Decentralized cryptocurrencies render banks completely obsolete. They deliver the control of the financial system back to the people.
Bankers are smart enough to know this and today, in China, the banks ‘decreed’ that Bitcoin may not be used as cu
Earlier today, the People's Bank of China warned the controversial electronic currency carried risk. It also instructed financial institutions not to trade it. "Is this a bubble in Bitcoin?" asked former Federal Reserve Chairman Alan Greenspan
Stephen Colbert put the town of Vicco, Ky., on the map this summer after he profiled the town's gay mayor and perhaps-unexpectedly tolerant residents in what some called the greatest segment in the show's history.
Two guys on Reddit who were enraged when someone stole as much as $100 million in Bitcoins from "Sheep Marketplace," an illegal online drug sales web site, believe the thief has passed the cash through a Bitcoin wallet that at one point contained as
The city of Vicco, Kentucky is believed to be the first city in the United States to pay a government official using the popular crypto currency BitCoin.
U.K.-based hedge fund manager Hugh Hendry, the founder of Eclectica Asset Management, made some interesting comments about how he thinks Bitcoin could go to $1 million, Investment Week's Dan Jones reports.
The past several weeks have seen the emergence of several innovative and user friendly websites related to Bitcoin specifically, and crypto-currencies generally.
Dear Peter,
It was a privilege and an honor to be a guest on your radio show today. I’ve been a fan of yours for more than five years; you were one of the reasons I discovered Austrian economics (and, in turn, Bitcoin), and your eloquent explanation
Marco Crispini set out to build a Bitcoin exchange — a place where people could buy and sell the world’s most popular digital currency — but then he realized just how difficult that would be.
Stockholm-based KnCMiner sold $8 million worth of their new $10,000-a-pop bitcoin miners in 24 hours last Wednesday, according to KnC spokesman Alex Lawn.
I like Gary North. I appreciate his work and I spent a very pleasant hour hanging out with him at FreedomFest a few years back. We have mutual friends. I saw the headline for his anti-Bitcoin article but didn’t take time to read it until we got sever
Israeli academics Dorit Ron and Adi Shamir thought they may have uncovered an intriguing link between the anonymous creator of the bitcoin digital currency and the illicit online drug marketplace the Silk Road. But it turns out the idea was bunk.
Well that escalated quickly. Having broken above $900 yesterday to new record highs (and a 100% gain in a week), the crypto currency is not looking back now. On what is higher than average volume this morning, Bitcoin just broke above the magic $1000
A week after spiking above $900, before dropping 50% in the following 48 hours amid last week's Senate hearings, Bitcoin has recovered the losses (i.e. doubled) and is now trading at record high levels against the USD - $930 on Mt.Gox.
Is bitcoin a bubble? Does gold have an intrinsic value? Is bitcoin a ponzi or pyramid scheme? Peter Schiff thinks so. Stefan Molyneux and Peter Schiff discuss Bitcoin vs. Gold and the future of money.
The price of a bitcoin topped $900 last week, an enormous surge in value that arrived amidst Congressional hearings where top U.S. financial regulators took a surprisingly rosy view of digital currency.
Billionaire entrepreneur Sir Richard Branson announced on CNBC's "Squawk Box" Friday that his commercial space flight venture will accept bitcoin as payment. He called it "a new exciting currency."
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