19 Mar '13, 5pm

When Governments Take Your Money, Bitcoin Looks Really Good | Motherboard via @motherboard

When Governments Take Your Money, Bitcoin Looks Really Good | Motherboard via @motherboard

The tiny island of Cyprus became the center of the financial universe over the weekend, after its leaders, facing financial collapse and pressure from EU authorities, announced a plan that would let the government withdraw money directly from citizens' savings accounts in order to fund a massive bailout of its flailing banking sector. As of publication, the measure seemed bound to be rejected by Parliament. But the idea lingers, and has sent shockwaves across a Europe struggling for financial stability. Hear that? That's the sound of Pandora's Box being opened. Forget about the taxpayer bailouts that sparked Occupy Wall Street, European officials are now proposing directly picking the pockets of their citizens by going straight for their banking deposits, a move that Reuters says has “potentially severe consequences for the rest of the troubled euro zone.” Incidentally, it...

Full article: http://motherboard.vice.com/blog/cyprus-spain-when-govern...

Tweets

Bitcoin

bgr.com 18 Mar '13, 12pm

Business March 18, 2013 at 8:40 AM by Tero Kuittinen 8:40 AM Interestingly enough, several Bitcoin-related apps started sp...

Venture capitalists and angel investors take a chance on the #Bitcoin "revolution":

Venture capitalists and angel investors take a ...

dailydot.com 19 Mar '13, 1pm

Bitcoin , the most popular form of self-contained digital currency , has inspired an almost evangelical zeal in its propon...

Bitcoin

Bitcoin

news.yahoo.com 18 Mar '13, 12pm

Interestingly enough, several Bitcoin-related apps started spiking on the Spanish iPhone market over the weekend. Bitcoin ...

Cyprus Bank Raid Bitcoins: Activist Post Is Bit...

activistpost.com 19 Mar '13, 11am

Is Bitcoin now a safe haven currency? It wasn't long ago when it was considered merely an interesting crypto-currency to b...

Bitcoin: the real question is, when the bubble bursts, will it still be usable as a currency?

Bitcoin: the real question is, when the bubble ...

newstatesman.com 18 Mar '13, 12pm

Last week's post pointing out bubbly appearance of Bitcoin's market capitalisation sparked some kickback. That was to be e...

Bitcoin

forbes.com 19 Mar '13, 8pm

Over at Ars Technica I reported on news that the Financial Crime Enforcement Network (FinCEN) has issued new guidelines on...

#bitcoin

#bitcoin

motherboard.vice.com 21 Mar '13, 2pm

King Tut's golden burial mask, via Bjørn Christian Tørrissen Plenty of people still have a difficult time wrapping their h...

US regulator: Bitcoin exchanges must comply wit...

arstechnica.com 19 Mar '13, 4pm

The federal agency charged with enforcing the nation's laws against money laundering has issued new guidelines suggesting ...

The Ascent of Money

forums.condosingapore.com 30 Mar '13, 9pm

https://www.youtube.com/watch?v=4Xx_5PuLIzc http://www.youtube.com/watch?v=coItaKim-vQ Niall Campbell Douglas Ferguson (/ˈ...

The euro is down — and Bitcoin, the peer-to-peer currency, is way up:

The euro is down — and Bitcoin, the peer-to-pee...

theweek.com 22 Mar '13, 1am

How Lululemon got kicked in the (butt-baring) pants Today in business: 5 things you need to know Cyprus rejects the EU bai...

kit

1malaysia.com.my 25 Mar '13, 1pm

MY RECORD ECONOMIC PROGRESS 1MALAYSIA INITIATIVES POLITICAL TRANSFORMATION ENGAGEMENT GLOBAL LEADERSHIP MULTIMEDIA PHOTO G...

Bitcoin Apps Soar in Spain – Will the Cyprus Sh...

maxkeiser.com 18 Mar '13, 2pm

“Interestingly enough, several Bitcoin-related apps started spiking on the Spanish iPhone market over the weekend. Bitcoin...

Cyprus : Most excellent for Bitcoin #bitcoin

bitcointalk.org 16 Mar '13, 1pm

This news could start a chain reaction with several dominoes falling. Imgagine how much a single Bitcoin would be worth an...

#bitcoin

bloomberg.com 20 Mar '13, 6pm

Worried your government is going to take your savings? There's an app for that. Actually, there's an entire currency: Bitc...

This is what a bubble looks like:

This is what a bubble looks like:

newstatesman.com 14 Mar '13, 5pm

This is what a bubble looks like: That's the market capitalisation of Bitcoin, an innovative fiat currency which relies on...