Archive for the politics 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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‘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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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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Bitcoin, not gold, has the Midas touch

Bitcoin, not gold, has the Midas touch

27 Nov 2013 / Market Watch – It’s an alternative to paper currencies. It can be traded anywhere in the world. It has a limited supply. And it should be a secure haven if financial markets start to crash. That is a fairly accurate description of gold.

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Here’s who (probably) did that massive $150,000,000 Bitcoin transaction

Here’s who (probably) did that massive $150,000,000 Bitcoin transaction

25 Nov 2013 / Washington Post – One of the unique things about Bitcoin is that every transaction on its network is publicly available for anyone to examine. Any time a user sends a payment to another user, that transaction is reflected in the “blockchain,” a global,

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In Bitcoin’s Orbit: Rival Virtual Currencies Vie for Acceptance

In Bitcoin’s Orbit: Rival Virtual Currencies Vie for Acceptance

25 Nov 2013 / NYT – For many people, bitcoin seems like something from the day after tomorrow. For Lawrence Blankenship, it’s already a thing of the past. A software engineer from Springfield, Mo., Mr. Blankenship is putting his money on PeerCoin, one of the biggest of

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