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Why Isn’t Bitcoin Interesting To Leading Economists?

Why Isn't Bitcoin Interesting To Leading Economists?

18 Nov 2013 / Forbes – I’ve fielded variants of this question from non-economists many times. I always respond with the same question: What does Bitcoin have to teach us about the economy?  From a practitioner’s point of view, Bitcoin is small change. The total value of all

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Bitcoin Goes to Washington: Monday’s Hearing Is Just the Beginning

Bitcoin Goes to Washington: Monday’s Hearing Is Just the Beginning

18 Nov 2013 / Time.com – The first congressional hearing on how to regulate virtual currencies will take place on Monday afternoon before the Senate Homeland Security and Governmental Affairs Committee. Called “Beyond Silk Road: Potential Risks, Threats and Promises of Virtual Currencies,” the hearing comes six weeks after

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How to Buy a Bitcoin

How to Buy a Bitcoin

17 Nov 2013 / Motley Fool – Bitcoin’s meteoric rise is like something that few have seen in their lives, if ever. Just a few years ago, it was a tiny community interested in a new way to send money online. That tightly woven, tech-savvy community has grown

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Watch the world’s currencies flow into BTC in realtime

Watch the world's currencies flow into BTC in realtime

17 Nov 2013 / fiatleak.com – This is a fantastic website that illustrates a live feed of  the world’s currencies into Bitcoin. Warning: this is addicting to watch. Data from MT.GOX, BITSTAMP, BTCChina, BTC-E, Bit2c Each trade results in a bitcoin being sent from the currency counter

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Is Bitcoin Really Going to $1 Million?

Is Bitcoin Really Going to $1 Million?

16 Nov 2013 / Motley Fool – If I’d once told you intangible coins would be the biggest gainers in 2013, you’d call me nuts. But as we head toward 2014, Bitcoin has already put up 3,311% returns. In the midst of a bull market in Bitcoin,

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US has Already Ceded Dominance in Bitcoin Trading

US has Already Ceded Dominance in Bitcoin Trading

16 Nov 2013 / Coindesk – Expertise and dominance in a particular industry sector doesn’t come about by decree. It is achieved over years through repeated practice and creative experimentation. During the first three-and-a-half years of bitcoin’s development from 2009 to 2012, a large portion of that

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Riding Bitcoin’s digital roller coaster

Riding Bitcoin's digital roller coaster

16 Nov 2013 / OC Register – Scott Nguyen emerges from a salon chair at Splitends Salon in downtown Santa Ana to pay for his freshly cut hair. For the past 20 years, the Laguna Hills resident has gotten the same trim every three or four weeks

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Bitcoin Companies and Entrepreneurs Can’t Get Bank Accounts

Bitcoin Companies and Entrepreneurs Can't Get Bank Accounts

15 Nove 2013 / Forbes – In the first week of July, Jay Shore got bad news. U.S. Bank and Chase informed him they were closing the accounts for his company, Coinabul, a San Diego-based precious metals buyer that sells silver and gold for Bitcoin. They didn’t

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These Guys Generated $3 Million In Four Days From The Bitcoin Craze

These Guys Generated $3 Million In Four Days From The Bitcoin Craze

15 Nov 2013 / Business Insider – Say what you want about the long-term viability of Bitcoin, the digital currency that’s been going crazy lately. Bitcoin has been incredibly lucrative for Sam Cole, Marcus Erlandsson and Andreas Kennemar. Because of Bitcoin, they generated $3 million in revenue in

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