by Dan Holden on 19 JUNE 2013. With his trim physique, easy smile and ’70s-style, over-the-collar brown hair, L.A.-based Kylae Jordan is a naturally likable kind of guy. He’s soft-spoken, with a pleasant manner, and he’s keenly interested in the conversation around him. With good reason: He’s sitting in a room full of potential multimillionaires, and his chances of hitting it big are about as good as anyone else’s.
That would be a tremendous return to good fortune for the 30-something Jordan, whose current venture, www.garagedooropener.com, is under assault by a slightly more search-savvy entrepreneur who’s undercutting Jordan’s hundreds of hours of search-optimization work.
Realizing that the garage-door game could be up soon, Jordan is looking for something different. That’s why he’s in San Jose in mid-May for Bitcoin 2013, the conference for developers, traders and speculators in the nascent online currency.
“Right now, I’m researching markets for my investors,” Jordan says with a smile. Translation: He’s looking for something his Southern California parents would be willing to invest in, to start him over again.
New Money, Old Rules
What Jordan found at Bitcoin 2013 was probably too complex to explain to his parents, unless they have exceptional math skills and a keen sense of market potential.
In fact, the complexity of the Bitcoin could well be its most damning vulnerability. Four years after its inception, the Bitcoin industry still rests largely in the hands of young, geeky mathematicians and third-rate software developers—marketing novices who could be quickly brushed aside by more ruthless competitors, in the same way Jordan’s clicker business is gasping for a future. Worse, the industry could be torpedoed altogether by the U.S. government. Recent events have made that possibility look frighteningly real. - Read more here: http://www.sv411.com/index.php/2013/06/a-brief-history-bitcoins-what-comes-next-controversial-online-currency
Friday, June 21, 2013
A Brief History of Bitcoins and What Comes Next for the Controversial Online Currency
Planet Linux Caffe to Begin Accepting Bitcoin at HackMiami ‘Day of Bitcoin Secrets,’ Hackers and Cryptocurrency Enthusiasts Rejoice
CORAL GABLES, FL (PRWEB) June 19, 2013. South Florida’s first Linux themed coffee shop will host a day of Bitcoin awareness and discussion.
Hackers, information security professionals, and cryptocurrency enthusiasts will descend upon South Florida during the ‘Day of Bitcoin Secrets’ taking place June 27, 2013 at the Planet Linux Caffe in Coral Gables, Florida.
The event is being hosted by HackMiami and the Miami-Coral Gables Open Source User Group. The goal of the event is to bring forward discussion about the potentials for daily use of Bitcoin and other alternative cryptocurrencies, such as Litecoin. An introductory presentation to the concept of cryptocurrency will be also be presented by members of HackMiami.
In addition to the planned gathering, Planet Linux Caffe owner Daniel Mery has announced that they will be accepting Bitcoin as a form of payment, establishing them as the the first restaurant/coffee shop in South Florida to accept the peer-to-peer digital currency. - Read more here: http://www.prweb.com/releases/2013/6/prweb10847655.htm
Hack the Bank: Bitcoin and the New Peer-to-Peer Economy
Charlie Shrem, CEO of Bitinstant, argues that digital currencies like bitcoin are disrupting the way we do business and creating a new peer-to-peer economy.
Hack the Bank: Bitcoin and the New Peer-to-Peer Economy
Why Bitcoin is Becoming Safer than FIAT Currencies
June 20th, 2013 — 10:36am. We have now entered a Brave New World of Forex Trading following the disclosure of a US Surveillance program (“PRISM”), central bank manipulation of currencies (“currency wars”) and random acts of regulators (which are not mutually exclusive). With the increasing politicization of the financial markets, Forex traders are now becoming more exposed to market changes from geo-political rather than economic risk factors. As we know markets subjected to political rather than economic risk factors create unpredictable sharp short term volatility risk and cross country correlation risk which is almost impossible to risk manage and therefore costly to FOREX traders.
The key driver for ongoing FIAT currency intervention is the ongoing battle between emerging and emerged economies trying to out-compete each other for export markets. Some of the competitors in these currency wars are also seeking economic competitive advantage against their competitors via access to information from state owned cyber espionage programs. The ongoing use of illegally obtained information from state sponsored surveillance programs which would likely be used in currency market intervention would further undermine the properly functioning and confidence in FIAT markets.
Politically motivated regulation or lack of regulation remains another key area of risk for FOREX Traders, the LIBOR market manipulation being a prime example. Not only was this a sustained period of manipulation of the trillion dollar fixed interest rate market, under the interest rate parity principle it also represent a sustained per manipulation of the FIAT currency markets by major institutions who have collectively received nothing more than a slap on the wrist (N.B. it would have been speculators with uncovered positions like non-FI FOREX Traders who were most likely to have been negatively affected by LIBOR manipulation). - Read more here: http://www.dailyforex.com/forex-figures/general-posts/bitcoin-safer-fiat-currencies/1184
Bitcoin in business: Buyer’s Best Friend
Published On June 14, 2013 at 17:41 BST | By Mary Ernst. We talk with Adam Sah, founder and CEO of Buyer’s Best Friend and former Google employee.
Buyer’s Best Friend (BBF) is a retailer of artisanal food, high-end chocolates and gifts, sweet and healthy snacks. Since Sah founded the company in 2010, BBF has established three groceries in San Francisco: in the Ferry Building, North Beach and Haight-Ashbury. All three locations accept bitcoins, offer bitcoins in exchange for cash, and offer cash for bitcoins.
CoinDesk: We understand you are accepting bitcoin as a payment method. What are your other current payment methods? Are you open to the possibility of accepting other types of cryptocurrencies as well?
Adam Sah: We programmed our POS (point of sale) to accept bitcoins and also accept credit/debit (most popular), cash or check (almost nobody). Bitcoin is our favorite payment method – cash is a pain to count and handle, and credit cards charge large processing fees. Before we accept other cryptocurrencies, they would need to be as popular as bitcoin is with consumers.
CD: Why did you decide to accept bitcoins? Was it because you or an influential person in your company is a personal enthusiast, did a customer request it, or were you targeting bitcoin users?
Sah: We’re a young business and wanted to find ways to attract new customers. I’m a techie and heard about the growing community of bitcoin users, and also saw there were online directories such as bitcoin.travel and localbitcoins.com where you can connect with them. To me, that’s all you need. - Read more here: http://www.coindesk.com/bitcoin-in-business-buyers-best-friend
Bitcoin's Popularity on the Rise in China
By Amir G | Jun 16, 2013. With its seemingly ever-rising value since the beginning of 2013, the digital currency Bitcoin is skyrocketing in its popularity nowadays. This of course has its repercussions on the world of online gambling, displayed amongst others, with the recent actions carried out by the US Government to rule out a possibility of the usage of Bitcoin as a viable currency for online gambling by offshore US gambling operators.
Popularity in China
While the acceptance of Bitcoin's unregulated, decentralized character remains rocky by US authorities, Bitcoin's popularity seems to be on the rise in China. Only in May, Bitcoin client downloads in China surpassed their counterpart US downloads with a ratio of 85k Chinese client downloads opposite to 64k American downloads. This also has to do with the airing of a documentary about Bitcoin on national Chinese TV, in the beginning of May, which shed a positive light on the Digital Currency.
This emergence of Bitcoin in China has triggered some opinions regarding the currency's potential positive role in dealing with the Chinese government's strict regulations dealing with online movement of money. However this might prove problematic due to Bitcoin's expected inability to stand within the required monetary scopes required by Macau's junket operators.
Bitcoin could indeed be a great solution for the hardships imposed on Chinese online gamblers by their government; but perhaps this solution is too good to be true. It is only foreseeable that the Chinese authorities will work to confine Bitcoin if it becomes a prevalent funding method among online gamblers. - Source: http://www.onlinecasinoreports.com/news/gaming/2013/6/16/bitcoins-popularity-on-the-rise-in-china.php
Thursday, June 20, 2013
Bitcoin tax time?
BY ANDREW LEONARD. A U.S. government report explores how the IRS should deal with the libertarian-beloved cryptocurrency.
Tthe U.S. Government Accountability Office’s new report on the tax implications of virtual currencies is definitely the GAO’s most cyberpunk moment to date. The report name-checks “World of Warcraft,” “Second Life” and, of course, Bitcoin. Yes, that’s right, the U.S. government is pondering how the IRS should deal with MMORGs (massively multiplayer online role-playing games).
Don’t worry — if you’ve got piles of gold accumulating in your “WoW” account, you don’t need to declare it. Although, if you find a way to sell that gold to some other party in exchange for legal tender, that’s a different story. That’s income, and it’s probably taxable.
But “WoW,” and “Second Life,” are sideshows. The specter of the IRS casting a shadow over Bitcoin, which the GAO concludes is “the most widely circulated virtual currency available,” is the meat of the report. Just the fact that the U.S. government is starting to pay serious attention to the cryptocurrency surely has libertarians getting nervous.
The report is amusing in its disingenuousness. Many people, suggests the GAO, are unaware that virtual currencies could have tax consequences. There’s a lot of confusion out there!
For example, when we performed a simple Internet search for information on taxation of bitcoin transactions, we found a number of websites, wikis, and blogs that provided differing opinions on the tax treatment of bitcoins, including some that could lead taxpayers to believe that transacting in virtual currencies relieves them of their responsibilities to report and pay taxes. - Read more here: http://www.salon.com/2013/06/19/bitcoin_tax_time/singleton
Malka, Rickards Debate Bitcoin Utility, Longevity
June 18 (Bloomberg) -- Micky Malka, founder and general partner at Ribbit Capital, and James Rickards, senior managing director at Tangent Capital Partners, debate the advantages, disadvantages and longevity of bitcoin, an alternative currency. SurveyMonkey.com LLC's Dave Goldberg moderates the debate at the Next Big Thing Summit in Half Moon Bay, California. (Source: Bloomberg)
Green address – the solution to slow Bitcoin transactions?
Published On June 19, 2013 at 15:40 BST | By Daniel Cawrey. One of the reasons Bitcoin has experienced a degree of success over other digital currencies is its ability to overcome what is known as the double-spend problem. Double spending, for many years, had been a vexing issue for any sort of e-currency: how to avoid someone from having the ability to send money to one party while simultaneously sending it to another.
Double spending is not a problem that exists in physical fiat-based currencies. This is due to the fact that one can duplicate files that make up a digital system much more easily than the time and effort it takes to counterfeit something like paper money. For digital currencies, a host of problems can result from double spending as it can easily destroy confidence and has been one of the reasons why money that is not backed by a government has struggled to take off – until now.
Bitcoin solves the double spending issue by utilizing proof of work, requiring that a mathematical problem set be solved in order for a transaction to be validated. This resolves the predicament of double spending, but can cause another problem: transactions require a period of time before they are completed. In Bitcoin’s case, it can take up to an hour for a transaction to confirm. This is a problem, because one feature that has become an expectation from digital money is speedy transactions. - Read more here: http://www.coindesk.com/green-address-the-solution-to-slow-bitcoin-transactions
Roger 'Bitcoin Jesus' Ver on the Wonders of Bitcoin
Watch Becky Liggero http://calvinayre.com/2013/06/12/busi... as she caught up with Roger Ver of Bitcoin as he talks about the wonders of Bitcoin and the security of the users from the US Government.
Roger 'Bitcoin Jesus' Ver on the Wonders of Bitcoin
Be Your Own Bitcoin Exchange | Plan B ep. 11
We chat with Jesse Heaslip one of the team members from Bex.io, they aim to provide a end-to-end solution to setup your own Bitcoin exchange. Is the solution to the Gox problem hundreds, or even thousands of small Bitcoin exchanges?
Plus Avalon customers suspect the company of pre-mining with their hardware for weeks, a new and stronger theory on Satoshi Nakamoto's true identity, the good news for Litecoin, and more!
Be Your Own Bitcoin Exchange | Plan B ep. 11
Let's Talk Bitcoin! E17 - Context and Community
Shownotes for Episode 17 - Context and Community:
- Listener Call - Price Manipulation by The Powers that Be
- Stephanie’s Conference Interview with David Pulis, Sr. Manager of Bitcoin Fund
- Bitcoin Wallets & Human Error!
- Hypocracy in an Evolving Conversation
- Stephanie’s Conference Interview with Adam King of Coinflash
- Finding Value in Community with Jonathan Mohan, founder of BitcoinNYC
Hosts:
Adam B. Levine
Stephanie Murphy, PhD
Andreas M. Antonopoulos
Let's Talk Bitcoin! E16 - Making History
Shownotes for Episode 16 - Making History:
- Listener Mail - “East Coast Bitcoin Events?”
- Let’s Talk Bitcoin at Inside Bitcoins Conference, in NYC on July 30th
- A Piece of History with Ryan Gold at the first ever Satoshi Square Los Angeles
- The Missing Piece - Software Solutions for Live & In-Person Trade events
- Stephanies’ Conference Interview with Cedric Dahl, Co-Founder of Open-Source Buttercoin Exchange Platform
- Bail-Out Vs. Bail-In Vs. Jail-In, How to deal with failing banks?
- Stephanies’ Conference Interview with Jason King, Bitcoin Advocate for the Homeless
- Has Butterfly Labs gone from Horrible Warning to Shining Example?
- Bitcoin Development Fund & First ASIC Single ships!
- Stephanies’ Conference Interview with Brian Armstrong, Co-Founder of Coinbase!
Hosts:
Adam B. Levine
Stephanie Murphy, PhD
Andreas M. Antonopoulos
Wednesday, June 19, 2013
World Bank forum weighs pros, cons of virtual currencies
Published On June 15, 2013 at 18:28 BST | By Shirley Siluk. A roundtable discussion at the World Bank on Friday brought together a small group of officials for a closed-to-the-public, “frank discussion” about virtual currencies.
“Virtual Currencies: The Legal and Regulatory Challenges,” was organized by the Global Forum on Law, Justice and Development and was held at the World Bank’s headquarters in Washington, DC.
“A stocktaking roundtable will discuss legal and regulatory challenges associated to this new phenomenon. Virtual currencies are among the myriads of options for receiving payments and paying online. For example, Bit-Coin (sic) – one of the better known virtual currencies – has been in news recently because of the wild fluctuations in its ‘value’ and also significant venture capital investment in entities associated with it. How are policy makers, regulators and overseers approaching this? What are the threats and opportunities associated with this new payment”
Although no transcripts or recordings of the proceedings were made available, downloadable PDFs of the participants’ presentations were featured on the forum’s website.
Iddo de Jong, senior expert in the market integration division of the European Central Bank (ECB), led off the roundtable with an overview of virtual currencies. In his presentation, he noted that the ECB — Europe’s equivalent of the US Federal Reserve — began paying attention to “virtual currency schemes” in 2011 after “increased press coverage and following outside requests (public, press, public authorities).” - Read more here: http://www.coindesk.com/world-bank-forum-weighs-pros-cons-of-virtual-currencies
Cryptography and the Money We Use
Jeffrey Tucker · June 18, 2013. When NSA whistle-blower Edward Snowden wanted to talk to reporter Glenn Greenwald, he insisted that they use encrypted chat. Unfortunately, Greenwald didn’t know how to go about setting that up. In fact, he needed a tutorial in how to do it. Indeed, many people do. I was looking at the download figures of various encryption programs, and they are not impressive (about 52,000 for one popular program). Apparently, this approach to securing conversations is far from mainstream.
Why should anyone bother? Encrypted chat is like the “cone of silence” in the old Get Smart series, except that it actually works. It makes conversations impossible for outsiders to listen to. So far as snoops are concerned, the conversation might as well have not happened.
How can we be sure? The best case is precisely that Snowden trusted it. He knew exactly what the NSA could surveil and what was invisible. He knew that this level of encryption was NSA-proof. Otherwise, he would not have taken the risk.
Why would anyone but a whistle-blower need it? Let’s say you want to talk about a business deal with a remote party and it is extremely important that there be no security breaches. You would be crazy to use email, but even chat is a mistake. One party has a full record of it even aside from all issues of surveillance.
You don’t have to be breaking the law to use this technology. It might be useful for talking about health records or household finances or some issue that might be embarrassing to have on record or dragged up and put in your face later. There is a good reason for privacy. Encryption makes it possible.
The most common encryption standard today, Pretty Good Privacy (PGP), was created by Phil Zimmermann in 1991. As an anti-nuclear peace activist, he wanted to make it possible for people to communicate with each other even in totalitarian countries that prohibited speech. To his amazement, it was the U.S. government that tried to stop the code from being released. In 1993, he was prosecuted for illegal export of munitions (go figure). - Read more here: http://lfb.org/today/cryptography-and-the-money-we-use
US Treasury denies it is trying to torpedo Bitcoin
by SIMON BLACK on JUNE 17, 2013. In remarks given late last week to the curiously named United States Institute for Peace, the head of the Treasury’s Financial Crimes Enforcement Network (FinCEN) vociferously denied any attempts at regulating digital currency… specifically Bitcoin.
The speech, entitled “The virtual economy: potential, perplexities and promises”, can be downloaded here for your reading pleasure. But here’s the gist:
http://www.fincen.gov/news_room/speech/pdf/20130613.pdf
- The government views virtual currencies as a “financial service”, and virtual currency exchanges as “financial institutions” that are “as much a part of the financial framework as any other type of financial institution.”
- The government further views that these ‘financial institutions’ have “certain responsibilities.” Namely, to “register with FinCEN” and become an unpaid spy of the US government. - Read more here: http://www.sovereignman.com/trends/us-treasury-denies-it-is-trying-to-torpedo-bitcoin-12056
What are Namecoins and .bit domains?
Published On June 18, 2013 at 13:30 BST | By David Gilson. One digital currency that you might not have heard of is Namecoin. It is based on exactly the same code as Bitcoin. In fact, the two currencies are almost identical. However, in the same way that Bitcoin is a decentralised currency that cannot be shut down; Namecoin is the basis for a decentralised domain name system (DNS), i.e. web URLs, which could put a stop to Internet censorship.
What is the DNS system?
While we’re all used to typing text addresses into our browser and email programs, such as coindesk.com, the Internet doesn’t run on text. The Internet actually works on numerical addresses called IP addresses, just in the same way we dial telephone numbers. The problem is that numbers are not easy to remember. Therefore, an Internet wide address book, called the Domain Name System (DNS), was created to make navigation much easier.
Every time you type an address into your browser, your computer or mobile device is actually querying a DNS server. It has to ask for the IP address of the destination server before it can retrieve any data for you. For example, typing “google.com” into your browser will trigger your computer to check its DNS server for Google’s IP address. The DNS server will return a number like 173.194.70.113.
The very last part of a domain, e.g. .com, is called a top-level domain (TLD). TLDs are controlled by central authorities. For example, the .com TLD is controlled by ICANN in the United States. These central authorities allow third party companies, known as registrars, to deal with accepting domain name orders and customer service.
Whenever anyone has a complaint with a website, the central authority for its TLD has the ultimate say on what happens to it. In most real world cases, lawyers, copyright holders, etc., will simply contact the domain’s registrar. However, the potential for commands from a central authority should be of concern to groups who will suffer due to censorship. - Read more here: http://www.coindesk.com/what-are-namecoins-and-bit-domains
Tuesday, June 18, 2013
Europe’s Bitcoin-24 exchange shows new signs of life
Published On June 18, 2013 at 14:00 BST | By Shirley Siluk. Little by little, the German exchange Bitcoin-24 might be showing signs of coming back to life.
The company has not been able to handle transactions since April, when authorities closed its bank accounts.
In its most recent update, the exchange’s law firm, Röhl, Dehm & Partner, said it expected to begin notifying customers by email last week about payments that have been due to them from Bitcoin-24′s German Commerzbank AG.
“In this e-mail, we shall ask for confirmation of the payment amount and shall request that various details be provided, such as name, address, date and place of birth and nationality,” attorney Christian M. Röhl announced in a June 7 release. “We apologise for this further delay.” - Read more here: http://www.coindesk.com/europes-bitcoin-24-exchange-shows-new-signs-of-life
Bitcoin Takes Another Step into the Medical Arena: An Interview with Dr. Austin Cohen
Elizabeth Ploshay | On 18, Jun 2013. Bitcoin continues to grow in popularity for professionals in a wide array of fields. In addition to serving as an attractive method of payment, Bitcoin’s free market, decentralized, cutting edge nature intrigues many professionals. Just last week BitPay, Inc. signed on a new merchant, Cohen Chiropractic Centre. Cohen Chiropractic Centre was founded in 2009 in Atlanta, GA and has grown to a level of prominence. Dr. Austin Cohen became interested in Bitcoin after one of his interns continually shared his excitement about this innovative currency. As Dr. Cohen has been featured on CNN, CBS News and spoken at various conferences for his innovative techniques to foster health and wellbeing for his clients, Bitcoin is just another source of opportunity and innovation he is able to now embrace.
Bitcoin Magazine had the privilege of interviewing and meeting Dr. Cohen and hopes to continue to be an information source for all things Bitcoin for Dr. Cohen.
Bitcoin Magazine: When did you first hear about Bitcoin?
Dr. Austin Cohen: I first heard about it through our intern as he would not stop talking about and every free moment he was reading an article about them. He insisted that I buy a Bitcoin for every person in my family.
BM: What was it about Bitcoin that you found interesting?
Dr. Austin Cohen: There are 2 reasons why I decided to accept bitcoins in the office. First and foremost, the excitement and fun of something new that is developing and being part of it only a few years into it. Every time I google “bitcoin” a new article pops up that is either positive or negative but the fact people are talking about it makes it very fun. Second, is the simplicity of accepting them and making it easier for transactions and lower merchant service fees. Chiropractic is a progressive industry that is fun and exciting and being the first chiropractor in the World to accept them makes it that much more fun. - Read more here: http://bitcoinmagazine.com/bitcoin-takes-another-step-into-the-medical-arena-bitcoin-magazine-interviews-dr-austin-cohen-of-cohen-chiropractic-center
Bitcoin Digital Currency: Risks & Challenges
CCTV America Correspondent Mark Liu reports on the current situation of the best-known cyber currency, Bitcoin. Anchor Phillip Yin, Alan Silbert, CEO of Bitpremier and Darrell Duffie, professor of Stanford Graduate School of Business, discuss the risks and challenges for the development of Bitcoin.
Could Bitcoin become the official currency of Kenya?
SUNDAY, JUN 16, 2013 10:30 PM +0300. In Africa, the market for cellphones is growing about 20 percent per year. Nowhere is this clearer than in Kenya, where 93 percent of households now own mobile devices. According to an article by Noel Jones in Genesis Block, this makes the country a prime candidate for widespread adoption of the all-digital currency, Bitcoin.
Like much of Africa, Kenya is without a robust technical infrastructure. For years, many Kenyans have relied on personal mobile technology for much of their communication and commerce.
Since 2007, the telecom provider Safaricom has run a mobile payment service called M-Pesa (the “M” stands for “mobile” and “pesa” is Swahili for “money”), which allows Kenyans to transfer funds and pay bills using only their cellphones. Recently, M-Pesa has gained widespread adoption—more than 30 percent of the country’s GDP now moves through the service. In turn, stores and restaurants have adapted to allow customers to pay with their M-Pesa accounts. The result is a country ideally suited for Bitcoin. Read more here: http://www.salon.com/2013/06/16/why_bitcoin_could_become_kenyas_official_currency_partner
Bitcoin At Porcfest, Part 0: Exploring Boston and New Hampshire
Vitalik Buterin | On 15, Jun 2013. In 2012, Josh Harvey made a post on the Bitcointalk forum with the following title: “Porcfest 2012: Biggest Bitcoin Event Ever.” Porcfest is one of two annual summits hosted by the Free State Project, a libertarian movement in New Hampshire with over 1,000 active participants, most of whom moved to the state to take part. The event is a week-long gathering on a campsite in northern New Hampshire, and every day is filled with a collection of liberty-themed panel discussions, music and games, and throughout the week there is a marketplace called Agora Valley, where merchants typically accept silver and gold as payment in addition to US dollars (or, as the locals prefer to call them, “federal reserve notes”).
In 2012, however, silver and gold were for the first time joined by their new upstart digital companion, with over 80% of merchants accepting Bitcoin as payment. “I talked to some of the ones that didn’t,” Harvey added, “and even they knew exactly what I was talking about. They were interested in doing it, but just hadn’t gotten set up yet.” This year, Bitcoin is expected to take on an even larger role at Porcfest. The Free State Project’s keystone charities, including Antiwar and the medical group Fr33Aid, have started taking Bitcoin donations, and the latter has even converted to being a purely Bitcoin-based organization.
But what is this Free State Project that has let Bitcoin consume it to such a great extent? The underlying objective is simple. In 2001, a number of libertarian activists, disappointed with their failures to get anyone elected inside the United States’ Republican and Democrat-dominated federal government, decided to try a different strategy: find a state that is (i) already very free in both personal and economic matters, and (ii) has a low population, allowing for smaller groups to achieve significant change, and convince 20,000 people to move to that state to actively influence local politics in a libertarian direction. New Hampshire proved to be the perfect candidate; its current population is only 1.3 million, allowing 20,000 movers to have significant control over state politics simply by playing the dominant and evenly matched Republicans and Democrats against each other, and as far as freedom is concerned one must only look as far as the state’s motto: “Live Free or Die”. - Read more here: http://bitcoinmagazine.com/bitcoin-at-porcfest-part-0-exploring-boston-and-new-hampshire
Sunday, June 16, 2013
Ed and Ethan's Bitcoin cast #17
We interview LibertyBit.com CEO Paul Szczesny to better understand why the exchange has temporarily suspended operations.
http://Libertybit.com/
Ethan comes out of the break looking at something that has nothing to do with bitcoin and we said we’d put the link in the show notes so here you go.
http://www.amazon.com/gp/product/B005…
It’s possible that we misunderstood a paper on how the IMF could approach bitcoin.
https://btcgsa.wordpress.com/?p=3&…
Is Kenya poised for wide scale adoption of bitcoin?
http://www.thegenesisblock.com/guest-…
France outlaws sending precious metals through the mail. Bitcoin users gain an edge.
http://www.zerohedge.com/contributed/…
A lot of stuffing in someone’s bra lands a couple of Canadian women in trouble.
http://www.courierislander.com/news/c…
It seems like people are losing confidence in big banks and are voting with their wallets. These people should be told about bitcoin.
http://www.guardian.co.uk/money/2013/…
Ed and Ethan's Bitcoin cast #17
[ Related Posts ]:
- Ed and Ethan's Bitcoin cast #1
- Ed and Ethan's Bitcoin cast #2
- Ed and Ethan's Bitcoin cast #3
- Ed and Ethan's Bitcoin cast #4
- Ed and Ethan's Bitcoin cast #5
- Ed and Ethan's Bitcoin cast #6
- Ed and Ethan's Bitcoin cast #7
- Ed and Ethan's Bitcoin cast #8
- Ed and Ethan's Bitcoin cast #9
- Ed and Ethan's Bitcoin cast #10
- Ed and Ethan's Bitcoin cast #11
- Ed and Ethan's Bitcoin cast #12
- Ed and Ethan's Bitcoin cast #13
- Ed and Ethan's Bitcoin cast #13
Bitcoin's Popularity on the Rise in China
By Amir G | Jun 16, 2013. With its seemingly ever-rising value since the beginning of 2013, the digital currency Bitcoin is skyrocketing in its popularity nowadays. This of course has its repercussions on the world of online gambling, displayed amongst others, with the recent actions carried out by the US Government to rule out a possibility of the usage of Bitcoin as a viable currency for online gambling by offshore US gambling operators.
Popularity in China
While the acceptance of Bitcoin's unregulated, decentralized character remains rocky by US authorities, Bitcoin's popularity seems to be on the rise in China. Only in May, Bitcoin client downloads in China surpassed their counterpart US downloads with a ratio of 85k Chinese client downloads opposite to 64k American downloads. This also has to do with the airing of a documentary about Bitcoin on national Chinese TV, in the beginning of May, which shed a positive light on the Digital Currency. - Read more here: http://www.onlinecasinoreports.com/news/gaming/2013/6/16/bitcoins-popularity-on-the-rise-in-china.php
Subscribe to:
Posts (Atom)
