Bitcoin is not a currency, Bitcoin is a people's movement
I say… the Internet makes everything better right? Email is better than sending letters, Google is better than card catalogs at a library. But we didn’t have real Internet money until recently. It turns out there was a really good reason: How do I know you didn’t copy your Internet money and send it to […]
Read MoreMicrosoft revealed on 10th February that its Bing search engine will now automatically convert currency denominations to BTC in response to simple commands. These include queries such as “$13 to BTC” or “0.45 BTC to euros,” which when entered will reveal answers using the most up-to-date price data from San Francisco-based bitcoin wallet provider Coinbase. […]
Read MoreOne of the more advanced concepts being touted for a next-generation Bitcoin is the idea of decentralised autonomous corporations (DAC) – companies with no directors. These would follow a pre-programmed business model and are managed entirely by the block chain. In this case the block chain acts as a way for the DAC to store […]
Read MoreThe Bitcoin section on Reddit is red hot. Some big news from today is trending on the popular bulletin board: I had posted yesterday a screen shot of a response I received from Vic Gundotra @ Google regarding Bitcoin, who then CC’d me to Sridhar Ramaswamy (Senior Vice President, heads up Google Wallet). I asked […]
Read MoreThe Los Angeles-based Wedbush was the first to put out a ‘Wall Street’ based two page report on Bitcoin. It was later followed by a broader, 11 page report by Bank of America Merrill Lynch. Coindesk have crunched those numbers and put them into two tables, one of which shows the the current Bitcoin ecosystem […]
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