Budapest gets bitcoin taxis
Do you need a taxi and don’t have cash or a credit card? Well if you’re in Hungary’s capital Budapest you’re in luck if you hold some bitcoin. It is the latest city where you can use the virtual currency…
Princeton to Publish a Definitive Book on Bitcoin for Developers
As Bitcoin struggles to establish its relevance and resilience, it can be easy to lose sight of the fact that it really is a revolutionary technology with the potential to change the world. A reminder of that is the fact…
Russians Conflicted About Bitcoin and the Blockchain
At a time when the government of Russia seems to be inching closer to outright banning Bitcoin, or at least trying to do so, the Russian central bank apparently is taking a more realistic approach. According to CoinDesk, deputy chair Olga…
Morgan Stanley Settles Mortgage Case for $3.2 Billion
New York Attorney General Eric T. Schneiderman announced a $3.2 billion settlement with Morgan Stanley over the bank’s deceptive practices leading up to the financial crisis. “Our focus in this area is really related to the harm done, the damage…
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…