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    Proof of Reserves: Born of Tragedy, Will Slowly Become the Global Standard of Auditing

Proof of Reserves: Born of Tragedy, Will Slowly Become the Global Standard of Auditing

How bizarre that common criticisms of Bitcoin revolve around the issue of trust, or lack thereof. Perhaps more than any other point, Bitcoin beats most modern standards on the issue of “trust” hands down. As the world wakes up […]

Hurdles to Crytocurrency Adoption

 Written by Richard Lyons via the Digital Currency Council.

As the awareness and popularity of digital currency advances there are a number of barriers emerging, which in the short term may limit how and where Bitcoin may be used. While the understanding of […]

Fed Official Warns Big Banks: Shape Up or Be Broken Up


Bankers must fix a business culture that encourages bad behavior, Federal Reserve Bank of New York (FRBNY) head William Dudley told Wall Street executives in a speech on Monday. Without sweeping changes such as making managers pay regulatory fines out […]

How High Does Criminality Go at JPMorgan

By Pam Martens and Russ Martens: October 22, 2014 – First Appeared on Wall Street On Parade

Yesterday the Inspector General of the Federal Reserve System released a highly abbreviated report on the New York Fed’s supervision of JPMorgan’s Chief Investment […]

90% Tax Rate for the 1%

A 90 percent tax rate on the top 1 percent of American earners wouldn’t just significantly reduce income and wealth inequality and boost government tax revenues. It would also be the optimal level for Americans’ welfare, according to a new […]

EFF, Internet Archive, and Reddit Oppose the BitLicense

Privacy, Economic and Free Speech Flaws in Proposed Bitcoin Regulatory Scheme

San Francisco – The Electronic Frontier Foundation (EFF), along with reddit and the Internet Archive, today filed formal comments with the New York State Department of Financial Services opposing the state’s […]

Laura Poitras: Edward Snowden and the Golden Age of Spying

Laura Poitras at PopTech 2010 conference in Camden, Maine. (Photo: PopTech /flickr CC 2.0)

Here’s a Ripley’s Believe It or Not! stat from our new age of national security. How many Americans have security clearances? The answer: 5.1 million, a figure that reflects the explosive growth […]

Plutus Miners: ASIC Scrypt Mining for Everyone

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In January of 2009 the first Bitcoin block was mined by Satoshi Nakamoto, kicking off the mining race that is still going on. People started off mining with their regular computers, then upgraded to mining with […]

How the Poor are Punished for Being Poor

Originally posted on TalkPoverty.org.

This past weekend, I was part of a panel discussion on MSNBC’s Melissa Harris Perry with New York Times reporter Michael Corkery, whose reporting on the rise in subprime auto loans is as horrifying as it is important.

In what seems a reprisal of the […]

A Talk with Adam Krellenstein of Counterparty

Five years into its development, despite the huge strides Bitcoin has made, it is in many ways still more promise than reality. Barely realized are the promises of mass micro-transactions, cheap and easily convertible remittances, self-executing contracts, and decentralized […]

KoreCoin: They Skype of Cryptocurrencies

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“Mr. Watson. Come here. I want to see you.”

Kore’s reply, “We are on our way!”

Every so often there’s an idea, a technology, an applied product that so perfectly meets a need it seems born of genius.

Satoshi […]

Why My Business Accepts Bitcoin, and Why Yours Should Too

Originally posted on the Digital Currency Council. By Ryan Lazanis of Xen Accounting.

Bitcoins. It’s a pretty hot topic right now. For some, it’s also something that’s a bit mysterious and controversial. I mean, how in the world can you have […]

WSJ Reports on the Megatrend of Decentralization

In May, 1787, delegates from the 13 states began arriving in Philadelphia to fix the Articles of Confederation, which had proven too weak to allow the national government to operate effectively. After the War for Independence, the states were […]

The Motley Fool Slams Bitcoin: A Response

It is always nice to see Bitcoin getting coverage in the mainstream press, especially when you keep in mind the old adage that there’s no such thing as bad press. To be sure, when people read reports of Bitcoin […]

Bytecoin (BCN): A Different Kind of Cryptocoin

I have always been impressed with the idea of Bitcoin and I have persistently been tracking its progress since 2011. Still, being a supporter of one great idea doesn’t get in a way of being a sucker for exploring […]