20 Jun '13, 4pm

Bitcoin at Porcfest, Part 3: Interview with Doug French #bitcoin

Bitcoin at Porcfest, Part 3: Interview with Doug French #bitcoin

: I was just thinking about the differences between the banking system in a Bitcoin as oppose to a banking system in a fiat currency world, and one of the advantages of bitcoin is that you can’t have fractional reserve banking. Because when you lend a bitcoin, there’s a title to each and every bitcoin that must be transferred. In the case of fractional reserve banking, people put money in the bank, they retain title to it, but the money is left to someone else, so you have this duplication of money that happens over and over and over again, roughly 10 times over the course of the banking system. That cannot occur in the case of Bitcoin, which I think a lot of people probably don’t realize, and it’s one of the huge advantages to a Bitcoin world. I think people focus too much on the Fed’s ability to create money when it’s the banking system with the cartelization and the bac...

Full article: http://bitcoinmagazine.com/bitcoin-at-porcfest-part-3-int...

Tweets

Bitcoin At Porcfest, Part 1: A Social Experiment #bitcoin

Bitcoin At Porcfest, Part 1: A Social Experimen...

bitcoinmagazine.com 20 Jun '13, 2am

What is also interesting about Bitcoin and Porcfest is just how well Bitcoin fits into the core Free State Project philoso...

Interview with Tuur Demeester #bitcoin

Interview with Tuur Demeester #bitcoin

bitcoinmagazine.com 19 Jun '13, 8pm

Bitcoin Magazine had an opportunity to interview Tuur Demeester , author of the financial newsletter MacroTrends which goe...

How would you like your bitcoin wrapped, Mr. Fi...

twitter.com 19 Jun '13, 2pm

When you tweet with a location, Twitter stores that location. You can switch location on/off before each Tweet and always ...

Bitcoin At Porcfest, Part 0: Exploring Boston and New Hampshire #bitcoin

Bitcoin At Porcfest, Part 0: Exploring Boston a...

bitcoinmagazine.com 15 Jun '13, 5pm

a post on the Bitcointalk forum with the following title: “Porcfest 2012: Biggest Bitcoin Event Ever.” Porcfest is one of ...

Bitcoin

nymag.com 20 Jun '13, 4pm

Bitcoin isn't quite like a traditional currency. Even if the pieces of the Bitcoin infrastructure that intersect with the ...

Why Bitcoin is on the money via @Telegraph

telegraph.co.uk 24 Jun '13, 8pm

BitCoins are "mined" by peers in the BitCoin network, who apply computing power to solve complex mathematical problems. Th...

The Bitcoin ATM

The Bitcoin ATM

reason.com 21 Jun '13, 8pm

Jeff Berwick is the founder of BitcoinATM, a company that aims to make real-world transactions with the stateless online c...

Bitcoin Takes Another Step into the Medical Arena: An Interview with Dr. Austin Cohen #bitcoin

Bitcoin Takes Another Step into the Medical Are...

bitcoinmagazine.com 18 Jun '13, 1pm

Bitcoin continues to grow in popularity for professionals in a wide array of fields. In addition to serving as an attracti...

Create #Bitcoin Pool by buckyballs: Need a Bitc...

freelancer.com 23 Jun '13, 1am

Need a Bitcoin pool created. I will provide the server with any OS you need on it(I prefer CentOS). I need it to have a wo...

Bitcoin is over.

nymag.com 20 Jun '13, 4pm

Bitcoin isn't quite like a traditional currency. Even if the pieces of the Bitcoin infrastructure that intersect with the ...

At Coin Week: BITCOIN VS. GOVERNMENT-ISSUED FIAT... #AlDoyle #FeaturedNews #NumismaticTech #bitc…

At Coin Week: BITCOIN VS. GOVERNMENT-ISSUED FIA...

coinweek.com 22 Jun '13, 12pm

What backs these monetary units? Algorhythms might appeal to geeks and techies, but it’s essentially the same hot air that...

An interview with [David] of Ulitimaker

hackaday.com 20 Jun '13, 3pm

Unlike the other “OMG TYPO!” calling usually happening here on HaD. You actually are a bit in your right here. I go by the...

Debating Bitcoin: Will the Cryptocurrency's Mer...

businessweek.com 19 Jun '13, 10am

When it comes to the merits of Bitcoin, even the tech community is still on the fence. Coming into a debate about the dece...

US Treasury Denies It Is Trying To Torpedo Bitcoin

zerohedge.com 17 Jun '13, 11pm

Submitted by Simon Black via Sovereign Man blog , In remarks given late last week to the curiously named United States Ins...