Is Bitcoin a Currency or a Commodity?
This is the question being hashed out in court in a dispute between bankrupt Bitcoin miner manufacturer Hashfast and a person the company employed to promote their products by writing blog posts and posting on forums. The crux of the…
Jeff Garzik Starts Bloq, a Blockchain Tech Company
Jeff Garzik, one of Bitcoin’s core developers, has announced that he is starting a new business, named Bloq, that will help companies incorporate blockchain technologies into their systems. The startup is being funded with a relatively modest 250,000 dollars from…
How Bitcoin Helps Businesses Survive in Argentina
BizTek Mojo published an excellent article explaining how Bitcoin is helping some businesses in Argentina beat the hyperinflation and capital controls in place there. Basically, it works like this: A hotel can accept any credit card payment via BitPagos,…
Adam Draper Documents Boost VC Investors’ Enthusiasm for Bitcoin
When I first got involved in Bitcoin, the talk was of adoption curve which was going to propel us to the Moon with a sudden influx of adoption. Then we had the bubble of 2013, the MT Gox debacle, and…
Japan Projected to Lower Interest Rates to more than -3%
When I was a kid, my parents helped me open my first savings account. I don’t remember precisely, but I think the interest rate I was given for savings was around 2 percent. My mother explained to me: The banks…
DoubleMyBTC.com: Just Another Scam
This is in from DinBits.com. They have done some good investigative work and discovered that this site, DoubleMyBTC.com is a scam. As they rightly point out in their article, the first, and best, tipoff that this site is a scam…
Bitcoin an Antidote to Government Pork?
Usually I’m a big fan of David Stockman’s Contra Corner, but this piece went just a little over the line for me. Given the searing amount of hypocrisy oozing from the right side of the political sphere, this article seems…
From CopBlock: Bitcoin helps to defund the police state
By Amanda B. Johnson. Article courtesy of CopBlock 08/10/2014 What are the teeth of a police state? What are its claws? How can an organization continually act in direct opposition to the wishes of a population that it claims to…
Bitcoin and the New Fourth Estate: An Interview with Cop Block
Since the founding of the nation, a free press has been seen as essential to keeping the people informed and the government honest. The Fourth Estate, although not an official branch of the government, has always been considered to have…
How Bitcoin is Enabling the Mainstream Press to Attack It
This morning another hit-piece on Bitcoin was published by Jason Bloomberg on Forbes. His argument essentially boils down to the current debate about how to scale Bitcoin up and the possibility of a hard fork to Bitcoin Classic, raising the…