12 Jun '13, 3pm

Why #bitcoin is the future, whether it survives or not.

Why #bitcoin is the future, whether it survives or not.

The attraction of the Bitcoin is not just the anonymity it provides to users (an anonymity that the U.S. government has alleged some users have employed for money laundering). Bitcoin is also secure against traditional forms of counterfeiting. More important, the Bitcoin is designed to be scarce and thus immune to inflation. There is a limit to the number of Bitcoins—21 million—that is determined by a transparent rule and not by the whim of a central banker.... It is likely that other digital alternatives to currency will emerge, each one competing in the market to satisfy the needs of users. The possibilities are limited only by the imagination. Here is one: Cloud-computing companies could issue certificates convertible into an hour of premium computing. Prices for other services could be quoted in terms of these certificates. The analogy is to traditional gold-backed cur...

Full article: http://reason.com/blog/2013/06/12/why-bitcoin-is-the-futu...

Tweets

The future of Bitcoin - Business Spectator

businessspectator.com.au 12 Jun '13, 11pm

Virtual currencies have grown significantly in the last few years and are now beginning to attract the interest of financi...

VIDEO: Is Bitcoin the future of currency?

bbc.co.uk 11 Jun '13, 4pm

The virtual currency Bitcoin is growing in popularity and some are even calling it the future of money. Spencer Kelly expl...

BBC News - Is Bitcoin the future of currency?

bbc.co.uk 11 Jun '13, 4pm

The virtual currency Bitcoin is growing in popularity and some are even calling it the future of money. Spencer Kelly expl...

Bottoms Up For Bitcoin - Banktech #bitcoin

banktech.com 12 Jun '13, 1pm

Bitcoin is edging ever-closer to mainstream relevancy. Already, late last year, a European Bitcoin exchange announced it s...

PRISM’s effect on bitcoin prices

PRISM’s effect on bitcoin prices

coindesk.com 11 Jun '13, 9am

Say what you will about the revealing of the U.S. government’s program for phone surveillance as well as data collection f...

Future uncertain for Wegmans LPGA Championship

Future uncertain for Wegmans LPGA Championship

golfweek.com 10 Jun '13, 3pm

PITTSFORD, N.Y. –– Linda Hampton’s office is situated in the shower of what once was the women’s locker room at Locust Hil...

London's Bitcoin pub

London's Bitcoin pub

wired.co.uk 17 Jun '13, 12pm

The system works like this: when the bartender tells the till to accept a Bitcoin payment, it sends a message to Early's s...

The Bitcoin believers

The Bitcoin believers

ft.com 14 Jun '13, 1pm

In recent weeks, high-profile venture capital outfits, such as Thiel’s Founders Fund and Fred Wilson’s Union Square Ventur...

What is #Bitcoin?

youtube.com 10 Jun '13, 1am

Are we at the threshold of a new currency era? Bitcoin has exploded in popularity in recent months, leaving analysts confl...

Bitcoin Millionaires Become Investing Angels

technologyreview.com 12 Jun '13, 4am

Crypto-tycoon: Roger Ver invested his life savings in bitcoin. Every time you spend bitcoins to buy a drink at Evr , a swa...

Couple Wants to Spend First 90 Days of Marriage Using Only Bitcoin, Film ... - Reason #bitcoin

Couple Wants to Spend First 90 Days of Marriage...

reason.com 13 Jun '13, 7pm

Life on Bitcoin A soon-to-be-married couple in Utah launched a Kickstarter to fund a documentary about spending the first ...

Coinbase investor: Bitcoin is the currency of the future - CoinDesk via @coindesk #bitcoin

Coinbase investor: Bitcoin is the currency of t...

coindesk.com 06 Jun '13, 9pm

A gathering of A-list entrepreneurs, investors and Bay Area politicians — Bloomberg’s Next Big Thing Summit — is set to ta...

Captive Financiers to Play Crucial Role in Futu...

renewableenergyworld.com 13 Jun '13, 2pm

Sometimes known as non-recourse finance, project finance emerged as a popular technique in the 1980s primarily as a means ...

PRISM’s effect on bitcoin prices

maxkeiser.com 11 Jun '13, 9am

OK…So Bitcoin Software is no secret, it’s open source! Maybe it’s time for a Bitcoin-Secure Service? This could only be pr...