Daily Archives: February 8, 2015

Bitcoin: Possible Hard Fork: Upcoming 20MB Blocks
In this video, I talk about how Gavin Andresen has been working on a project to increase the block size limit. Twitter: https://twitter.com/JPSchaumleffel E-Mail: JPSchaumleffel@Gmail.com...

By: GamersGoneTech

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Bitcoin: Possible Hard Fork: Upcoming 20MB Blocks - Video

Life Inside a Secret Chinese Bitcoin Mine
In October of last year Motherboard gained access to a massive, secretive Bitcoin mine housed within a repurposed factory in the Liaoning Province in rural northeast China. This is the infrastruc...

By: Motherboard

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Life Inside a Secret Chinese Bitcoin Mine - Video

Bitcoin Rush 34 w/ FastCoin . Hypercube Studios . John Eubank . Adyen . The Open Minute
FastCoin . Hypercube Studios . John Eubank . Adyen . The Open Minute Thanx for ChangeTip: changetip.com/tipme/bitcoin_rush BTC donation address: 17vPhPit8cZP...

By: World Crypto Network

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Bitcoin Rush 34 w/ FastCoin . Hypercube Studios . John Eubank . Adyen . The Open Minute - Video

Bitcoin Trade 213
In this episode I introduce Bitcoin, digital crypto currency independent form Government and State backing and control, a new technology that allows easy flow of funds, trade, exchange, and...

By: James Bond

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Bitcoin Trade 213 - Video

From humble beginnings as a reporter at the Verona-Cedar Grove Times in the 1990s to his current work with The Wall Street Journal, Paul Vigna became well versed in writing about complex economic issues.

image courtesy of paul vigna

"The Age of Cryptocurrency" by Paul Vigna and Michael J. Casey.

Through his work with The Journal, Vigna encountered the Bitcoin phenomenon. After learning of Bitcoin in 2013, the Verona resident decided to make it the topic of his first book.

Bitcoin is a form of digital money "for the digital age," as explained in Vigna's book "The Age of Cryptocurrency." At first, Vigna did not have much interest in the subject, but it became more appealing the more he heard about it.

"There was this tremendous energy coming from it and it was very kinetic," he told the Times. "I started to realize there was something there."

Here's how the digital currency works: users can convert money into bitcoins and spend it electronically through a phone application. Unlike a service such as PayPal, the value of a bitcoin is not measured the same as dollars, as it is more like gold than cash, according to the bitcoin website. One bitcoin equals about $240.

"When nations print more money, their currencies get weaker," the website states. "In bitcoin, nobody can just decide to increase the amount, including the creator of bitcoin."

In the book, Vigna said he tried to put digital currency into a larger context and look at it from a philosophical point of view.

"Bitcoin stirs strong opinions on the question of what money is and what money isn't, but whatever your position, one thing is clear: cryptocurrency is here to stay," the book states.

Continued here:
Verona resident writes book about Bitcoin and other digital currency