Archive for the politics Category

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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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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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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Bitcoins Alliance India advices public to keep off, seeks legal clarity

Bitcoins Alliance India advices public to keep off, seeks legal clarity

05 Jan 2014 / Economic Times – MUMBAI: Against the backdrop of RBI warning the public over highly speculative virtual currencies, a bitcoin traders’ body has sought clarity

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Five years of Bitcoin in one post

Five years of Bitcoin in one post

04 Jan 2014 / Washington Post – The world’s first fully decentralized cryptographic financial network, Bitcoin, launched five years ago today. The years since then have been a wild ride. The currency’s value has risen from nothing to billions of dollars, and millions have been invested in

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Bitcoin Set to Boom in Latin America

Bitcoin Set to Boom in Latin America

03 Jan 2014 / Panama Post – Bitcoin is no longer insignificant. Initially derided by most as a gimmick, the current market value of all bitcoins in circulation is an estimated US$10 billion.[1] On Friday, November 29, 2013, the value of a single bitcoin peaked at $1137. To

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Get a piece of the Bitcoin action: How easy is it to lay your hands on the virtual currency?

Get a piece of the Bitcoin action: How easy is it to lay your hands on the virtual currency?

03 Jan 2014 / Independent – New cultural phenomena are constantly vying for our attention. I find this exhausting, so I do my best to ignore most of them. But occasionally the sheer weight of opinion, conjecture and discussion forces me to set aside my prejudices and

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Some see Bitcoin as next vehicle for trade

Some see Bitcoin as next vehicle for trade

02 Jan 2014 / Kansas.com – U.S. Senate informational panels deemed it legitimate. Detractors dismiss it as unstable and a vehicle for criminal trade. China has banned new deposits on its largest exchange. Bitcoin, the international digital payment system and currency and one of the hottest technology

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Tech Renegade: From Print-at-Home Guns to Untraceable Currency

Tech Renegade: From Print-at-Home Guns to Untraceable Currency

02 Jan 2014 / WSJ – AUSTIN, Texas— Cody Wilson rattled lawmakers and law-enforcement agencies with a plastic gun created from a 3-D printer, home computer and blueprints he posted online for anyone to download. Now, the 25-year-old law-school dropout is about to launch software aimed at

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