30 Aug '13, 5pm

#bitcoin

Let’s begin with a short thought experiment. Put yourself into a world in which banks charge $20 to $50 to manage an international wire transfer, but hardly make a profit on it. Conceptualize a world in which banks delay domestic ACH transfers up to three days, in a large part to reduce fraud risk. Imagine a world in which taking on just one new customer necessitates the hiring of another employee. If you’re a commercial bank, these problems are likely all too real and familiar to you. Your costs are continuously rising, but your clearing and compliance infrastructure hasn’t changed. Well I have some good news for you: Bitcoin is going to lower your network and compliance costs by 90%, and I guarantee you will be using it within ten years or less. You’re probably wondering how this could be possible when Bitcoin is a non-dollar currency with a payment flow that you can’t t...

Full article: http://bitcoinmagazine.com/6693/coinsetter-ceos-message-t...

Tweets

You're in good company, Bitcoin

twitter.com 29 Aug '13, 4pm

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

The Bitcoin of governance could be coming soon

The Bitcoin of governance could be coming soon

QZ.com 30 Aug '13, 11am

I left Istanbul in mid-June to join a 10-week program in Silicon Valley to solve global grand challenges through technolog...

Reading - Banks put a price on Earth’s life support (@ecobusinesscom)

Reading - Banks put a price on Earth’s life sup...

eco-business.com 30 Aug '13, 12pm

It is not easy to put a value on a forest, a clean river, or unpolluted air, but that is what a group of the world’s bigge...

Coming soon: Pay your rent in Bitcoin

inman.com 30 Aug '13, 4pm

Bitcoin image via Shutterstock. “If it can get you dates, it should pay your rent.” That was the thinking behind software ...

New theoretical attack on Bitcoin. #bitcoin

reddit.com 31 Aug '13, 2pm

This hypothetical scenario is inspired by http://www.reddit.com/r/Bitcoin/comments/1lfobc/i_am_a_timetraveler_from_the_fut...

Bitcoin Has Been On A Huge Tear Lately

Bitcoin Has Been On A Huge Tear Lately

businessinsider.com 02 Sep '13, 10am

It hasn't gotten that much attention, as the world's Bitcoin fascination has faded since this spring. BUT: Worth pointing ...

Bitcoin exchange Tradehill suspends trading due...

thenextweb.com 30 Aug '13, 12pm

“Many of you have come to know Tradehill as the digital currency exchange of choice over the last six months. We have appr...

I wrote a response to Steve Faktor's #bitcoin article, see it here:

I wrote a response to Steve Faktor's #bitcoin a...

peaceandmarkets.com 01 Sep '13, 10am

Bitcoin scarcity is a feature, not a bug. As for why you would sell an asset guaranteed to go up in value? The simple answ...

Try Bitcoin

trybtc.com 02 Sep '13, 11am

Let's get started using Bitcoin . Meet Babou, the ocelot. Start!it only takes a few minutes By the way, meet Babou. The oc...

“The real revolution of Bitcoin is an internet ...

euromoney.com 31 Aug '13, 12pm

Home | Contact Us | Subscribe | Banking | Capital markets | Forex | Investment | Regions & Emerging markets | Surveys and ...

Will heavy use of #bitcoin by #onlinegaming create unmanageable strains on the #blockchain?

Will heavy use of #bitcoin by #onlinegaming cre...

coindesk.com 29 Aug '13, 9am

What are gambling transactions doing to the block chain? According to Jeremy Liew , a partner at Lightspeed Venture Partne...

Ex-Googler Gives the World a Better Bitcoin | W...

wired.com 30 Aug '13, 10am

Litecoin creator Charles Lee. Photo: Alex Washburn/Wired Charles Lee was a software engineer at Google, spending his days ...

Regulators Taking a Hiatus to Learn a Bit More About Bitcoin

Regulators Taking a Hiatus to Learn a Bit More ...

bitcoinmagazine.com 29 Aug '13, 11pm

On Monday and Tuesday of this week, representatives from the Bitcoin Foundation met successfully met with regulators and C...

Deflation Will Not Cause Problems For Bitcoin #...

newfination.com 01 Sep '13, 5am

@Donald.McIntyre @g1i1ch @savagelight I have to go to work so I wish I could describe this concept better, but I'll try. Y...