06 May '13, 9am

The Rise of Virtual Currency: A Look at Bitcoin and Ripple

The Rise of Virtual Currency: A Look at Bitcoin and Ripple

There are currently around 10.05 million Bitcoins in circulation, each divided into 100 million smaller units, determined by the mining process. There can be a maximum of 21 million Bitcoins in the market. To buy Bitcoins, you must transfer real money to Bitcoin exchange companies such Mt. Gox , the Tokyo-based and largest Bitcoin exchange company, and create a “wallet ” on your mobile phone or computer to store the money. Meanwhile, Ripple was developed byOpenCoin, a Silicon Valley startup led by financial technology pioneer Chris Larsen (founder of E-LOAN and Prosper) and veteran developer Jed McCaleb, who initially built the Bitcoin exchange Mt. Gox. Ripple's main difference from Bitcoin is that it's not just a single online currency; its allows you to send and receive money in dollars, euros, yen or, even Bitcoin, for the fee of one "ripple." As of this April, one ripp...

Full article: http://www.wamda.com/2013/05/the-rise-of-virtual-currency...

Tweets

Bitcoin

online.wsj.com 07 May '13, 10pm

Bitcoin Startups Begin to Attract Real Cash BY SARAH E. NEEDLEMAN AND SPENCER E. ANTE Bitcoin startups are beginning to ra...

Bitcoin Startups Begin to Attract Cash

online.wsj.com 08 May '13, 3am

Bitcoin Startups Begin to Attract Real Cash BY SARAH E. NEEDLEMAN AND SPENCER E. ANTE Bitcoin startups are beginning to ra...

Here's an explaination so you can stop saying "What the hell is a BitCoin!?"

Here's an explaination so you can stop saying "...

chacha.com 06 May '13, 8pm

The Bitcoin is a digital currency that is entirely anonymous and isn't controlled by any government or entity. Existing on...

Look down at my sneakers now

Look down at my sneakers now

instagram.com 07 May '13, 6pm

Please oh please notice me Justin! If you could also please notice @believe4riley on twitter it is a group that is working...

Bitcoin Startups Begin to Attract Real Cash: St...

online.wsj.com 07 May '13, 11pm

Bitcoin Startups Begin to Attract Real Cash BY SARAH E. NEEDLEMAN AND SPENCER E. ANTE Bitcoin startups are beginning to ra...

CFTC considering setting rules for digital curr...

reuters.com 06 May '13, 10pm

By Douwe Miedema WASHINGTON | Mon May 6, 2013 6:32pm EDT WASHINGTON (Reuters) - The top U.S. derivatives regulator is cons...

Bitcoin: The Alternate Currency of Repressed Re...

redstate.com 06 May '13, 2pm

Download Podcast | iTunes | Podcast Feed On today’s edition of Coffee and Markets , Brad Jackson is joined by Francis Cian...

Regulator mulls setting rules for digital curre...

reuters.com 06 May '13, 10pm

By Douwe Miedema WASHINGTON | Mon May 6, 2013 6:32pm EDT WASHINGTON (Reuters) - The top U.S. derivatives regulator is cons...

Regulator mulls setting rules for digital curre...

news.yahoo.com 06 May '13, 10pm

WASHINGTON (Reuters) - The top U.S. derivatives regulator is considering whether the Bitcoin virtual currency should be su...

Bitcoin Startups Begin to Attract Cash via @WSJ

online.wsj.com 07 May '13, 10pm

Bitcoin Startups Begin to Attract Real Cash BY SARAH E. NEEDLEMAN AND SPENCER E. ANTE Bitcoin startups are beginning to ra...

Bitcoin Startups Begin to Attract Cash

online.wsj.com 08 May '13, 4am

Bitcoin Startups Begin to Attract Real Cash BY SARAH E. NEEDLEMAN AND SPENCER E. ANTE Bitcoin startups are beginning to ra...

It's a "land-grab." Investors pour millions int...

online.wsj.com 09 May '13, 6am

Bitcoin Startups Begin to Attract Real Cash BY SARAH E. NEEDLEMAN AND SPENCER E. ANTE Bitcoin startups are beginning to ra...

Bitcoin Primer: What You Need to Know About the...

blogs.wsj.com 08 May '13, 4pm

By Sarah E. Needleman and Spencer E. Ante Bitcoin startups are beginning to raise sizable investment capital even as indus...

Engadget Primed: The rise (and rise?) of Bitcoin

Engadget Primed: The rise (and rise?) of Bitcoin

engadget.com 08 May '13, 7pm

If we want to learn about the downsides of Bitcoin, then we should turn to Nobel Prize-winning economist Paul Krugman, who...

A Bitcoin Primer: What You Need to Know About t...

blogs.wsj.com 08 May '13, 5pm

By Sarah E. Needleman and Spencer E. Ante Bitcoin startups are beginning to raise sizable investment capital even as indus...