20 Mar '13, 5am

Is Bitcoin the New Safe-Haven Currency? Bitcoins Surge After Cyprus Bank Raid

Is Bitcoin the New Safe-Haven Currency? Bitcoins Surge After Cyprus Bank Raid March 20, 2013 | Filed under: Economics ,Europe | Posted by: JGVibes Activist Post March 20, 2013 Is Bitcoin now a safe haven currency? It wasn’t long ago when it was considered merely an interesting crypto-currency to buy illegal drugs on Silk Road. Now, citizens all over Europe appear to be flocking to Bitcoin as the European finance vultures circle above. Europeans woke up this week with a lot less confidence in their banking system after European finance chiefs and the International Monetary Fund announced their plan to steal from private bank accounts in Cyprus in the form of a one-time “wealth tax” to bailout insolvent banks. These “taxes” will be frozen and confiscated directly out of citizens’ private accounts.”Most of the 10 billion euros will go to bail out Cypriot banks,” according to ...

Full article: http://intellihub.com/2013/03/20/is-bitcoin-the-new-safe-...

Tweets

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

#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...

Would Cyprus be better off calling the European Central Bank's bluff instead of taxing its own savers?

Would Cyprus be better off calling the European...

neweconomics.org 19 Mar '13, 3pm

Cyprus is unusual: a tiny economy – less than 0.2% of the eurozone’s total output - run as a tax haven with gloriously lax...

Bitcoin interest spikes in Spain as Cyprus financial crisis grows

Bitcoin interest spikes in Spain as Cyprus fina...

wired.co.uk 20 Mar '13, 12pm

If you think your savings are under threat -- from a banking collapse, government seizure or anything else -- the traditio...

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...

Bitcoin: the fastest growing currency in the wo...

guardian.co.uk 22 Mar '13, 4pm

Bitcoin is an unregulated, uncontrolled online currency – worth more than £500m, it's the world's fastest growing. It can ...

Sorry, but Bitcoin isn't a 'currency'

Sorry, but Bitcoin isn't a 'currency'

go.bloomberg.com 21 Mar '13, 10pm

Photographer: Stephen Hilger/Bloomberg News. Unlike Bitcoins, real currency can be used to buy stuff. The most recent perm...

Bloomberg

bloomberg.com 21 Mar '13, 3pm

March 21 (Bloomberg) -- Sara Eisen takes a look at Bitcoin, what it is and how it's used. She speaks on Bloomberg Televisi...

#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...

Cyprus Crisis Boosts Odd Currency - Bitcoins

Cyprus Crisis Boosts Odd Currency - Bitcoins

abcnews.go.com 23 Mar '13, 12pm

The use of the virtual currency, bitcoins, is one the rise. (Getty Images) Currency markets are keeping close track of Cyp...

Digital currency value skyrockets in wake of Cyprus crisis: Bitcoin bubble.

Digital currency value skyrockets in wake of Cy...

itnews.com.au 21 Mar '13, 9pm

The value of the digital currency Bitcoin has appreciated over the last few weeks as monetary worries in Europe drive peop...

Bitcoin Sees Broad Global Adoption of its Controversial Virtual Currency

Bitcoin Sees Broad Global Adoption of its Contr...

brandchannel.com 21 Mar '13, 4pm

Bitcoin , the virtual currency anonymously exchanged through an online peer-to-peer network, has hit the mainstream radar ...

Bitcoin

businessweek.com 20 Mar '13, 3pm

Since Sunday, a trio of Bitcoin apps have soared up Spain’s download charts, coinciding with news that cash-strapped Cypru...

Canadian man to sell house for Bitcoin virtual currency

Canadian man to sell house for Bitcoin virtual ...

bbc.co.uk 20 Mar '13, 5pm

20 March 2013 Last updated at 17:17 GMT Share this page Delicious Digg Facebook reddit StumbleUpon Twitter Email Print Can...

Spaniards shield assets in Bitcoin to avoid Cyp...

reason.com 20 Mar '13, 11pm

Reason The great Cypriot bank account grab of 2013 may or may not be off. Sure, Cyprus's lawmakers rejected a proposal tha...