Constructive Reflections on Bitcoin in the Beltway

This past month was the Bitcoin in the Beltway Conference held in Washington, D.C. The event was planned by Jason King, who recently ran 3,214 miles on a tour called “Bitcoin Across America”. The Conference took place at the Marriott Renaissance in Downtown D.C. and proceeds went to King’s organization, Sean’s Outpost, a homeless outreach…

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Weekly Round Up: Butterfly Labs buys Buttcoin.org, Rakuten hints at Bitcoin and New York reveals BitLicense

Welcome to Bitcoin Examiner’s latest weekly round up with the most important news of the last seven days. Butterfly Labs anonymously buys Buttcoin.org to remove “scam article” In an unexpected marketing move, the Bitcoin mining hardware manufacturer Butterfly Labs anonymously bought the well-known website Buttcoin.org. The domain is famous for its criticism and funny approach on serious cryptocurrency-related matters,…

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Online Education Meets Bitcoin with Skilljar

Skilljar (www.skilljar.com), a Seattle-based online courseware platform, announced today that instructors using its course platform are now accepting payments in Bitcoin. Skilljar is used by online education instructors to deliver classes directly from their own websites, with topics ranging from yoga to computer programming.   Bitcoin Comes to Online Courseware Instructors on Skilljar’s platform are automatically…

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Bitcoin Explained to the Retired Folks

This article is intended as an introduction to the concepts of bitcoin that might be of interest to those people that are retired. The reader is expected to have only basic internet web browsing and email knowledge.  The questions and answers are given in “layman” terms. What is Bitcoin ? Bitcoin is a new kind of…

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Bitcoin Megaphone and Anonymous Affiliates

A little while back I reported on a fascinating project I had been following. I have continued to follow this project with interest. As the world’s first Bitcoin-powered pay-per-character publishing platform, Bitcoin Megaphone peaked my interest. Truly innovative and original ideas in the space can be difficult to come by, even with so much happening.…

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Bitcoin Magazine and College Cryptocurrency Network Team Up for Special Back-to-School Issue

JULY 16, 2014 – Bitcoin Magazine and the College Cryptocurrency Network (CCN) are pleased to announce the first ever, “Back-to-School with Bitcoin” issue this coming September! Guest-edited by CCN Executive Director, Jeremy Gardner, this issue of the magazine will be dedicated to covering youth in bitcoin, perhaps the most important demographic in bringing blockchain technology to…

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How Cryptocurrency Opened the Software Industry

Open source technology is fundamental to the cryptocurrency movement, and that’s a good thing. Bitcoin wouldn’t have the same appeal if it were copyrighted by a company, or if any of the underlying code were hidden from the public. The free and transparent nature of open source projects was necessary for the success of Bitcoin, and…

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Japanese retail giant Rakuten ready to accept Bitcoin “sooner or later”

The Japanese retail giant Rakuten might start accepting Bitcoin soon, according to an announcement made this Monday (14th) by the company’s CEO, Hiroshi Mikitani. According to the newspaper Mainichi Shimbun, Mikitani said that his company will probably accept Bitcoin “sooner or later”. Rakuten owns Japan’s biggest and most important online retail group, working with a network composed…

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Finnish project plans to use TV network to broadcast Bitcoin data

A new Finnish project is about to accomplish its ambitious mission within the Bitcoin ecosystem: the Koodilehto KryptoRadio project wants to broadcast Bitcoin-related transactional data around the world using digital television transmissions or, in other words, Digital Video Broadcasting – Terrestrial (DVB-T) networks. According to the project’s website, the signal will transmit Bitcoin transaction data in real time, creating…

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Butterfly Labs anonymously buys Buttcoin.org to remove “scam article”

In an unexpected marketing move, the Bitcoin mining hardware manufacturer Butterfly Labs anonymously bought the well-known website Buttcoin.org. The domain is famous for its criticism and funny approach on serious cryptocurrency-related matters, but the situation seems to have changed with the recent acquisition. The biggest example is the change in one of Buttcoin.org’s most famous stories: previously an online search…

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Weekly Round Up: Beepi and Grooveshark accept BTC, Ukranian Bitcoiners enjoy easy purchases and BitPay launches Copay

Here is Bitcoin Examiner’s latest weekly round up with the most important news of the week. US Consumer Bureau promises to watch Bitcoin more closely The United States Consumer Financial Protection Bureau (CFPB) has pledged to follow Bitcoin and other digital currencies more closely. The order came from the Government Accountability Office (GAO). The office, considered the investigative…

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Bitcoin Security Company BitGo Raises $12 Million

Bitcoin Security Pioneer BitGo Raises $12 Million in Series A Financing from Redpoint Ventures, Stratton Sclavos and Syndicate of Leading Bitcoin Investors Former Verisign CEO and Other Online Finance Luminaries Join Forces With BitGo to Shape Future of Digital Money BitGo™, the leading Bitcoin security platform, today announced it has raised $12 million in Series…

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Bitcoin Central & Eastern European Conference

The Bitcoin Central & Eastern European Conference will take place on September 11 and 12 in Ljubljana, Slovenia. The aim of this conference is to address Bitcoin’s future and business opportunities. Speakers include and are not limited to Radoslav Albrecht, CEO & Founder of Bitbond, Stephan Tual, Head of Communications at Ethereum, Jesse Heaslip, CEO…

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The #1 Problem Bitcoin Will Solve by 2015

Cryptocon is a cryptocurrency summit and barcamp being held in Sydney and Singapore this July. The event will play host to entrepreneurs, investors, enthusiasts and thought leaders in the digital currency space. The emphasis will be on regional leaders of this emerging technology. As an introduction to the event, and to promote awareness, Cryptocon recently…

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Brazil World Cup Gets Unique Bitcoin Bookies

A unique Bitcoin betting service for the Brazilian World Cup 2014 has launched, with a unique approach for the gambling world: Bitcoin bookies. Bitkup, which offers home-grown sweepstakes for the tournament due to kick off in two weeks’ time, is setting itself apart from traditional services both in its structure and hard figures, while its…

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Satoshipoint Launch Party, ATM’s in the UK!

As recently discussed, SatoshiPoint recently launched their first 2 ATM’s in London and the 1st ATM outside of London in the UK, located in Bristol. The launch party was graciously supplied by SatoshiPoint, drinks and food were freely available and of quite a quantity, needless to say, there were a few tipsy people by the end…

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Swarm Redefines Crowdfunding

There has been a lot of talk in recent months regarding the role of cryptocurrency for the future of crowdfunding and equity creation. A new company is taking a different, and seemingly more widespread approach to cryptoequity and community funding of early stage projects and business ventures. This new platform, called Swarm, is co-founded by…

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Bitcoin entrepreneur Erik Voorhees charged by the Securities and Exchange Commission

The United States Securities and Exchange Commission (SEC) announced this Tuesday (3rd) that Erik Voorhees, founder of websites like the well-known SatoshiDICE, is being charged for publicly offering shares in two Bitcoin-related ventures without registering them.  Voorhees is known in the cryptocurrency community for being the founder of two famous platforms: SatoshiDICE and FeedZeBirds. While the…

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CoinGecko: Buy, Sell or Hold

Just got dumped? We all know the feeling: you read an article promising wonders, getting all pumped up and then… Well, the one thing that nerds love, data, is helping to solve this social problem when it comes to getting dumped in the world of alternative currencies. In an era of numerous altcoins, deciding which…

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Remittance Relief

“[Bitcoin] produces a market that’s international, that everyone has access to, regardless of race, religion, creed…” – Amir Taaki There is a lot of talk recently of the power Bitcoin has in changing the remittance market.  A remittance is a transfer of wealth from one person to another, mostly amongst the world’s poor. Zach Ramsay…

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50 Cent Catches the Bitcoin Bug

50 Cent announced today that he will sell his new album Animal Ambition for bitcoin through BitPay. As 50 Cent will not be the only artist interested in providing bitcoin as a payment option, BitPay makes it easy for artists to accept bitcoin. 50 Cent is using a Shopify store to sell his latest album…

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John Law Gambles with Bitcoin

This article was first published in Issue 16 of the print edition of Bitcoin Magazine.  Today, John Law is often hailed as one of the greatest financial innovators of all time. What would he say about Bitcoin and other digital currencies? Let’s take a look at this enigmatic man to discover how yesterday’s financial innovations shed…

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Breaking: Apple to Allow Bitcoin Apps in App Store

BREAKING NEWS – In a landmark move, Apple has updated its developer guidelines to officially allow apps that transact in Bitcoin and other virtual currencies. According to the Developer Guidelines section 11.17: Apps may facilitate transmission of approved virtual currencies provided that they do so in compliance with all state and federal laws for the territories in which the app…

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Bitcoin 2014: Building the Digital Payments-network (reflections on a million-dollar conference)

A Dutch version of this article originally appeared on Coincourant. “The reason I am so committed to Bitcoin and crypto, is that crypto can solve the problem that centralized organizations present to society.” Overstock CEO Patrick Byrne’s fiery opening speech at Bitcoin 2014 is geared straight at the libertarian spirit of Bitcoin-hardliners. In his philosophical…

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The Montreal Economic Institute Addresses Bitcoin

The Montreal Economic Institute (MEI) has released an economic note on the state of Bitcoin regulation in Canada and around the world. The MEI is an independent research and education organization which, according to their website, “stimulates debate on public policies in Quebec and across Canada by proposing wealth-creating reforms based on market mechanisms.” In…

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Bitcoin in Botswana

Africa is often touted as the region most likely to benefit from Bitcoin. However, for the most part, the technology has yet to take off in any meaningful way. A recent survey by mobile platform Jana interviewed 1,800 people across 9 emerging markets. This included respondents from Africa’s leading market, South Africa. Of the survey…

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Tax and Bitcoin in Australia

Bitcoin adoption is increasing globally. Global jurisdictions are working through the tax implications for business and consumers. In Australia the local Bitcoin Association (BAA) is currently working with the relevant authorities, exploring the tax outcomes which are most appropriate. The following represents a summary of the full position paper prepared by the BAA for presentation…

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Live Brainstorm on Reddit

We are currently printing Issue 21 and for one issue we’ll be changing gears and brainstorming a reddit themed issue live on reddit. The issue will have stories that introduce reddit to those who aren’t familiar with the site, talk about the Bitcoin subreddit’s influence on Bitcoin, and much more. We’ve gotten a great response from…

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DISH starts accepting Bitcoin and claims to be the largest crypto-friendly company so far

The well-known brand DISH has just turned into the first subscription model pay-TV provider to accept Bitcoin, thanks to a partnership with Coinbase.  Watching premium television programs and paying the bill with digital money is now possible, as the American direct-broadcast satellite service provider recently partnered with the payment processor Coinbase. DISH will be using the platform’s…

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MIT’s Bitcoin Expo and the Students Behind It

MIT’s students have made the news again. Dan Elitzer, president and founder of MIT’s Bitcoin Club, and Jeremy Rubin, a sophomore in Electrical Engineering and Computer Science, have organized the MIT Bitcoin Expo which will be held this Saturday, May 3rd at MIT’s Compton Laboratories Building 26-100. The talks start at 12:00pm and will feature…

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Investment without Banking

Imagine, for a moment, you were a new member of China’s growing middle class, and looking to invest your savings. You’ll soon discover that without political connections, your investment opportunities are limited to a filtered selection of domestic companies; lucrative companies are listed elsewhere, and only available to foreigners, state officials, and their friends. If…

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Security – Never Forget

Unfortunately, those of a criminal nature (usually theft) often do not care who their targets (victims) are, whether they be little old grannies, or your local Bitcoin self made millionaire. Roger Ver (“Bitcoin Jesus”) recently became the target of a hacker, and not of the nice variety of hackers out there. He quickly posted a…

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Profiles in Bitcoin Outreach: Will Pangman

Passion is a trait not difficult to find among bitcoin enthusiasts. In my experience, however, few others come close to the passion and dedication of Will Pangman. His sincerity in wanting to spread the glory of bitcoin is incomparable. Pangman is the Chief Communications Officer at Tapeke, a cryptocurrency personal finance platform; the founder of…

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Weekly Round Up: Schiff and Assange on Bitcoin’s side, 6 desktop wallets at your disposal and a new Danish exchange

Here is Bitcoin Examiner’s newest weekly round up with the most important news from the past week. SJ Earthquakes are the newest Bitcoin-friendly professional sports team The San Jose Earthquakes have partnered with Coinbase in order to become one of the world’s first professional sports teams to accept Bitcoin payments in their stadium. The first crypto-experience happened this week when…

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Which is the best Bitcoin desktop wallet?

More than five years after the birth of Bitcoin, millions of people around the world still wonder what this awesome innovation is and what it can bring to the world. Well, before we start talking about that and especially before you start thinking how much cryptocurrency you are going to buy, there is something else…

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The Role and Future of Altcoins

Just the name “altcoin” evokes a sense of disdain–altcoin, as in “alternative to Bitcoin,” a copycat late to the scene. Why do we persist in using such terminology when altcoins and Bitcoin are all cryptocurrencies of the same basic category? Many long-time Bitcoiners accuse altcoin developers of pump and dump schemes, longing to be early…

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SatoshiPoint Bitcoin ATMs UK

More Bitcoin ATMs for the UK Bitcoin now has multiple dedicated Bitcoin ATMs in London, allowing the public to buy and sell Bitcoin for cash. This makes London one of the leading cities for these machines globally. UK Bitcoin based startup SatoshiPoint has just announced the installation of three Robocoin ATMs that will be live…

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Bitcoin is on Speed

Eight hours of sleep is too long to be disconnected from the ever-changing crypto landscape. Currency urgency permeates business dealings, investor interests and journalistic pursuits. We are literally involved in a world that is changing at a truly phenomenal rate. Try to keep up, will you? The Speed of Business If “The Social Network” taught…

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Twenty Mind-Bending Secrets About Bitcoin

This article will introduce some of bitcoin’s Mind-Bending amazing abilities only few people know. As you read this list, remember your favorite so can impress your friends with your new incredible bitcoin knowledge.   1.  Fun with programmable money     Bitcoin wallets are like personal debit cards that you can create and assign yourself to store your bitcoin.…

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Putting the Blockchain to Work For Science!

Buried beneath the myriad of indistinguishable pump-and-dump altcoins, every now and then a cryptocurrency is born that truly revolutionizes the field. While this doesn’t necessarily obsolete Bitcoin–the protocol can be upgraded at any time–it’s important to examine these new coins in order to keep up the pace of innovation. Take Gridcoin, for example. Some background:…

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BloomNation – Disrupting the Flower Industry

Businesses that accept Bitcoin are blooming up everywhere. Sometimes it can irk me that some businesses accept Bitcoin but do nothing to promote it; however, this is not the case for the co-founders of the budding flower marketplace, BloomNation.com. I spoke with two of the co-founders, Farbod Shoraka & David Daneshgar; unfortunately their other co-founder,…

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Bitcoin 2014 Roundup

Well I attended Bitcoin 2014 in Amsterdam and it was a blast. I met lots of people who I’ve been emailing/skyping with over the last six months so that’s always fun. The conference had a few keynote talks for all and all the rest was broken out into four parallel tracks, which is always annoying…

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Inside Bitcoins Conference Heads to Asia

As Bitcoin is becoming a household name around the world, the Inside Bitcoins Conference series is hosting conferences around the world with the next stop in Hong Kong on June 24-25. Mediabistro issued the following press release: Inside Bitcoins Conference Heads to Hong Kong to Demystify the Myths and Spur Wider Adoption of Bitcoin Across Asia…

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All About AirBitz With Paul Puey

Don’t you wish there was a resource that knew all the businesses that accept Bitcoins in your area? WelI I had a chance to talk to Paul Puey, the CEO/ Co-Founder of Airbitz, a Bitcoin wallet and business directory that does just that. Their web-based business directory went online on Mar 17. The iOS app…

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Bitcoin Shows Off

Movements succeed with numbers. Many people must partake to create the change we want to see. Bitcoin has come a long way since its introduction in 2009, and we are currently in mainstream media almost daily. Both the American and Canadian Senates are investigating our beloved virtual currency. However, we still have a long way…

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Weekly Round Up: Bitcoin embassies in Europe, Bank of Canada’s anti-crypto stance and a special partnership

Let’s remember the biggest news of the past week with Bitcoin Examiner’s latest weekly round up. Artist releases Bitcoin song while China forces media to ignore summit Zhang Zhang clearly does not share the same vision as the Chinese financial authorities when it comes to Bitcoin. The Chinese musician recently released a new very special song…

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Bitcoin ATM Genesis1 lands in Queensland

Queensland-based Bitcoiners can already buy and sell cryptocurrency without leaving the Australian state thanks to the new Bitcoin ATM that was recently installed in South Brisbane. The machine, which can be found at The Roastery Cafe (25, Glenelg Street), is a Genesis1, manufactured by GenesisCoin. ”There’s a lot of people who have been waiting for this. There’s Bitcoiniacs who have…

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BitPay helps Toshiba VisualTouch POS system to accept Bitcoin

The world leader in business solutions for the Bitcoin economy, BitPay, has partnered with VisualTouch, Toshiba’s premiere POS software solution, currently used by more than 6,000 merchants spread across 1,600 locations. The integration with the point of sale system will allow cryptocurrency to reach thousands of new businesses and even more users in the hospitality, food, grocery,…

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A Ripple Gateway in Mexico

Mexican Bitcoin Exhange Bitso has officially launched as the first Ripple Gateway in Mexico. Bitso will be the first issuer of Mexican Peso (MXN) balances on the Ripple Network. The company intends to use the unique characteristics of the Ripple network and protocol to tackle the remittance market between Mexico and the US. Bitso is…

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Thinking in Transactions

This post is also in issue 18. Every Bitcoin transaction runs a small program that describes under which conditions the transaction is valid. This surprising behavior can be exploited to construct a variety of contracts on top of bitcoin. In this article you will learn how basic transaction scripts work in principle. A new transaction…

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Bank of Canada’s newest report says Bitcoin can bring “risks to overall financial stability”

A new report released by the Bank of Canada (BoC), the country’s financial authority, launched the latest warning against Bitcoin: according to the document, the widespread adoption of the world’s most famous cryptocurrency could undermine the stability of the current financial system. The authors of the report, entitled “Understanding Platform Based Digital Currencies”, believe “there could be…

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Colored Coins Come to Life in CoinPrism & Open Assets

May 13, 2014 (Dublin, Ireland) – The Irish company who released the prediction market Predictious last year is now unveiling their brand new colored coins wallet Coinprism, as well as the Open Assets protocol (http://openassets.org). Open Assets is a new generation Crypto-protocol based on Bitcoin. At the core, Open Assets is simply an implementation of the…

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First Bitcoin Exchange to Accept Gold

Plenty of gold dealers accept Bitcoin, but early this month, QuadrigaCX became the first Bitcoin exchange to add gold to its roster. Alongside CAD, USD and XBT, clients in Canada can now buy and sell XAU (gold). Users can now both deposit and withdraw funds into their accounts via gold bullion, shipped or in person.…

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Bitcoin Needs Employers, Not Merchants

Disclosure: the author of this article is a partner at KryptoKit One of the more exciting things to come out of the Bitcoin economy in the last month is the sheer number of new merchants that are accepting it. In the past week alone, we have the Scottish tech store CeX accepting Bitcoin for one…

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Bitcoins: Made in China

[Note: click here for a PDF version] Abstract: The discussion over the actual costs of maintaining a decentralized seigniorage network is a new area of research. In practice it appears that the logistical cost of operating the Bitcoin network rises linearly with its total value. More efficient mining gear does not reduce energy use of…

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Bitcoin ATM fever: a list of 8 different machines

The mass adoption of Bitcoin encouraged many tech-savvy entrepreneurs to invest in new types of software and hardware and the many cryptocurrency ATMs spread across the world confirm that tendency. Bitcoin Examiner gathered information about eight different ATMs. Some are more expensive, some offer less possibilities, some have an impressive brand behind them… However, in…

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A New Benchmark for Scrypt Mining

The technology of Scrypt mining ASICs has exploded in the past year and many believe that 2014 will be the year for mining scrypt based currencies like Litecoin, Dogecoin and Auroracoin. For a company like Bliss Devices, these advancements are providing individuals with innovative chips, faster hashing and lower cost of ownership. In fact, Bliss…

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Storage Meets Usage with New Bitcoin Development

The latest Bitcoin development just might revolutionize the popular cryptocurrency, fueling the largest cryptocurrency network. Last week, a company known for offering a secure place for customers to safely store their bitcoins has expanded into new territory. In the past, Xapo’s objective has been to build trust in the cryptocurrency industry by providing a secure…

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The Right Kind of Privacy

Bitcoin is unique in its approach to privacy. Uneducated observers lament its advantages for illicit activities, but the blockchain keeps track of every transaction and who has how much coin. The revolutionary part of this system is the fact that one must divulge his or her Bitcoin address to lose anonymity, which leaves us with…

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Bitcoin the Environmentalist

A lot has been made of Bitcoin’s environmental impact. With the mining network now more powerful than all of the world’s top supercomputers combined, it’s understandable that some people would become concerned about power consumption and waste. Shouldn’t there be a better way to do this, and is it even worth it, at all? First,…

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An Open Source World

“If you can, you should.” Never has this phrase been more applicable than in the realm of open source technology. For those not in the know, “open source” refers to any code or blueprint that has been deliberately made available for reproduction–basically, one not subject to copyright restrictions. Bitcoin, of course, is a prime example.…

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Weekly Round Up: New Australian fund, Japanese bank against Bitcoin and the Foundation’s controversial choices

Check out the latest Bitcoin Examiner’s weekly round up. Business accelerator 500 Startups will fund five Bitcoin companies Coinalytics, Bonafide, GogoCoin, Monetsu and Neuroware. These are the five Bitcoin-related firms chosen by the early-stage startup accelerator and investor 500 Startups to integrate the organization’s latest growth program. These cryptocurrency-related companies are among the 29 firms that…

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Mycelium: The Definitive Android Wallet

One of the most important strategies for the best Bitcoin adoption is smartphone wallets that give people and business the possibility of making a transaction anywhere. You can choose between different android bitcoin wallets such as Coinbase (50-100k users) or Blockchain.info (50-100k users) which store your private keys. Or choose Bitcoin Wallet (100-500k users) or…

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Bobby Lee and Brock Pierce replace Shrem and Karpeles at the Bitcoin Foundation: choice causes controversy

Brock Pierce and Bobby Lee Bobby Lee and Brock Pierce are the two names chosen to join the Bitcoin Foundation’s board of directors. The popular CEO of the exchange BTC China and the venture capitalist were recently elected, but the decision is already begetting a wave of controversy. The election initially included three candidates. Besides Lee…

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Announcement of the Miner’s Manifesto

Bitcoin miners and all cryptocurrency miners play a very important role in our community. They set up miners, incur electricity expenses, and deal with mining companies to ensure that we all have the freedom to transact securely with digital currencies. As more miners plug in their equipment, our networks are protected from double spend attacks.…

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Crypto-anarchists Versus Government, Who Will Win The War to Regulate Bitcoin?

Earlier this year Benjamin Lawsky, New York’s financial services superintendent, said he intended to initiate the biggest move towards regulating bitcoin. Lawsky told CNN Money that he planned do this by administering “BitLicenses” to companies dealing with bitcoins, allegedly to protect the public from fraud. Without explaining how exactly, Lawsky said he’d impose regulation on…

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Bitcoin at Vancouver Car Free Day

Car Free Day Vancouver is taking place in mid-June on Main Street. The event occurs on Father’s Day each year (June 15), and is entirely volunteer organized and for years has been promoting car free transportation in Vancouver. The event has a history of community involvement, moving the city into the future and inspiring others…

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You Say Bitcoin Has No Intrinsic Value? Twenty-two Reasons to Think Again.

Intrinsic Value Defined: Let’s agree what the term “Intrinsic Value” means. For this article we will use the common Wikipedia entry for the intrinsic theory of value. This is found at: http://en.wikipedia.org/wiki/Intrinsic_theory_of_value An intrinsic theory of value (also called theory of objective value) is any theory of value in economics which holds that the value of an object, good or service, is intrinsic or…

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CryptoCurrency Castle Consummated

Grand Castle Malla Becomes the Bitcoin Supernode Perpetual Conference Center Manor House of Bitcoin Baron, Risto Pietila One thing we can do to beautify this planet, is preserve our valuable heritage, at times enabling it to shine even brighter. Whether it’s centuries-old buildings or natural landscapes, they can definitely provide some of the most conducive…

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Funding Software with Bitcoin and Bountysource

This week the popular funding platform Bountysource announced that it will accept Bitcoin for developer and software funding efforts. Bountysource is a funding platform for open-source software, and is a place where users can improve the projects they are passionate about by creating or collecting bounties and pledging to fundraisers. By using the platform, developers…

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Cinco de Bitcoin

Cinco de Mayo 1862 – Mexico’s army came to an unlikely victory over the French at the Battle of Pueblo. Today, Mexico’s army of Bitcoiners are fighting to revolutionize the financial system. Mexico is a key market for Bitcoin because Mexico is the fourth largest destination for remittance payments, totaling about 22 billion USD in…

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Bitcoin Magazine SALE!

Bitcoin Magazine is now offering a reduced price per magazine onAmazon USA,Amazon Germany andAmazon UK. We are now only charging 5USD, 3.11 GPG and 3,65 Euros per magazine when purchasing directly through Amazon.com. As we are currently printing our 20th Issue, Issues 1 through 20 are available on Amazon for you to enjoy. Since we first…

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Do Not Let Bad Businesses Hijack Your Bitcoin

Before one is to get involved in Bitcoin, it is imperative to understand what makes Bitcoin unique. Bitcoin is a decentralized peer-to-peer currency that does not rely on a central government, central company, central bank, and doesn’t have a central point of failure. Bitcoin is also a trustless system where individuals involved in the ecosystem…

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BitPay at the Bitcoin Job Fair, Working for Bitcoin

The first ever Bitcoin Job Fair was held at the Plug and Play Tech Center in Sunnyvale, CA. This landmark event symbolizes the growing job market surrounding the Bitcoin ecosystem.  For individuals looking to start a career in the alternative currency space, this job fair presents massive opportunity with a diverse set of Bitcoin businesses.…

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Business accelerator 500 Startups will fund five Bitcoin companies

Coinalytics, Bonafide, GogoCoin, Monetsu and Neuroware. These are the five Bitcoin-related firms chosen by the early-stage startup accelerator and investor 500 Startups to integrate the organization’s latest growth program. These cryptocurrency-related companies are among the 29 firms that made the most recent list of chosen startups. They will receive up to $250,000 in funding, as well…

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Announcing World’s First Bitcoin Job Fair

The world’s first ever Bitcoin job fair is set to launch in Silicon Valley on May 3, 2014, featuring numerous employers and sponsors, both eager to spread the word on the increasingly popular cryptocurrency. The event is scheduled from 1:00 p.m. – 5:00 p.m. (PST) at 440 N. Wolfe Rd. in Sunnyvale, Calif., and will…

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Dark Wallet Alpha Released

This article originally appeared on http://newsbtc.com/2014/05/01/dark-wallet/ May Day, May Day, it’s about to get dark. Dark Wallet (Alpha), the bitcoin wallet software that uses the power of encryption and technology of CoinJoin, has been released. The legality of coin mixing services is still unclear, and the fact that some coin mixing services go by names…

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Bitcoin ATM Pops Up in Amsterdam

Located in a coffee shop in the city of Mokum, a short walk from the Amsterdam Centraal railway station is a brand new Bitcoin ATM. This new addition has sparked the attention of many crypto enthusiasts, and put Mokum on the map as a city that promotes the use of Bitcoin in Amsterdam. The coffee…

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CeBIT Australia – Accepting Bitcoin

CeBIT Australia, the country’s largest business technology event, is now accepting Bitcoin as payment using Australia’s leading merchant services provider BitPOS from 5-7 May at Sydney Olympic Park. Gilad Greenbaum, Business and Technology strategist for CeBIT Australia, says: “Bitcoin is an innovative technology that offers a fast, secure and cost effective form of online payment,” …

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MIT’s Bitcoin Expo and the Students Behind It

MIT’s students have made the news again. Dan Elitzer, president and founder of MIT’s Bitcoin Club, and Jeremy Rubin, a sophomore in Electrical Engineering and Computer Science, have organized the MIT Bitcoin Expo, which will be held this Saturday, May 3rd at MIT’s Compton Laboratories Building 26-100. The talks start at 12:00pm and will feature Gavin…

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Menufy Integrates Bitcoin

Menufy – latest food delivery provider to start accepting bitcoin. The site provides online ordering for restaurants across the US. Menufy has integrated with Coinbase. Users can now pay for delivery or takeout orders using Bitcoin. The site boasts close to 400 locations across the US and is constantly adding new locations. Menufy offers an online…

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Rise of the Altcoin Wars

Rise of the Altcoin Wars The Past, Present and Future of Altcoins By Mark Rees The following article illiterates how survival of the fittest and game theory will likely halt bad altcoins from tricking people out of honest money. History: From the “Sacred text of Bitcoin” – Book of Mark, Chapter 1 verse 1 In…

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How One Company Simplified the Wallet Address

There is a new wallet that has surfaced recently that allows users to send Bitcoin and many other digital currencies by using a web address. This new service, bitcoinwallet.com, gives users the ability to personalize their payment address in a manner similar to a Tumblr or hosted web address. The Bitcoin Wallet platform makes sending…

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CoinMyne – Rethink the Way You Mine

When it comes to mining, most people tend to focus on the hardware: how fast it is and how long until it becomes obsolete. As mining operations get larger and difficulty increases with ever faster hash rates, the ability to manage your operation becomes a more difficult task. Small adjustments to hardware or the ability…

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Mexico is loving Bitcoin: Fundación Satoshi Nakamoto and new exchange arise

A new cryptocurrency exchange and the opening of the Fundación Satoshi Nakamoto, the newest affiliate of the Bitcoin Foundation, have officially turned Mexico into a (even more) Bitcoin-friendly country. “While governments around the world are trying to understand Bitcoin, Mexicans are using Bitcoin to purchase everyday necessities like food, clothing, and even healthcare”, the Bitcoin Foundation announced…

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Madison’s MobCraft Combines Crowdsourced Craft Beer and Bitcoin

Wisconsinites love their beer, and several craft breweries call Madison home. Among them is MobCraft, a brewing concern quickly earning a reputation not only for stunning original beers, but also for a truly distinctive business model. For starters, MobCraft’s brews are crowdsourced. The team monitors the “social popularity of each beer recipe through different channels of social…

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Mt. Gox Shouldn’t Stay Down…Or Should It?

Mt. Gox’s petition for bankruptcy protection during a proposed reorganization was rejected two weeks ago by a Japanese bankruptcy court. As a result, the beleaguered exchange has been ordered into liquidation. Unless or until CEO Mark Karpeles makes himself available in person to provide a deposition to courts in the United States, the same is…

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CoinPip brings SMS Bitcoin Wallets to Asia

Singapore-based Payment Solutions Provider CoinPip has teamed up with 37Coins to  bring an SMS wallet to the region. CoinPip is excited to offer the opportunity for consumers to pay in bitcoin from absolutely any mobile device with SMS functionality. The company has gained attention with their BOOST events, promoting Bitcoin throughout the region in an…

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Paying with Bitcoin at the Gas Pump

Bitcoin may be coming to a gas station near you thanks to Andy Schroder’s Bitcoin Fluid Dispenser II. For commodities like oil and gas, this innovation could help streamline the end of the supply chain and in turn, increase the usability of cryptocurrencies. So far, there are a few companies at the forefront of Bitcoin…

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Bitcoin’s Place in a Planetary Culture

You can hate globalization or love it. But you cannot deny that, today, we are living in the most interconnected global society the world has ever known. For the first time in human history, almost everyone in the world has reasonable access to near-instant communication with the rest of the planet. Pondering the consequences of…

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New BTC-O-MATIC vending machine arrives in Amsterdam

Amsterdam was already a Bitcoin-friendly city, but the new cryptocurrency ATM in town will surely improve this status. The machine, manufactured by the startup company BTC-O-MATIC, can be found at the coffee shop Courtyard of Wise, located near the Amsterdam Centraal station. Courtyard of Wise The information was recently revealed by the website CoinCourant.nl. The firm is currently developing…

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Weekly Round Up: France taxes Bitcoin, D. Nakamoto accepts donations and cryptocurrency “goes” to space

Welcome to Bitcoin Examiner’s latest Weekly Round Up with the biggest news from the past week. French Bitcoiners plan to create La Maison du Bitcoin There is a new Bitcoin-related project set to be developed in France that is creating a buzz in the cryptocurrency ecosystem. The first European physical Bitcoin Center might be a reality soon.…

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Crossing Borders for Bitcoin

People usually immigrate to a new country for a variety of sociopolitical reasons, most of which can be summed in the big, capital letter kind of ideas: Freedom. Opportunity. Wealth. Prosperity. To that list I would like Bitcoin and Litecoin. Yes, people are crossing borders for these cryptocurrencies, but it’s not for the reasons you…

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M.K. Lords interviews Michael Malice on his new book Dear Reader: The Unauthorized Autobiography of Kim Jong Il

This interview first appeared at Bitcoin Not Bombs. Michael Malice’s book Dear Reader: The Unauthorized Autobiography of Kim Jong Il is a darkly humorous peek into the mind of one of the most brutal dictators in recent history. Weaving North Korean propaganda into a new literary genre–the unauthorized autobiography–Malice has created a work that forces…

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Web 3.0 – A Chat With Ethereum’s Gavin Wood

Six months ago Ethereum was an ambitious white paper committed to a thorough re-imagining of the ‘Bitcoin 2.0’ space. With a sincere desire to mould the blockchain in his own image Vitalik Buterin, our resident tech. wizz, penned the concept. Since inception the project has benefited from some key strategic partnerships and an unparalleled press…

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U.S. Navy Preparing Bitcoin Battalion

Bitcoin Battalion Back in December we reported that the United States Air Force has quietly been working on a Bitcoin payment gateway otherwise known as a “snack machine” (yes you read that correctly). We also discussed that “currency is like another class of supply, a commodity required to execute the battle.” Recently, United States sanctions…

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Andreas Antonopoulos “delivers” thousands of Bitcoin donations to Dorian Nakamoto

Dorian Nakamoto, the man Newsweek wrongfully dubbed as the creator of Bitcoin, recorded a message to thank the cryptocurrency community for their generous donations. The initiative, now known as the Dorian Fundraiser, was organized by Andreas M. Antonopoulos, Blockchain.info’s chief security officer. Antonopoulos published the message on YouTube. Although he does not speak during the video, he stated…

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So Very Wow! Dogecoin Sponsors a NASCAR Racer

Dogecoin has become a very popular cryptocurrency since it was introduced in December 2013. Since then, this currency based on the popular internet meme has been widely used as a “tipping” system for dogecoin Reddit users, while also acting as a successful medium for crowdfunding campaigns. The internet meme features funny, nonsensical and misspelled captions…

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Weekly Round Up: new ATMs in Korea and China, BTC-e attacked and Mt. Gox’s change of plans

Here is Bitcoin Examiner’s latest weekly round up! New Bitcoin ATM pops up in South Korea A new Bitcoin ATM that allows the users to buy and sell cryptocurrency has recently been installed in Seoul, South Korea. The machine was developed by the exchange Coinplug within a partnership with the well-known company Nautilus Hyosung, an international brand dedicated to…

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Mt. Gox To Be Liquidated

A Japanese bankruptcy court declared this week that collapsed Bitcoin exchange Mt. Gox will not be permitted to reorganize and therefore must enter liquidation. The court rejected Mt. Gox’s petition (similar to a Chapter 7 filing in the United States) on the grounds that the plan of reorganization submitted by Mt. Gox is unlikely to…

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Bitcorati: A Hub For the Bitcoin Community

  A major problem with adapting Bitcoin as one’s main currency is the difficulty in making trust-less transactions. Don’t get me wrong; the technology and network behind Bitcoin aren’t the problem. It’s the disconnect between the network of people that two parties may share that can create concern. There is still an issue with making…

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Everything is Starting to fall in place for Bitcoin

Written by Ivan Raszl,GM of MediaBistro, blogger at Bitcoin Owl and associate at Inside Bitcoins Conference. Originally posted at http://bitcoinowl.com/everything-starting-fall-place-bitcoin Bitcoin is a fairly new phenomena. Nobody at this stage can be sure if it will survive its infancy. But, if we look at the major issues and opportunities surrounding this new technology the signs…

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MaidSafe Makes Data Safe

If you can understand the organization of ants, you can understand MaidSafe.[1] Alone, by itself, an ant is both vulnerable and easily marginalized.  Yet when working with the rest of the colony, ants with roughly the same petite attributes can take down larger prey, clear paths and protect the mound from disasters (both natural and…

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CNBC Explores Bitcoin

CNBC.com has released their digital documentary “The Bitcoin Uprising” this morning. The documentary follows cnbc.com reporter Mary Thompson into the world of bitcoin, from home-based mining operations to the deep web.  Thompson and one of her producers, Karina Frayter, decided to create this piece after realizing that a 1-minute ‘hit’ (or story) on the currency…

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Bitcoin & Money

  Rome wasn’t built in a day, and today’s money mechanics certainly didn’t come in a single treaty.  Our global financial system, like any human system, is not perfect and can be outright cruel and inhumane.  We have witnessed injections and bailouts for some, and austerity and social benefit cuts for the poor- that’s money…

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Bitcoin exchange BTC-e affected by DDoS attack

The world’s second-largest Bitcoin exchange, BTC-e, suspended trading this Sunday (14) for brief instants after its servers suffered a strong DDoS (distributed denial of service) attack.  To avoid any speculation – especially after the Mt. Gox and Neo & Bee cases -, the exchange quickly confirmed the attack and dismissed all rumours. BTC-e published an announcement…

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The Gatekeepers

This post was released for Issue 19 of Bitcoin Magazine as part of a series of  articles about puzzles and games that started with Issue 12. This series of puzzles and games was inspired by a talk given by the founder of the Pirate Party, Rick Falkvinge, at the European Bitcoin Conference in Prague on…

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New Bitcoin ATM pops up in South Korea

A new Bitcoin ATM that allows the users to buy and sell cryptocurrency has recently been installed in Seoul, South Korea. The machine was developed by the exchange Coinplug within a partnership with the well-known company Nautilus Hyosung, an international brand dedicated to the production of ATMs. No identification is required to use the machine, which is connected…

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Litecoin Electrum Beta Testing

Electrum is arguably the most well known Hierarchical Deterministic (HD) wallet, fully implementing BIP0032. An HD wallet generates all Bitcoin addresses using a specific algorithm from a single seed. A seed is the starting point and can be anything. Further, as Electrum is a ‘Type 2’ HD wallet, the seed from which all key pairs…

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The US Congress Examines Bitcoin

The Bitcoin economy will be drastically different a year from now, as it is much different today than it was a year ago. Washington will have a huge effect on what direction the Bitcoin markets move, as Congress and regulators shape the rules Bitcoin stakeholders must adhere to. Additionally, the U.S. is the global financial…

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PS3 Bitcoin mining: does it really work?

The question was launched back in 2011, when generating Bitcoins was still considered “easy”. Can one really mine Bitcoins with a Playstation 3? Well, you could technically do it, but it’s just not worth the hassle anymore. The debate started on the Bitcointalk.org forum when the user ‘jkminkov’ wrote the following words two years ago: “just…

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The Bitcoin Phenomenon

There is a new video that is taking the Bitcoin community by storm. Produced by recently launched internet cable brand SQ1  (pronounced square one), the video titled “The Bitcoin Phenomenon” explores the groundbreaking aspects of digital currency. Filled with interviews with some of the crypto community’s best and brightest, the half-hour long video gives a…

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Take a Walk Down Bitcoin Boulevard

We often imagine a world where we can walk down the street and be able to pay using virtual currency everywhere we go. For a small suburb outside of Cleveland, Ohio, this is becoming a reality. Located in the Cedar and Lee district and just ten minutes outside of downtown Cleveland is what will soon…

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Let’s Talk Libbitcoin

Bitcoin’s protocol is open source. So is its narrative. The story and the code evolve. We all contribute. Each pulls in a direction. Themes emerge: engage or disengage with regulators, build for anonymity or transparency, embrace or shun agorist beginnings. There is no one way, just individual frames-of-reference. Bitcoin is greater than the sum of…

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Money as a Competitive Good

Bitcoin has re-introduced the idea of money as a competitive good. It has done so in a meaningful way. This idea has been conspicuously missing from the economic debate for too long. I, for one, am pleased to welcome it back. We’ve always had competitive ‘private’ monies, centrally managed and lacking global reach. A current…

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Who Owns All the Bitcoins? [infographic]

With millions of Bitcoins spread across the world, it’s getting harder to track the whereabouts of every digital coin. That is why infographics like these exist! Just like in the fiat universe, the world of Bitcoin is also defined by inequalities, according to some. Others talk about a free market and Bitcoiners that can celebrate their…

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BitGo Launches Multi-Signature Bitcoin Security Solutions for the Enterprise

New Suite of Services Enables Safe, Easy Commercial Bitcoin Transactions BitGo, a leader in Bitcoin multi-signature security, today announced BitGo Enterprise™, a new suite of services for businesses and financial institutions operating in digital currency. With features such as spending and velocity limits, user management, and 24×7 monitoring, BitGo’s new offering allows businesses of any…

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Weekly Round Up: Neo&Bee’s alleged fraud, Bulgaria’s tax on Bitcoin and new ATMs in New Zealand and Canada

Time for the latest weekly round up at Bitcoin Examiner! British Bitcoin exchange Bit121 announces “hibernation” period Although half the world is currently welcoming spring, the UK-based exchange Bit121 decided this was the best time to get some sleep. The Bitcoin platform has announced it is suspending all trading operations and temporarily closing down. The decision is not…

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Bulgaria’s National Revenue Agency announces tax on Bitcoin

The Bulgarian National Revenue Agency released a new tax guidance on Bitcoin. According to the document, entitled ”Revenue from Bitcoin Transactions to be Declared and Taxed”, a standard capital gains tax will be applicable to all income connected to cryptocurrency.  This means that all Bitcoin-related income will be taxed just like income from the sale of financial assets. Personal…

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BitPay Expands in Europe with Amsterdam Headquarters

BitPay, a leading Bitcoin payment processor, has officially opened its European Headquarters in Amsterdam. This office will handle sales, implementation and merchant support for BitPay’s 7,000 merchants in Europe, with the goal of acquiring and serving 30,000 merchants in Europe by the end of 2014. Moe Levin has joined BitPay as the company’s European Director of…

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Fiverr begins to accept Bitcoin

After the adoption of the Bitcoin as payment for e-retailing giants, like Overstock and TigerDirect, now it is time for a giant of service industry, Fiverr, to accept digital currency as a form or payment. For those who do not know, Fiverr is a portal the offers several online services for a starting price of…

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Ecoins – A new Brazilian Cryptocurrency Exchange

A new Cryptocurrency Exchange was inaugurated in Brazil. It is called Ecoins and was developed by New Version, a company based in Aracaju-SE that has everything to compete with existing exchanges.During beta testing, I’ve been in touch with David Coeni, Project Manager and partner at Ecoins, who kindly invited Criptonauta.net to know and evaluate the platform before…

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