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…
DetailsBad news for the Bitcoin community directly from Japan. A local financial institution, the Shinsei Bank Ltd., is currently blocking every international money transfer request that could be connected to Bitcoin. The bank has apparently been trying to distance itself from transactions made by customers that buy and sell Bitcoins. According to a spokeswoman from the bank,…
DetailsBitcoin 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.…
DetailsThe cryptocurrency industry is not only becoming popular for spenders, but also for those seeking an education. Gigaom reports that university students are now being given the opportunity to receive bitcoin upon enrollment, and some institutions are even accepting the alternative currency as payment for tuition. This fall, more than 4k students enrolled at one…
DetailsEarlier 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…
DetailsSINGAPORE – MAY 7, 2014 – Later this month, Coin Congress will hold its first event in Singapore. The two-day Coin Congress Digital Currency Conference will take place on May 21-22 at the Shangri-La Hotel and will bring together digital currency professionals from around the world. Coin Congress is focused on more than just Bitcoin,…
DetailsA group of experienced investors from the digital universe has launched Australia’s first dedicated Bitcoin fund – the Future Capital Bitcoin Fund (FCBF) – loaded with $30 million that should be invested on a global scale in companies that are currently offering cryptocurrency-related services. Domenic Carosa The investment firm, headed by the well-known entrepreneur and…
DetailsCar 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…
DetailsIntrinsic 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…
DetailsAlthough it seems like eons ago, I remember jumping on twitter and posting several mocking and nutty tweets under #WeAreSatoshi in response to Newsweek’s false claim that they had found Satoshi. Yes, Satoshi is in the shadows, but we are the living and breathing tokens of this brilliant currency. We as a community still have…
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