Nov 28, 2013
Bitcoin, not gold, has the Midas touch
Getty Images It’s an alternative to paper currencies. It can be traded anywhere in the world. It has a limited supply. And it should be a secure haven if financial markets start to crash. That is a fairly accurate description of gold. It is also an accurate description of bitcoin, the digital currency that is gaining
Nov 9, 2013
You sell your winners too soon
Jana Vembunarayanan / October 16, 2013 Recently I read an excellent article from Prof. Sanjay Bakshi that appeared in Outlook Business. In this article he writes about the reasons for paying up for quality business like Nestle India. From 1981 to till date this stock returned 32% per annum. At this rate of compounding Rs 1,000
Nov 3, 2013
The importance of Decentralization
Why is it important that Bitcoin becomes even more decentralized? One of the main problems with the Bitcoin ecosystem is that although Bitcoin is nominally decentralized, in reality the miners that keep the network running are all running the same piece of core Bitcoin software: bitcoind. Bitcoind is the “headless” (ie. command line only) version of
Oct 30, 2013
Discount on Pan-Nordic Bitcoin Conference 2013
This event is your opportunity to understand the Bitcoin community, get a better understanding of what Bitcoin actually is, how to buy Bitcoins, how to use Bitcoins – and how this new payment tool is now being developed into a more open economy. Meet the Executive Director of the Bitcoin Foundation – Mr. Jon Matonis
Oct 21, 2013
Internationality, Democracy and Reforming the Bitcoin Foundation
by VITALIK BUTERIN on OCTOBER 18, 2013 Ever since the Bitcoin Foundation was first announced by lead Bitcoin protocol developer Gavin Andresen in September 2012, it has been the subject of constant criticism. An organization that describes itself on the front page of its website as having the mission of “freeing people to transact on their own terms” and “standardizing, protecting
Oct 21, 2013
Chinese Internet Giant Baidu Now Accepts Bitcoin
Baidu, also known as the “Google of China,” is now accepting Bitcoin payments for Jiasule, its anti-DDoS (distributed denial of service) and firewall security product. For Bitcoin, this partnership comes at a crucial time. After the feds busted the online drug bazaar Silk Road and seized all its Bitcoins — roughly 5% of the total in circulations — some speculated that
Oct 21, 2013
Btcx.se is now reselling KnC Miners
Order your miner today and it will be shipped in November. Jupiter on 550+ Ghash/s Saturn on 275+ Ghash/s Buy directly from KnC or from our webshop.
Oct 21, 2013
Bitcoin: Gold of the internet
source: https://auzterity.com/blog/ Let’s say that you don’t trust your government’s capability to manage a currency, as is the case for many people in India, Turkey, Argentina and Venezuela. Your government has reduced the local currency to something that can only be used for trade, but it cannot be held over a longer period of time because
Oct 16, 2013
Money 3.0: How Bitcoins May Change the Global Economy
Despite shutdown of an illicit Internet marketplace, virtual currency blooms After the feds seized and shuttered Silk Road, an online marketplace for illegal drugs, earlier this month, some technology experts started sounding the death knell for Bitcoin, Silk Road’s international currency of choice.Instead, we may soon see Bitcoin’s real value. Timothy Carmody for National Geographic Published October 14, 2013
Oct 9, 2013
FBI's Silk Road Bitcoin plånbok
Blockchain by Cyrus Farivar – Oct 4 2013, 11:00pm CEST Bitcoin enthusiasts appear to have located the wallet number of the federally controlled account that now contains over $3.5 million worth of the digital currency. That money is believed to have come from the seized accounts of the Silk Road website. All Bitcoin transactions are public, but unless an