Archive for the finance Category

The Currency Revolution, Courtesy of Bitcoin

The Currency Revolution, Courtesy of Bitcoin

23 May 2014 / Money News – Just as cryptography is planting the seeds of a revolution in payment systems, bitcoin and other cryptocurrencies are planting the seeds of a revolution in currency. First, there are three main characteristics of a currency: 1) it can be used

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Lighthouse Is A Crowdfunding Platform Built On Top Of Bitcoin

Lighthouse Is A Crowdfunding Platform Built On Top Of Bitcoin

23 May 2014 / Tech Crunch – Meet Lighthouse, a bitcoin-powered app to create and manage your own crowdfunding campaign on your computer. Bitcoin core developer Mike Hearn showcased the app at the Bitcoin 2014 conference in Amsterdam. And Lighthouse is a great example of how you

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Bitcoin startup runs your miner for less than you might pay for electricity

Bitcoin startup runs your miner for less than you might pay for electricity

22 May 2014 / ARSTechnica – There are at least a couple of problems for anybody who wants to run a Bitcoin miner in their home, especially if you buy hardware that’s powerful enough to make some money.

“Miners don’t make very good roommates,”

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Robocoin, first Bitcoin ATM in a casino, launches at The D

Robocoin, first Bitcoin ATM in a casino, launches at The D

22 May 2014 / Review Journal – A tall blue box tucked in the rear of The D casino in downtown Las Vegas could soon shake up the gambling industry. That’s the hope of Derek Stevens and Jordan Kelley, who met Wednesday on the casino floor as

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‘Bitcoin Pizza Day’: Why 2 Pies Are Now Worth $5 Million

'Bitcoin Pizza Day': Why 2 Pies Are Now Worth $5 Million

22 May 2014 / ABC News – Who knew buying a hungry guy pizza could make you a millionaire? The first Bitcoin transaction, according to Internet lore, was for two Papa John’s pizzas delivered to a guy in Florida named Laszlo Hanyecz, who ponied up 10,000 bitcoin

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Euro Pacific Precious Metals Now Accepts Bitcoin

 Euro Pacific Precious Metals Now Accepts Bitcoin

21 May 2014 / EuroPac Blog – We are excited to announce that through a new partnership with BitPay, we now accept bitcoin payments! We are the largest precious metals dealer in the world to do so. Speak with one of our Precious Metals Specialists today for

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Marc Andreessen: In 20 years, we’ll talk about Bitcoin like we talk about the Internet today

Marc Andreessen: In 20 years, we’ll talk about Bitcoin like we talk about the Internet today

21 May 2014 / Washington Post – The investor and Web browser pioneer Marc Andreessen thinks we’ll all look back in 20 years and conclude that Bitcoin was as influential a platform for innovation as the Internet itself was. He says that tech companies think their meetings

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Bitcoin used to buy $500,000 Kansas home

Bitcoin used to buy $500,000 Kansas home

21 May 2014 / OLATHE, KS (KCTV) –

A new form of online currency is being used to buy nearly everything – including a $500,000 home in Olathe.

When Josh Zerlan went looking for a new home, he originally didn’t think about using a bitcoin to buy it.

“It’s like the internet in 1994. Nobody knew what to do with it, but they knew it was pretty cool,” he said. “This seemed like a good test of how far the currency has come.”

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Bitcoin Now Accepted by Soccer’s Earthquakes in Pro Sports First

Bitcoin Now Accepted by Soccer’s Earthquakes in Pro Sports First

19 May 2014 / Bloomberg – Fans of the San Jose Earthquakes beginning May 25 can pay for tickets, merchandise and concessions with Bitcoin, making the Major League Soccer team the first professional sports franchise to accept the virtual currency inside its stadium. “In the spirit of

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Kiwi bitcoin shop open for business

Kiwi bitcoin shop open for business

19 May 2014 / Stuff – Local Bitcoin users can now use their crypto-currency savings to buy pork rinds and deodorant from New Zealand’s first dedicated digital currency store. Bitcoin is a virtual currency which operates independently of any government or central bank, with a limited number

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