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What is Bitcoin?

Bitcoin is a digital crypto-currency with no single point of failure due to its decentralized peer-to-peer architecture. The source code is publicly available and changes to the reference Bitcoin client are made via concensus within the community. Advantages of Bitcoin include irreversible transactions (i.e. no possibility of chargebacks as with credit cards), pseudo-anonymous, limited and fixed inflation, near instant transactions, multi-platform, no double-spend and little to no barriers to entry and more. It was created by an anonymous person known as Satoshi Nakamoto. Find out more at WeUseCoins.com.

Bitcoin Latest News

Ex-Goldman Trader's Bitcoin Exchange to Fill Mt. Gox Void - Businessweek


Ex-Goldman Trader's Bitcoin Exchange to Fill Mt. Gox Void
Businessweek
When Kano, 38, left his job as a derivatives and convertible bonds trader in December, bitcoin had climbed to a record $1,151. Three months later, it was worth half that after a $530 million heist at Tokyo-based Mt. Gox bankrupted what was once the ...
Former Goldman Sachs Trader Starts His Own Bitcoin Buying, Selling ServicenewsBTC
Bitcoin Regulation: Lawsky Goes on BBCForex Market (blog)
Japan's bitFlyer Raises $1.6 Million for Bitcoin Exchange ExpansionCoinDesk

all 4 news articles »

Posted on 22 July 2014 | 6:27 pm

Why I

Some people ask me why I love Bitcoin so much, given that I (at the time of this writing) don’t have very much. I wear Bitcoin shirts, talk about it way too much, and have convinced dozens of businesses to adopt it–I even got a Bitcoin tattoo on my left shoulder, paid for in BTC. No wonder they ask. Usually, I just shrug it off (the question, not the tattoo), and say that I hate the government. That is fairly correct, but it’s not the real reason I’m so passionate about cryptocurrency. While Bitcoin certainly is able to fix some of our world’s biggest problems, and I’d like to think my motivations are as logical as that, the deeper reasons are more […]

The post Why I appeared first on Bitcoin Magazine.

Posted on 22 July 2014 | 4:59 pm

Sovereignty 2.0

We are living in a new world.  As Andreas Antonopoulos put so eloquently, “now that we have crypto-currencies, it’s not sovereignty that determines currency, it’s currency that creates sovereignty.” Bitcoin has helped declare independence for the Internet, and it appears it will continue to disrupt the status quo until that independence is recognized.  If we’ve learned anything from P2P technology, it’s that our rules bend around the tech, not the other way around. But if our rules bend around the tech, could we one day be living in a world where our borders do too? Take the concept of decentralized autonomous states, or society if you like. The idea is that a political faction could be distributed throughout a global […]

The post Sovereignty 2.0 appeared first on Bitcoin Magazine.

Posted on 22 July 2014 | 4:54 pm

Japan’s bitFlyer Raises $1.6 Million for Bitcoin Exchange Expansion

bitFlyer has revealed new details about its exchange platform, including its notable $1.6m investment.

Posted on 22 July 2014 | 3:56 pm

Israeli Bitcoin Conference Postponed Due to Gaza Crisis

The battle between the Israeli and Hamas has resulted in the closure of Ben-Guiron International Airport to incoming flights.

Posted on 22 July 2014 | 3:15 pm

German Newspaper "taz" accepts Bitcoin

Posted on 22 July 2014 | 1:32 pm

WinkDex Bitcoin Price Index Launches Developer API

The Winkdex, launched by Cameron and Tyler Winklevoss, is now enabling third-party application development.

Posted on 22 July 2014 | 12:05 pm

OKCoin Wants to Rule the International Bitcoin Exchange Market

CoinDesk sits down with OKCoin's Changpeng Zhao at The North American Bitcoin Conference for an extensive interview.

Posted on 22 July 2014 | 11:13 am

Bitcoin to Earth: Don’t Look Now, but your Paradigm is Shifting

There is one thing stronger than all the armies in the world, and that is an idea whose time has come. - Victor Hugo.  French poet and writer. 1802 – 1885 Historians may look back on these current days with fascination.  We may be living through the beginning of one of the biggest paradigm shifts in modern human history. The way the world actually thinks about money and stored value might be changing in a tidal wave of recognition. This article will define what a paradigm is and what a paradigm shift looks like.  Perhaps we may understand how to prepare and perhaps benefit from the embryonic beginnings of what may one day be seen as a titanic shift. The […]

The post Bitcoin to Earth: Don’t Look Now, but your Paradigm is Shifting appeared first on Bitcoin Magazine.

Posted on 22 July 2014 | 9:52 am

Banksy, Bitcoin, And The Winklevoss Twins: An Online Art World Love Story - Fast Company


Fast Company

Banksy, Bitcoin, And The Winklevoss Twins: An Online Art World Love Story
Fast Company
Cameron and Tyler Winklevoss, the Internet entrepreneurs perhaps best known for their associations with Facebook and Bitcoin, are the latest techies to leap into the art world. This week, the twins' Winklevoss Capital announced an investment round in ...
World Edges Closer to Being Able to Buy Art With Bitcoins, Thanks to Paddle8 ...GalleristNY

all 3 news articles »

Posted on 22 July 2014 | 9:47 am

The Real Reason Banks Don't Like Bitcoin - CoinDesk


The Real Reason Banks Don't Like Bitcoin
CoinDesk
Banks around the world, particularly in the US, have been closing down accounts of bitcoin startups and even bitcoin-accepting businesses for over a year now. Even those that do work with bitcoin businesses are reluctant to be named in the media.

Posted on 22 July 2014 | 6:13 am

The Real Reason Banks Don’t Like Bitcoin

A banking professional lists the reasons banks are reluctant to deal with bitcoin, and it involves compliance and costs.

Posted on 22 July 2014 | 6:01 am

Bitcoins prepare a second coming in India - Economic Times


Economic Times

Bitcoins prepare a second coming in India
Economic Times
Ahmedabad-based Mahindra Gupta who runs Buysellbitco.in, another Bitcoin trading platform which temporarily halted trading, is trying to relaunch in the next couple of months. "We are talking to a few venture capitalists to launch our platform in two ...
Bitcoin supporters say New York regulations would stymie innovationAl Jazeera America
New York To Bitcoin Startups: Get Permission Or Get OutTechCrunch
NY Seeks Bitcoin Exchange RegulationsInformationWeek
CoinTelegraph -Blue Sky Innovation -Associations Now
all 28 news articles »

Posted on 22 July 2014 | 1:19 am

Stripe: Bitcoin Has Future in Global Payments if Issues Solved - CoinDesk


Stripe: Bitcoin Has Future in Global Payments if Issues Solved
CoinDesk
The blog post explores bitcoin's possible use as a financial solution in nations with high-inflation currencies, as well as the technology's role in global payments infrastructure. Though largely positive in its conclusions, the company said that ...
Bitcoin for the UnderbankedAmerican Banker (subscription)
Qora Announces Second Generation Cryptocurrency Will 'Solve Bitcoin's ...Free Press Release Center (press release)

all 4 news articles »

Posted on 21 July 2014 | 4:53 pm

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Stripe: Bitcoin Has Future in Global Payments if Issues Solved

The payments processor examined bitcoin and weighed its potential impact on the world's payment network.

Posted on 21 July 2014 | 4:40 pm

Ripple Labs Unveils Proposal for New Smart Contract System

The company's proposed system could reinvigorate the movement to build smart contract mechanisms.

Posted on 21 July 2014 | 3:30 pm

Dell: Bitcoin Aligns Our Brand With Innovation

CoinDesk interviews Dell's Paul Walsh to learn more about its bitcoin payments play.

Posted on 21 July 2014 | 2:10 pm

Paranoia Muddies Media's View of Bitcoin's Potential - Forbes


Forbes

Paranoia Muddies Media's View of Bitcoin's Potential
Forbes
The key takeaway discussed in most public reports was the agency's recommendation that EU financial institutions should not buy, sell, or hold virtual currencies. Most journalists and casual observers were left with the impression that Bitcoin is too ...

Posted on 21 July 2014 | 1:29 pm

Latvia’s airBaltic Now Accepts Bitcoin for Flight Bookings

The Latvian-based airline now offers a bitcoin payment option for basic class reservations.

Posted on 21 July 2014 | 12:30 pm

BTC China Launches USD, HKD Bitcoin Trading Accounts

The China-based cryptocurrency exchange has added support for USD and HKD deposits and withdrawals to attract international customers.

Posted on 21 July 2014 | 11:00 am

Isle of Man Clarifies Regulation for Digital Currency Businesses

The island's Financial Supervision Commission has explained the application of existing regulations on bitcoin businesses.

Posted on 21 July 2014 | 9:44 am

Circle’s Bitcoin Banking Platform is Savvy Bid for Mainstream Market

Circle Internet Financial gave CoinDesk a preview of the Circle.com digital money platform.

Posted on 21 July 2014 | 8:40 am

TNABC Day 2: Bitcoin’s Diverse Community on Full Display

Day two of TNABC showcased the wide range of individuals and ideas emerging in the bitcoin industry.

Posted on 20 July 2014 | 6:00 pm

BitXatm to Launch 1,000 Bitcoin ATMs in US

The announcement finds the German startup seeking to better serve its strongest market.

Posted on 20 July 2014 | 12:25 pm

Sierra Leone Fashion Company Brings Bitcoin to West Africa

Ethical fashion accessories company Bureh is taking the first steps in creating a bitcoin economy for sub-Saharan Africa.

Posted on 20 July 2014 | 9:55 am

Trend Spotting: How to Identify Trends in Bitcoin Price Charts

Trends help predict price movements, but how does one identify a trend and draw it on a bitcoin chart?

Posted on 20 July 2014 | 5:25 am

Our Uncoinventional Journey to Bitcoin Boulevard US

Last month our family spent nearly a month living on the road while spending only Bitcoin. During the course of our travel we were invited via Twitter to make a change to our route so we could experience the cutting edge Bitcoin Boulevard, founded by Nikhil Chand and his amazing wife, Rebecca. The pair has helped dozens of restaurants and shops set up to accept Bitcoin through BitPay. We immediately changed our route to include an overnight stop in Cleveland Heights, Ohio so we could test out the local Bitcoin scene and get to know their community. When we pulled up to their vintage 1920s house, Nikhil and Rebecca were waiting for us in their driveway. They helped us unload […]

The post Our Uncoinventional Journey to Bitcoin Boulevard US appeared first on Bitcoin Magazine.

Posted on 19 July 2014 | 3:59 pm

Constructive Reflections on Bitcoin in the Beltway

This past month was the Bitcoin in the Beltway Conference held in Washington, D.C. The event was planned by Jason King, who recently ran 3,214 miles on a tour called “Bitcoin Across America”. The Conference took place at the Marriott Renaissance in Downtown D.C. and proceeds went to King’s organization, Sean’s Outpost, a homeless outreach and advocacy group that operates on bitcoin donations. King defies the laws of physics with the amount of energy he pours into his advocacy. In addition to literally running across the country for Bitcoin and organizing this major event in D.C., he is also a regular speaker at BTC events across the country and a dedicated philanthropist. The event featured speakers such as Patrick Byrne, […]

The post Constructive Reflections on Bitcoin in the Beltway appeared first on Bitcoin Magazine.

Posted on 19 July 2014 | 3:06 pm

Uncoinventional Tour in Review, Our Month on the Road Spending Bitcoin Only

Uncoinventional: the Tour in Review Last month, our family traveled the U.S. spending only bitcoins.  We documented our travels for Bitcoin Magazine through a live blog.  As we embarked on this journey, I had no idea what I had got myself into. Still, I felt compelled to try. For those of you who weren’t following our ups and downs in realtime, here are the highlights: The Numbers The trip took a total of 24 days and brought us to stops in 12 cities. We traveled a total of 4,600 miles and pumped gas 16 times. We stayed in eight hotels, crashed in three guest bedrooms and camped at one campground. We paid seven businesses directly with Bitcoin and used three […]

The post Uncoinventional Tour in Review, Our Month on the Road Spending Bitcoin Only appeared first on Bitcoin Magazine.

Posted on 19 July 2014 | 2:09 pm

Cable TV Joins Digital Currency Network, DISH Network to Accept Bitcoin

Bitcoin, a digital currency once described by critics as unusable, unreliable and even a scam, has defied those remarks as it becomes accepted by a company maintaining over 14 million subscribers and employing 34,000 workers. DISH executive vice president and chief operating officer, Bernie Han, said beginning in July the satellite TV company will accept digital coins through the payment processor, Coinbase. Coinbase is a bitcoin consumer wallet and merchant payment processor that powers 1.3 million consumer wallets, and supports 31,000 merchants. The payment processor, Coinbase, will convert bitcoins to cash using their “Instant Exchange” feature, in order to prevent DISH from being affected by value fluctuations. Coinbase was chosen as the payment processor due to their significantly lower operational […]

The post Cable TV Joins Digital Currency Network, DISH Network to Accept Bitcoin appeared first on Bitcoin Magazine.

Posted on 18 July 2014 | 9:03 am

Bitcoin Megaphone and Anonymous Affiliates

A little while back I reported on a fascinating project I had been following. I have continued to follow this project with interest. As the world’s first Bitcoin-powered pay-per-character publishing platform, Bitcoin Megaphone peaked my interest. Truly innovative and original ideas in the space can be difficult to come by, even with so much happening. Bitcoin Megaphone, the cutting-edge micro-publishing platform, has just unveiled its affiliate program. The program works by instantly paying affiliates 30% of the profits generated by referrals. Since Bitcoin Megaphone uses Coinbase as its merchant platform, the affiliate transactions happen off-blockchain and without fees. What is most fascinating, and only really possible because of Bitcoin itself, is that all that’s required to sign up for the […]

The post Bitcoin Megaphone and Anonymous Affiliates appeared first on Bitcoin Magazine.

Posted on 17 July 2014 | 10:24 am

Bitcoin Magazine and College Cryptocurrency Network Team Up for Special Back-to-School Issue

JULY 16, 2014 – Bitcoin Magazine and the College Cryptocurrency Network (CCN) are pleased to announce the first ever, “Back-to-School with Bitcoin” issue this coming September! Guest-edited by CCN Executive Director, Jeremy Gardner, this issue of the magazine will be dedicated to covering youth in bitcoin, perhaps the most important demographic in bringing blockchain technology to the mainstream. To ensure that this issue of Bitcoin Magazine is chock-full of the brightest young minds in cryptocurrencies, the magazine will be rewarding the top-five student submissions with Bitcoin prizes, which will be made possible by generous donations from our sponsors, in addition to being published in both the print and online edition! Furthermore, there will be a graphic design competition for students who, […]

The post Bitcoin Magazine and College Cryptocurrency Network Team Up for Special Back-to-School Issue appeared first on Bitcoin Magazine.

Posted on 16 July 2014 | 3:00 pm

BitPay Releases Copay Beta – A New Multi-signature Wallet

The Atlanta-based company, BitPay, has been hard at work developing solutions for businesses and individuals in the bitcoin space, and from this, recently released a beta of their new multi-signature wallet, Copay. The wallet is completely open-source and aims to provide a multi-signature transaction that occurs on the blockchain and allows complete control of user funds. Released early last week, Copay can change the way bitcoin users think about transaction processes. Multi-signature technology eliminates having to rely on a third-party to store your bitcoins. Instead, what this technology brings to the table is an easy way to safely maintain possession of your funds, with a wallet that has a wide-range of use cases and will likely become the norm for […]

The post BitPay Releases Copay Beta – A New Multi-signature Wallet appeared first on Bitcoin Magazine.

Posted on 16 July 2014 | 12:36 pm

Expedia to accept Bitcoin payments for hotel bookings

Posted on 12 June 2014 | 12:41 pm

Bitcoin Core version 0.9.1 released

Posted on 8 April 2014 | 4:27 pm

Bitcoin taxfree in Denmark

Posted on 25 March 2014 | 5:46 pm

Bitcoin-Qt v0.9.0rc3 released

Posted on 13 March 2014 | 3:21 am

Mt.Gox Statement

Posted on 3 March 2014 | 3:44 am

Mt.Gox Bankcrupty Protection

Posted on 28 February 2014 | 8:39 am

Added Bitcoin Central to bitcoincharts.com

Posted on 26 February 2014 | 3:21 pm

Problem with transactions

Posted on 10 February 2014 | 6:07 am

Washington Dispensary Now Takes Bitcoin for Cannabis

Posted on 7 February 2014 | 5:39 am

Blockchain banned from App Store

Posted on 7 February 2014 | 5:35 am

Coinbase Now Requires Two Factor Authentication For Certain Actions

Coinbase now requires two-factor authentication (also known as 2FA) for certain transactions and changes to an account. The one primarily dealt with in their blog post, seen here, is sending

The post Coinbase Now Requires Two Factor Authentication For Certain Actions appeared first on Bitcoin Blogger.

Posted on 15 January 2014 | 1:58 am

C.A.T. Cryptsy Auto Trader Prints Money All Day Long!

If you’re like me, you know nothing about daytrading. While I was always interested in it, I lacked the time of day to learn about it, and didn’t have much

The post C.A.T. Cryptsy Auto Trader Prints Money All Day Long! appeared first on Bitcoin Blogger.

Posted on 14 January 2014 | 7:53 pm

‘Almost Human’, A Fox Network Show, Has Shown Bitcoin In The Future

Readers! I present to you two video clips from two separate episodes of ‘Almost Human’, Fox’s newest sci-fi show. To quote Jesús Cripto of CCN: Anyways, it’s likely you haven’t heard

The post ‘Almost Human’, A Fox Network Show, Has Shown Bitcoin In The Future appeared first on Bitcoin Blogger.

Posted on 7 January 2014 | 4:01 pm

Bitcoin In The Beltway: Washington D.C. Bitcoin Conference June 20th-22nd

Bitcoin conventions and conferences are a great way for locals to network and hear motivating words from industry leaders.  More and more Bitcoin Conferences are happening each and every year

The post Bitcoin In The Beltway: Washington D.C. Bitcoin Conference June 20th-22nd appeared first on Bitcoin Blogger.

Posted on 6 January 2014 | 2:50 pm

Bitcoin is no Dinosaur, Doomed to be Extinct, it’s Something Else Entirely

In Stephen Mihm’s latest article in the Bloomberg Opinion section, he calls Bitcoin, in the title of the article no less, a “High-Tech Dinosaur Soon to Be Extinct”. Well, to

The post Bitcoin is no Dinosaur, Doomed to be Extinct, it’s Something Else Entirely appeared first on Bitcoin Blogger.

Posted on 2 January 2014 | 8:59 am

Incentives, Make-Believe Money, and Pretend-to-be-a-day-trader Day

I worry sometimes, folks. Usually about things other than Bitcoin, because it needs time to mature and make its own mistakes. But still, sometimes I worry about it. My biggest

The post Incentives, Make-Believe Money, and Pretend-to-be-a-day-trader Day appeared first on Bitcoin Blogger.

Posted on 23 December 2013 | 7:04 pm

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Someone Attempted to Trademark Bitcoin Again

Marvin Dennis of East London attempted to file a trademark claim over Bitcoin on Nov. 5th, full application seen here. This application is rather… odd though. The filing itself is,

The post Someone Attempted to Trademark Bitcoin Again appeared first on Bitcoin Blogger.

Posted on 23 December 2013 | 6:20 pm

Major Chinese BTC Exchange OKCoin Facing Allegations

OKCoin, touted as the second biggest Chinese exchange, second only to BTC China in volume, is being accused of trading with fake data. Following the ruling that Chinese banks and

The post Major Chinese BTC Exchange OKCoin Facing Allegations appeared first on Bitcoin Blogger.

Posted on 23 December 2013 | 2:23 am

Alleged Silk Road Administrators Arrested in Virigina, Australia, and Ireland

TechCrunch reported on rumors of arrests of some Silk Road administrators earlier this week, and those rumors have been confirmed. According to an official announcement  from the Southern District of

The post Alleged Silk Road Administrators Arrested in Virigina, Australia, and Ireland appeared first on Bitcoin Blogger.

Posted on 21 December 2013 | 10:34 pm

July 22, 2014 -
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