29 Jan '13, 7pm

Bitcoin "Could Undermine Central Banks." Woo hoo!

Greater demand for virtual currencies could have a negative impact on the reputation of central banks, according to a report published by the European Central Bank in October last year. Since the report was released, bitcoin has risen more than 55 percent against the dollar and use of the currency has surged. Bitpay Inc., a bitcoin payment processing company that recently raised $510,000 in an investment round, this month announced that the number of companies using its services has increased almost 50 percent to more than 2,000 since November, when blog management firm WordPress.com said it would accept the digital currency. “I think the ECB obviously is concerned, and it’s not reputational,” said Steve Hanke , a professor at Johns Hopkins University in Baltimore who helped to establish new currency regimes in countries such as Argentina and Bulgaria . “I think it’s a com...

Full article: http://reason.com/blog/2013/01/29/bitcoin-could-undermine...

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Bitcoin has doubled in value simply because supply has been halved artificially. Who exactly decides that the reward for s...

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stratrisks.com 29 Jan '13, 9pm

Greater demand for virtual currencies could have a negative impact on the reputation of central banks, according to a repo...

Bitcoin’s surging value could threaten central banks:

Bitcoin’s surging value could threaten central ...

deathandtaxesmag.com 28 Jan '13, 10pm

More than the world’s religions, its central banks are sacrosanct. Which is why it’s crazy that Bloomberg is now reporting...

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An increase in the value of bitcoin, the world’s largest online currency, may fuel concerns that virtual money could under...

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Bitcoin. Controversial. Game changing. Complicated yet simple. While most of my non fiat money is in precious metals, ther...

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bloomberg.com 28 Jan '13, 5pm

U.S. Stocks Little Changed Amid Economic Data, Earnings Watchdog Says U.S. Treasury Failed to Curb AIG, GM Pay Berkshire S...

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screwbanks.net 03 Feb '13, 2pm

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bloomberg.com 28 Jan '13, 2pm

An increase in the value of bitcoin, the world’s largest online currency, may fuel concerns that virtual money could under...

Alternative Currencies> BITCOIN> Bitcoin’s Gain...

wakingthebull.com 28 Jan '13, 7pm

Wow bitcoin is rocking over 18 now, great call guys under 5. Here is a interesting article. Bitcoin’s Gains May Fuel Centr...

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mobile.bloomberg.com 28 Jan '13, 2pm

Bitcoin’s Gains May Fuel Central Bank Concerns: Chart of the Day By Max Raskin January 27, 2013 7:00 PM EST Click 'Queue' ...

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thebitcointrader.com 28 Jan '13, 10pm

A big day for Bitcoin today, as articles about the currency have hit both Bloomberg and ZeroHedge . Bloomberg's article wa...