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Venture Capitalist Tim Draper Wins Bitcoin Auction

Venture Capitalist Tim Draper Wins Bitcoin Auction

02 July 2014 / New York Times – The venture capitalist Tim Draper was the sole winning bidder of the nearly 30,000 Bitcoins auctioned on Friday by the United States Marshals Service, several people close to the auction said on Wednesday. Avish Bhama, the co-founder and chief

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Bitcoin media coverage distracting from its true potential says Deloitte

Bitcoin media coverage distracting from its true potential says Deloitte

01 July 2014 / City AM – Overzealous media coverage of the controversial aspects of Bitcoin, such as criminal activity, price volatility and exchange collapses could be distracting governments and private businesses from the long-term potential of the cryptocurrency, according to a new report from Deloitte University

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1-800-FLOWERS.COM to Accept Bitcoin for Online Transactions

1-800-FLOWERS.COM to Accept Bitcoin for Online Transactions

01 July 2014 / Wall Street Journal – 1-800-FLOWERS.COM, Inc., the world’s leading florist and gift shop, today reported that it will begin accepting bitcoin, the world’s most widely used digital currency. Beginning this fall, bitcoin will join familiar payment options, including Visa, MasterCard, American Express, and

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Bitcoin gets buy-in from Newegg, the tech-focused retailer

Bitcoin gets buy-in from Newegg, the tech-focused retailer

01 July 2014 / CNet – Electronics retailer Newegg has begun accepting payments in the Bitcoin virtual currency, a move designed to appeal to its technically inclined clientele. “Our customers have been asking for Bitcoin as a payment option for months,” said Soren Mills, chief marketing officer

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How History Shows Bitcoin Could Transform Finance

How History Shows Bitcoin Could Transform Finance

30 June 2014 / Benzinga – It’s hard to envision the future bitcoin bulls do – where bitcoin is more ubiquitous than Visa, used for more than just purchases and accepted around the globe. But the difficulty sharing the vision doesn’t make it a mirage. The general

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Bitcoin ‘to revolutionise trade’

Bitcoin 'to revolutionise trade'

30 June 2014 / Herald Scotland – The Bitcoin is on course to revolutionise global trading in the same way email, MP3s and digital photography flipped lifestyles and industries on their head, supporters have claimed. Key players in the world of online payments are meeting in Dublin

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il Giornale, an Italian daily newspaper Now Accepting Bitcoin from Subscribers

il Giornale, an Italian daily newspaper Now Accepting Bitcoin from Subscribers

28 June 2014 / Forex Minute – il Giornale, an Italian daily newspaper published in Milan, Italy is now accepting Bitcoin from the subscribers. Thus, becoming the first major Italian newspaper outlet accepting Bitcoin for digital subscriptions, the newspaper claims to hit new high. The measure is

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Is Bitcoin for You?

Is Bitcoin for You?

27 June 2014 / Barron’s – In the past four years, no asset class has done as well as Bitcoin – and it’s not even close. Since the beginning of 2010 to the end of 2013, it literally had a return of one million times capital invested,

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Vulcantire.com accepts Bitcoin!

Vulcantire.com accepts Bitcoin!

27 June 2014 / Vulcan Tire Blog – You can now purchase any of the thousands of items on Vulcantire.com using Bitcoins! Vulcan Tire is the first tire retailer in the world to accept Bitcoin. Bitcoin is a digital currency that allows you to quickly and securely

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BitBeat: Why Bitcoin’s Scoring in Argentina

BitBeat: Why Bitcoin’s Scoring in Argentina

26 June 2014 / Wall Street Journal – In Argentina, the exact opposite occurs. Firms such as San Francisco-based BitPagos will take the dollars received by tourism industry clients in Buenos Aires and deliver them bitcoins in return. That their clients are opting for this says much

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