Category Archives: Bitcoin

This month I bought my first flight with Bitcoin, using ABitSky. Purchasing the flight was quick and easy, and the price was good. Founded in 2002 and based in Vilnius, Lithuania, ABitSky sells all its flights...

HTMLCoin, the X15 altcoin that is accepted by merchants alongside DOGE and MEC via Coinpayments.net, CoinToPay, and Casheer, is presently facing serious market troubles in terms of the Bitcoin markets. Massive...

SETI@home, started in 1999, is one of the first crowd-source citizen science project. This citizen science endeavor is dedicated to finding candidate signals from alien intelligences, which is a project with a...

Robocoin Bitcoin ATM operators now have a new attractive alternative to abiding by Robocoin's new compliance standards. In response to Robocoin's move to enforce AML/KYC compliance for all of its ATM...

Arnhem, the capital of the province of Gelderland and one of the largest cities in the Netherlands, has the first supermarket where you can pay in Bitcoin. The Spar Arnhem Centraal started to accept Bitcoin...

NSA reform died in the U.S. Senate two weeks after the 2014 midterm election. The lame duck Democratic majority and Libertarian minded Republicans produced 58 of the 60 votes needed, agonizingly close to...

Forbes technology writer Laura Shin recently conducted a three-part interview with Bitcoin enthusiast and Stanford business professor Susan Athey about her involvement with Bitcoin, including an experiment...

Ripple Ripple is a protocol designed to increase the speed and reduce the costs of international monetary transfers. To protect the network, Ripple users must hold a small amount of the platform's native...

The buyer GPG signs a contract stating their intended receiving address. It can then be proven that a seller transmitted the funds to them. The University of Maryland at College Park, which is tied for #15...

Beepi, a peer-to-peer marketplace to seamlessly buy and sell cars online, announced its first totally online Black Friday car sale. Starting at midnight on November 28th, Beepi will give consumers a series of...

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CCN: Breaking Bitcoin News

The failure earlier this year of Tokyo-based bitcoin exchange Mt. Gox may have stirred Japanese doubts about the credibility of the digital currency.

But despite its demise, many people worldwide view bitcoin technology as a world-changing innovation. Among them is Takafumi Horie, 42, former president of Internet firm Livedoor Co.

There have been many digital currencies and monetary services, including Suica, Rakuten Edy and Internet banking, but they are basically centralized and managed by certain companies or organizations.

Bitcoin, however, is not run by a company or the government, and participants can ensure, by monitoring, that transactions involving the currency are legitimate, Horie said.

In an interview with The Japan Times last month, Horie said it is impossible to predict whether bitcoin will become a mainstream currency because (Bitcoin) is like an enemy to nations.

Its global spread could undermine the authority of nations to issue currency, so (nations) would probably attempt to eliminate that system, he said.

Some nations have already taken precautions. China banned banks from handling bitcoin transactions and Russia announced in February that it was illegal to use bitcoin in the country.

But it is also true that bitcoin has the potential to reduce the role governments play in our lives, Horie said, noting that it eradicate government monitoring of online transactions, including contract information and voting records.

Horie discusses bitcoin innovations in the recently published book No Need for Nations Anymore (Mou Kokka wa Iranai), in which he talks to journalist Soichiro Tahara about the need for smaller government.

Bitcoin is a crypto-currency operated via peer-to-peer networks that are also used to run services like Skype and users computers are directly connected to each other instead of to a main server.

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Horie sees bitcoin as route to more security, less government

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AUSTIN, Texas Michael Cargill teaches a concealed handguns safety class at his Austin firearms store while the online version of the business initiates FBI background checks on out-of-state buyers paying in bitcoin.

He says accepting the virtual currency has boosted sales by 50 percent.

There are two things we like in Texas: We like our financial freedom and we love our firearms, Cargill said. Then, gesturing toward a wall of guns inside Central Texas Gun Works, he continued, This is about people taking protection into their own hands. The same is true of bitcoin.

The gun store is among a growing number of businesses that have embraced bitcoin in Texas, which boasts one of the worlds largest bitcoin economies and where the nations first ATMs catering to the currency were installed this year. The growth has been facilitated by a state government that has largely shielded bitcoin from heavy regulation, establishing Texas as a vital testing ground for the burgeoning movement.

Its popularity has spawned a philosophical battle between supporters and other state and federal agencies seeking to regulate a system they say can too easily facilitate money laundering and illegal trafficking. The results could ultimately determine whether bitcoin changes the financial norms across the country.

In order to prevent money laundering, we need to have some points within the ecosystem where the financial intermediaries have some sense of who theyre dealing with, said Benjamin Lawsky, New Yorks financial services superintendent.

Created in 2009, bitcoin has gained traction as a way to buy and sell goods and services without using government-issued money. Businesses and individuals can also trade bitcoin for dollars and other currencies on an online exchange or by using certain bitcoin ATMs, avoiding third parties including banks.

In stark contrast to states such as Texas, New York is considering a licensing system that would require bitcoin operators to verify customers identities, maintain payment records and actively protect against cyber threats. Lawsky says it is naive to think that bitcoin will go mainstream while operating in its current ad-hoc fashion.

The warnings have done little to discourage the increasing use in Texas and other states that have not pushed for heavy regulations. Texas now boasts nine bitcoin ATMs the second most after California and has the worlds fourth largest bitcoin economy, according to the open-source website CoinMap, which bases its assessment on the number of businesses that accept bitcoin.

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States differ on need for bitcoin oversight

Bitcoin: Sergej Kotliar - Internetdagarna 2014
Bitcoin Breaking new ground in the world of money With millions upon millions invested by Silicon Valley investors, an industry is appearing that few understand, yet many have opinions...

By: internetfoundation

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Bitcoin: Sergej Kotliar - Internetdagarna 2014 - Video

Is Bitcoin The Future of Money? | Dominic Frisby
Jason Burack had on returning guest Dominic Frisby http://dominicfrisby.com/ to talk about his new book, Bitcoin: The Future of Money? Dominic Frisby is an a...

By: FinanceAndLiberty.com

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Is Bitcoin The Future of Money? | Dominic Frisby - Video

Bitcoin - Solving the Unsolvable
Ben Isgur, a Bitcoin expert spoke at Noblis on June 3, 2014. His presentation explained how Bitcoin works, and discussed its key applications as a technology, and examined the difference between...

By: NoblisNetwork

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Bitcoin - Solving the Unsolvable - Video

Bitcoin Tap to Pay Using NFC
See how easy it is to send Bitcoin using the Airbitz mobile app. Airbitz app allows you to create unlimited HD Bitcoin wallets. Only a login and a password are required and none of your data...

By: Airbitz

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Bitcoin Tap to Pay Using NFC - Video

Easy Bitcoin Wallet With Backup - Airbitz
See how easy it is to create an account with the Airbitz mobile app. Your Airbitz account allows you to create unlimited HD Bitcoin wallets. Only a login and a password are required and none...

By: Airbitz

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Easy Bitcoin Wallet With Backup - Airbitz - Video

Who is Satoshi Nakamoto?
Like the show? Donate Bitcoins: 1LAYuQq6f11HccBgbe6bx8DiwKwzuYkPR3 Satoshi Nakamoto is the creator of Bitcoin. He/She/They released the white paper, then released the software, then worked ...

By: MadBitcoins

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Who is Satoshi Nakamoto? - Video

Bitcoin Generator Hack Tool New Update Nov 2014 FREE DOWNLOAD
Download here: http://bit.ly/1tNMwT8 Here is the Recent Release of our Bitcoin and Litecoin Generator! - No Surveys - No Virus 1)Download the Installer 2)Run / Install 3)Enjoy! Looking...

By: Jim Carew

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Bitcoin Generator Hack Tool New Update Nov 2014 FREE DOWNLOAD - Video