28 Aug '14, 2pm

The creators of a new Fed-proof Bitcoin marketplace swear it's not for drugs -- raw milk, anyone?

Adam Voorhes. Gail Anderson + Joe Newton When the recording industry smashed Napster with a $20 billion lawsuit more than a decade ago, filesharing morphed into Bittorrent, a fully peer-to-peer system with no central server for law enforcement to attack. Now the developers behind one software project are trying to pull off a similar trick with the anarchic model of bitcoin e-commerce pioneered by the billion-dollar Silk Road black market. And just as with Bittorrent, their new system may be so decentralized that not even its creators can control exactly how it will be used. This weekend, the developers behind OpenBazaar plan to release a beta version of the software designed to let anyone privately and directly buy and sell goods online with no intermediary. They describe it as “pseudonymous, uncensored trade.” Rather than hosting its commerce on any server, OpenBazaar ins...

Full article: http://www.wired.com/2014/08/openbazaar-not-for-drugs/?mb...

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Creators of New Fed-Proof Bitcoin Marketplace S...

wired.com 28 Aug '14, 10am

Adam Voorhes. Gail Anderson + Joe Newton When the recording industry smashed Napster with a $20 billion lawsuit more than ...

Bitcoin’s Earliest Adopter Is Cryonically Freezing His Body To See The Future

Bitcoin’s Earliest Adopter Is Cryonically Freez...

wired.com 29 Aug '14, 3am

Hal Finney and his wife, Fran, photographed in 2013. Max S. Gerber Some bitcoin enthusiasts have used their cryptocurrency...

What Makes Bitcoin Exchanges Tick?

What Makes Bitcoin Exchanges Tick?

coindesk.com 28 Aug '14, 6pm

Exchanges play a central role in the bitcoin ecosystem. In addition to facilitating trade, they set exchange rates between...

Rebutting the NY Post’s Lazy Criticisms of Bitcoin - #Bitcoin #NYpost

Rebutting the NY Post’s Lazy Criticisms of Bitc...

cointelegraph.com 28 Aug '14, 5pm

On Thursday, New York Post columnist John Crudele published a patronizing critique of the MIT Bitcoin project , an initiat...