Of Bitcoin’s Improving PR and Price Stagnation
For nearly two years, we have been following Bitcoin in the mainstream news. For the most part, we’d have to say that the coverage has been bad. Drugs, money laundering, Ponzi and pyramid schemes, hacks, thefts, bankruptcies, arrests… For…
Expresscoin: The Coinbase for the Unbanked
Santa Monica-based bitcoin and dogecoin exchange expresscoin has officially launched after months of under-the-radar testing. The formal launch marks the final rebranding of Cash Into Coins as expresscoin, a move that co-founder and CEO Will Wheeler…
Bitcoin Schism
Centralisation versus distributed anonymity The centralisers can be shut down by central bankers and subject to hacking a la Mt Gox. They are also in a better position to manipulate markets. The distributed network model has yet to be tested…
“Commodity” is the Right Way to Pitch Bitcoin
A persistent meme amongst bitcoiners is the rollercoaster. There is nothing like holding a stash of bitcoins and watching the price to make you hold on for dear life (HODL – the cry of many a bitcoiner) or want to…
Drugs, Scams, and Terrorism: Bringing Balance to Bitcoin Reporting
In recent days there have been a slew of articles published reporting how the Combating Terrorism Technical Support Office has listed Bitcoin as one threat area that they are seeking submissions to research in preparation for future possible terrorist attacks….
BTC-ARBS.com J.A.S. (Just Another Scam)
In five or ten years, the Bitcoin landscape is going to be very different than it is right now. In the last few months, the community has been hit over and over by hacks, thefts, mind-boggling amateurishness in businesses at…
Bitcoin Markets Being Manipulated with Rumors – via Open Intelligence
Our friends at Open Intelligence have sent us another interesting alert by way of the Bitcoinowl suggesting that the Bitcoin markets may be being victimized by corrupt players. Serge Schouterden wrote in this article on Bitcoinowl that CoinDesk might itself…
Bitcoin criminals are constant challenge
By Del Quentin Wilber, Bloomberg April 8, 2014 • Reprints Attorney General Eric Holder said the U.S. Justice Department is working to keep pace with Bitcoin and other virtual currencies to short-circuit their use in buying and selling illegal goods…
Bitcoin, the organism: Jeff Garzik at TED at
After helping to inaugurate CNN.com on the Internet in the early 1990s, Garzik worked at a succession of Internet startups and service providers for over two decades, all while working on open source software engineering projects. Involvement in one…
Middle Class Extinction: 9 Of The Top 10 Occupations In US Pay An Average Of Less Than $35k A Year
When you break that down, that means that most of these workers are making less than $3,000 a month before taxes. And once you consider how we are being taxed into oblivion, things become even more frightening. Can you pay a mortgage and support…