holiday cheer and ambitious goals. As we turn the calendar page, it’s a moment for optimism and hope that not only will digital […]

5 Ways to Explain Bitcoin Over Christmas Dinner

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It’s December 25th. You’re busy heaping cranberry sauce on your plate and stealthily dodging those brussel sprouts when, as you knew it would, the conversation turns to bitcoin.

Statistically speaking, the majority of your family have probably heard of the digital currency by now – no doubt in the context of Gox , Silk Road (both 1 and 2) and pundits declaring that it’s dead, yet again , following the latest price bubble .

They might have also […]

Coinprism Now Offering Armory Cold Storage for Colored Coins

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Coinprism is the first colored-coins Bitcoin wallet. They offer the ability to prove ownership of stocks, bonds, commodities, smart property and more by “coloring” bitcoins with the Open Assets protocol . Now you can store those colored coins with Armory , which is the only open-source wallet that supports both multisignature transactions and cold storage.

As Coinprism’s announcement explains, their wallet “is already extremely secure, as the private keys never leave the browser,” but cold […]

Too Many Bitcoins: Making Sense of Exaggerated Inventory Claims

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A year ago, Finnish bitcoin entrepreneur Risto Pietilä attempted to compile a list of the top publicly known bitcoin holders.

Assuming his list is accurate (which it probably isn’t), if you add up the alleged top-20 largest holders of bitcoin, these individuals control roughly 4.44m BTC.

Yet when coupled with self-identification of organizational wallets (like Bitstamp did last year ), plus anecdotal talks at meetups, conferences and parties, it becomes clear that the sum total of […]

3 Pre-Bitcoin Virtual Currencies That Bit the Dust

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The history of the Internet is filled with examples of individuals or teams trying to bring characteristics of physical currency to the digital realm.

Until bitcoin, nearly all prior attempts either failed or fell pitfall to issues related to centralization and crime, among others. Yet despite their stumbles, the examples outlined below may serve as a reminder that, like bitcoin, other concepts were able to attract significant media attention, a number of users and, in […]

Bitcoin Fund Manager Faces HSBC Account Closure

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HSBC office building. Global Advisors, a firm based in Jersey that manages the first regulated bitcoin fund, has been served notice by its bank, HSBC.

The firm said it received a notice from HSBC indicating that the company’s bank account would be closed in 60 days. A meeting with HSBC personnel at the firm’s office in Jersey revealed that the bank feared Global Advisors’ account was at risk of potential money laundering.

"We heard that our risk profile […]

Bitcoin buzz bypasses shoppers

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With more retailers accepting the digital currency, few shoppers are actually using it.

Since it’s inception five years ago, bitcoin hype has spread across the globe. “Bitcoin accepted here” stickers have popped up in restaurants and stores. It’s even made it to Twin Mountain Country Store, a convenience store and deli in a remote corner of New Hampshire. But customers aren’t exactly flocking to pay with the digital currency.

Twin Mountain’s owner Bill Bochynski […]

Report: ‘Virtual Currencies Set to Quickly Disrupt Major Markets’

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Virtual Currencies According to a study published recently by Technology Strategies International, Inc. (TSI), virtual currencies are likely to be a major disruptive force within the next decade.

The report, entitled “The Future of Virtual Currencies 2014,” speculates that virtual currencies such as Bitcoin have grown to the point that there is literally no stopping these new innovative technologies that are cropping up every day. Finally, the report advises organizations that want to avoid being […]

First Global Credit CEO, Gavin Smith: ‘The Blockchain has the Potential to Take the Stock Exchange to the Next Level’

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First Global Credit CEO, Gavin Smith: ‘The Blockchain has the Potential to Take the Stock Exchange to the Next Level’ CoinTelegraph reached out to First Global Credit CEO, Gavin Smith, who recently contributed his own Op-Ed piece about Anonymity vs. Privacy, to get his thoughts on the advantages of trading with bitcoins, the future of the stock market in the age of the blockchain and the looming BTC regulations.

CoinTelegraph: What do you see […]

The Rise and Rise of Lipservice: Viral Western Union Ad Debunked

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Western Union [Note: Tim Swanson is the author of Great Chain of Numbers and The Anatomy of a Money-like Informational Commodity .]

Last week the /r/Bitcoin community thought they came up with a clever ad (see image) that revealed the “true” costs of remittances. But this is an apple’s to orange’s comparison. Because it lacks a “ circular flow of income ” in developing countries, Bitcoin, the network, in this instance is just a […]

Cracks in the Fiat Money System: The Swiss Gold Referendum and Currency Pegging

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Swiss Gold On November 30, Swiss voters will go to the polls to vote on what is being called the “ Save Our Swiss Gold ” referendum. 

A vote of yes would mean that the Swiss National Bank (SNB) would have to refrain from selling any more gold and increase its gold holdings to 20%, which is up from current levels of 7%, where it will remain indefinitely. It would also require the SNB to […]

Economist Jeffrey Tucker on the ‘Threat of Deflation’ in Eurozone

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Jeffrey Tucker Jeffrey Tucker is an economist who’s also savvy with blockchains (a rare combination). He is responsible for introducing Bitcoin to many of his readers via his authorship of four books and founding of the Cryptocurrency Conference .

Tucker is a distinguished fellow for the Foundation for Economic Education and is the Chief Liberty Officer of Liberty.me .

He talked with CoinTelegraph about the European Central Bank’s warnings about deflation , the future of fractional-reserve […]

Takafumi Horie, Japanese Entrepreneur Says Bitcoin is Route to More Security, Less Government

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Japanese saw their local Bitcoin exchange Mt. Gox failing this year; they have not yet forgotten the moment it lost their investments. However, Takafumi Horie , the Japanese entrepreneur believes that the digital currency is still a route to more security and less government. Coming from a successful entrepreneur and investor, the statement is being analyzed by experts.

Takafumi Horie is a renowned Japanese entrepreneur who founded Livedoor, a website design operation that grew into […]

The Importance of Keeping Crypto Crowdsales Accountable

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For many entrepreneurs, one of the most compelling use cases of blockchain technology is the potential for it to enable new marketplaces that remove traditional hurdles associated with investing and crowdfunding.

The growing number of public crowdsales has been widely covered as of late. With these crowdsales, companies sell a branded bitcoin fork as a way to finance the early development of cryptocurrency-related projects. The popularity of many of the early crowdsales has sparked a […]

Is Bitcoin The Future of Money? | Dominic Frisby

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Jason Burack had on returning guest Dominic Frisby http://dominicfrisby.com/ to talk about his new book, Bitcoin: The Future of Money?

Dominic Frisby is an actor, comedian, writer for Moneyweek (top investing publication in the UK) and his previous book, Life After the State was a fantastic book.

People can buy his books on Amazon or Audible. Jason Burack of Wall St for Main St has read both books (listening on Audible) and highly recommends both.To start […]

ZDNet Author Ken Hess Falls Foul of the Bitcoin Community

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Supposedly reputable technology news website ZDNet has fallen foul of the bitcoin community today, on the back of one of its reporters – Ken Hess – publishing an article that claims bitcoin is illegal. The article details Hess’ communications with United States Senator Tom Coburn, and includes the author’s interpretation of the senator in question’s statement.

Before reading on, it is worth mentioning that – in an attempt to avoid flattering Hess with clicks and […]

Bitcoin Foundation’s #TeamHal Fundraiser is Disingenuous (Op-Ed)

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Bitcoin Foundation The Bitcoin Foundation has announced a fundraiser to give 25 bitcoins to “an organization that is doing great work in finding a cure for ALS.” Amyotrophic lateral sclerosis (ALS)—also known as Lou Gehrig’s disease—is the neurodegenerative disease that claimed the life of renowned cryptographer Hal Finney earlier this year. The Bitcoin Foundation (BF) suggests that if you are “on #TeamHal,” you should nominate an organization to receive the funds and/or you should […]

Is Tim Swanson Right That Bitcoin Hoarding Is Bad?

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Tim Swanson Numbers blogger Tim Swanson recently used Bitcoin blockchain data graphs generated by John Ratcliff to declare that 70% of existing bitcoins have not been spent in six months.

He wrote that the data provides a “sobering chart” for those who want Bitcoin to grow. In his opinion, if all currency is not being spent like a hot potato—quickly hopping from one person to the next—this is a bad sign for a currency’s future […]

Reporter Writes to US Politicians Concerning Illegality of Bitcoin

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ForexMinute.com – ZDNET Reporter Ken Hess recently wrote letters to the key politician lobby – Congressmen and Senators – concerning the illegality of Bitcoin in the United States.

“What makes it illegal is Article 1, Section 8, Clause 5 of the Constitution of the United States. Only the US Treasury can coin currency,” he said while resting his argument before his readers, which now include a huge chunk of Bitcoin followers as well.

The aforementioned decree […]

Roger Ver Doubles Donation Match for Antiwar.com to $20K

By | Bitcoin Politics | No Comments

Roger Ver Roger Ver is an early adopter of Bitcoin and a peace advocate who puts his satoshis where his mouth is.

A few years ago he fled the state in America to live in Japan, after spending ten months in a California prison for selling pest control products without state permission papers. In a natural alliance, he’s doubled his original donation match pledge of US$10,000 to Antiwar.com to US$20,000. The donation drive is active […]

ZDNet’s Ken Hess Attacks Bitcoin as ‘Illegal’

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The breaking news on Reddit today is an article by Ken Hess , “reporter” for ZDNet. The Reddit community seems to be in panic mode about Hess’s report that the United States Senate is poised to make Bitcoin illegal. A casual inspection of his report however makes his claims highly unlikely, at best.

Hess’s problem with Bitcoin seems to be that it is being used as a form of currency and that, under “Article 1, […]

Dutch Official: Bitcoin Transactions Probably Not Liable for VAT

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Jakob Kamminga, an official from the Dutch Ministry of Finance, has said that bitcoin transactions will "probably" be not liable for value added tax (VAT).

His comments were made during a debate on bitcoin and tax at VU University, Amsterdam, on Thursday.

This would mean that goods and services bought with bitcoin will only be taxed on the goods and services side of the transaction, as is the case with purchases done with fiat currency – not on both sides of the transaction, as is […]

Bitspark Enters Hong Kong’s Remittance Market With Bitcoin-Powered Solution

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Joseph Joel Bayaua is employed as a private driver by a family in Hong Kong. He has worked in the special administrative region for four years.

When Bayaua sends part of his earnings back to his family in Santiago, a city of 132,000 people in the Philippines’ northern Isabela province, he selects either a Western Union money transfer or an inter-bank transfer. He usually ends up choosing Western Union.

Bayaua explained: "Both methods of sending money […]

Usual Suspects Return to Bid in Latest US Marshals Bitcoin Auction

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US Marshalls A second planned auction of 50,000 bitcoins seized by the US government from alleged Silk Road mastermind Ross Ulbricht is attracting many of the same bidders who participated in the June sale of roughly 30,000 BTC taken from the illicit website itself.

Many of the more notable participants from the first auction, including Binary Financial , Bitcoin Investment Trust , Bitcoins Reserve , Mirror (formerly Vaurum), Pantera Capital and angel investor Tim Draper will […]

Bitcoin Volatility: Are Alt Coins Taming the Beast?

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Looking at charts showing the price of bitcoin over time is like looking at a child’s crude attempt to draw the world’s craziest roller-coaster. It has certainly been a wild ride for the brave few early adopters with the courage to hold a significant portion of their money in btc.

Since its earliest days, predicting the price of bitcoin next week, let alone next month or year, has largely been a fool’s game. Whilst 10% […]

Last Event in Russia? Bitcoin Conference Returning to Saint-Petersburg

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Bitcoin Conference is headed to Saint-Petersburg and CoinTelegraph is proud to announce that it will be the official general media sponsor of the event.

Enter the promo-code COINTELEGRAPH to receive a 10% discount on the ticket price. Last Event in Russia? Bitcoin Conference Returning to Saint-Petersburg When and Where

Bitcoin Conference is returning to Russia’ cultural capital, St. Petersburg, after the success of the #CryptoForum Conference held back in August of this year. The event […]

Blockchain Factory Is Creating The Tools For Today And Governance Services For Tomorrow

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Blockchain Factory Facebook

Twitter51

G+5Pinterest1 reddit Upvote Downvote submit inShare 4Art by: Jing Jin Last month we brought you an interview with Nathan Wosnack, David Mondrus and Matt McKibbin, who had left the crowdfunded Bitnation days before the launch of its crowdsale due to concerns over transparency, customer/investor protection and potential regulatory issues. Last week, we caught up with two of the former Bitnation members, Nathan Wosnack and David Mondrus, to talk about what they […]

DApps: Decentralization Will Empower Websites to be Their Own Bank

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Anyone who thinks that social media is free has never been on Facebook. Sure, you can post pictures of your cats and argue with strangers without opening your wallet, but you still pay by opening up your life.

Websites like Facebook, Twitter and others are a marketer’s paradise, not to mention a haven for government watchdogs and provocateurs. A new project, funded by David Johnston, cofounder of the BitAngels  investment project, called DApps is set […]

Crypto Next Now Powers 10 Digital Currency Exchanges, Targets 50 by March

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Crypto Next Isle of Man-incorporated Bitcoin startup Crypto Next, announces it has signed up 10 digital currency exchanges in only one month after public beta launch of its white label exchange platform. The company hopes to have as much as 50 exchanges live by the end of Q1 2015, says CEO Sharon Greenberg.

Launched on October 19, at the Inside Bitcoins Conference in Tel Aviv , Crypto Next ‘s public beta white label exchange […]

Netagio to Exit Gold Market, Enter Euro and USD

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British bitcoin exchange Netagio is exiting the gold market next month due to weak demand.

The exchange will remove its three order books for gold trading by the end of the year, according to Netagio CEO Simon Hamblin.

Netagio will instead enter the dollar and euro markets, with new order books for trading bitcoin for those currencies to be launched in mid-December. The company declined to specify a date.Hamblin said the firm is repositioning itself to tackle […]

The Blockchain and the Rise of Networked Trust

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“We are free to plant our own seeds; we don’t buy the brand nor the patent from a multinational. In order to plant, we don’t need permission. Also, we don’t ask anyone’s permission for what to do with our money!”

Santiago Zaz is an organic farmer from Argentina. Back in 2013,  Zaz ’s business became the first of its kind to accept bitcoin payments in the country.

Like Zaz, many in his community don’t have the possibility of […]

For Bitcoin, It’s the Tech – Not the Talk – That Really Matters

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To some, the idea of money that’s free of governments and banks is extremely appealing.

The money system causes the wealth gap, they say. It’s the reason both the state and the financial sectors have both grown to such disproportionate size.

Use a different money, and the government and banks’ monopoly is destroyed. Their power is reduced. They can’t perpetrate many of the abuses that go on – whether it’s inflation, forex- or libor-rigging, bailouts or […]

Why Bitcoin Needs an Aggressive Legal Defense

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Justice statue Across the board, bitcoin requires forceful and aggressive legal defense, not complicity with governments in crafting policy and regulations. It’s going to get a lot rougher for bitcoin in the months and years ahead. We have to be prepared.

As Rick Falkvinge, author of Swarmwise , states , "The copyright monopoly war wasn’t the war, it was the tutorial mission. The Internet generation is using technology to assert its values and its place […]

UK Study: Bitcoin Familiar to 71% of Brits but Suffers from an Image Problem

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The Digital Currency Council’s recently released study on UK citizens reveals that Bitcoin’s biggest challenges are around adoption and communications, and that digital currencies have got a persistent reputation problem.

It is in light of the call for information made by the government of the UK earlier this month that the American organization the Digital Currency Council released on Wednesday a study conducted by UK strategic research firm, Reputation Leaders , on UK citizens’ sentiments […]

CFTC: ‘We Have the Authority over Bitcoin Price Manipulation’

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The struggle between US regulatory agencies about who can act in cases involving Bitcoin continues as the Commodity Futures Trading Commission, an independent United States Federal agency determined that it has enforcement powers against price manipulation in Bitcoin markets.

This agency was established in 1974 by the Commodity Futures Trading Act to promote “competitive and efficient futures markets and protect investors against manipulation, abusive trade practices and fraud.”

In remarks at the Bitcoin conference held at […]

Internet Gambling Ban: Bitcoin Boom or Bane?

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It would be difficult to find a nonpolitician to agree that the United States has anything close to a functional Congress. The conservative wave that seems to be sweeping the United States political world actually does little to defend an entity that does not contribute heavily to its political ambitions. The new Congress, now completely controlled by conservatives, seems to be bent on continuing its attacks on regular citizens with this suggested new proposed […]

UK Shadow Minister Woos Bitcoin Community Ahead of Elections

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UK Shadow Minister Woos Bitcoin Community Ahead of Elections ForexMinute.com – Chi Onwurah, one of the shadow ministers for the UK’s cabinet office, recently appreciated Bitcoin to reduce consumers’ dependency on financial institutions. Her comments were the part of a Digital Government review – Digital Britain 2015 – launched recently by the center-leftist political party Labour.

The aforementioned report is intended towards discussing the importance of digital currency technology in improving people’s powered public services. […]

You’ve Been Lied to About Net ‘Neutrality’ (Op-Ed)

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There are three problems that surround this debate, and each problem comes from a different group:

1 – First is a problem for us, the consumers. Near-monopolies like Comcast, Verizon and AT&T did not become near monopolies by accident. During the early days of the Internet, regulations (i.e. barriers to entry) were created that effectively prevent other, smaller ISPs from being able to compete with the behemoths. This allows these mega ISPs to provide their […]

Now You Can Buy Movie Tickets for Bitcoin with FlixForCoins

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Going only by the name Richard, a computer science student attending Mount Royal University in Canada has launched FlixForCoins .

The site purchases movie tickets for fiat on your behalf. The site isn’t just for making payments, either—it actually hosts complete show time schedules of major movie theatres in cities all across North America (U.S. and Canada at this time).

Leave it to a code-writing college student to make escape from reality a little easier. As […]

Realcoin Rebrands as ‘Tether’ to Avoid Altcoin Association

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Tether, realcoin Realcoin has officially announced it will rebrand as ‘Tether’ as it opens for private beta.

First revealed in July, the Brock Pierce-led company  said the name change is an attempt to better express its true functionality as a crypto 2.0  project that uses tokens to move currencies over the blockchain.

Speaking to CoinDesk, CEO Reeve Collins emphasized this line of reasoning, stating: "We’re not an altcoin, we’re not our own blockchain. We’re a service, a […]

UK Shadow Minister Outlines Bitcoin’s Potential for Disruption

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Nov-20-Transferwise-Chi-Onwura 3 Bitcoin has the potential to reduce consumers’ reliance on giant banks and other entrenched financial institutions, according to Chi Onwurah, the UK’s shadow cabinet minister for digital government.

Onwurah is leading a sweeping review of how technology is used by UK public services for the opposition party, Labour. The review includes examining institutions dealing with financial services, she said.

Speaking exclusively to CoinDesk, Onwurah said: "It’s about dispersing power away from the classic, traditional […]

British Parliament to Debate Money Creation

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Money creation may well be the biggest economic issue of our times. The way that new money is created has a massive impact on our entire economy and, in fact, it would not be an exaggeration to suggest that it is the defining characteristic of our economic system.

Across the world, in all of the major economies, money creation is dominated by banks. Despite the fact that ‘fiat money’ – the dollars, pounds or euros […]

Barry Silbert Partners With Bitcoin Trust to Bid the Silk Road Bitcoin Auctions

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Barry Silbert Partners With Bitcoin Trust to Bid the Silk Road Bitcoin Auctions Barry Silbert, the founder of Digital Currency Group, SecondMarket , and creator of BitcoinTrust , tweeted today that BitcoinTrust and his Bitcoin trading desk will be forming a syndicate to bid in the US Marshals Bitcoin auction. Rests of the details are yet to come; however, the message is loud and clear that does not want to miss this time.

He is […]

Banks Need ‘Secure and Anonymous’ Payments to Prevent Internet Giants from Snooping, Says French Report

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Philippe Lemoine Philippe Lemoine reveals his report on ‘The Digital Transformation of the French Economy’ where he suggests as much as 180 proposals in order to shake up France’s technology sector, among which figures the need of developing a secure, cost-effective and anonymous payment solution based on the blockchain technology.

Earlier this month, Philippe Lemoine , CEO of French online business LaSer and serial entrepreneur, revealed his report entitled ‘The Digital Transformation of the French […]

Spain’s Bankinter Makes Pioneering Investment in Bitcoin exchange Coinffeine

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Spanish Bank Bankinter has made history in becoming one of the first banks in the world to invest directly in a Bitcoin business, in this case in domestic decentralized exchange Coinffeine .

Bankinter announced the move in a note issued Monday morning, Spanish news portal El Economista reports . In doing so, the corporation becomes one of the first banks in the world to invest directly in a Bitcoin startup.

Coinffeine confirmed the news on Twitter […]

Uniting Separated Families with ‘Rebittances’: Interview with Filipino Company, Satoshi Citadel Industries

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Satoshi Citadel Industries John Bailon is Co-Founder and CEO/CTO at Satoshi Citadel Industries (SCI), a Filipino Bitcoin startup aiming to improve the lives of Filipinos with smart and innovative products related to Bitcoin.

As of today, the ventures company offers as much as 7 Bitcoin centered products, including the country’s first Bitcoin bills payment system Bills Ninja , the Philippines’ premier ‘rebittance’ service Rebit.ph , and recently launched the country’s first order book exchange , […]

Bitcoin Analysis: Week of Nov 16 (Arbitrage)

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Bitcoin Analysis Note From the Author: Please follow me on Twitter ( @Tone_LLT ) for additional updates to the state of Bitcoin’s price volatility. Last Week’s Review

Due to the volatile action of Bitcoin, a special Mid-Week Update was published and in it we concluded with the following:

As we said over the last few weeks, a break of US$420 turns all of our time frames Bullish, but not only was that not expected […]

Author Jeffrey Robinson calls Bitcoiners Lunatic Delusionary People

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Mr Robinson Statler Despite rumors, there seems to be no evidence that Mr. Robinson is actually old man Statler from the Muppet Show .

Crime novelist and author Jeffrey Robinson has been making appearances lately to promote his new book “ Bitcon, the Naked Truth ”. He appears to be attempting to draw attention to himself and his book by attempting to stir up controversy in hopes of selling a few more books. He repeats […]

DACs VS the Corporation

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In certain corners of the crypto community, ‘Decentralized Autonomous Companies’ (DACs), or ‘Distributed Autonomous Organisations’ (DAOs) are all the rage. In the same way that Bitcoin is decentralizing money, DACs seem to offer the potential to decentralize the entire world of business, commerce, finance, and the economy. They are businesses that can potentially be owned and run by their customers and their ‘employees’, with no single owner, and, like Bitcoin, no central authority to […]

Wineries Growing the Bitcoin Ecosystem: Where Wine Goes So Goes the World

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[Photo: Flickr user Dennis Jarvis] https://www.flickr.com/photos/archer10/15685676486/ Serving up bottles of select vine varieties, Picnic Wine Co . was the first winery dedicated to selling wine exclusively for bitcoin. Emblazoned on their bitcoinwine.com homepage, a prominently displayed mission statement reads, “Let’s stay in Bitcoin, shall we? The bigger the ecosystem grows, the fewer reasons to go back and forth between fiat . . . Close the loop.”

A product of the millennial generation, Picnic Wine Co […]

Wedbush Securities Funds Buttercoin in First Bitcoin Investment

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Noted investment services provider and research firm Wedbush Securities has announced its first investment in the bitcoin ecosystem, contributing an undisclosed sum to newly launched US bitcoin marketplace Buttercoin.

One of the more vocal research institutions on the subject of bitcoin globally, Wedbush has long been bullish on digital currency while largely refraining from issuing any direct financial support to the ecosystem.

Buttercoin CEO Cedric Dahl framed the funding as proof that institutional players on Wall […]

US Marshals to Auction 50,000 Bitcoins Seized from Ross Ulbricht

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The US Marshals Service (USMS) has announced that it will auction off 50,000 bitcoins, worth roughly $20m, that belong to accused Silk Road operator Ross Ulbricht.

The auction is the second held by the US agency, following the sale of 30,000 BTC in July. Involving well-known participants from across the bitcoin and traditional finance industries, the auction was won by venture capitalist Tim Draper, who successfully bid on all the rounds organized by the USMS.

According to […]

Australian Government Asks Pension Applicants to Declare their Digital Currency Assets

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Australian Government Asks Pension Applicants to Declare their Digital Currency Assets As digital currency Bitcoin is increasingly being considered an asset, the governments too have started paying attention to it; a new row came in when the government of Australia asked its pensioners to disclose the assets saved in digital currencies like Bitcoin. This came to notice when the new pension application form came in with a new column.

According to the government authorities a […]

Gavin Andresen, Bitcoin Redeemer (Op-Ed)

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In a November 6 interview in Dublin, Ireland, recorded at this year’s Web Summit , Gavin Andresen called Bitcoin “shady.”

He was speaking of Bitcoin in the past, and said, “We’re quickly evolving to something that is much more mainstream, much more accepted, much easier to use.” Speaking with the Wall Street Journal’s Lisa Fleisher , he talked about the future — of Bitcoin, mining, money, regulation and the world. “The biggest misconception is still […]

Term Sheet — Friday, November 14

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Facebook Google Plus Linkedin Share iconsReddit, the online comment and aggregation site that boasts 175 million users, yesterday announced that CEO Yishan Wong had resigned due to a disagreement over new office space. He will be succeeded on an interim basis by business development head (and former VC) Ellen Pao, while co-founder Alexis Ohanian will return as full-time executive chairman.I spent some time on the phone with Pao […]

Bit-Curious? Bank of Canada Flirts with Bitcoin despite ‘New Risks’ to Status Quo

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Bank of Canada On November 13, Bank of Canada Senior Deputy Governor Carolyn Wilkins gave a speech at Wilfrid Laurier University in Waterloo, Ontario, on ‘Money in a Digital World,’ where she tackled the topic of ‘e-money,’ dissecting both the benefits and risks of such innovations, and said that Canada’s central bank was "undertaking research on the potential merits of issuing e-money."

"There are two types of e-money that I want to talk about today," […]

What Ban? Russia’s VK.com is Mining Bitcoin

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This year, at Riga’s International Economic Forum , CoinTelegraph had the chance to catch up with Yuri Ivanov , Head of Partner Relations at Russia’s largest and most popular social network, Vkontakte (VK.com).

As of January 2014, VK.com had at least 239 million accounts. VK is ranked 8th (as of August 1, 2014) in Alexa’s global Top 500 sites and is the 2nd most visited website in Russia, after Yandex .

Yuri has more than 10 […]

Australian Government: Welfare Applicants Must Declare Bitcoin Assets

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Australia Parliament Building Canberra A small addition to a pension application form provoked interest in Australia yesterday, with its request that applicants declare their "cyber currency" assets such as bitcoin.

A printed reference to bitcoin value in a government-issed document such as this, according to a digital currency legal expert, "legitimizes the concept of digital wealth beyond a niche area".

On page 14 of the application form published by the Department of Human Services (DHS), bitcoin […]

Coinbase Reportedly Seeking up to $60M in Funding

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Coinbase funding Coinbase is rumoured to be in the midst of another funding round, attempting to raise up to $60m with a company valuation of $400m.

The US-based company, which provides bitcoin wallets and merchant services, is expected to take on investment from venture capital firm DFJ and is looking to raise $40-60m, according to Re/Code . CoinDesk has contacted Coinbase, but is yet to receive a response. DFJ has declined to comment.

Back in December, Coinbase […]

Tatiana visits New Zealand’s first Bitcoin South

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Tatiana visits New Zealand’s first Bitcoin South I have been prepping for weeks and have finally arrived in Melbourne for my tour of Australia and New Zealand.  What brings me all the way across the world? Well, Bitcoin South, which is 29th & 30th Nov, in beautiful Queenstown, New Zealand! Not only will I be speaking and performing the Bitcoin Jingle along with other songs from my 3 rd album, but I will also be […]

OneName Raises Seed Funding to Fuel Decentralized Identity Protocol

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Open-source identity protocol provider OneName announced a forward-looking roadmap this week that will see it extend more open-source software to developers as it bids to disrupt the existing online authentication process.

The blog post follows a relative period of quiet for the project, which debuted its social solution for bitcoin addresses this March . Though the Openname tool garnered widespread use in the community, OneName said it now intends to move beyond simply providing a […]

Inside Bitcoins Paris Unveils Full Agenda, Speakers

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With the recent successes in London, Las Vegas and Tel Aviv, Inside Bitcoins Conference and Expo , has proven to be one of the leading trade shows for the fast-growing Bitcoin and related cryptocurrency industry.

Inside Bitcoins will now make its debut in Paris, France on November 20-21, 2014 , and CoinTelegraph is excited to continue its partnership and offer our readers an exclusive discount. Enter the code TELEGRAPH to receive a 10% discount on […]

Top 10 Risks Associated with Bitcoin Presented by Finance Professor at World Bank Forum

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SHA256 ALGORITHM HASHRATE: 302.8 Ph/s Mark Thomas Williams, a faculty member in the Finance and Economics Department at Boston University, presented his top-10 most significant risks associated with Bitcoin at World Bank forum.

Professor Williams was invited to speak about ‘virtual currencies’ at the World Bank’s Law, Justice and Development (LJD) week, held from October 20 to October 24, 2014, at the World Bank Headquarters in Washington.

On October 21, Williams discussed the topic ‘ Virtual […]

ID3 Hopes You’ll Opt-In to Your Own Surveillance (Op-Ed)

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SHA256 ALGORITHM HASHRATE: 273.4 Ph/s In a move not surprising from a partner organization of DATA (the organization that assisted New York state employees to write the “BitLicense”), ID3 has announced the release of new identity-tracking software that they hope cryptocurrency companies will make a pre-condition for customers wanting to do business.

The software was “collaboratively written with public and private stakeholders.” Translation? Governments, who are globally known to be online spies , had a […]

Singapore Crypto Conference Brings Together Academia, Businesses and Regulators

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G+1Pinterest reddit Upvote Downvote submit inShare 2While much of the payments and financial world was in Las Vegas at Money20/20 last week, about 250 researchers, business people and policymakers met in Singapore to have a frank conversation about the Asian financial hub’s role in the cryptoeconomy.The Sim Kee Boon Institute for Financial Economics at Singapore Management University hosted the two-day conference on November 4 and 5 in […]

Former Federal Reserve Bank Examiner Mark T. Williams Says Bitcoin May Attack Sovereignty

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Former Federal Reserve Bank Examiner Mark T. Williams Says Bitcoin May Attack Sovereignty Former Federal Reserve Bank Examiner Mark T. Williams believes that if adopted in its current raw form, Bitcoin has the potential to undermine the longstanding bond between sovereign and its currency . His statement came when he was presenting his views on Bitcoin’s sovereign attack risk at the World Bank Conference.

This though is not a new issue as Bitcoin has long […]

Bank of Canada Says Currently, Bitcoin Does Not Pose a Risk to Stability in Country

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Bank of Canada Says Currently, Bitcoin Does Not Pose a Risk to Stability in Country When a lot of governments are banning Bitcoin as they consider that the digital currency is illegal and may cause instability in their economies, the statement from an official from the Bank of Canada has come that says that it is not a concern at least for now. The top official from the national bank said electronic money does […]

BNP Paribas Research Reveals 5 potential Disruptive Impacts of Cryptocurrencies

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Research analyst of French financial institution BNP Paribas, identifies 5 ways cryptocurrencies could shake up finance and asset servicing, and suggests banks to "invest time and energy to understand how they can best make use of them."

Earlier this week, finance professor and former Federal Reserve Bank examiner Mark T. Williams, pointed out the top-10 risks associated with Bitcoin in a presentation at the World Bank conference. According the Williams, these risks include Bitcoin’s sovereign […]

Bitcoin Analysis: Mid-Week Update Nov 13 (Manipulation?)

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Bitcoin Analysis Note From the Author : Please follow me on Twitter ( @Tone_LLT ) for additional updates to the state of Bitcoin’s price volatility Last Week’s Review

Just a few days ago we concluded with the following:

We remain slightly Bearish long-term though acknowledge that the price may be breaking our descending trend line . Still pretty Bearish intermediate term unless we see prices move back into the US$400 range but we are […]

Global Digital Currency Conversion Summit to Follow G20 in Brisbane

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SHA256 ALGORITHM HASHRATE: 279.2 Ph/s The G20 Summit usually draws protestors by thousands from around the world most of whom are angered at what they see as global economic policies that benefit only a few at the expense of the many.

But this year the Australian Digital Currency Association (ADCCA) seems to be trying to balance that out by hosting a special cryptocurrency-focused event that is scheduled to overlap the G20. The event, held in […]

OpEd: US Senator Ted Cruz Takes Aim At Net Neutrality, And Misses

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Ted Cruz Art by: Jing Jin

Ted Cruz might still be considered a newbie to the United States Congress the splash that he has made in his short time there can only be considered a building tsunami. Cruz has been compared by several media personalities as the 21st Century version of anti-Communist crusader Joe McCarthy from the 1950’s and he led the charge to shut down the US government: Twice. But now the obstructionist […]

Crypto Technology Will Develop New Uses of Potentially Greater Value: Darren Watkins, VIRTUS Data Centres

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In August, London-based VIRTUS Data Centres released a case study on the company’s experience working with ASIC Runner , a supplier of cryptocoin mining hardware.

CoinTelegraph reached out to VIRTUS to discuss the company’s role — and the role of data centers in general — in powering cryptocurrencies through mining, and what VIRTUS’s executives thought about the technology in general. We spoke to Darren Watkins, VIRTUS Data Centres Sales Director.

CoinTelegraph: What is your own […]

“Regulations Will Be Used to Prevent Mainstream Adoption” – Stefan Molyneux

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G+2Pinterest reddit Upvote Downvote 1 point inShare 2Love him or hate him (I frequently do both), philosopher Stefan Molyneux makes an interesting point when he says that while many stand to see incredible lifestyle gains from Bitcoin, others stand to lose. And it’s those who stand to lose who will try to foil Bitcoin at every turn.But, Molyneux says, many in the Bitcoin community are mistakenly seeing the blatant attempts to hamper […]

Russia Lowers Proposed Penalties For Bitcoin Activities

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Russia’s Ministry of Finance has reduced the proposed fines both individual and institutional bitcoin users would potentially face for creating, issuing or promoting digital currencies under a draft bill that seeks to outlaw the use of so-called "money surrogates" like bitcoin.

The updated bill decreases penalties for individuals, who under the latest version would only incur a maximum 50,000 ruble fine (roughly $1,050), down from 60,000 rubles ($1,314) in the previous iteration.

Under the new terms , individuals […]

DocuSign Founder Sees Blockchain Tech Potential in Identity Management

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Nov 10 – Tom Gonser DocuSign Digital signature company DocuSign might have little to do with bitcoin at first glance. The firm’s business is replacing ink signatures on paper with its own electronic version.

But the audience listening to DocuSign founder Tom Gonser at Web Summit in Dublin last week might have been forgiven for thinking they’d stumbled onto a sermon about the benefits of the blockchain.

Gonser ran through the complexities of identity and contract […]

Singapore Event Puts Bitcoin on Mainstream Finance Agenda

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Singapore played host last week to a digital currency-centered conference led by two of its leading financial organizations. At issue were cryptocurrencies’ place in financial industry innovation, and Singapore’s own unique role in developing the ecosystem.

The inaugural CAIA-SKBI Cryptocurrency Conference  on 4th November was significant as it was organized jointly by the Sim Kee Boon Institute (SKBI) for Financial Economics at Singapore Management University (SMU) and the Chartered Alternative Investment Analyst (CAIA) Association – both of which […]

Zennet Decentralized Cloud Network Releases Details of Zencoin Presale

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An initiative that aims to create the world’s largest decentralized public “”supercomputer” has just come out of stealth mode. Zennet is a network that allows anyone to sell their idle computation power and anyone to rent it. Using Zennet’s infrastructure and the Blockchain, people that want to monetize their computation power can connect and trade with people who are looking to access vast swaths of power at free-market prices.

The Zennet initiative is the brainchild […]

laBITconf, a Bitcoin Conference to Be Held in Rio de Janeiro, Brazil on 6-7 December

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Bitcoin in Latin America is not new; however, not many conferences take place in the continent to promote the digital currency and make it popular. However, laBITconf , organized by Bitcoin Argentina which was the very first Latin American Bitcoin conference, is an event that is going to transform the way Bitcoin is being perceived in the continent.

The organizers say that the last year’s event was a huge success. It took place in Buenos […]

Epicenter Bitcoin Ep 51: ‘Everything that can be Decentralized will be Decentralized’ – David A. Johnston

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Epicenter Bitcoin Ep 51: ‘Everything that can be Decentralized will be Decentralized’ – David A. Johnston “If a government isn’t integrating blockchain technology in the next 5 or 10 years, not only will they be obsolete, but their currency will be gone.” – David Johnston In the latest episode of Epicenter Bitcoin , Brian Fabian Crain and Sebastien Couture were joined by David Johnston. David is the Co-founder of BitAngels , a board member […]

Seller Will Accept Only Bitcoin for His $3M Mediterranean Villa

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SHA256 ALGORITHM HASHRATE: 314.2 Ph/s And who can blame him? Three million U.S. dollars’ worth of value stored in anything but cryptocurrency comes with so many hassles.

If it were precious metals, he’d have to pay to have them shipped, stored and guarded. If it were in fiat, he’d have to hope his chosen bank didn’t clean him out with a Cyprus-style “bail-in,” or that government didn’t simply milk him over time with inflation. The […]

The Search for Satoshi

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In his new book, Bitcoin: the Future of Money?, Dominic Frisby looks at bitcoin’s Cypherpunk roots and considers the exciting future that is opening up for blockchain tech. In this excerpt, he is on the search for bitcoin’s creator, Satoshi Nakamoto. One of the first places where Satoshi Nakamoto mentioned bitcoin was at the P2PFoundation.ning.com . When you register there, you have to give your birthdate. Satoshi gave April 5th 1975. There might, at first, seem […]

Dear Online Drug Buyers: Your Problems Are Solved

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G+3Pinterest reddit Upvote Downvote submit inShare 2The early 20th century was a hard time to be an alcohol drinker (read: prohibition ). And 15th century New England was a hard place to be a female atheist (read: Salem Witch Trials ). Similarly, most of the world in the 21st century is a hard place to be a drug user (if you buy from someone other than the […]

Getting Busy at ChangeTip: Everybody’s Pushing the Internet’s Love Button

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SHA256 ALGORITHM HASHRATE: 310.8 Ph/s Late Wednesday/early Thursday, depending where you are in the world, the spirit of generosity hit scores of Bitcoin users seemingly all at once, and handfuls of bits were getting tipped out left and right via ChangeTip .

This started Tuesday, when /u/CeasefireX proposed a Tipping Tuesday on the /r/Bitcoin subreddit.

By Wednesday, someone had created a bitcoin giveaway subreddit called /r/FreeBits, and moderator /u/Simcom started tipping everybody in a big giveaway […]

Mark Wetjen Wants Regulation to Encourage Bitcoin Innovators to Remain in U.S.

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SHA256 ALGORITHM HASHRATE: 310.8 Ph/s On November 4, Mark Wetjen wrote an oped in the Wall Street Journal asking regulators to steer clear of harming Bitcoin. Wetjen is a commissioner on the Commodity Futures Trading Commission (CFTC) and a Democrat.

As reportedinTheHill , he said the goal should be to "lay the groundwork for future innovation" and to "build confidence in consumers currently leery of embracing the new technology." Events such as Mt. Gox, Silk […]

Eléutera Foundation to Make Bitcoin Available to Hondurans

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SHA256 ALGORITHM HASHRATE: 285.3 Ph/s The Eléutera Foundation was formed in Honduras in 2013 and promotes the ideas of classical liberalism, or “social and economic liberty” as the Foundation explains. They announced Tuesday that they’ve partnered with the software developer Mimetic Markets to increase Bitcoin accessibility to residents of Honduras.

Mimetic Markets’ signature product is its application programming interface (API) for trading in cash and futures contracts. The interface also supports prediction markets. The software […]

laBITconf RIO 2014: First World-Class Bitcoin Conference in Brazil

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SHA256 ALGORITHM HASHRATE: 281.8 Ph/s This December 6th & 7th, laBITconf RIO 2014 will not only be the first world-class Bitcoin Conference to be hosted in Brazil, but also the most important conference of the year in Latin America.

CoinTelegraph is proud to announce that it will be the official media sponsor of laBITconf RIO 2014. laBITconf Agenda

This year’s laBITconf RIO 2014 will be building on the success of laBITconf Buenos Aires 2013, which […]

The Eléutera Foundation Partners Mimetic Markets to Provide Bitcoin to Residents of Honduras

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The Eléutera Foundation Partners Mimetic Markets to Provide Bitcoin to Residents of Honduras Understanding the various benefits that Bitcoin can bring for the residents of Honduras, the Eléutera Foundation which was formed in Honduras in 2013 to promote the ideas of classical liberalism, or “social and economic liberty,” has partnered with the software developer Mimetic Markets to increase Bitcoin accessibility.

Now, it looks the residents of Honduras will have access to the digital currency as […]

Gavin Andresen Rejects Bitcoin Centralisation Concerns at Web Summit

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Gavin Andresen Web Summit The Bitcoin Foundation’s chief scientist Gavin Andresen has given his opinions on a variety of issues at this year’s Web Summit – an annual event held in Dublin, Ireland, that attracted more than 20,000 attendees this year.

The summit  has established itself as an important date on the calendars of technology investors, startups and even rock stars, like U2 frontman Bono, who attends regularly.

Andresen gave a wide-ranging interview to the Wall Street Journal […]

Japanese Scholars Draft Proposal for a Better Bitcoin

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A team of Japanese researchers has published a paper with a set of proposals it says would improve bitcoin, effectively creating a hypothetical low-volatility digital currency called ‘improved bitcoin’ (IBC).

The paper, authored by four scholars from various Japanese universities, was published by the  Institute of Economic Research  at Tokyo’s Hitotsubashi University.

The work explores the problem of bitcoin’s instability from an economic viewpoint, suggesting a new monetary policy rule – effectively, monetary policy without a central […]

Texan charged in first bitcoin securities fraud Ponzi case

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NEW YORK (Reuters) – A Texas man who operated Bitcoin Savings and Trust was charged on Thursday with bilking his investors, in what prosecutors called the first federal criminal securities fraud case arising from a bitcoin-related Ponzi scheme.

Trendon Shavers, 32, of McKinney, Texas, was charged with misappropriating about 146,000 of the 764,000 bitcoin, then worth more than $4.5 million, that he raised from September 2011 to September 2012 by promising investors "absurdly high" interest […]

Canadian Bitcoin Company Faces Increased Allegations from FCAA

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SHA256 ALGORITHM HASHRATE: 308 Ph/s Another Bitcoin mining company, this time in Canada, is facing fines from government regulators.

The Dominion Bitcoin Mining Company of Saskatchewan has been under a cease-trade order since May of 2014. The order, issued by the Financial and Consumer Affairs Authority (FCAA) was originally filed because the FCAA accused the company of seeking investors without properly registering their intent. While the original order has since expired without penalty it seems […]

HM Treasury – Digital Currencies: Call for Information

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The  UK Government , through  Her Majesty’s Treasury (HM Treasury) has asked for public feedback to assist in their formation of digital currency regulations.

https://www.gov.uk/government/consultations/digital-currencies-call-for-information

HM Treasury has been aware of the developing Bitcoin space for quite some time, yet  previously (2013) they had agreed to take a “wait and see” approach, allowing businesses in the bitcoin space to develop within the UK without any hindrance. Earlier this year , George Osborne ( Chancellor […]

All About That Bitcoin – by Naomi van der Velde

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[LYRICS BELOW] So I’ve gotten into Bitcoin recently, and decided to write a song about it! Not meant to offend or annoy anyone – just a bit of fun! Thank you to Meghan Trainor’s "All About That Bass" for the melodic inspiration, and thank you to my cameraman & editor extraordinaire, Kevin Lepsoe. Enjoy & share!

Some of you lovely people have suggested that I include by BTC Wallet info 🙂

Xapo Wallet: 17qKFKV3JBQr4yv8Rr2PuhtmEVMKtsYEws Changetip Wallet: […]

Micropayment Processor Optelo Partners With Paymium to Bolster Bitcoin in France

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SHA256 ALGORITHM HASHRATE: 298.2 Ph/s French micropayment solutions provider Optelo partners with Paymium to enable Bitcoin payments.

French Optelo , a subsidiary focusing on micropayment technologies owned by Adverline , announced on November 4, it had partnered up with Bitcoin exchange and payment solutions provider Paymium to allow merchants to receive payments in bitcoins, reads the official announcement .

Optelo CEO Nordine Ouriachi said his company wishes to offer the "most extensive range of payment solutions […]

Ghana Startup Launches Bitcoin Donations Hub to Aid Ebola Fight

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Ebola virus Unable to ignore the Ebola crisis in neighbouring Sierra Leone, Ghana-based remittances service Beam has launched a donations hub to raise funds for charities fighting the outbreak.

Launched on Monday,  Bitcoin Against Ebola is a non-profit initiative that aims to reduce the percentage of charitable donations lost to fees in fiat currency money transfers.

The website will effectively act as a conduit for people in other parts of the world to send donations via bitcoin to two registered NGOs working […]

UK Government Calling for Information on Digital Currencies

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SHA256 ALGORITHM HASHRATE: 324 Ph/s UK’s HM Treasury invites views and evidence on the risks and benefits of digital currencies in a Call for Information.

UK’s economic and finance ministry, the HM Treasury , announced on November 3, it was holding a public Call for Information on digital currencies. The organization will be gathering views and opinions on the advantages and the risks involved in dealing with digital currencies, in order to decide "whether [the […]

Google Deploys BTM at London HQ with Unique Features

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SHA256 ALGORITHM HASHRATE: 286.3 Ph/s Google is behind the latest installation of a Bitcoin ATM in London, it has emerged, with its East London Campus hosting the company’s latest foray into digital currency.

The machine, which is the sixth in the UK capital to allow purchase of BTC with a credit or debit card, is a joint venture between Google and three start-ups Callsign , Wyre and Bitbuddy . The first two are incumbent Campus […]

Coinverse Bucks Brazil’s Speculative Trading Trend With Consumer Bitcoin Solution

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Coinverse has launched a new bitcoin banking platform that aims to bring consumer and merchant bitcoin transactions and bitcoin bill payment to the broader Latin American market.

The Brazil-based startup sees an unmet demand for user-friendly bitcoin solutions, asserting that its domestic competitors are better catered to experienced bitcoin users and speculative traders.

Speaking to CoinDesk, Coinverse financial director Safiri Felix estimated that more than 90% of Brazilians that buy bitcoin view the technology as an investment. As such, […]

Stephanie Murphy on NYC catcalling, Bitcoin, and xenophobia

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The show: http://www.nomadcapitalist.com/radio/
The event: http://www.passporttofreedomevent.com

In what may be his most controversial show ever, Andrew is joined by Let’s Talk Bitcoin host Stephanie Murphy for the full hour to discuss a recent Youtube sensation, the latest news in Bitcoin, the Free State Project, and more.
2:06 Andrew debates Stephanie Murphy on the recent video of a woman being catcalled as she walked around New York City. Andrew believes this is part of […]

In Pattern of BitLicense, the UK Treasury Willing to Bring in Bitcoin Regulations

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In Pattern of BitLicense, the UK Treasury Willing to Bring in Bitcoin Regulations Realizing the importance of regulation for Bitcoin, the UK Treasury is seeking advice from members of the Bitcoin community . Looks like the government agency is inspired by the steps being taken by NYDFS head Ben Lawsky who brought in BitLicense to regulate Bitcoin companies in New York so that consumers’ rights are protected.

Thus, following in the footsteps of regulation practices […]

While Price Falters, Bitcoin’s Institutional Acceptance Grows

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While Price Falters, Bitcoin’s Institutional Acceptance Grows It’s been a lackluster year for the price of bitcoins. In a few days, fans of the fledgling digital currency will come face to face with a reality that few would have thought possible at this point last year: in a one year time-frame, the price of a bitcoin has fallen.

This has been a stunning turn of events for an asset that saw extreme price growth at […]

Greenspan Calls QE ‘A Failure,’ Suggests Gold instead of Bitcoin

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G+2Pinterest1 reddit Upvote Downvote submit inShare 3According to former Federal Reserve Chairman Alan Greenspan, quantitative easing or QE has been a failure.Greenspan served as chairman of the Fed from 1987 until 2006 and his comments about the lack of success were made to the Council on Foreign Relations. While Greenspan was making his remarks to the Council, Federal Reserve officials were meeting in Washington, D. C. with […]

Paypal’s Jean-Baptiste Graftieaux Leaves For Bitstamp

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G+1Pinterest reddit Upvote Downvote submit inShare 2Art by: Jing Jin A major Paypal executive is taking his talents to the Bitcoin industry, leaving payment processing giant Paypal to take a position at Bitstamp. Jean-Baptiste Graftieaux was Paypal’s chief compliance officer (CCO) and will be taking the same position with Bitstamp. As first reported by CoinDesk , Graftieaux worked for Paypal as their COO of their European, African and […]

PayPal Exec Leaves to Take Compliance Lead at Bitstamp

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Jean-Baptiste Graftieaux PayPal chief compliance officer (CCO) Jean-Baptiste Graftieaux has revealed that he has left his current position at the global payments giant to join one of the largest bitcoin exchanges by USD trading volume, Bitstamp.

Graftieaux served as a director and CCO of PayPal ’s Europe, Middle East and Africa (EMEA) division for more than five years, starting in January 2009. Prior to joining PayPal, Graftieaux was also a CCO at online ticket marketplace StubHub . Today […]

Bitcoin-Friendly Accelerator Boost VC Raises $6.6 Million in Funding

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Boost VC announced today that it has closed a $6.6m funding round to accelerate 200 companies over three years, half of which will be focused on bitcoin.

Marc Andreessen , Ben Davenport, former American Online CEO Barry Schuler, Rothenberg Ventures, Maven II, Kilowatt Capital are among those that invested in the fund.

Boost founder and chief Adam Draper told CoinDesk that the fund’s investors are evidence of a trend of quality investors becoming drawn to the […]

UK Treasury Issues ‘Call for Information’ on Digital Currencies

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Westminster shutterstock The UK Treasury has issued a ‘Call for Information’ on digital currencies in order to weigh the risks and benefits offered by the new technology.

The request is intended to provide the government with the information necessary to fully understand digital currencies, as well as to solicit feedback and opinion from all interested parties.

The Call for Information  will be open for one month to allow individuals, businesses and other organisations to submit their comments on a […]

Swarm #1: Rick Falkvinge’s SwarmOps Project

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Swarm #1: Rick Falkvinge’s SwarmOps Project Rick Falkvinge, the author of Swarmwise  (inspiration for Ethereum ) and founder of the Pirate Party , plans on shaking up the world with his new project called SwarmOps, which will be fully presented at the Swarm Demo Day this week on November 5th. Rick Falkvinge is founder of the Pirate Party + SwarmOps and the author of Swarmwise. Ruben Alexander: What motivated you to start the Pirate Party?

Rick […]

The New Frostwire

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Remember FrostWire ( BitTorrent client )? They’ve completely transformed their platform and are integrating Bitcoin into their system.

While at a Bitcoin conference I met Angel Leon, a project lead for FrostWire. Bitcoin, he mentioned to me, has caused a resurgence of excitement in the open-source movement.

Angel is also working hard on the OpenBazaar Project.I asked him some questions about everything from Bitcoin, to FrostWire, and OpenBazaar. Kevin Cruz: How did you come to begin […]

Prezi® Presentation: Ted Talk: Bitcoin. Sweat. Tide. Meet the future of branded c by Grant Soffer

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Title: Ted Talk: Bitcoin. Sweat. Tide. Meet the future of branded c
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Added Regulatory Oversight Wins Unisend New Banking Partner

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Unisend has announced it will once again enable Argentina-based users to fund exchange activities through bank transfers.

The news comes roughly three months after the Argentinian bitcoin exchange abruptly lost its accounts with previous banking partners Banco Santander Rio and Banco Galicia, thereby limiting the company’s service in what isarguably Latin America’s most prominent bitcoin market.

Founder and CTO Pablo Eterson said the announcement was the end result of months of effort by the seven-person company, which has needed […]

Bitcoin Analysis: Week of Nov 2 (Intro to Stochastics)

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Bitcoin Analysis: Week of Nov 2 (Intro to Stochastics) Note From the Author: Please follow me on Twitter ( @Tone_LLT ) for additional updates to the state of Bitcoin’s price volatility Last Week’s Review

In last week’s post we concluded with the following statement:

We are as neutral across the board as can be, with the Long-term chart looking borderline Bearish once again. What looked like a great buying opportunity and continuation of […]

Finance Ministers in 51 Countries Declare Bank Secrecy Act ‘Obsolete’

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Finance Ministers in 51 Countries Declare Bank Secrecy Act ‘Obsolete’ Finance ministers from more than 50 countries recently signed the Multilateral Competent Authority Agreement, with another 30 countries pledging to sign the agreement by 2018. 

The agreement, signed in Berlin, is an effort to end what the US Bank Secrecy Act, which they called “obsolete.” The ministers met for two days in a summit arranged by the Organization for Economic Cooperation and Development (OECD) and […]

Urose 2014 Conference: What We Should Expect From Urocoin

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Urose 2014 Conference: What We Should Expect From Urocoin The Uro Foundation announces the expansion of the URO ecosystem at the Urose 2014 Conference, held in Hong Kong on October 29.

Hosted by Urocoin (URO) initiator and chief development officer Bohan Huang , the Urose 2014 conference started with an introduction of the difficulties faced by emerging countries when deciding to enter the global market. Thus, the initiative behind Urocoin and the Uro ecosystem overall, […]

Butterfly Labs vs. Robogate: A Revealing Case Study in Justice

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G+2Pinterest reddit Upvote Downvote 1 point inShare 1As happens in all brand-spanking-new industries, the first actors who come to market aren’t vetted yet. The vast majority of merchants in the cryptocurrency space don’t have lengthy records of successful service—in fact, most of them haven’t even existed for more than a year or two. The buyers, too, are all relatively new to the digital money marketplace.This combination of […]

Epicenter Bitcoin Ep 49: Meni Rosenfeld on Mining, Blocksize Economics and Bitcoin in Israel

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Epicenter Bitcoin Ep 49: Meni Rosenfeld on Mining, Blocksize Economics and Bitcoin in Israel “I really hope that whatever the best solution to incentivizing miners is, it will eventually make its way into Bitcoin, because I much rather have Bitcoin succeed than some other alt.” – Meni Rosenfeld Building the Israel Community

Building Bitcoin communities is hard work and takes time. No one knows this better than Meni Rosenfeld, whose tireless work in Israel […]

Lamenting on Missed opportunities in Innovative Tech, Overstock CEO Patrick Byrne: ‘That’s Not Going to Happen with Bitcoin’

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SHA256 ALGORITHM HASHRATE: 276.9 Ph/s In a Quarter 3 conference call with investors, CEO of Overstock Patrick Byrne expanded on his plans to team up with Counterparty to create a decentralized stock exchange called Medici . Once developed, Byrne says Medici will be a “tollbooth” between the worlds of traditional finance and crypto finance.

Plans for this project go back to Byrne’s keynote speech at Bitcoin 2014 in Amsterdam, where he first mentioned the possibility […]

Bitcoin 101: Understanding the Real Value of the Blockchain

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SHA256 ALGORITHM HASHRATE: 276.9 Ph/s One of the biggest challenges the Bitcoin community faces is figuring out how to educate people on why this is such a special invention. Part currency, part decentralized public ledger, part payment network, it’s easy to confuse newcomers when they start asking questions about how it all works.

A beautifully animated new video entitled Bitcoin Properly seeks to ease this frustration. The result of a collaboration between designers Patrick Loonstra […]

Bitcoin Can Bring Multiple Benefits for Users Believes the UK Minister

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Bitcoin Can Bring Multiple Benefits for Users Believes the UK Minister Ed Vaizey, the U.K.’s minister for the Digital Economy believes that as Bitcoin can bring a lot of benefits for users admits that the government is still looking at the tech. According to him he sees potential for e-payments to bring multiple benefits to consumers and businesses; however, there are some inhibitions as well with respect to digital currencies.

He says that an uncertain and globally […]

Bitcoin Foundation’s New Head Patrick Murck Outlines Future Plans

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Patrick Murck The Bitcoin Foundation’s new executive director Patrick Murck has outlined his priorities for the organization’s "new direction" and its relationship with stakeholders.

His statement follows yesterday’s  resignation of former executive director Jon Matonis both from the post and his position on foundation’s board.

Notably, former general counsel Murck acknowledged a need to repair the foundation’s relationship with the bitcoin community, even if that meant sometimes adopting unpopular or controversial positions on some issues, and taking risks […]

What New FinCEN Guidance Means for US Bitcoin Companies

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Faisal Khan is a payments consultant and digital money evangelist. He is the co-host of Around the Coin , a weekly podcast on banking, money and payments, and is also the resident payments expert on Quora. 

This article, which originally appeared on Faisalkhan.com , has been republished here with permission from the author.  US Treasury On October 27, 2014, the Financial Crimes Enforcement Network (FinCEN) released new guidance for custodial bitcoin exchanges and payment processors, ruling […]

Australian Government May Soon Auction $9 Million in Silk Road Bitcoins

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The bitcoin community could soon see another high-profile auction of bitcoins confiscated from users of the now-defunct online black market Silk Road.

Australian law enforcement officials are now in possession of 24,500 bitcoins ( worth $9.4m at press time ) following the conviction of their original owner, 32-year-old Warrandyte native Richard Pollard. Pollard was given an 11-year prison sentence today after pleading guilty to commercial drug trafficking, according to The Sydney Morning Herald .

Judge Paul […]

Digital Revolution in the Granite State

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New Hampshire – the first colony to sever ties from Great Britain – is once again leading the revolution. Along with its centuries-long “Live Free or Die” culture, New Hampshire is becoming a Mecca for digital currency enthusiasts. In just the last few years, Bitcoin experts and entrepreneurs have been eagerly coming to New Hampshire to spread their message. Many Bitcoin users are members of the Free State Project : a cooperative organization encouraging […]

Bitcoin Exchange Kraken Starts Serving Its Clients in Japan

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Bitcoin Exchange Kraken Starts Serving Its Clients in Japan

Bitcoin Exchange Kraken Starts Serving Its Clients in Japan The owners of Bitcoin exchange Kraken say that their organization has started its services in Japan to serve the nation’s large number of active traders and finance professionals. In an official announcement the company says that the strength of Kraken’s security and engineering team, as well as its high trade volumes and reputation for compliance will make is a success.

This is going to be tough […]

Let’s Foxtrot: Interview with BitPay CEO Stephen Pair & Executive Chairman Tony Gallippi

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Let’s Foxtrot: Interview with BitPay CEO Stephen Pair & Executive Chairman Tony Gallippi

Let’s Foxtrot: Interview with BitPay CEO Stephen Pair & Executive Chairman Tony Gallippi Facebook

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G+2Pinterest1 reddit Upvote Downvote 1 point inShare 3BitPay’s CEO Stephen Pair recently announced an innovative new program that could very well change the way the internet works on several levels. The new program , called Foxtrot, was designed to give internet users the security and privacy offered by the Bitcoin blockchain technology in everything they do online. While the […]

Is the Bitcoin ATM the Future of Money?

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Is the Bitcoin ATM the Future of Money?

.

Are these Bitcoin ATMs really the future of money? Mike Piri of Bitcoin Agents and MyLocalBitcoinATM.com thinks so.

"We put it in these places because […] people pass by them every day, they see it, maybe they’ll become curious, maybe they’ll buy ten dollars," says Piri, who installed a Bitcoin ATM at HandleBar in downtown Austin, TX.Bitcoin is a decentralized digital currency that can be used online or wherever Bitcoin is accepted. Users can add […]

The Mixed Fortunes of Bitcoin in Australia

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G+1Pinterest reddit Upvote Downvote submit inShare 1While even the Bitcoin Foundation seems to be skeptical of increasing Bitcoin merchant diversity, an existing start-up has come forward to deliver some unadulterated good news on the Bitcoin ecosystem.The US Bitcoin scene is palpably strained following increased FinCEN regulations on money transmission, but the picture elsewhere, as painted by Coinarch , is apparently a lot rosier – even a cause […]

US Senator: Dark Market Fight Requires More Funding

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US Senator: Dark Market Fight Requires More Funding

US Senator Charles Schumer (D-NY) has called for a crackdown on the dark web following reports that illicit marketplaces are thriving even after the government shutdown of Silk Road.

In an open letter addressed to Attorney General Eric Holder and published by Schumer’s office on 27th October, the senator pledged to both secure additional funding for anti-dark web activities and continue pressing for increased oversight of technologies that facilitate such activities. The letter cited the […]

Small Australian City Plans for a Big Bitcoin Economy

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Small Australian City Plans for a Big Bitcoin Economy

Launceston Tasmania A plan to build the "world’s largest" local bitcoin-based economy is underway in the city of Launceston, Australia, with support from local businesses and even government.

Project organizers say the compact Tasmanian city  with a population of 106,000 will make a good high-density testing ground for bitcoin. The plan is aimed to cover various levels of the business supply chain, allowing users to both receive and spend their bitcoins, rather than simply converting them to Australian […]

Argentina’s Stock Exchange Hosts VCs and Finance Pros for Bitcoin Roundtable

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Argentina's Stock Exchange Hosts VCs and Finance Pros for Bitcoin Roundtable

Encuentro Argentino de Capital de Riesgo The Buenos Aires Stock Exchange played host to the Argentine Venture Capital Meeting yesterday, an annual presentation and networking event meant to connect Argentina’s financial markets and venture capital industries.

The event was free for attendees and planned by financial social network  Puerto Finanzas  in collaboration with Buenos Aires-based VC fund  Primary Ventures and the Buenos Aires Stock Exchange , the organisation responsible for the operation of the country’s […]

Bitcoin Gambling Site SatoshiBet No Longer Accepting US Customers

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Bitcoin Gambling Site SatoshiBet No Longer Accepting US Customers

Popular bitcoin gambling site SatoshiBet has announced that it will now restrict US customers from accessing its platform.

In its announcement posted on Reddit, SatoshiBet  cited both the uncertain future of online gambling regulation in the US and future legal problems that could result from servicing American customers.

The move comes amid a tightening legal environment for companies that offer bitcoin-denominated gaming and gambling. Last month, a move by the Spanish government to deem bitcoin an […]

Bitcoin Exchange Kraken Launches in Japan

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Bitcoin Exchange Kraken Launches in Japan

Japanese city at night Bitcoin exchange Kraken will launch in Japan today, aiming itself at the nation’s large number of active traders and finance professionals.

In its announcement, the company highlighted the strength of Kraken’s security and engineering team, as well as its high trade volumes and reputation for compliance.

Gaining public trust is a high priority for any bitcoin business planning to establish a Japanese base, given the local media’s tendency to highlight the digital currency’s […]

Report: Millennials and the Wealthy Most Likely to Use Bitcoin

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Report: Millennials and the Wealthy Most Likely to Use Bitcoin

Man with phone A new study suggests that ‘millennials’ and more affluent consumers see the most promise in digital currencies like bitcoin. The research further suggests that these groups could be the driving force behind mainstream adoption of the digital currency in the future.

Data from technology research firm Accenture collected insights into the digital payment preferences of more than 4,000 US citizens, and found that while only 8% of participants currently use digital currency, 18% foresee using […]

Bitcoin In The Trenches of A Global Economic Warfare

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Bitcoin In The Trenches of A Global Economic Warfare

There’s a vicious, global economic war raging and its outcome will be determinative for the destiny of humanity, and necessarily, also for Bitcoin.

That sounds melodramatic, but it’s true.

You don’t have to take my word for it. Warren Buffett, multi-billionaire and fourth richest man in the world, recently stated: “ Through the tax code, there has been class warfare waged, and my class has won. It’s been a rout. ” The economic warfare is positively […]

Is the Bitcoin ATM the Future of Money?

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Is the Bitcoin ATM the Future of Money?

.

Are these Bitcoin ATMs really the future of money? Mike Piri of Bitcoin Agents and MyLocalBitcoinATM.com thinks so.

"We put it in these places because […] people pass by them every day, they see it, maybe they’ll become curious, maybe they’ll buy ten dollars," says Piri, who installed a Bitcoin ATM at HandleBar in downtown Austin, TX.Bitcoin is a decentralized digital currency that can be used online or wherever Bitcoin is accepted. Users can add […]

IRS Seizes Assets on Suspicion Only: Bitcoin could be Next

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IRS Seizes Assets on Suspicion Only: Bitcoin could be Next

IRS Seizes Assets on Suspicion Only: Bitcoin could be Next When the Reagan Administration declared its “War on Drugs” during the 1980’s, one of their first methods of attack was to go after the huge sums of money generated by the criminal cartels, a tactic that proved extremely effective against the Columbian cartels.

The law, known as “civil asset forfeiture” was structured to not only track deposits made by suspected criminals but to seize them […]

FinCEN’s New Bitcoin Guidelines Actually a Good News

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FinCEN’s New Bitcoin Guidelines Actually a Good News

FinCEN’s New Bitcoin Guidelines Actually a Good News ForexMinute.com – The Financial Crimes Enforcement Network (FInCEN) released new Bitcoin guidelines for Bitcoin exchanges and payment processing companies in the US. The additional rulings stated that such organizations are subjected to fall under the category of money service businesses.

According to the US law, a Money Services Business includes any individual or companies which provides services such as currency dealing or exchange; check cashing; issuing/selling/redeeming of […]

Bitcoin Analysis: Week of Oct 26 (Intro to RSI)

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Bitcoin Analysis: Week of Oct 26 (Intro to RSI)

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G+1Pinterest reddit Upvote Downvote submit inShare 2 Note from the Author: Please follow me on Twitter ( @Tone_LLT ) for additional updates to the state of Bitcoin’s price volatility Last Week’s Review In last week’s post we concluded with the following statement: Our overall stance is now Long-Term Slightly Bullish, Intermediate-Term can now be considered Bullish, and Short-Term is also Bullish. Regular readers will recall how a […]

Poland’s InPay Lets Crowdfunders Buy Equity With Bitcoin

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Poland’s InPay Lets Crowdfunders Buy Equity With Bitcoin

Poland-based bitcoin payment solutions provider InPay S.A. has launched an equity crowdfunding campaign that makes it possible to buy company stock with bitcoin.

The public offering claims to have secured the approval of Poland’s Financial Supervision Authority ( KNF ), the country’s equivalent of the US Securities and Exchange Commission (SEC), which makes it a unique project in the Polish digital currency industry, according to company representatives.

The initiative was launched on Poland-based equity crowdfunding site Beesfund.com , where potential investors […]

FinCEN Rules Bitcoin Payment Processors, Exchanges are Money Transmitters

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FinCEN Rules Bitcoin Payment Processors, Exchanges are Money Transmitters

The Financial Crimes Enforcement Network (FinCEN) has released new guidance for custodial bitcoin exchanges and payment processors, ruling that such companies may be considered money services businesses under US law.

In a response to twin letters submitted in late 2013, the chief US money laundering and terrorist financing regulator explained that bitcoin exchanges  may be money transmitters, even if they only match buyers and sellers on their platform. Further, the letters suggest this is true, […]

Andreas auction of ten trillion dollars… for charity!

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Andreas auction of ten trillion dollars… for charity!

Andreas auction of ten trillion dollars… for charity! Between the efforts of Jason King and Andreas Antonopoulos, Coins in the Kingdom might secure it’s place as the most charitable Bitcoin conference of the year. At the end of the first day of the conference, Andreas Antonopoulos was approached by Chris DeRose for a signature on a unique piece of numismatic history: a Ten Trillion Dollar Zimbabwe Reserve Note. After the bill signing, Andreas was asked […]

Bitcoin Why Richard Branson, Bill Gates Support the Currency

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Bitcoin Why Richard Branson, Bill Gates Support the Currency

The Bitcoin Phenomenon
A Worldwide Digital Currency that is decentralized and not controlled
by any government or institution.
Bitcoin is sent using the Internet directly from person to person with no bank or intermediary
Bitcoin is a Fast, Safe and Anonymous way to send money Anyone can set up a Bitcoin account (No Qualifications)No Fees, No Chargebacks and No Borders Bitcoin is the FUTURE of MONEY! To JOIN: http://www.BitClubPro.com Mike […]

“I Would Fight to Make Sure that the Bitcoin Sector Would Stay Unregulated” – Libertarian Candidate, Will Hammer

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“I Would Fight to Make Sure that the Bitcoin Sector Would Stay Unregulated” - Libertarian Candidate, Will Hammer

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G+5Pinterest1 reddit Upvote Downvote 15 points inShare 3 Will Hammer is the Libertarian candidate for the United States House of Representatives from the Commonwealth of Virginia’s Sixth District. The 27 year old candidate is running against incumbent Bob Goodlatte , an extremely conservative Republican.Hammer was able to gather the required signatures to win the Libertarian Party’s nomination in June. Until that point Goodlatte was running unopposed. Hammer […]

Epicenter Bitcoin Ep 47, College Crypto: “We Don’t Have to Deal With Banks Anymore”

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Epicenter Bitcoin Ep 47, College Crypto: “We Don’t Have to Deal With Banks Anymore”

SHA256 ALGORITHM HASHRATE: 276 Ph/s "Young people are so integrated with the Internet […] to introduce a currency that exists only online really makes sense for young people like us." CoinTelegraph partners with Epicenter Bitcoin

CoinTelegraph is proud to announce its partnership with Epicenter Bitcoin . Starting today, we will give you a weekly break down of the latest EB episode so you’re always up to date on the latest technologies, projects and […]

The Bitfilm Festival

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The Bitfilm Festival

Aaron, your project, the Bitfilm Festival , sounds really interesting.  Can you tell me why you started this project?

The Bitfilm Festival started in 2000 as a festival about 3D animation and digital effects, then expanded to show films made for mobile screens, films made with computer games or real time demos. So the name “Bitfilm” is much older than “Bitcoin”, it just stands for digital film. We have been organising the festival for […]

Bit Con? Veteran fraud expert sets his sights on bitcoin

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Bit Con? Veteran fraud expert sets his sights on bitcoin

Author Jeffrey Robinson argues that the bitcoin movement will end in tears for the little guy.

Jeffrey Robinson has made a name for himself investigating fraud on the grandest scales.

His books on international money laundering and the pharmaceutical industry pulled back the curtain on the nefarious behavior of some in the banking and pharmaceuticals industries. Now, he is turning his attention to bitcoin, with a new polemic called Bit Con: The Naked Truth […]

Bitcoin Gaining a Foothold in Brazil

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Bitcoin Gaining a Foothold in Brazil

SHA256 ALGORITHM HASHRATE: 291.3 Ph/s Many things that can be said about Brazil, but income equality is not one of them. The recent troubles during the World Cup demonstrated that the great majority of the population has been anything but happy at the government’s (mis)management of the country’s money. The good news is, however, that Bitcoin is making a strong attempt to fill the gap left by Brazil’s Central Bank.

In January of 2014 Brazil’s […]

MIT Computer Scientists Can Predict the Price of Bitcoin

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MIT Computer Scientists Can Predict the Price of Bitcoin

SHA256 ALGORITHM HASHRATE: 270.1 Ph/s Two computer scientists from MIT claim to have developed a “machine learning algorithm” that can potentially be used to predict the price of Bitcoin.

Stock Market analysis software tools are nothing new to savvy investors. There are in fact dozens of excellent tools online and some of them are even free. It is no surprise that someone thought to apply many of the same principles to Bitcoin, especially considering […]

Digital Currency Summit Andorra: Bitcoin in the banking nation

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Digital Currency Summit Andorra: Bitcoin in the banking nation

Last September 17th to 19th, the Digital Currency Summit was celebrated in Andorra, the small country placed three hours away from Barcelona; it was a three day debate forum which treated topics like the use and importance of cryptocurrencies for banks, governments, investors and general public. In order to achieve that goal there were organised conferences and debates around four threads: “Introduction to Digital Currencies,” “Investment opportunities,” “Regulation: laws and taxes,” and “Financial and […]

Is Bitcoin the Red Pill? Unplugging the Matrix.

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Is Bitcoin the Red Pill? Unplugging the Matrix.

Is Bitcoin the Red Pill? Unplugging the Matrix. The premier decentralized digital currency Bitcoin has gained widespread mainstream attention over the last year. While many are embracing this new peer-to-peer payment system, others have voiced strong suspicion and offer stinging criticism. The divergence of opinion surrounding Bitcoin is a predictable pattern that happens with any major innovation.

Silicon Valley tech entrepreneur and author Andreas Antonopoulos said , “Bitcoin and crypto-currencies in general don’t fit any […]

Mercator Report Finds Conflicting Bitcoin Regulation Harmful to Industry

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Mercator Report Finds Conflicting Bitcoin Regulation Harmful to Industry

Mercator Advisory Group has published a research note on global bitcoin regulation, making it the latest established name in the financial industry to release a report on bitcoin.

The note, titled ‘ Global Digital Currency Regulations: Divergent Paths ‘, examined trends in digital currency regulation and concluded that industry development is currently hampered by a lack of regulatory consistency.

“The global payments industry has been taken aback by the rise of the new payment technology represented by bitcoin […]

Ecuador’s National Digital Currency Experiment Explained

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Ecuador’s National Digital Currency Experiment Explained

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G+3Pinterest reddit Upvote Downvote 1 point inShare 2The tiny South American nation of Ecuador has begun its experiment with virtual currencies. The government announced earlier this year that they would be creating a government backed virtual currency in as a way to shore up a sagging economy that is currently being buoyed up by the US dollar.CoinTelegraph reached out to Luis Núñez of the Ecuadorian Bitcoin […]

An Interview with Roger Gabriel of bitINKA

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An Interview with Roger Gabriel of bitINKA

An Interview with Roger Gabriel of bitINKA Roger Gabriel has four years of experience working in a financial division of IBM in Argentina and 5 years working on e-commerce businesses. He is launching a Bitcoin trading platform that is easy enough for anyone in South America to use.

Ruben Alexander: How did you get started with Bitcoin?

Roger Gabriel: On bitcoin itself around July of last year, I read a lot about the […]

Bitcoin Regulation In Japan

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Bitcoin Regulation In Japan

Different governments have taken different stances on Bitcoin. For example, Bangladesh has outlawed it and Germany considers it “private money.”

Within the US, different states have different standpoints, as each state possesses respective laws.

Japan has decided to take an interesting stance on it.Mt Gox, which was based in Japan, went bankrupt in February 2014, reportedly losing some 850,000 bitcoins (332,100,000 USD as of today).  This was the first time most Japanese people heard about Bitcoin. […]

NY Law Panel: Bitcoin Won’t Get Banking Without Compliance

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NY Law Panel: Bitcoin Won't Get Banking Without Compliance

On Tuesday morning, the New York Law School hosted the Bitcoin Law conference, drawing entrepreneurs and enthusiasts from the New York City bitcoin community, as well as many of its own aspiring lawyers.

The event was moderated and largely organized by Houman Shadab, a law professor and director of the school’s Center for Business and Financial Law.

Shadab has researched bitcoin and cryptocurrencies extensively, as well as hedge funds, derivatives, securitization and commercial transactions. Earlier this month […]

Coinbase, Paypal, Bitcoin, Bit License, ApplePay, Hong Kong, and Hoverboards

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Coinbase, Paypal, Bitcoin, Bit License, ApplePay, Hong Kong, and Hoverboards

Donate: https://blockchain.info/address/1LAYu…
Subscribe: http://patreon.com/madbitcoins
Sponsor: http://MadBitcoins.com

October 21th, 2014 — Fort Worth, Texas — MadBitcoins cereal! Golden flakes, crispy Bitcoins’s.. one bite and you’re gonna be eatin’ with A team that’s teaming up with MadBitcoins — I pity the fool who doesn’t eat his Mad Bits.Special Thanks to Bitcoin Donors 0.015, 0.00256, 0.005, 0.00999999, 0.001855, 0.0027 and subscriber 0.1! We’d also like to thank our Change Tippers Dave, M3metic, waxwing, Prash, Kdorksy, […]

Bitcoin: US’ Next Unwinnable War? (Op-Ed)

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Bitcoin: US’ Next Unwinnable War? (Op-Ed)

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G+2Pinterest reddit Upvote Downvote 1 point inShare 2 Will Hammer is the Libertarian Party candidate for the 6th Congressional district in Virginia . He is currently running against an 11 term incumbent Republican with no Democrat in the race. Will hopes to bring another voice to the discussions in Washington and represent the ever growing group of Americans identifying as independents as well as the views […]

INTERMARKET ANALYSIS: Where Bitcoin Fits In

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INTERMARKET ANALYSIS: Where Bitcoin Fits In

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G+1Pinterest reddit Upvote Downvote submit inShare 1 [Editor’s note: the charts included in the article below represent 50, 100, 200 daily and weekly moving averages] This is part of a larger presentation I did at Coinagenda . See the complete slides here . I encourage everyone to quickly go through the slide deck to check the pulse of the global economy. The macro environment looks like one of […]

Bitcoin Foundation Plans New Nomination Process Before Elections

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Bitcoin Foundation Plans New Nomination Process Before Elections

The Bitcoin Foundation has announced updates to its corporate governance structure, including stricter rules concerning terms for board members and suggestions for a new nomination process for elections.

According to a blog post , the new elections are part of the Foundation ‘s efforts to "instate a corporate governance structure that ensures consistency, stability and accurate representation of our membership for years to come."

Two of the Foundation’s most prominent personalities will face re-election by members to their […]

Patrick Byrne: Bitcoin Will Immensely Disrupt Financial Industry

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Patrick Byrne: Bitcoin Will Immensely Disrupt Financial Industry

Jason Burack of Wall St for Main St had on American entrepreneur, e-commerce pioneer, CEO and chairman of Overstock.com and Bitcoin entrepreneur, Patrick Byrne.

Patrick has been called the "Most Hated Man on Wall Street" and he has been a voice of truth for reform against corruption in government and on Wall Street for over a decade.

Patrick’s full and impressive bio can be found here: http://en.wikipedia.org/wiki/Patrick_… Patrick also founded the award winning website Deep Capture […]

Coinbase Co-Founder Tours Europe in International Expansion Bid

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Coinbase Co-Founder Tours Europe in International Expansion Bid

Brian Armstrong at Techcrunch Disrupt London Coinbase, one of the most visible companies in the bitcoin space, is making a strong bid to expand in Europe as it attempts to grow in new markets outside the US for the first time.

In recent weeks, Coinbase has opened its service to residents of 18 European countries, including bitcoin hotspots like the Netherlands, France and Sweden. The company also sent its founders, Brian Armstrong and Fred Ehrsam, […]

Why 20 Bitcoin Companies Are Backing a New Deal for Digital Identity

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Why 20 Bitcoin Companies Are Backing a New Deal for Digital Identity

Open Mustard Seed, ID3 To members of more than 20 digital currency companies, the broad increase in financial access the industry hopes to achieve is currently being impeded by issues that go beyond finance and technology to defining transparency and identity in the digital age.

Expanding access to financial services through not just digital currency, but new systems that allow businesses to establish trust and lower the cost of financial services, lies at the heart […]

The 12 Best Answers from Gavin Andresen’s Reddit AMA

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The 12 Best Answers from Gavin Andresen's Reddit AMA

Bitcoin Core developer Gavin Andresen took to Reddit today to engage the community in an ask-me-anything (AMA) session that tackled a variety of topics both silly and serious.

In his post kicking off the session, the 47-year-old chief scientist at the Bitcoin Foundation detailed his contributions to the bitcoin space so far.

These included the nine Bitcoin Improvement Protocols (BIPS) he has written, including multi-signature transaction support and the Payment Protocol, plus the thousands of lines of code […]

Bitcoin is Not Backed by Anything (And That’s OK!)

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Bitcoin is Not Backed by Anything (And That’s OK!)

Bitcoin is Not Backed by Anything (And That’s OK!) Whenever you hear, “That currency is not backed by anything!,” it’s almost always meant as criticism. Hard-money enthusiasts are quick to point out the horrible track record of fiat currency. Nearly without fail, currencies “backed by nothing” get heavily devalued through inflation, and they often collapse within decades.

The best solution, so far, has been to tie currency to a commodity whose supply can not be […]

Encrypted Chat Apps: Which is Best?

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Encrypted Chat Apps: Which is Best?

It’s been said that sending an email is like sending a postcard—you should assume that it’s viewable by many others. While this is true, it’s only true because trusted third parties—that is, the email providers—have been discovered to either be viewing message contents themselves, or revealing them to additional third parties (e.g. governments or advertisers). It’s a classic result of the “problem of trust.”

For those of us who value privacy (and privacy isn’t just […]

Coinfloor Willing to Launch Bitcoin Fund and Trade in Wider Range of Currencies

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Coinfloor Willing to Launch Bitcoin Fund and Trade in Wider Range of Currencies

Coinfloor Willing to Launch Bitcoin Fund and Trade in Wider Range of Currencies In an announcement Coinfloor, the London-based Bitcoin exchange , has said that it is opening up to a wider range of currencies. The company further elaborated that it will also raise money from its investors to launch a Bitcoin fund next month which according to it will take the company’s value up to £8m.

The company says that thought it is not […]

BTC.sx partners with itBit in large-scale Asian expansion plan

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BTC.sx partners with itBit in large-scale Asian expansion plan

BTC.sx partners with itBit in large-scale Asian expansion plan UK-based BTC.sx , the world’s first Bitcoin-only trading platform, has announced its partnership and integration with itBit exchange to significantly increase its presence in Asia.

itBit, which has locations in Singapore and New York, will initially work to introduce its BTC-USD currency pair as well as additional liquidity to BTC.sx. Further partnership activities and enhancements are planned following the successful completion of the first phase.

“We plan […]

Bitcoin Analysis: Week of Oct 19 (Intro to MACD)

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Bitcoin Analysis: Week of Oct 19 (Intro to MACD)

Bitcoin Analysis: Week of Oct 19 (Intro to MACD) [Author’s note: Please follow me on Twitter ( @Tone_LLT ) for additional updates to the state of Bitcoin’s price volatility] Last Week’s Review

In last week’s post we concluded with the following statement: “Our overall stance is now Long-Term Neutral (still have the issue of not enough new users), Intermediate-Term very slightly Bearish with lots of good signs, and Short-Term Bullish. The ideal situation is […]

Bitstamp: Unverified Bitcoin Accounts at Risk as Deadline Looms

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Bitstamp: Unverified Bitcoin Accounts at Risk as Deadline Looms

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G+3Pinterest1 reddit Upvote Downvote 1 point inShare 3Bitstamp, one of the largest exchanges in the world that deals with US dollars, is taking the customer ID verification requirement very seriously and has warned its users to complete the process or face potential seizure of their assets by the US government.Slovenia-based BitStamp has notified certain users that if they fail to verify their accounts […]

Bitcoin Payments Company Bitnet Raises $14MM Funding Round

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Bitcoin Payments Company Bitnet Raises $14MM Funding Round

Bitcoin Payments Company Bitnet Raises $14MM Funding Round Not even a year old, San Francisco Bitcoin payment processing platform Bitnet announced on October20th that it had closed a Series A funding round worth US$14 million.

The funding round was led by Highland Capital Partners , a global venture capital firm whose investments include Malwarebytes and fashion startup Rent The Runway. Existing investors also participated in the funding round, one of which is Japanese retail giant Rakuten , […]

Bitcoin… We Are All The Blockchain

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Bitcoin… We Are All The Blockchain

Bitcoin… we are all the blockchain

Since the first great jump in Bitcoin’s exchange rate in early April 2013, speculative trade has stolen the limelight as the main Bitcoin story. Tweets of “To the moon!” echo like a rallying cry, selling what amounts to a collective vision statement. But what’s the vision? A respected VC assures us it’s “still headed to 10k” as if Bitcoin was a prize thoroughbred being written down by the […]

Millions of Dollars Worth of Bitcoin Reportedly Seized in Australian Drug Bust

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Millions of Dollars Worth of Bitcoin Reportedly Seized in Australian Drug Bust

Millions of Dollars Worth of Bitcoin Reportedly Seized in Australian Drug Bust Australian newspaper  The Age  this week reported that  millions of dollars worth of bitcoin has been seized in a drug bust spearheaded by Victorian authorities.

Said report indicates that the Director of Public Prosecutions “obtained a restraining order” on the bitcoins from the suspected drug traffickers’ wallet some time in 2012-2013. This information came from the office’s most recent annual report presented on Tuesday in state […]

Levine on Wall Street: Dark Pool Problems and Spreadsheet Errors

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Levine on Wall Street: Dark Pool Problems and Spreadsheet Errors

News Roundup

Stocks.

It’s just not a good look for a trading venue to turn away orders because volume and volatility are too high. When volume and volatility are too high, that’s exactly when you want to trade!1 But Goldman, Credit Suisse, and UBS "told some clients to temporarily stop sending orders" to their respective dark pools yesterday as volume surged, and "a U.S. stock exchange run by Bats Global Markets Inc. had […]

On track: Bitnation CEO Rides Out Storm to Focus on Future

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On track: Bitnation CEO Rides Out Storm to Focus on Future

On track: Bitnation CEO Rides Out Storm to Focus on Future Facebook

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G+1Pinterest reddit Upvote Downvote submit inShare 2Blockchain governance system Bitnation came under the spotlight this week when its crowdsale was unexpectedly postponed. Its vending partner, concerned about a negative reaction from Australian policy makers, withdrew the day of the launch. Additional internal conflicts cast further doubt over the future of the project as a whole, and CoinTelegraph reached out to managerial […]

Russian Yandex Forgot Bitcoin Exchange Rate

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Russian Yandex Forgot Bitcoin Exchange Rate Russian Deputy Finance Minister Aleksey Moiseev informed a reporter that the Russian government would be banning Bitcoin within one year. That was in September, only a month ago, and it seems that they are moving forward much more rapidly. The Russian news blog, bitmakler.com , announced on October 5th that the Finance ministry has proposed a fine of up to 1 million rubles for the “production and use […]

Cryptocurrency Trading News: Market Running Out of Steam

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Cryptocurrency Trading News: Market Running Out of Steam

Cryptocurrency Trading News: Market Running Out of Steam ForexMinute.com – There can never be a better explanation in the ways cryptocurrency market react. A two-week bullish hangover seems to be ending on a disruptive note, if one looks at the last 24 hours. Almost every top cryptocurrency, whether it is Bitcoin or the following altcoins – all are seeming to be nipped by the market’s bear claws.

Nothing particular can be found on the internet […]

Crowdfunding Platform Swarm Announces First Class of Startups

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Crowdfunding Platform Swarm Announces First Class of Startups

Decentralized crowdfunding startup Swarm has announced the first class of businesses that will feature on its bitcoin-powered platform.

The crowdfunding platform’s application process saw a number of groups submit applications, with a select few advancing to the video presentation stage. Entrepreneurs hoping to take part in the initiative pitched their projects, all emphasizing the importance of decentralized innovation.

The company now says that five companies and organizations comprise its first class: Manna  – a developer of smart personal drone networks […]

Why Brazil’s Bitcoin Market is Struggling to Ignite

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Why Brazil’s Bitcoin Market is Struggling to Ignite

For better or worse, the story of bitcoin in Brazil begins with Leandro César Marciano.

An IT consultant from Belo Horizonte, Marciano founded and later sold the country’s largest bitcoin exchange Mercado Bitcoin following an alleged security breach, and launched Bitcoin Rain, an investment scheme suspended by the government and later likened to the infamous US ponzi scheme, Bitcoin Savings & Trust . Informal estimates suggest the ventures resulted in the loss of 4,000 BTC […]

BitStamp to Handle Over Unverified Accounts to the Government

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BitStamp to Handle Over Unverified Accounts to the Government

BitStamp to Handle Over Unverified Accounts to the Government ForexMinute.com – BitStamp recently issued a statement regarding the “unverified” nature of its customers’ accounts. The Bitcoin exchange said it is liable to handle those dark accounts to the government, if not verified within 28 days from the date of announcement.

Almost over a year ago, the Slovenia-based UK-registered exchange revived its policies in the wake of growing regulatory pressures. The object was to do business, […]

Bitcoin: A Network of Peace for the Islamic State

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Bitcoin: A Network of Peace for the Islamic State

Bitcoin: A Network of Peace for the Islamic State As long as we have had something to believe in, there has been mass manipulation. As long as we have had finite resources, there has been war. As long as there has been war, we have had the dream of peace.

There is only one thing separating dreams from reality:

Action.Rarely do we meditate, as a community deeply involved in Bitcoin, on the impact we can have […]

Japanese Exchange BitFlyer Raises $236k in Growth Funding

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Japanese Exchange BitFlyer Raises $236k in Growth Funding

Japanese yen Tokyo-based bitcoin exchange bitFlyer has raised $236,000 in investment that the firm says will be used to fund additional services, as well as expansion outside Japan.

BitFlyer previously raised  $1.6m in July  with the goal of becoming the leading player in the country’s expanding bitcoin market.

Notably, the latest funding was provided by Barry Silbert ’s  Bitcoin Opportunity Corp  (BOC), which has invested in a large number of bitcoin startups including Coinbase , Circle , BitPay , Safello  and others. […]

Bitstamp: Unverified Bitcoin Accounts at Risk of Government Seizure

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Bitstamp: Unverified Bitcoin Accounts at Risk of Government Seizure

Bitstamp announced today that select users who fail to verify their accounts within the next 28 days risk having their balances forfeited to regulatory authorities.

One of the largest bitcoin exchanges in terms of daily USD trading volume, Bitstamp stated that all users who fail to go through its account verification process will be deemed to have violated its terms of services and be subject to the related penalties.

In statements to the press, the company […]

A (Working!) Web Broadcast from Space: Interview with Outernet

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Thane Richard of Outernet is chatting with me while in a coffee shop (on the anonymous peer-to-peer chat platform Talky ). His car is being repaired at the mechanic next door—ah, the woes of the terrestrial world!

Thane, what is Outernet?

I think we should start by saying that there’s a pretty big problem—gap, disparity, whatever you want to call it—in the world right now, that not a lot of people are aware […]

Bitcoin Software Developers Do Not Need ‘BitLicense’

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Bitcoin Software Developers Do Not Need ‘BitLicense’

Bitcoin Software Developers Do Not Need ‘BitLicense’ The New York “BitLicense” proposal is most certainly controversial at the very least. There are of course many people who feel that Bitcoin should not be regulated at all and others who feel that current financial regulations can just as easily be applied to virtual currencies. But while this proposal covers merchant reporting requirements, one question still remains to be answered: Will Bitcoin software developers be required […]

Coinbase Hires Former Senate Advisor to Head Its Government Affairs Department

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Coinbase Hires Former Senate Advisor to Head Its Government Affairs Department

Coinbase Hires Former Senate Advisor to Head Its Government Affairs Department In a statement released Monday, Coinbase announced it had hired a DC veteran to “engage and educate public officials on regulatory and compliance issues related to Bitcoin.”

John Collins, who has served as campaign manager for a US senator and as an advisor on the US Senate Committee on Homeland Security and Governmental Affairs, will join Coinbase as the company’s head of government affairs.

“From […]

Family-Owned Shot Bar Testing the Frontiers of Bitcoin Acceptance in Latvia

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Family-Owned Shot Bar Testing the Frontiers of Bitcoin Acceptance in Latvia

Family-Owned Shot Bar Testing the Frontiers of Bitcoin Acceptance in Latvia Facebook18

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G+Pinterest reddit Upvote Downvote submit inShare 2 SPOT Kafe is the kind of bar for which Riga is famous among Erasmus students and backpackers. Its menu of shots is a page long, it has a karaoke night on Wednesdays, and there is a special reserved sign for the local Couchsurfing group.But it’s the other sign on the bar top that had […]

Dorian Nakamoto Launches Legal Fund to Refute Newsweek Claims

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Dorian Nakamoto Launches Legal Fund to Refute Newsweek Claims

A campaign has been launched to fund legal action against Newsweek on behalf of Dorian Nakamoto, the California man the magazine claimed was the inventor of bitcoin back in March.

The campaign has set up a website called newsweeklied.com , a twitter account and a bitcoin address for donations to the ‘Dorian Nakamoto Legal Defense Fund’, which can also be donated to with credit or debit cards. Dorian Nakamoto campaign The case is being handled by Los Angeles […]

How Bitcoin’s Block Chain Could Stop History Being Rewritten

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How Bitcoin’s Block Chain Could Stop History Being Rewritten

Bitcoin and Revolutionary Journalism Despite the recent drop in bitcoin’s price, cryptocurrency startups are now attracting more investment than ever and stories about major developments in the bitcoin ecosystem are being picked up by mainstream media on a regular basis.

The New York Times   reported  the news that popular bitcoin wallet provider  Blockchain  had raised $30.5m in financing. Last week,  Time   published  an article titled How Bitcoin Can Save Journalism and the Arts , exploring bitcoin’s micropayment capability for […]

Former Senate Adviser Joins Coinbase Team

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Former Senate Adviser Joins Coinbase Team

Former Senate Adviser Joins Coinbase Team Story Highlights

Coinbase hires John Collins

Collins was a former Senate Adviser Related Articles FinCEN Ruling Does Not Classify Bitcoin Mining as Money Services Business 0 Comments 28.Dec Miami’s North American Bitcoin Conference Full Schedule Released 0 Comments 21.Jan Bitcoin Shows Up on Google Trends List 0 Comments 19.Nov The  New York Times reports that San Francisco-based Coinbase has a new addition to their team […]

Indysci Founder Isaac Yonemoto: ‘I Was Presented with a Once-in-a-Lifetime Opportunity to Develop a Drug without Patents’

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Indysci Founder Isaac Yonemoto: ‘I Was Presented with a Once-in-a-Lifetime Opportunity to Develop a Drug without Patents’

Indysci Founder Isaac Yonemoto: ‘I Was Presented with a Once-in-a-Lifetime Opportunity to Develop a Drug without Patents’ As we reported last week, Indysci is a new project funds open-source scientific projects that anyone can look at, modify, or use. The first project on the agenda, dubbed Project Marilyn, will pour donations into research for a patent-less cure for cancer.

The organization accepts Bitcoin, and if they receive enough Bitcoin donations, they will name an anticancer […]

Founding Shareholders Pay Shares in Bitcoin in the Isle of Man

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Founding Shareholders Pay Shares in Bitcoin in the Isle of Man

Founding Shareholders Pay Shares in Bitcoin in the Isle of Man Newly incorporated Isle of Man Bitcoin company Garigus Limited, announces founding shareholders paid their shares in Bitcoin, an element qualified as a key milestone in the development of the island’s Bitcoin industry.

Garigus Limited’s four founding shareholders announced on October 11 they had paid their shares in Bitcoin, according to the official press release. The founders’ funds are now held in a BIP32 Hierarchical […]

JP Morgan, Bankers: Bitcoin Can Only Compete if it ‘Conforms to Regulations’

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JP Morgan, Bankers: Bitcoin Can Only Compete if it ‘Conforms to Regulations’

JP Morgan, Bankers: Bitcoin Can Only Compete if it ‘Conforms to Regulations’ If comments from JPMorgan’s CEO are any indication, the financial giant considers Bitcoin a competitor — and it plans to compete.

Bitcoin developers “are going to try and eat our lunch,” JPMorgan Chase Chairman and Chief Exectutive James Dimon said, at the Institute of International Finance annual meeting, as reported by Institutional Investor . “And that’s fine. That’s called competition, and we’ll be […]

Former Senate Aide Joins Coinbase as US Government Liaison

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Former Senate Aide Joins Coinbase as US Government Liaison

Bitcoin services provider Coinbase has hired an in-house liaison to US policy makers who are drafting digital currency legislation.

John Collins joins the San Francisco-based company as Head of Government Affairs in Washington, DC. He previously worked as a senior advisor to the Senate Homeland Security and Government Affairs Committee, which almost a year ago held the first congressional hearing on digital currency.

Today’s announcement by Coinbase calls attention to the increasing need for more open and […]

Bitcoin Group SLLG Helping Fight against Ebola

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Bitcoin Group SLLG Helping Fight against Ebola

Bitcoin Group SLLG Helping Fight against Ebola When the whole world is coming together to fight against Ebola, Bitcoin is not far behind in the pursuit. The latest name in the list is a group of entrepreneurs promoting Bitcoin in western Africa. They are called the Sierra Leone Liberty Group or SLLG who is reminding that they are doing their bit to fight against deadly Ebola.

Though SLLG was formed to promote free enterprise and […]

Sierra Leone Group Continues Bitcoin Drive to Fight Ebola

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Sierra Leone Group Continues Bitcoin Drive to Fight Ebola

Sierra Leone Liberty Group at a local hospital A group of entrepreneurs promoting bitcoin in western Africa has reminded the world of the dire situation it faces as its daily fight to stop the spread of Ebola continues.

The Sierra Leone Liberty Group (SLLG), initially formed to promote free enterprise and libertarian ideals as the path to prosperity in the country, has continued to promote its message despite the frequent need to jump in and […]

Libra Launches LibraTax Product, Raises $500,000 in Seed Funding

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Libra Launches LibraTax Product, Raises $500,000 in Seed Funding

Libra Launches LibraTax Product, Raises $500,000 in Seed Funding Libra is officially launching their first product today, LibraTax , which aims to be an all-in-one solution for individuals and businesses looking to simplify tax obligations when it comes to digital currencies.

Up until now, LibraTax has been in beta, and the service provides users tools to be in compliance with Internal Revenue Service (IRS) requirements, and also from governments around the world.

Also of interest, LibraTax […]

Bitstash Announces 3-tier Maximum Security Hardware Wallet

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Bitstash Announces 3-tier Maximum Security Hardware Wallet

Bitstash Announces 3-tier Maximum Security Hardware Wallet Kickstarter is shortly to host the campaign for a unique Bitcoin innovation: a 3-tier wallet system called Bitstash .

Perhaps the most eyebrow-raising product to appear on a crowdfunding site for a while, Bitstash “uses entropy created by atmospheric noise” to create three types of wallet, each with a specific purpose. The campaign is due to launch October 22, and will feature the opportunity to preorder Bitstash along […]

Strict State Control Over Currency Turning Venezuelans to Bitcoin

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Strict State Control Over Currency Turning Venezuelans to Bitcoin

Strict State Control Over Currency Turning Venezuelans to Bitcoin In Venezuela, the State’s strict monetary control makes it a real challenge for locals to obtain dollars, or make a simple purchase on the Internet. To overcome this difficulty, Venezuelans are turning to Bitcoin for practical reasons, but also to manifest their discontentment towards the system.

Many experts have already discussed the potential of digital currencies in Latin America. In fact, CoinDesk’s new Bitcoin Market Potential […]

Philippine Government Bill Could Pave Way for Bitcoin-Backed Money

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A member of the House of Representatives of the Philippines has introduced a bill that would seek to create a government-backed “e-peso” that would serve as an official medium of exchange for domestic online payments.

Introduced as part of the E-Peso Act of 2014, the payments tool would be considered legal tender for debt, taxes and goods and services, according to a report by The Philippine Star .

Most notable for the bitcoin industry is that the […]

Russia’s Startups Seek Refuge Abroad in Face of Bitcoin Ban

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Due to Russia’s status as the ninth-largest economy in the world, its rising interest in non-cash transactions and its evolving payments ecosystem, the country has unsurprisingly been a market of interest for the bitcoin community, both domestically and internationally.

However ripe for disruption the Russian market might be because of these factors, though, the country’s parliament may soon cast the deciding vote as to whether bitcoin will play any role in country’s ongoing payments upheaval.

On […]

Serbia’s Bitcoin Community Pledges Response to Central Bank Warning

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National Bank of Serbia The National Bank of Serbia (NBS) issued its first statements on bitcoin earlier this month, echoing familiar warnings issued by central banks around the global.

Citing statements from the European Banking Authority, the NBS confirmed that bitcoin is not considered legal tender under the country’s laws, that banks and licensed exchange dealers are prohibited from transacting in bitcoin and that consumers who choose to use digital currency do so at their […]

Isle of Man’s Labour Party Gets Squeamish Over the Whole ‘Digital Cash’ Thing

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Manx news outlet The Isle of Man Today reported Thursday that the Manx Labour Party has called for the island’s Department of Economic Development to conduct a risk assessment of cryptocurrencies, which apparently are giving Labour a cause for concern.

Bitcoin, the party said, is “the payment of choice on the Dark Web,” according to the story.

Here is the full text of the statement from Manx Labor press officer David Carter: “The government must give […]