Archive for the politics Category

Bitcoin Believers See a Role for Wall Street

Bitcoin Believers See a Role for Wall Street

12 Dec 2013 / NYT – A venture capitalist, a former regulator, a lawyer and a pair of entrepreneurs — Bitcoin evangelists all — gathered on Tuesday in the private dining room of an upscale Manhattan restaurant to discuss their vision of a world in which the

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Bitcoin: Super currency or super fad?

Bitcoin: Super currency or super fad?

12 Dec 2013 / Detroit Free Press – LAS VEGAS – Entrepreneurs flush with newly valuable Bitcoins are creating new products designed to simplify the technology and spread Bitcoin mania into the modern American mall. More than 600 Bitcoin aficionados gathered Tuesday in a conference center here

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Bitcoin fund raises RM209 million after first two months, founder says

Bitcoin fund raises RM209 million after first two months, founder says

12 Dec 2013 / Malaysian Insider – A fund established to offer investors exposure to Bitcoin is holding around $65 million (RM209 million) in the digital currency after two months in operation, its creator, SecondMarket Chief Executive Officer Barry Silbert, said yesterday. Silbert told a group of

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Venture Capital Bets Big on Bitcoin

Venture Capital Bets Big on Bitcoin

12 Dec 2013 / NYT – Silicon Valley’s bets on the digital currency Bitcoin keep getting bigger. A San Francisco company, Coinbase, announced on Thursday that it had raised $25 million from some prominent venture capitalists in the largest-ever fund-raising round for a Bitcoin company. Since its

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Bitcoin greeted in Las Vegas

Bitcoin greeted in Las Vegas

11 Dec 2013 / Examiner – Where else but in Las Vegas is it fitting for Bitcoin to be debated? Hundreds, mostly, male, took notes feverishly on mining and investment process of Bitcoin, the controversial digital currency. They are attending this week the conference; Inside Bitcoins: The

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Will Bitcoin Undermine the U.S. Dollar?

Will Bitcoin Undermine the U.S. Dollar?

11 Dec 2013 / Barrons – Bitcoin, the digital currency launched in early 2009, is being accepted by an increasing number of vendors worldwide, from car dealerships and online travel-planning firms to wine merchants and charities. Even though its value has swung wildly in recent days, each

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Bitcoin should not be seen as a currency, warns Ernst & Young

Bitcoin should not be seen as a currency, warns Ernst & Young

11 Dec 2013 / The Guardian – Bitcoin does not need to replace normal currency in order to have a future, according to an expert on digital currencies from professional services firm Ernst & Young. Speaking at an event in London, Roger Willis, who has been following

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China bitcoin arbitrage ends as traders work around capital controls

China bitcoin arbitrage ends as traders work around capital controls

11 Dec 2013 / Reuters – The price gap between bitcoins trading in Chinese yuan and those sold for other currencies has evaporated in recent days, highlighting the porous nature of China’s capital controls. Chinese bitcoin chat rooms buzzed last month as investors noticed that the digital

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Bitcoin reshaping future of money

Bitcoin reshaping future of money
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Chase-ing Bitcoin: Is JPM Preparing To Unveil Its Own Electronic Currency?

 Chase-ing Bitcoin: Is JPM Preparing To Unveil Its Own Electronic Currency?

10 Dec 2013 / Zerohedge – If you can’t beat ’em, join ’em, copy ’em, and then beat ’em. While everyone’s attention has been glued to Bitcoin (and its various smaller and less viable for now alternative digital currencies), JPMorgan has submitted a patent which appears to

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