Archive for the politics Category

What the Heck Is a Bitcoin Anyway?

What the Heck Is a Bitcoin Anyway?

04 Apr 2014 / Entrepreneur – Q: My customers are asking to pay with Bitcoin. How does it work? A: It’s easy. On the surface, Bitcoin–a peer-to-peer payment system and digital currency not tied to any government–appears to be a financial breath of fresh air for small

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Bitcoin Could Strengthen The World Economy If Washington Doesn’t Destroy It

Bitcoin Could Strengthen The World Economy If Washington Doesn't Destroy It

03 Apr 2014 / Forbes – “You can avoid reality, but you cannot avoid the consequences of avoiding reality.” Ayn Rand Sometimes our greatest strengths are also our greatest weaknesses.  In the case of Bitcoin, the decentralized nature of the network plays to both sides, creating great

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Mr. Bitcoin Goes To Washington

Mr. Bitcoin Goes To Washington

02 Apr 2014 / Tech Crunch – Congressman Jared Polis is scheduled to deliver remarks at an event for bitcoin ATM company Robocoin at the United States Capitol where they will demonstrate their hardware. While companies visiting with congress is nothing new, the wild, wooly world of

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Vietnam’s first Bitcoin exchange to open in April

Vietnam’s first Bitcoin exchange to open in April

02 Apr 2014 / Thanh Nien News – A company Wednesday announced the launch of Vietnam’s first Bitcoin exchange in late April though the central bank has ruled out recognition for the digital money. Bitcoin Vietnam said it would open a floor called VBTC with Israeli partner

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Noted value investor Bill Miller owns bitcoin

Noted value investor Bill Miller owns bitcoin

28 Mar 2014 / CNBC – Prominent value investor Bill Miller on Thursday said he is investing in bitcoin. “The thing about bitcoin that is so interesting is the addressable market here,” said Miller, former chairman of Legg Mason Capital, on CNBC’s Closing Bell. “Gold alone has an $8 trillion market value, bitcoin has about a $7 billion market value, so if it’s only 10 percent as successful as gold you get 100 times your money.”

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Bitcoin 2.0 Shows Technology Evolving Beyond Use as Money

Bitcoin 2.0 Shows Technology Evolving Beyond Use as Money

28 Mar 2014 / Bloomberg – Bitcoin isn’t just for buying and selling cupcakes and cameras anymore. A crop of entrepreneurs, backed by investors such as Andreessen Horowitz and BitAngels, are betting that the technology behind the virtual currency can be used for a range of financial

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Now you can use Bitcoin to buy a smart rifle

Now you can use Bitcoin to buy a smart rifle

27 Mar 2014 / CNN Money – Austin, Texas-based gun maker TrackingPoint announced Thursday that it’s accepting Bitcoin for its smartscope rifles, which allow novices to accurately shoot targets at 1,000 yards. Bitcoin is a digital currency that’s gaining popularity for being independent of any government —

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Facebook identities on bitcoin wallets could get bitcoin to the mass market

Facebook identities on bitcoin wallets could get bitcoin to the mass market

27 Mar 2014 / Marketwatch – Chamath Palihapitiya, a venture capitalist and former executive at Facebook Inc., has a lofty vision for bitcoin that doesn’t leave any room for the political ideals or anonymity that characterized its early stages. “Bitcoin, if it works, is a disruptive tool

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A Better Way to Buy Bitcoin?

A Better Way to Buy Bitcoin?

26 Mar 2014 / The New Yorker – When Zach and Josh Harvey opened a guitar store in Tel Aviv, in 2006, they only sold instruments made by musicians who viewed the pieces as works of art. To the brothers, who were twenty-six and thirty-two at the

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Bitcoin goes national with Scotcoin and Auroracoin

Bitcoin goes national with Scotcoin and Auroracoin

25 Mar 2014 / The Guardian – The promise of bitcoin is a universal currency free from the control of any nation or government. But a new generation of cryptocurrencies are focusing on the opposite goal: building money to solve problems specific to one country. On midnight

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