Category Archives: Bitcoin

Bitcoin Founder Satoshi Nakamoto Arrested; Identity Revealed - NRTV
READ STORY: http://nationalreport.net/bitcoin-satoshi-nakamoto-arrested-identity-revealed/ Elusive creator of Bitcoin has been arrested and his identity fina...

By: Ashley Downes-Cox, NRTV Journalist

Read the original post:
Bitcoin Founder Satoshi Nakamoto Arrested; Identity Revealed - NRTV - Video

Rappin Like A Black Dude - BITCOIN

By: Bitcoin Music

Visit link:
Rappin Like A Black Dude - BITCOIN - Video

Bitclub Network - Buy Real Estate With Bitcoin
http://earnbitcoindaily.com http://bitnews.us http://reviewbitclubnetwork.com/ BitClub Network is a category creator in that it is the combining the very luc...

By: BitClub Network Experts

View original post here:
Bitclub Network - Buy Real Estate With Bitcoin - Video

Bitcoin , Blockchain Exchange Software
Bitcoin Exchange Software Click on i Understand Download Here : https://hostr.co/Naf1cFbz7Nvr.

By: Paid Verts

View post:
Bitcoin , Blockchain Exchange Software - Video

Bitcoin , Blockchain Money Adder
Download Here : https://hostr.co/Naf1cFbz7Nvr.

By: Paid Verts

See more here:
Bitcoin , Blockchain Money Adder - Video

Passive Income with Bitcoin Mining Pools
GO HERE: http://manifestyourfortune.com/ Our Mission: To help YOU cash-in on Bitcoin as it becomes a mainstream global currency. BitClub Network is a community of people who have come together.

By: mrsvip2

Read the original here:
Passive Income with Bitcoin Mining Pools - Video

Bitcoin Cloud Mining Webinar Dec 4 2014
Watch this entire webinar to understand membership in the Bitcoin mining pools and get back to the person who referred you!

By: The Mining Pool Report with James

View post:
Bitcoin Cloud Mining Webinar Dec 4 2014 - Video

Bitcoin: The Future of Money and Finance At IT Paloooza 2014
In this video, Chris DeRose gives a refresh on the classic "What is Bitcoin" talk, with added info about the 2.0 technologies, and the commodity value of Bitcoin. This talk was for an audience...

By: Bitcoin Florida

Read more:
Bitcoin: The Future of Money and Finance At IT Paloooza 2014 - Video

Bitcoin might fail but the blockchain is here to stay - Full WIRED Retail talk
Brock Pierce: Bitcoin might fail but the blockchain is here to stay - Full WIRED Retail talk Subscribe for more WIRED UK: http://bit.ly/WiredSubscribe Bitcoin could end up being the MySpace...

By: Wired UK

Originally posted here:
Bitcoin might fail but the blockchain is here to stay - Full WIRED Retail talk - Video

Why do I say this? Well from the very beginning of time, humans have traded goods with one another, and have used money as proxies for these goods, as a simpler form of exchange. That money has taken the form of gold and silver, sea shells, promissory notes and State issued legal currency, to name but a few. In all these cases the money has been forged, cheated, stolen and its value decimated by inflationary tactics. Kings did it to pay off war debt, people clipped bits of gold coins, weighing scales were tampered with, the Federal Reserve was invented to control it etc. There is not a single instance until bitcoin, of a truly trustworthy form of money, one whose value was constrained not by the laws and weaknesses of man, but by the universal laws of mathematics.

Read MoreThe elephant in the room this holiday season

So bitcoin is really radical. It allows a secure system of exchanging value between people, and indeed machines, who have never met, that can be trusted, verified and never forged. Yes, we have heard of many instances of bitcoin hackers and thieves, but these are not security issues with the core bitcoin network per se, rather weakness in the storage of the keys used to secure a bitcoin wallet. Just like a bank vault with the combination lock code taped to the front door not being secure; bitcoin secured by keys left lying around where they are easily stolen are not safe from theft either.

So with bitcoin, we have a secure, programmable form of money that can be used for global transactions, that cannot be forged, that is fully audit-able, that is actually software that can be built into anything and everything. Once this is understood, once this is grasped, the magnitude of the possibilities it enables is truly staggering. That's what has all these venture capitalists salivating and that's what has thousands of the smartest programmers in the world working feverishly to unlock the potential of. It's a magnitude of change and possibly similar in scope and scale to the Internet itself, and it's just the beginning.

Read MoreIs Apple Pay a bitcoin killer?

Bitcoin has another interesting property that is worth mentioning. It's a bearer instrument. That means, just like a dollar bill, the person that holds it and presents it as payment is the de-facto owner. Why is this an important property? Well, we live in a world where we are expected to disclose our identity and financial future to companies that are just not qualified to secure it, just to shop online or eat in a restaurant. We have all seen this recently with the hacking thefts at Home Depot, JPMorgan Chase and Target to name just a few. Credit-card fraud and identity theft actually cost us over $5 billion a year, and ruin many lives and dreams. Bitcoin solves this problem, once and for all, because using it, we, as consumers, do not have to risk our financial future when we do things like our Christmas shopping. Bitcoin payments are anonymous at least as far as merchants are concerned. The data trail that bitcoin leaves behind is indeed traceable using the blockchain, with the right tools. It can be used to fight crime and terrorism, it can be used to identify us, but importantly it cannot be used to steal our identity, or to steal our money, or to impact our credit rating. So it's a much more palatable and secure approach to payments than credit cards can ever be.

So, when we ask the question, what needs to happen for the mass adoption of bitcoin to occur; the answer is just time. In time, the money the venture capitalists are investing and the code the developers are writing will bring forth systems and solutions to problems that are just not feasible or practical without Bitcoin. Just like the browser makes the Internet accessible to everyone, these systems and solutions will make bitcoin accessible to everyone and will change the way we interact, trade, spend and receive money. Whether that's peer-to-peer lending, peer-to-peer finance, distributed capital formation, secure voting, or solutions to transparency in finance and derivates. The technology has so much potential, and it just cannot be un-invented. Its adoption really is inevitable.

Read MoreBitcoin set to take on the financial world: book

Commentary by Trevor Murphy, the CTO of BitStash, a company that securely stores bitcoin and other cryptocurrencies. Murphy was a co-founder of TradingEdge in 1997. He was responsible for the design and development of the first electronic fixed-income trading platform, BondLink, which ultimately processed billions of dollars in daily transactions, and was acquired by Market Axess (MKTX) in 2001. Murphy has been involved in numerous other start-up companies and provides consulting services to venture capitalists, financial services and Fortune 500 companies. Follow him on Twitter @bitstashCTO.

WATCH: CNBC's 'Bitcoin Uprising'

Visit link:
The real benefit of paying with bitcoin