03 Dec 2013 / Newsday – Bitcoin’s popularity continues to soar as Swedish design company LELO is set to launch one of the world’s most unique employee incentive schemes yet. Fueled by the decision to accept Bitcoin as payment for purchases of items from their LUXE range
Read more →03 Dec 2013 / Forbes – There are several reasons for giving it higher visibility; most recently I’ve noticed that China Telecom CHA -1.26%, a Chinese state-owned enterprise (SOE) is accepting bill payments in Bitcoin. Here are some of the reasons: China’s economy is too slanted to
Read more →03 Dec 2013 / Forbes – Via Marginal Revolution we find the page of Bitcoin statistics. And there we are told that mining bitcoins currently consumes some $15 million’s worth of electricity each day. Which is, when you come to think about it, really a rather astonishing
Read more →03 Dec 2013 / MSNBC – The astronomical rise in the value of bitcoin—which has surged more than 8,000 percent over the course of 2013—has created a new breed of digital currency multimillionaires. The 34-year-old Roger Ver began investing in bitcoins in early 2011—and made his first
Read more →03 Dec 2013 / Bloomberg – BTC China, the nation’s largest Bitcoin exchange, has had low-level discussions with regulators seeking recognition of the digital currency that would allow it to be used to buy goods and services in the country. The company has sought to discuss Bitcoin
Read more →03 Dec 2013 / Barron’s – Among other facets, we believe Bitcoin and its associated technology represent a potentially game-changing disruption to our covered payments companies. We see the intrinsic value of Bitcoin as the conduit in a new global crowd-funded open-source payment network. We observe three
Read more →03 Dec 2013 / Washington Post – On Sunday, Business Insider’s Joe Weisenthal admitted he was rethinking his former view that Bitcoin was a “currency for clowns.” But Matt Yglesias still isn’t convinced that Bitcoin is anything special: Bitcoins are more portable than either suitcases full of
Read more →02 Dec 2013 / Reddit / By Erik Voorhees – An Open Letter to Peter Schiff A follow-up to the discussion on the Peter Schiff Show, December 2, 2013 (this has been emailed to Peter just now) Dear Peter, It was a privilege and an honor to
Read more →02 Dec 2013 / Ren Gazzette-Journal – An online travel agency in Los Angeles and a European private university have begun accepting payments in the popular virtual currency known as Bitcoin, a sign that businesses are moving into a new global economic era. CheapAir.com, an online travel
Read more →02 Dec 2013 / ATLANTA–(BUSINESS WIRE)–BitPay, the world’s leading merchant processor for virtual currencies, announces that in November it processed a record 55,288 bitcoin merchant transactions, representing a 165% increase from October. Strong activity from KNC Miner, Gyft, and Amagi Metals led the increase. “No merchant service
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