Monthly archive for February 2014

Bitcoin Experiment in Real Life

Bitcoin Experiment in Real Life

19 Feb 2014 / WSJ – Deep in the unregulated underbelly of the Internet, bitcoin is the crypto-currency of the realm, making as many headlines for its volatile price as it has for its popularity with criminals seeking anonymity. These are reasons enough to keep most people

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Getting paid in Bitcoin: These businesses are ready for it

Getting paid in Bitcoin: These businesses are ready for it

19 Feb 2014 / ZDnet – Whether you’re a geek with a love of cryptocurrency, or you’re just from a country outside the eurozone and want to avoid banks’ outrageous currency conversion fees, for your next holiday in Italy you might want to try something new: pay

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Order Up! Food Businesses Find An Appetite For Bitcoin

Order Up! Food Businesses Find An Appetite For Bitcoin

19 Feb 2014 / NPR – Hungry for a Philly cheesesteak or a hot Reuben sandwich? That’ll be about 0.001 bitcoin, please. From restaurants to breweries, to even your and , the popular cryptocurrency has inched its way into the food industry, as more vendors consider it

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First U.S. Bitcoin Vending Machine Launches in Albuquerque, New Mexico

First U.S. Bitcoin Vending Machine Launches in Albuquerque, New Mexico

18 Feb 2014 / PR Web – Enchanted Bitcoins is operating what is believed to be the first Bitcoin vending machine available to the public in the United States. The Bitcoin Machine, manufactured by Lamassu, Inc., is permanently installed at Imbibe, an upscale cigar bar and lounge

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Stanford scholars say Bitcoin offers promise, peril

Stanford scholars say Bitcoin offers promise, peril

18 Feb 2014 / Stanford News – Bitcoin is a stateless, digital currency that allows people to make transactions with no middlemen – no banks, no transaction fees and no governments. Instead of printing banknotes or minting coins, a list of the registration numbers of each of

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Could there be a $50,000 bitcoin?

Could there be a $50,000 bitcoin?

18 Feb 2014 / CNN FORTUNE — In the last year, and with increasing intensity following the early December price spike that briefly put Bitcoin above $1,200, critics have sounded the alarm that the price is a bubble. Some, like Felix Salmon, have recognized the value of

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First U.S. Bitcoin ATMs Set to Debut in Seattle, Austin

First U.S. Bitcoin ATMs Set to Debut in Seattle, Austin

18 Feb 2014 / Entrepreneur – Bitcoins are yet another step closer to going mainstream. Robocoin today announced that it will roll out the first-ever Bitcoin ATM machines in the U.S. later this month, starting with Seattle and Austin, Texas. Exactly where in the cities the machines

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Bitcoin for idiots: An introductory guide

Bitcoin for idiots: An introductory guide

17 Feb 2014 / Venture Beat – Drama, greed, controversy, conspiracy, crime, risk, theft, speculation, wealth — such was the world of Bitcoin in 2013. The crypto-currency captivated us with its soaring highs and plunging lows in 2013, rising from $10 to $1,200 in the course of

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Is Bitcoin the Payment Game Changer or the Next Shiny Object?

 Is Bitcoin the Payment Game Changer or the Next Shiny Object?

17 Feb 2014 / Multichannel Merchant – Is Bitcoin about to change the way we pay for goods and services on the Internet? Or is Bitcoin just another alternative payment method that comes in like a lion and goes out like a lamb? To quote its website,

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How To Use Bitcoin To Shop At Amazon, Home Depot, CVS And More

How To Use Bitcoin To Shop At Amazon, Home Depot, CVS And More

17 Feb 2014 / Forbes – Two of the country’s biggest names in e-commerce, Overstock.com and TigerDirect.com, earned themselves some press (and perhaps goodwill from the tech crowd) with their recent decisions to start accepting Bitcoin as payment. Now, though, users of the controversial peer-to-peer digital system

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