03 Apr '13, 9pm

Confused about Bitcoin? It's 'the Harlem Shake of currency' | Heidi Moore

An obscure digital currency – used mostly for running drugs and laundering money for dictators – suffered a sudden crash on Wednesday , causing a minor sensation mostly among financial journalists and pundits. Bitcoin is a currency created years ago by an obscure hacker in the spirit of subversion, to trade goods while dodging the gimlet eye of financial regulators. While theoretically it can be used for respectable online purchases, it is too complicated to buy and maintain for people who aren't online 18 hours a day, so it is used primarily to fuel a shadow economy of vice. It has boomed in value. You can barely throw a rock without finding some pundit opining on how "Bitcoin is the new gold " or how Bitcoin will undercut the modern financial system. Maybe someday, but no time soon. Bitcoin doesn't work like other currencies . For one thing, it's less like a currency, wh...

Full article: http://www.guardian.co.uk/commentisfree/2013/apr/03/bitco...

Tweets

My column about today's crash: basically, Bitco...

guardian.co.uk 03 Apr '13, 9pm

An obscure digital currency – used mostly for running drugs and laundering money for dictators – suffered a sudden crash o...

Bitcoin: Is the virtual currency the new gold s...

independent.co.uk 03 Apr '13, 6pm

But this gathering of the London Bitcoiners Group marked the point at which something changed. The point at which one hack...

The Bitcoin Bubble and the Future of Currency

The Bitcoin Bubble and the Future of Currency

medium.com 03 Apr '13, 1pm

Investments that are denominated in a given currency include money-market funds, bonds, mortgages, bank deposits, and othe...

Bitcoin, the 'new gold' - but what on earth is it? via @Telegraph

Bitcoin, the 'new gold' - but what on earth is ...

telegraph.co.uk 04 Apr '13, 8am

So how would I buy some of my own Bitcoins? You choose a virtual wallet from one of the various providers. This means you ...

Bitcoin currency value reaches record high of $...

guardian.co.uk 03 Apr '13, 7pm

The value of individual Bitcoins has hit a record high of almost $147 as interest in the cryptographic currency, which has...

Bitcoin currency value reaches record high of $...

guardian.co.uk 03 Apr '13, 7pm

The value of individual Bitcoins has hit a record high of almost $147 as interest in the cryptographic currency, which has...

BITCOIN 101: A Beginner's Guide To The Unfakeable Digital Anarchist Currency Everyone's Obsessed With

BITCOIN 101: A Beginner's Guide To The Unfakeab...

businessinsider.com 05 Apr '13, 11am

Flickr / dekstop See Also 10 Discontinued Products That We Still Miss Dearly Here Are Some Mockups Of What The Rumored Bud...

Bitcoin

Bitcoin

businessinsider.com 10 Apr '13, 6pm

It's shaping up to be a pretty ugly day for Bitcoin. After soaring past $250 earlier , it's tumbled all the way down to cu...

I Bought a Bitcoin

I Bought a Bitcoin

nymag.com 03 Apr '13, 5pm

Yesterday, I did something entirely irrational – something both my common sense and my work as a business writer should ha...

Bitcoin Prices Shoot Up Again, And Have Now Topped $150

Bitcoin Prices Shoot Up Again, And Have Now Top...

businessinsider.com 07 Apr '13, 12pm

Even The Hedge Fund Manager Who Recruited Ron Johnson Is Giving Up On Him Even The Hedge Fund Manager Who Recruited Ron Jo...

What You Need to Know About 'Bitcoin' Currency

What You Need to Know About 'Bitcoin' Currency

entrepreneur.com 07 Apr '13, 3pm

Sure, you can buy Bitcoins with money. But you can also play prospector and "mine" them as well. You do this by using your...

Bitcoin

Bitcoin

businessinsider.com 10 Apr '13, 5pm

It's shaping up to be a pretty ugly day for Bitcoin. After soaring past $250 earlier , it's tumbled all the way down to cu...

Hey @joerogan while heartless feminazis have been hounding you, there is an actual currency REVOLUTION underway:

Hey @joerogan while heartless feminazis have be...

davidseaman.net 08 Apr '13, 12am

There’s a storm coming, Mr. Wayne. You and your friends better batten down the hatches, because when it hits, you’re all g...

Bitcoin Has Surged Another 15% Just Since The Last Time We Mentioned It

Bitcoin Has Surged Another 15% Just Since The L...

businessinsider.com 09 Apr '13, 5pm

HAMPTONS BROKER: Two Wall Streeters Tried To Screw Us Out Of Commissions By Secretly Dropping These Handwritten Notes HAMP...

Bitcoin: the new gold or a giant bubble?

Bitcoin: the new gold or a giant bubble?

telegraph.co.uk 06 Apr '13, 5am

Doesn't this make it worthless? Bitcoin's creators realise that, for anything to be valuable, it has to have some scarcity...