26 Sep '13, 6pm

Why You Should Care About Bitcoin

Why You Should Care About Bitcoin

Like oil, Bitcoin can be refined and put to use in novel and yet-to-be imagined ways. Bitcoin’s scripting language can be used to create transactions with multiple components (a standard bitcoin transfer needs just two things: (1) proof of bitcoin ownership by the sender and (2) the address of the recipient). Contracts can be designed and enforced that can require additional approvals, reference external facts, or even be timed to complete in the future. Because these conditions can be built directly into the Bitcoin protocol, this provides an interesting alternative to relying on (and paying!) banks, lawyers or other institutions regularly entrusted to help craft, facilitate and enforce transactions between private parties. Bitcoin can be used in marketplaces where others can’t or won’t usually go (especially for less than their market rate). Similarly, marketplaces with ...

Full article: https://medium.com/what-i-learned-today/1a812f8fa7cd

Tweets

Why You Should Care About #Bitcoin

Why You Should Care About #Bitcoin

mrpink.x10.bz 27 Sep '13, 10am

Like oil, Bitcoin can be refined and put to use in novel and yet-to-be imagined ways. Bitcoin’s scripting language can be ...

#bitcoin

i.imgur.com 05 Oct '13, 5am

Ripple Is Officially Open Source #bitcoin

Ripple Is Officially Open Source #bitcoin

bitcoinmagazine.com 26 Sep '13, 8pm

Ripple Labs (formerly OpenCoin) CTO Stefan Thomas has announced that, as of today, the source code for the peer-to-peer no...

The bitcoin bug bites SecondMarket:

blogs.reuters.com 26 Sep '13, 6am

I have to admit I’m disappointed in this one. It’s no secret that I’m very skeptical about what’s likely to happen when sm...

Who is right? Winklevosses for, Peter Thiel against bitcoin

Who is right? Winklevosses for, Peter Thiel aga...

coindesk.com 26 Sep '13, 3pm

It is quite evident that when influential people talk about bitcoin , the masses listen. Strike up a conversation about vi...

The Truth About Bitcoin

youtube.com 27 Sep '13, 3pm

Stefan Molyneux looks at the rise of Bitcoin and discusses it's history, mining, fees, altcoins, regulatory hypocrisy, wor...

The Truth About Bitcoin

youtube.com 27 Sep '13, 4pm

Stefan Molyneux looks at the rise of Bitcoin and discusses it's history, mining, fees, altcoins, regulatory hypocrisy, wor...

Why bitcoin is as anonymous as you want it to be

Why bitcoin is as anonymous as you want it to be

coindesk.com 24 Sep '13, 6pm

Anonymity and the internet has had a long intertwined history. It used to be that being able to operate without anyone kno...

Guest Post: Bitcoin: As Good As Gold?

zerohedge.com 24 Sep '13, 1am

Any government can produce enough servers to gain the majority of the mining capacity in bitcoin. It doesn't take that muc...

How to buy bitcoins in the UK - CoinDesk #bitcoin

How to buy bitcoins in the UK - CoinDesk #bitcoin

coindesk.com 22 Sep '13, 11am

One of the problems with bitcoin is actually getting hold of the stuff. Most of us are not bitcoin miners which leaves us ...

My Company Just Died; Now What? Here's How to Take Care of Business

My Company Just Died; Now What? Here's How to T...

searchenginewatch.com 16 Sep '13, 12pm

A few weeks ago, my company suddenly died . The autopsy results are still pending and people will analyze, hypothesize, gu...

Homeless, Unemployed, and Surviving on Bitcoins

wired.com 20 Sep '13, 1pm

Paul Harrison, Chris Kantola, and Jesse Angle, scrounging for bitcoins outside a public library in Pensacola, Florida. Pho...

#bitcoin #btc

faucet.bitcoin.st 22 Sep '13, 8am

In order to receive 0.0015 Free Bitcoins, you must verify your identity by having a mobile phone that is capable of receiv...

Germany Legalizes Bitcoin via Reddit

reddit.com 21 Sep '13, 1am

Do not use URL shortening services: always submit the real link. Begging/asking for bitcoins is absolutely not allowed, no...