Archive for the finance Category

Taxing Bitcoin: IRS Review Has Big Implications For Investors In Virtual Currency

Taxing Bitcoin: IRS Review Has Big Implications For Investors In Virtual Currency

08 Jan 2014 / Forbes – By now most everyone has heard of Bitcoin. But exactly what is it? And how should it be taxed? Bitcoin is usually described as virtual currency. That’s useful shorthand, but is it really money? And should it be taxed as if

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Formlabs releases PreForm 1.0 and begins accepting Bitcoin payments

Formlabs releases PreForm 1.0 and begins accepting Bitcoin payments

07 Jan 2014 / The Verge – Currently 3D printing isn’t nearly as easy or as fun as it needs to be in order to catch on, but Formlabs is trying to change that. At CES 2014, the company released PreForm 1.0, an updated and simplified version

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Sen. Carper: ‘Let’s see what good can come from bitcoin’

Sen. Carper: 'Let's see what good can come from bitcoin'

07 Jan 2014 / CNBC – Federal regulators and law enforcement agencies don’t need new laws to tamp down on the more seedy uses of bitcoin and other virtual currencies, Sen. Thomas Carper, D-Del., told CNBC on Tuesday. “They’ve told us right now that we don’t need

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India’s central bank gets to grip with Bitcoin

India’s central bank gets to grip with Bitcoin

07 Jan 2014 / FT.com – High quality global journalism requires investment. Please share this article with others using the link below, do not cut & paste the article. See our Ts&Cs and Copyright Policy for more detail. Email ftsales.support@ft.com to buy additional rights. http://blogs.ft.com/beyond-brics/2014/01/07/indias-central-bank-gets-to-grip-with-bitcoin/#ixzz2pk8X7MVR Over Christmas,

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One Woman’s Quest to Bring Bitcoin to Botswana

One Woman's Quest to Bring Bitcoin to Botswana

06 Jan 2014 / Motherboard – Alakanani Itireleng, 36, believes in Bitcoin. “I love the prospect and the possibility that Bitcoin might bring to laypeople like me,” she tells me. She calls herself the Bitcoin Rep, Botswana’s Bitcoin Ambassador, and, as far as she knows, she’s the first

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GreenBank Announces Bitcoin Multi-City Presentations

GreenBank Announces Bitcoin Multi-City Presentations

06 Jan 2014 / 4-Traders – Toronto, Ontario–(Newsfile Corp. – January 6, 2014) – GreenBank Capital Inc. (CSE: GBC) (“GreenBank” or “the Company”), the first public company to invest in Bitcoin and Bitcoin startups, announces a multi-city Bitcoin investor presentation. The presentations will explain to investors the

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Bitcoin’s Future Foretold By Developer Momentum

Bitcoin’s Future Foretold By Developer Momentum

06 Jan 2014 / Tech Crunch – If you think developers predict the future then there is more reason to believe that Bitcoin is the real deal. The crypto currency is a hit with developers, according to data collected on GitHub by the founders of Bitcoin Pulse,

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China Bites Into Bitcoin

China Bites Into Bitcoin

06 Jan 2014 / Forbes – Bitcoins were worth nothing in 2009, when the digital cryptocurrency was first minted on the computer of its mysterious creator, Satoshi Nakamoto, who claimed to live in Japan. Four years later the value of one Bitcoin surpassed $1,100, thanks in large

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Hong Kong to get world’s second bitcoin ATM, say makers

Hong Kong to get world's second bitcoin ATM, say makers

05 Jan 2014 / South China Morning Post – The bitcoin revolution is shifting to the east, say the Canadians behind the world’s first cash machine for the virtual currency, as they prepare to open a second one – in Hong Kong. Robocoin’s second teller machine could

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Q&A: How bitcoin digital currency works

Q&A: How bitcoin digital currency works

05 Jan 2014 / Detriot Free Press – Bitcoin is a digital currency — a form of Internet cash — that was introduced in 2009. But it isn’t printed, like a dollar. It’s a form of money called cryptocurrency. Transactions are made by updating a log, but

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