Online Cash Bitcoin Could Challenge Governments, Banks

lotuseclat79 · Mar 31, 2014

Op-ed: The legality of virtual currency.

Attorney and former IRS-man explains 3 major regulations facing Bitcoin.
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-- Tom

lotuseclat79 · Mar 31, 2014

Bitcoin Has Been Getting Creamed.

-- Tom

lotuseclat79 · Apr 4, 2014

Bitcoin ATM goes to Capitol Hill, lawmakers invited to demo next week.

Robocoin wants to educate Congress about the magic of cryptocurrency.
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-- Tom

lotuseclat79 · Apr 5, 2014

Unofficial Apple iOS Store to Allow Bitcoin Wallet Apps.

-- Tom

lotuseclat79 · Apr 10, 2014

Download Certified Bitcoins (PDF) at: http://cryptome.org/2014/04/bitcoins-certified.pdf

-- Tom

lotuseclat79 · Apr 15, 2014

Bitcoin is a Tax Nightmare, But LibraTax Has Got You Covered.

-- Tom

lotuseclat79 · Apr 16, 2014

Mt. Gox headed for bankruptcy, not rehabilitation.

-- Tom

siljaline · Apr 16, 2014

China gets first bitcoin ATM, skirting bank crackdown

lotuseclat79 · Apr 16, 2014

Bitcoin hacks and thefts: The underlying reason.

-- Tom

lotuseclat79 · Apr 19, 2014

Bitcoin 2.0: Unleash The Sidechains.

Related: Bitcoin Core Developers Weigh in on Side Chain Proposal.

-- Tom

lotuseclat79 · Apr 20, 2014

I analyzed more than a million bitcoin tweets. Here’s what that looks like.

Summary: In an effort to get a grip on how global a phenomenon bitcoin really is, I acquired data on more than 1.3 million tweets, spanning the month of February, about the crypto-currency. Here’s a breakdown of who’s tweeting, where and what they’re sharing.
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-- Tom

lotuseclat79 · Apr 22, 2014

Digging for answers: The “strong smell” of fraud from one Bitcoin miner maker.

A Butterfly Labs exec loses a probation hearing, but details from the case are worse.
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-- Tom

lotuseclat79 · Apr 23, 2014

Don't Leave Bitcoin to the Libertarians! Why the Progressive Movement Needs Open Source Money.

Movements for economic justice and equality are rarely flush with cash. But "cryptocurrencies" like Bitcoin might stand to change the rules in their favor.
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-- Tom

mirimir · Apr 23, 2014

Don't Leave Bitcoin to the Libertarians! Why the Progressive Movement Needs Open Source Money.
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Some of us are social anarchocapitalists

siljaline · Apr 23, 2014

Iowa State Hacked–To Mine Bitcoins

It’s an odd week these days when there isn’t a data breach at some university or college. These institutions are prime targets for attackers for several reasons, not the least of which are their open network environments and databases bulging with personal information. But now attackers are looking at college networks for another reason: computing power for Bitcoin mining.

Officials at Iowa State University said Tuesday that the personal data of nearly 30,000 alumni, including Social Security numbers, was compromised during a data breach. University officials did not specify when the breach occurred but said that it was first discovered on Feb. 28.[...]
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http://threatpost.com/iowa-state-hacked-to-mine-bitcoins/105650

lotuseclat79 · Apr 26, 2014

The World’s First Bitcoin Debit Card Is Almost Here.

Xapo, a company that offers online bitcoin wallets, says it’s two months away from introducing the first debit card that will let you spend your bitcoins at any place that takes Visa or MasterCard.
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-- Tom

siljaline · Apr 28, 2014

Yelp now lists businesses that accept Bitcoin

On Yelp, people can find out business hours, location, delivery service, user ratings, and more. And now, they can get one more dose of information: Bitcoin payments.
The company announced Monday that it has started listing whether or not businesses accept Bitcoin. The Bitcoin information is listed under what forms of payments a business takes, such as credit cards or cash-only.[...]
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http://www.cnet.com/news/yelp-now-lists-businesses-that-accept-bitcoin/

lotuseclat79 · Apr 29, 2014

MIT Students Plan Campus-Wide Bitcoin Distribution.

Two MIT students have raised half a million dollars for a project to distribute $100 in bitcoin to every undergraduate student at MIT this fall.
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-- Tom

lotuseclat79 · Apr 30, 2014

‘Dark Wallet’ Is About to Make Bitcoin Money Laundering Easier Than Ever.

Government regulators around the world have spent the last year scrambling to prevent bitcoin from becoming the currency of choice for money launderers and black marketeers. Now their worst fears may be about to materialize in a single piece of software.
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-- Tom

lotuseclat79 · Apr 30, 2014

Five Economies That Could Actually Use Bitcoin.

The world's biggest cryptocurrency still needs to prove it can be a currency. Its instability makes it nothing like dollars and euros as a store of value. Since the start of the year, its value has declined more than copper, the Russian stock market, and the Nikkei. Bitcoin is also really hard to transact in because the exchanges where you buy bitcoins haven't just been unreliable; the biggest one collapsed with a lot of its users' money.

But that could be changing. As a fee-free platform for exchanging and storing and spending money, Bitcoin has a lot of potential in some volatile economies: because bitcoins don't rely on a middleman and aren't controlled by a central bank, they can bypass banking restrictions; because they're digital, they obviate the high fees, typically around 12 percent, that are often tacked on remittances from overseas and which a recent report says are "hurting the African diaspora."
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-- Tom

lotuseclat79 · May 1, 2014

In Bitcoin Debate, Larry Summers Sides with the History of Change.

Larry Summers has a warning for bitcoin’s naysayers: ignore change at your own peril.[/url]

-- Tom
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siljaline · May 6, 2014

Dominion Bitcoin Mining hit with cease-trade order

A Saskatchewan company involved in the electronic currency bitcoin has been issued a cease-trade order for possible violation of the province's securities laws.
On Tuesday, the province's Financial and Consumer Affairs Authority said it had issued the order against Dominion Bitcoin Mining Company.
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http://www.cbc.ca/news/canada/saska...n-mining-hit-with-cease-trade-order-1.2633904

siljaline · May 7, 2014

Be careful about investing in bitcoin, SEC warns

Consumer protection agencies are getting worried about cryptocurrencies. The US Securities and Exchange Commission (SEC) issued an investor alert today warning about the risks of investing in bitcoin and other virtual currencies such as Peercoin, Dogecoin, and Minacoin.
This is actually the SEC's second cryptocurrency-related alert. The first was issued last summer after the agency prosecuted a man for running a pyramid scheme in the virtual currency. Meanwhile, the Financial Industry Regulatory Authority (FINRA) recently issued a similar alert, while the North American Securities Administrators Association (NASAA) added virtual currencies to its list of top 10 investor threats for 2013.
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http://www.theverge.com/2014/5/7/5691716/be-careful-about-investing-in-bitcoin-sec-warns

lotuseclat79 · May 9, 2014

Bitcoin mining startup fires half its staff, declares “we’re not scammers”.

“HashFast is solvent—I just went over the numbers with our CFO."
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-- Tom

lotuseclat79 · May 9, 2014

Bitcoin wins US election panel's approval for political donations.

Federal regulator finds the cryptocurrency qualifies as "money or something of value" but imposes restriction on its use.
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-- Tom

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