Monthly archive for February 2014

TSA Harasses Traveler After ‘Seeing Bitcoin’ In His Bag

TSA Harasses Traveler After 'Seeing Bitcoin' In His Bag

28 Feb 2014 / Business Insider – The TSA attempted to “screen” airline passenger Davi Barker for the virtual currency Bitcoin. Barker is co-founder of BitcoinNotBombs, a Bitcoin advocacy group that gets donation-based organizations and social entrepreneurs set up to handle the currency. He’s written a very

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Native Americans adopt bitcoin clone as official currency

Native Americans adopt bitcoin clone as official currency

28 Feb 2014 / Telegraph – A new crypto-currency in the style of bitcoin has been adopted as the official reserve currency of the Oglala Lakota Nation. The Lakota people are indigenous to parts of North and South Dakota and are made up of a confederation of

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Janet Yellen: Federal Reserve has no authority to regulate Bitcoin

Janet Yellen: Federal Reserve has no authority to regulate Bitcoin

28 Feb 2014 / The Guardian – The Federal Reserve has no authority to supervise or regulate Bitcoin, chair Janet Yellen told Congress on Thursday. Testifying before the Senate Banking Committee in the week that the controversial digital currency’s largest exchange collapsed, Yellen was asked about Bitcoin’s

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I still believe in Bitcoin

I still believe in Bitcoin

28 Feb 2014 / Livemint – Call me a dreamer. Call me a contrarian. I still believe in Bitcoins. The collapse of Mt. Gox—and the evident disappearance of perhaps 6% of the world’s supply of the virtual currency—hasn’t put me off at all. And even if I’m

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A Major Coinbase Milestone: 1 Million Consumer Wallets

A Major Coinbase Milestone: 1 Million Consumer Wallets

27 Feb 2014 / Coinbase Blog – Today, we’ve reached a huge milestone: we’ve hit one million (and counting) Coinbase consumer wallets! It’s hard to believe that we started 2013 with just under 13,000. That is an astounding growth rate of 7,592.31%. Since our founding in June

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Richard Sherman accepts bitcoin, even if Amazon doesn’t

Richard Sherman accepts bitcoin, even if Amazon doesn’t

27 Feb 2014 / Seattle Times – You can’t use bitcoin at Amazon.com. But there are a handful of places Seattleites can spend the crypto-currency. Take, for example, Seattle Seahawks cornerback Richard Sherman’s online store. There, the Legion of Boom member sells T-shirts with his likeness next

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To secure your bitcoins, print them out

To secure your bitcoins, print them out

27 Feb 2014 / Marketwatch – “Opening a bitcoin account on an online exchange is like opening a brokerage account in Zimbabwe,” says Alex Daley, chief technology investment strategist for Casey Research, a global independent finance research company based in Stowe, Vt. Many investors on online exchanges—like

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Good Riddance to Mt. Gox

Good Riddance to Mt. Gox

26 Feb 2014 / Slate – It is over. Mt. Gox, bitcoin’s oldest—and once its most popular—exchange, was taken offline Monday night, leaving behind angry customers and acrimonious debate about where the world’s first popular cryptocurrency goes next. At one point in bitcoin’s short history, the Japan-based

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Trading Site Failure Stirs Ire and Hope for Bitcoin

Trading Site Failure Stirs Ire and Hope for Bitcoin

26 Feb 2014 / NY Times – The apparent collapse of Bitcoin’s best-known and once-dominant trading platform has provoked outrage among its users, but it has also stirred hopes that the way may now be clear for more established players to transform and rein in a largely

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Beyond Mt. Gox, bitcoin believers keep the faith, see more robust system

Beyond Mt. Gox, bitcoin believers keep the faith, see more robust system

26 Feb 2014 / Reuters – The apparent collapse of Tokyo-based bitcoin exchange Mt. Gox isn’t bothering Anthony Hope and others who have ditched steady careers in government and finance to build bitcoin companies – and who stand to lose money they have in Mt. Gox. Hope,

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