Monthly archive for December 2013

Bitcoin ATMs Are Spreading Across the World

Bitcoin ATMs Are Spreading Across the World

31 Dec 2013 / Entrepreneur – Sometimes the future can sneak up on you. Like when you find out that a startup incorporated in the British Virgin Islands, whose employees live in New Hampshire and whose products are made in Portugal, is selling digital-currency ATMs to Saudi

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The Year of Bitcoin

The Year of Bitcoin

31 Dec 2013 / RT – Like it or love it, bitcoin has been a constant theme of headlines for the past year, as 2013 marked its coming of age. Last year’s nerd money fad has become this year’s most talked about product. Ultimately, nature abhors a

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Why don’t economists like Bitcoin?

Why don’t economists like Bitcoin?

31 Dec 2013 / The Verge – Nobel prize-winning economist and New York Times columnist Paul Krugman wrote a blog post this weekend with a tantalizing title, “Bitcoin Is Evil,” that has provoked the expected backlash from proponents of the virtual currency. The headline over-promises, unfortunately —

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Credit card security is broken. Here’s how Bitcoin could help fix it.

Credit card security is broken. Here’s how Bitcoin could help fix it.

30 Dec 2013 / Washington Post – My wife and I are planning a trip to Asia in January, and so I’ve been making hotel and airplane reservations. In the process, I’ve had first-hand experience with the dysfunctional state of international credit card payments. I’ve had three

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Here’s The Answer To Paul Krugman’s Difficult Question About Bitcoin

Here's The Answer To Paul Krugman's Difficult Question About Bitcoin

30 Dec 2013 / Seattle pi – Paul Krugman set off a new firestorm this weekend with a post about Bitcoin that asked a fairly simple question: What gives a bitcoin its worth? The post drew a ton of angry reaction from the Internet community and tech

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That Giant Bitcoin Crash in the Wake of China Restrictions? It Never Happened.

That Giant Bitcoin Crash in the Wake of China Restrictions? It Never Happened.

30 Dec 2013 / AllThingsD – When news surfaced two weeks ago of a fresh round of restrictions that China was placing on businesses transacting in the bitcoin ecosystem, the value of bitcoin plummeted. The CoinDesk Bitcoin Price Index, for example, showed that bitcoin traded as low

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‘Voluntarily Homeless’ Man Lives Off Bitcoin, Android Tablet and a Solar Charger

‘Voluntarily Homeless’ Man Lives Off Bitcoin, Android Tablet and a Solar Charger

30 Dec 2013 / CoinDesk – A nomadic man in Spain is living off bitcoin, an Android tablet and a solar charger. The man, who wanted to be known only by his first name, Justas, is documenting his eighth year of homelessness, which he stresses is a

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Tech People Are Passing Around This Paul Krugman Quote On The Internet

Tech People Are Passing Around This Paul Krugman Quote On The Internet

30 Dec 2013 / Business Insider – Paul Krugman upset the Bitcoin community over the weekend when he wrote a blog post titled “Bitcoin is Evil.” In the post he said he was “deeply unconvinced” that Bitcoin can actually work as a form of currency. He doesn’t

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New Coinbase for Android, and Coinbase Merchant App Released For Android

New Coinbase for Android, and Coinbase Merchant App Released For Android

30 Dec 2013 / Coinbase Blog – We just released Coinbase for Android 2.0 on the Play Store. Coinbase for Android 2.0 features a new UI along with improved speed, reliability, and ease of use. We’re also releasing an all-new Coinbase Merchant app, which makes it easy

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Bitcoin Buys Burgers to Beer as Shoppers Go Virtual

Bitcoin Buys Burgers to Beer as Shoppers Go Virtual

30 Dec 2013 / Bloomberg – What do a street-van burger, a wedding bouquet and a Beatles album have in common? They’re all on a growing list of products shoppers can buy over the counter using the virtual currency Bitcoin. From Berlin record store Long Player to

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