10 Apr '13, 3am

Bitcoin Is A Disruptive Technology

A financial network is a technological platform that people build businesses on top of. And the traditional banking and credit card networks are closed platforms. If you want to build an e-commerce site, a payment network like Paypal, or any other service that deals in dollars, you need to convince incumbent financial institutions to do business with you. Getting such a partnership is difficult and involves a lot of red tape. There’s a good reason for the high barrier to entry: electronic transactions in the conventional banking system are generally reversible. If someone makes a fraudulent charge to your credit card, you can dispute the transaction and in most cases the bank or the merchant, not the customer, will cover the cost. That’s convenient for consumers, but it requires the financial system to be a fairly close-knit web of trust. Allowing a new member into the clu...

Full article: http://www.forbes.com/sites/timothylee/2013/04/09/bitcoin...

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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...

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 Is Already Making A Big Comeback

Bitcoin Is Already Making A Big Comeback

businessinsider.com 10 Apr '13, 9pm

At midnight, Bitcoin was trading around $234. By 8:30 AM ET, the virtual currency had surged to an intraday high of $266 –...

Bitcoin hits new high before losing $160 in val...

guardian.co.uk 10 Apr '13, 8pm

Bitcoin , the digital currency, lost more than $160 (£104) in value on Wednesday, just hours after hitting a record high. ...

Building a Better Bitcoin

blogs.hbr.org 09 Apr '13, 1pm

Well, it's worth whatever somebody will pay for a unit of the online currency, which as I write this is $209, up from $142...

Bitcoin is not a real currency, just some 21st-century cowrie shells: The 'cryptocurrency' has more in common

Bitcoin is not a real currency, just some 21st-...

guardian.co.uk 10 Apr '13, 9pm

The rollercoaster ride of Bitcoin 's valuation has, after a couple of months of being pulled up the roller, hit the "coast...

Bitcoin and the illusion of money

Bitcoin and the illusion of money

bbc.com 12 Apr '13, 2pm

Dubai. Greece. Spain. Portugal. Italy. Cyprus. Ireland. The list of countries needing financial bailouts seems to go on an...

The Man Who Gave His Life To Bitcoin

buzzfeed.com 09 Apr '13, 10pm

Erik Vorhees is what you might call a true Bitcoin believer: he is almost entirely invested in the currency, works at a Bi...

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...

Bitcoin

Bitcoin

economist.com 12 Apr '13, 8am

BITCOIN, the world’s “first decentralised digital currency”, was launched in 2009 by a mysterious person (or persons) know...

People Who Got Money From The Bitcoin Billionaire Are Already Giving It Away

People Who Got Money From The Bitcoin Billionai...

businessinsider.com 10 Apr '13, 4pm

Cybrbeast This image prompted the Bitcoinbillionaire to give $400 worth of Bitcoins to Cybrbeast. Earlier today, a kind-he...

Startup raises $500K to create Bitcoin trading platform

Startup raises $500K to create Bitcoin trading ...

news.cnet.com 10 Apr '13, 12am

Bitcoin's value against the dollar is up 1,500 percent since January (click to see larger image). (Credit: Bitcoincharts.c...

Krugman

Krugman

nytimes.com 15 Apr '13, 2am

The economic significance of this roller coaster was basically nil. But the furor over bitcoin was a useful lesson in the ...

I Tried Hacking Bitcoin And I Failed

businessinsider.com 12 Apr '13, 2pm

But the power of the masses is only shrinking. BitCoin made a technical choice during its initial design that allowed some...

Bitcoin Is A Bad Currency But It Might Be A Goo...

forbes.com 02 Apr '13, 12am

Tim Worstall is skeptical about the recent boom in Bitcoin prices, which soared above $100 on Monday. Worstall is “reasona...