18 Nov 2013 / Forbes – I’ve fielded variants of this question from non-economists many times. I always respond with the same question: What does Bitcoin have to teach us about the economy? From a practitioner’s point of view, Bitcoin is small change. The total value of all
Read more →18 Nov 2013 / Time.com – The first congressional hearing on how to regulate virtual currencies will take place on Monday afternoon before the Senate Homeland Security and Governmental Affairs Committee. Called “Beyond Silk Road: Potential Risks, Threats and Promises of Virtual Currencies,” the hearing comes six weeks after
Read more →17 Nov 2013 / Motley Fool – Bitcoin’s meteoric rise is like something that few have seen in their lives, if ever. Just a few years ago, it was a tiny community interested in a new way to send money online. That tightly woven, tech-savvy community has grown
Read more →17 Nov 2013 / fiatleak.com – This is a fantastic website that illustrates a live feed of the world’s currencies into Bitcoin. Warning: this is addicting to watch. Data from MT.GOX, BITSTAMP, BTCChina, BTC-E, Bit2c Each trade results in a bitcoin being sent from the currency counter
Read more →16 Nov 2013 / Motley Fool – If I’d once told you intangible coins would be the biggest gainers in 2013, you’d call me nuts. But as we head toward 2014, Bitcoin has already put up 3,311% returns. In the midst of a bull market in Bitcoin,
Read more →16 Nov 2013 / Coindesk – Expertise and dominance in a particular industry sector doesn’t come about by decree. It is achieved over years through repeated practice and creative experimentation. During the first three-and-a-half years of bitcoin’s development from 2009 to 2012, a large portion of that
Read more →16 Nov 2013 / OC Register – Scott Nguyen emerges from a salon chair at Splitends Salon in downtown Santa Ana to pay for his freshly cut hair. For the past 20 years, the Laguna Hills resident has gotten the same trim every three or four weeks
Read more →15 Nove 2013 / Forbes – In the first week of July, Jay Shore got bad news. U.S. Bank and Chase informed him they were closing the accounts for his company, Coinabul, a San Diego-based precious metals buyer that sells silver and gold for Bitcoin. They didn’t
Read more →15 Nov 2013 / Business Insider – Say what you want about the long-term viability of Bitcoin, the digital currency that’s been going crazy lately. Bitcoin has been incredibly lucrative for Sam Cole, Marcus Erlandsson and Andreas Kennemar. Because of Bitcoin, they generated $3 million in revenue in
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