Archive for the finance Category

Vicco to consider paying police chief in Bitcoin

Vicco to consider paying police chief in Bitcoin

30 Nov 2013 / Logan Banner – VICCO – The city commission in Vicco is set to consider whether to begin paying the police chief’s salary in the virtual currency Bitcoin. Chief Tony Vaughn made the request during the commission’s regular meeting last week, explaining under his

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Bitcoin campaign donations have regulators scratching heads

Bitcoin campaign donations have regulators scratching heads

30 Nov 2013 / LA Times – WASHINGTON — On the website for Jim Fulner’s U.S. Senate campaign, 34 letters and numbers appear in a string above the “Donate Now!” button. They are the code for his campaign’s bitcoin wallet, where holders of the so-called digital currency

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Bitcoin payments with a simple tap? Multi-purpose nio Card gets added functionality

Bitcoin payments with a simple tap? Multi-purpose nio Card gets added functionality

Nov 29 2013 / GigaOM – Bitcoin may be riding high, but spending it is still hardly an intuitive process. A new device called the nio Card, currently in Kickstarter mode, may provide an answer by allowing contactless Bitcoin payments — and because it has built-in NFC,

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Bitcoin bubbles but will it burst?

Bitcoin bubbles but will it burst?

Nov 29 2013 / RT – After more than quadrupling in one month, many question whether bubble trouble is looming for bitcoin. Like it or loathe it, bitcoin is an entity of extremes. Not merely its value oscillations but also the vehemence with which its acolytes support

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‘Cryptocurrency’ on the rise: Bitcoin tops $1K

'Cryptocurrency' on the rise: Bitcoin tops $1K

29 Nov 2013 / USA Today – The value of the so-called cryptocurrency surged above $1,000 as it becomes easier to use as a way to pay and easier to access for investors looking for an alternative to gold. One Bitcoin was briefly worth $1,073 on Wednesday,

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Bitcoin under pressure

Bitcoin under pressure

29 Nov 2013 / Economist – Virtual currency: It is mathematically elegant, increasingly popular and highly controversial. Bitcoin’s success is putting it under growing strain. ALL currencies involve some measure of consensual hallucination, but Bitcoin, a virtual monetary system, involves more than most. It is a peer-to-peer

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Bitcoin, you have a China problem

Bitcoin, you have a China problem

27 Nov 2013 / PandoDaily – By all metrics and accounts, bitcoin’s popularity is exploding across the People’s Republic of China. It now boasts the world’s most active bitcoin exchange, BTC China, the greatest number of bitcoin mining nodes, the highest number of bitcoin wallet downloads, and

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Ask Dr. Bitcoin: How to avoid scams, a basic guide

Ask Dr. Bitcoin: How to avoid scams, a basic guide

27 Nov 2013 / SiliconANGLE – We at SiliconANGLE have been following the Bitcoin market and community for a while now and with each jump in valuation and press cycle comes new blood rushing in like a tide. As a result of new people entering the scene

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Bitcoin value passes $1,000 for first time ever

27 Nov 2013 / RT – Bitcoin, the digital ‘crypto-currency’ has passed the $1,000 mark for the first time in history, marking a growth of some 4,000% since the beginning of the year. The milestone was recorded by Tokyo-based Mt Gox bitcoin exchange on Wednesday. The unregulated

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Bitcoin—the world’s best boost to a brand?

Bitcoin—the world's best boost to a brand?

27 Nov 2013 / CNBC – The debate may continue to rage over whether bitcoin is a viable alternative to the dollar or just another Ponzi scheme, but there’s no denying of its ability to boost a brand’s awareness. Billionaire entrepreneur Sir Richard Branson announced on CNBC’s

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