24 Mar '13, 11pm

Bitcoin's Rise To Reliable Currency

Bitcoins are a decentralized virtual currency that rely on public-key cryptography. If you buy something with a Bitcoin you're simply transmitting a symbolic token stamped with a complex number that transfers ownership to someone else. Unlike traditional banking, which keeps customer information private, Bitcoin transactions are transparent so the "market" knows when a bitcoin is spent but not the owner's identity. Money supply is increased by users who "mine" bitcoins by dedicating computer processing power to the Bitcoin network. Bitcoins are not regulated by any government or bank, and the currency has seeped into criminal activities. As a result, legislators are threatening crackdowns, and some claim it is a vast scam.

Full article: http://www.fastcolabs.com/3007320/tracking/bitcoins-rise-...

Tweets

Bitcoin bubble or new virtual currency?

Bitcoin bubble or new virtual currency?

macrobusiness.com.au 24 Mar '13, 10pm

The increase in value of Bitcoins (market capitalisation of all Bitcoins rose from just over $100m to almost $800m with th...

Canadian house first on sale for Bitcoin currency

rt.com 25 Mar '13, 9am

Canadian house first on sale for Bitcoin currency Get short URL Published time: March 25, 2013 09:43 Tweet Share on Tumblr...

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nakedcapitalism.com 26 Mar '13, 4am

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businessinsider.com 01 Apr '13, 9am

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Sorry, but Bitcoin isn't a 'currency'

Sorry, but Bitcoin isn't a 'currency'

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

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Bitcoin – The Anarchist Virtual Currency

maxkeiser.com 31 Mar '13, 3am

Thanks for your tireless work on BTC at maxkeiser & stacyherbert. Here is an idea for the next article on Japan. I saw a b...

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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...

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cbc.ca 22 Mar '13, 9pm

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How online currency like #bitcoin has had to enter the real world:

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finance.fortune.cnn.com 25 Mar '13, 3pm

New federal regulations make online currencies act more like traditional forms of cash. FORTUNE – Remember those days when...

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bloomberg.com 22 Mar '13, 9pm

Welcome to the real world, Bitcoin. The U.S. government has officially legitimized the popular crypto-currency and other "...

The Rise Of Bitcoin [INFOGRAPHIC]

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businessinsider.com 04 Apr '13, 2pm

SOURCE: Marissa Mayer And Her COO Disagree Over The Merits Of Her First Big Deal, And Now It Might Fall Apart SOURCE: Mari...

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leaksource.wordpress.com 23 Mar '13, 7pm

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abcnews.go.com 23 Mar '13, 2pm

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huffingtonpost.com 29 Mar '13, 6pm

Actually, Cypriots would disagree with you today. Lots of people can't move their toxic euros anymore. People are jumping ...

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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 ...