24 Aug '13, 5pm

The German Central Bank is recognising the Bitcoin as a so-called unit of account - we discuss on #CountingTheCost

The German Central Bank is recognising the Bitcoin as a so-called unit of account - we discuss on #CountingTheCost

Emerging markets are having a tough time the world over - with falling currencies, falling markets and falling confidence - and a lot of the blame is being placed at the steps of the US Federal Reserve. This week on Counting the Cost , we look at the fiscal chain of command that is rattling economies across the globe, and its effects. The Federal Reserve has been trying to stimulate the US economy. Every month, it spends around $85bn buying bonds, that has the effect of keeping interest rates lower, and thus hopefully stimulating business. But the side effect is that returns on investments are not good so investors rush into so-called emerging markets such as India and Brazil, because they can simply make more money in these riskier markets. However, the US Federal Reserve has warned that it is about to turn that money tap off, which would mean a reverse of the status quo,...

Full article: http://www.aljazeera.com/programmes/countingthecost/2013/...

Tweets

Bitcoin now 'unit of account' in Germany

theguardian.com 19 Aug '13, 10pm

Germany 's ministry of finance has formally recognised the digital currency Bitcoin as a "unit of account" which can be us...

Bitcoin now 'unit of account' in Germany via @g...

theguardian.com 19 Aug '13, 10pm

Germany 's ministry of finance has formally recognised the digital currency Bitcoin as a "unit of account" which can be us...

Bitcoin can be used for private transactions, G...

pcworld.com 19 Aug '13, 1pm

The German Federal Ministry of Finance said on Monday that Bitcoin is not a full-fledged currency but that it is permissib...

Federal agency representatives meeting to discuss bitcoin

Federal agency representatives meeting to discu...

coindesk.com 25 Aug '13, 9pm

Representatives from a number of US federal agencies are attending a conference on Monday (26th August) to discuss bitcoin...

Join the discussion about ultras, growth, and r...

irunfar.com 30 Aug '13, 10am

However, these benefits have come at a cost. Pressure on the environment has caused many to reconsider the impact of large...

YC-Backed Buttercoin Uses Bitcoin To Attack The...

techcrunch.com 20 Aug '13, 11pm

With Bitcoin’s promise of frictionless transactions, particularly across international borders, it’s inevitable that a tea...