A QUICK HISTORY OF CRYPTOCURRENCIES BBTC — BEFORE BITCOIN by Ian Grigg Before Bitcoin, there was cryptocurrency. Indeed, it has a long and deep history. If only for the lessons learned, it is worth studying, and indeed, in my ABC of Bitcoin investing, I consider not knowing anything before Satoshi’s paper as a red flag.…
DetailsWe 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…
DetailsBitcoin’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…
DetailsThe National Australia Bank (NAB), once the country’s most cryptocurrency-friendly institution, has decided to drop all Bitcoin support. According to the bank, all customers dealing with the digital coin will see their accounts close during the next month. The news was announced by an Australian trader connected to the platform LocalBitcoins.com, who revealed he got a…
DetailsBitcoin 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…
DetailsSteve Stockman is not exactly a stranger in the Bitcoin universe. The congressman became famous at the end of 2013 when he announced he was accepting Bitcoin donations for his Senate campaign, but he didn’t stop there. Stockman has now declared he is ready to fight in the name of cryptocurrency with a bill that…
DetailsWith 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…
DetailsNew 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…
Details“I believe there are multiple billion dollar companies that are going to be built in Bitcoin” — Jeremy Allaire, Circle CEO The Inside Bitcoins conference and expo in New York City kicked off this morning. Mediabistro Chairman Alan Meckler opened the show with remarks about the growth in professional interest for Bitcoin. Over 2,000 attendees…
DetailsIf Bitcoin can give headaches to young people trying to understand the basics of cryptocurrency, so how can we explain the mysteries of digital money to our grandparents?
No, it is not an impossible task… At least if you have the help of this awesome infographic.
