If Gox lost 750,000 Bitcoins, Where’d They Go?
I’m going to say it. Something doesn’t seem right with the story we’re getting. Who the hell runs a half-billion dollar business and doesn’t have accounting procedures in place good enough to notice the loss of nearly ALL ASSETS. According…
Open Intelligence Says: No Free Lunch
Open Intelligence says: NO FREE LUNCH – Completely frictionless trading with Bitcoin looks increasingly unlikely. The Mt Gox ‘bug’ has already cost Bitcoin users a lot of money. In the not too distant future, one of the costs will be…
GKS Katowice the First Professional Football Club to Accept Bitcoin
By Mark Norton – Editor at BitcoinWarrior.net Last month the Sacramento Kings became the first sports team that I’m aware of to officially accept Bitcoin spurred by the owner, Vivek Ranadivé, passion to bring technology, globalization, and community partnerships to…
What’s Down at Mt. Gox: Clearing the Way for Bitcoin Growth
For a significant part of the last three years, Mt. Gox was the Bitcoin exchange. In the spring of 2013, they advertised themselves as hosting more than 80% of Bitcoin exchange transactions. They set the standard for other exchanges, and…
The Need for a Disruptive Force Like Bitcoin
National Security Agency (NSA) documents taken by Edward Snowden and obtained by NBC News reveal that the British spy unit known as the Joint Threat Research and Intelligence Group (JTRIG) developed and deployed offensive strategies that included hacking…
Passing Bitcoin Around the World: Next Event – February 8, 2014
This is a repost of the article we ran about the Passing Bitcoin Around the World last October. The next event is Saturday, February 8, 2014. Hope to see you there! _________________________________________________ The velocity of Bitcoin made the news a few…
The Homeless Shelter that Only Takes Bitcoin
The high popularity of Bitcoin is exemplified by this homeless shelter that operates with Bitcoin. On the coast of Florida, Sean’s Outpost, a legal sanctuary for the homeless is located in the Satoshi forest. Here homelessness is a crime, but…
Should I Invest in Bitcoin?
Should I Invest in Bitcoin? By David Schweer Over the past few months I have watched bitcoin’s value rise exponentially. I had no idea what bitcoin was and never even heard of crypto currency a few months ago. But with the recent government and media…
Bitcoin and Security: An Interview with Bitcomsec
2013 was a very successful year for Bitcoin in terms of price and adoption. As has been said, though, as far as we have come, the road ahead is still tremendously long and there is still lots to do….
Bitcoin and Taxes
With bitcoin (briefly) hitting a landmark figure of $1000 per bitcoin on some exchanges following the green light seemingly given by the US Senate Hearings, cryptocurrency is here to stay. The transition to a bitcoin economy will see nation states…