29 Mar '13, 2am

There’s nothing to trust but math." - @ftrain on Bitcoin & its potential in the global economy:

One of the oddest bits of news to emerge from the economic collapse of Cyprus is a corresponding rise in the value of Bitcoin, the Internet’s favorite, media-friendly, anarchist crypto-currency. In Spain, Google (GOOG ) searches for “Bitcoin” and downloads of Bitcoin apps soared. The value of a Bitcoin went up to $78. Someone put out a press release promising a Bitcoin ATM in Cyprus. Far away, in Canada, a man said he’d sell his house for BTC5,362. Bitcoin was created in 2009 by a pseudonymous hacker who calls him or herself Satoshi Nakamoto (and who might be several people). It’s a form of virtual cash used to buy goods and services online. Even by Web standards, it’s a strange and supergeeky phenomenon. This is what happens when software and networks meet the concept of currency, when you take peer-to-peer networks and advanced cryptography and ask, “How can I make a new...

Full article: http://www.businessweek.com/printer/articles/105346-bitco...

Tweets

Bitcoin May Be the Global Economy's Last Safe Haven

Bitcoin May Be the Global Economy's Last Safe H...

businessweek.com 28 Mar '13, 10am

One of the oddest bits of news to emerge from the economic collapse of Cyprus is a corresponding rise in the value of Bitc...

global currency

mobile.businessweek.com 28 Mar '13, 10am

Bitcoin May Be the Global Economy's Last Safe Haven By Paul Ford March 28, 2013 6:00 AM EDT One of the oddest bits of news...

An optimistic theory of Bitcoin as a 'hedge aga...

theverge.com 28 Mar '13, 7pm

Businessweek has a thoughtful and well-written defense of Bitcoin , the open source virtual currency that approximates cas...

Paul Ford, Bitcoin May Be the Global Economy's ...

stoweboyd.com 31 Mar '13, 11am

Paul Ford, Bitcoin May Be the Global Economy’s Last Safe Haven Maybe Bitcoin’s devotees are right, and it’s the currency o...

Bitcoin’s Moment: Bitcoin may reach $100 today....

lfb.org 29 Mar '13, 4pm

Well, it’s good as an analogy, but it is both more complicated and more amazing. The numbers are not literally property (f...

As Bitcoin Becomes Billion Dollar Market Americ...

news.firedoglake.com 29 Mar '13, 8pm

The bitcoin market has officially crossed the billion dollar mark. It was a mere two years ago that bitcoins were introduc...

Bitcoin: The Cyberpunk Cryptocurrency

slideshare.net 29 Mar '13, 7pm

Bitcoin is touted for its many improvements to traditional currency. It is easy to transfer, requires no central authority...

Bitcoin Hits $1 Billion

spectrum.ieee.org 29 Mar '13, 3pm

Bitcoin , the world's first open source cryptographic currency , which has been on a tear since the beginning of this year...

Because if Bitcoin is here to stay, you should probably know how it actually works:

Because if Bitcoin is here to stay, you should ...

motherboard.vice.com 31 Mar '13, 12pm

from the anti-money laundering arm of the U.S. Treasury, FinCEN, brought further clarity to the situation by addressing de...

Experts pour cold water on claim that Cyprus cr...

arstechnica.com 29 Mar '13, 12am

Bitcoin's value continues to rise. Zach Copley Cyprus just re-opened its banks Thursday after a two-week bank holiday mean...

The Health of the Economy is Tied to the Building Sector.

The Health of the Economy is Tied to the Buildi...

architecture2030.org 02 Apr '13, 6pm

As the economic recession of 2008 clearly demonstrated, a weak Building Sector can have significant impacts on the overall...

Bitcoin Is Now Seeing Massive Hyperdeflation That Could Devastate Its Economy

Bitcoin Is Now Seeing Massive Hyperdeflation Th...

businessinsider.com 01 Apr '13, 3pm

The price of a bitcoin -- the uber-buzzy digital currency -- is surging. A few weeks ago it was at $40. This morning the p...

Bitcoin

spectator.co.uk 28 Mar '13, 11am

Last time I was here (two weeks ago; how’ve you been?) I briefly mentioned Bitcoin, an emerging internet currency I didn’t...

@mariabustillos

newyorker.com 02 Apr '13, 2pm

In this way, bitcoins are mined like gold used to be, in quantities that are small relative to the total supply, so that t...