Elizabeth Ploshay | On 10, Jul 2013. The Bitcoin community and user base continues to expand and businesses old and new are embracing this new digital, decentralized cryptocurrency to simplify the payment process and meet consumer needs. The quantity and variety of businesses accepting payment in Bitcoin continues to expand. From real estate sites to now watch factories, Bitcoin has been embraced to simplify payment and incentivize merchants to sell products and in turn deal with fewer transaction fees.
Just this week, Russia’s historical watch factory Raketa, began accepting Bitcoins. Raketa was founded in 1721 by Peter the Great and is the oldest factory in Russia. For almost 300 years, Raketa, formerly known as Petrodvorets Watch Factory, has produced and sold wristwatches to individuals in Russian and those around the world. Petrodvorets Watch Factory was renamed Raketa in 1961 to honor the World’s first cosmonaut Yuri Gagarin. Yuri was the first human to travel to outer space. - read more here: http://bitcoinmagazine.com/300-year-old-russian-watch-factory-raketa-accepts-bitcoins
Monday, July 15, 2013
300 Year Old Russian Watch Factory Raketa Accepts Bitcoins
Bitcoin London 2013: Cryptocurrency is the future of money, banking, and finance - Tuur Demeester
Tuur Demeester from MacroTrends opens the Bitcoin London 2013 conference with his views on Bitcoin and cryptocurrencies. The full text can be found on scribd: bit.ly/12JlRct
Bitcoin London 2013: Cryptocurrency is the future of money, banking, and finance - Tuur Demeester
China has a new wallet that can attract even more users to the cryptocurrency world
July 13, 2013 by Maria Santos. Chinese Bitcoin users have a new cryptocurrency wallet, which was launched this week. The free and open source software, created for the iPhone and Android devices, was designed by ASICME, a Beijing-based startup with just one month of history that is producing Bitcoin mining equipment in China.
Like any other, the app can be used to store your Bitcoins and spend them online or in real places. For now, ASICME guarantees it has no plans to use the software to earn money. According to its founder, the company’s main goal is to persevere and thrive and programs like this one can really help: with more users come more buyers. - Read more here: http://bitcoinexaminer.org/china-has-a-new-wallet-that-can-attract-even-more-users-to-the-cryptocurrency-world
Do we need Satoshi Nakamoto’s face on a physical bitcoin?
Published On July 14, 2013 at 16:35 BST | By Jonathan Levin. Mark Carney’s initiation at the Bank of England last week coincided with two tech conferences in Canary Wharf about the future of money. Yet the biggest story released during his first week as governor was preventing the removal of women from the face of our English banknotes.
He argued that “our notes should celebrate the diversity of great British historical figures and their contributions in a wide range of fields”. Indeed, fiat currencies around the world contain the images of their popular public figures.
Since 1971, the Bank of England has taken suggestions for future banknotes. Bitcoin, of course, has no historical figure, and instead appeals to its analogy with the gold standard. As Mark Carney realised this week we have to pick our historical references carefully. Bitcoin is no different. - Read more here: http://www.coindesk.com/do-we-need-satoshi-nakamotos-face-on-a-physical-bitcoin
Bitcoin's Future - R Helwig, J Stevens, D Tapp, J Harvey, T Warmke - PorcFest X
Will it revolutionize money worldwide or remain an obscure commodity for geeks and libertarians? What are the biggest challenges it faces before widespread adoption? What current vulnerabilities need patching? Listen to four panelists give their view on what the future holds for Bitcoin.
Bitcoin's Future - R Helwig, J Stevens, D Tapp, J Harvey, T Warmke - PorcFest X
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