Archive for the politics Category

The Bitcoin Derivatives Market Has Arrived

The Bitcoin Derivatives Market Has Arrived

08 Dec 2013 / Zero Hedge – Having discussed the advantages and disadvantages of the crypto-currency and noted the extreme volatility of the last few weeks, it seemed only a matter of time before some ambitious entrepreneur tried to monetize the volatility. What better way to “manage

Read more

IS BITCOIN, AN ALTERNATIVE FORM OF MONEY, HERE TO STAY?

IS BITCOIN, AN ALTERNATIVE FORM OF MONEY, HERE TO STAY?

08 Dec 2013 / UT San Diego – YES Bitcoin is a new Internet-based, completely digital currency that facilities transactions between people without a middleman. So it substantially reduces transaction costs, making it valuable to everyone, including merchants. Bitcoin allows ordinary people to store, transfer and exchange

Read more

Bitcoin hangout with Max Keiser: The Napster of currency

Bitcoin hangout with Max Keiser: The Napster of currency

07 Dec 2013 / RT – Like the internet, bitcoin is a force of nature which governments control at their own peril. This time around on the Keiser Hangout, our panel answers your questions about the premier crypto-currency, silver’s silver lining and the future of China. From

Read more

Homeless Men Wish They’d Gone Hungry Instead of Spending Bitcoins

Homeless Men Wish They’d Gone Hungry Instead of Spending Bitcoins

07 Dec 2013 / Wired – Jesse Angle, Chris Kantola, and Paul Harrison were jobless and homeless for much of the past year, but thanks in part to Bitcoin — the world’s most popular digital currency — they never went without food. Between April and September, while

Read more

British Online Mattress Retailer Scores a First by Accepting Payment With Bitcoin

British Online Mattress Retailer Scores a First by Accepting Payment With Bitcoin

07 Dec 2013 / Newsday – Leading online mattress store mattress-land.co.uk has become the first commerce store in UK (Possibly the first in the World) to allow the use of Bitcoin by customers to make purchases of mattresses and bed frames. Birmingham, West Midlands (PRWEB UK) 7

Read more

Bitcoin Meets Tesla With Lamborghini Dealership’s Model S Sale

Bitcoin Meets Tesla With Lamborghini Dealership’s Model S Sale

07 Dec 2013 / Bloomberg – Bitcoin, the virtual money former Federal Reserve Chairman Alan Greenspan called “a bubble,” was accepted as payment in the purchase of a Tesla Motors Inc. (TSLA) Model S electric car at a California Lamborghini dealership. Lamborghini Newport Beach sold the car

Read more

World powers react to the Bitcoin boom

World powers react to the Bitcoin boom

07 Dec 2013 / Aljazeera – World powers have scrambled in recent weeks to react to the rise of Bitcoin, a decentralised digital currency created in 2009. Publicity from US Senate hearings and a black-market website that used the currency saw the value of Bitcoin skyrocket from

Read more

Why the Chinese can’t get enough of Bitcoin – despite bank ban

Why the Chinese can't get enough of Bitcoin - despite bank ban

06 Dec 2013 / Christian Science Monitor – At the Garage Café, a dimly lit magnet for young programmers and entrepreneurs in Beijing’s hi-tech Zhongguancun district, one topic dominates the low hum of conversation: Bitcoin The crypto-currency’s value has soared more than fivefold over the past month,

Read more

CHART OF THE DAY: Bitcoin Can Be The New Western Union

CHART OF THE DAY: Bitcoin Can Be The New Western Union

06 Dec 2013 / Business Insider – No one knows for sure whether Bitcoin is a currency or a means of transferring funds. In his new note on Bitcoin, Bank of America Merrill Lynch currency analyst David Woo buys into the argument from Bitcoin evangelists that the

Read more

Bitcoin Grows Up But That Means FBAR Filings

Bitcoin Grows Up But That Means FBAR Filings

06 Dec 2013 / Forbes – Remember when you got out of school and started having to abide by all sorts of rules? Bitcoin and its aficionados probably feel that way, starting to feel the pinch of responsibilities. That’s growing up. Bitcoin seems newly minted from a desirable

Read more

Follow Twitter

Exchange Rate

Cart