29 Nov '14, 7pm

Bitcoin: New Plumbing for Financial Services

Bitcoin: New Plumbing for Financial Services

Jonathan Levin is a digital currency consultant and entrepreneur. He previously co-founded and served as CEO of Coinometrics. Payment systems are systems of pipes and valves that allow monetary transfers between people all over the world. To most, they sit insulated from view. Even when in plain sight they evade comprehension. With large responsibility for errors and lack of acknowledgement for progress, there has been little innovation and construction of new pipes. Bitcoin represents a new way to re-plumb the financial system on a decentralised architecture. However, much like the existing financial system, few people understand the consequences of the layout and design of its pipes. The plumbing analogy fits far closer to bitcoin than normal financial markets. Bitcoins are not coins, indeed there is no concept of identifiable currency units. Bitcoin should be considered...

Full article: http://www.coindesk.com/bitcoin-new-plumbing-financial-se...

Tweets

Bitcoin set to take over the financial world: Book

Bitcoin set to take over the financial world: Book

cnbc.com 01 Dec '14, 4pm

Bitcoin, the digital currency which remains a mystery to many, will some day replace the whole global financial system, do...

What the Financial Elite Say about #Bitcoin

cointelegraph.com 09 Dec '14, 10pm

[Peter Rose]: Obviously the frictionless is the value that Bitcoin brings, and obviously there’s supposed to be a low cost...

#bitcoin

#bitcoin

wallstreetdaily.com 28 Nov '14, 9am

We are a country that embraces technology. And a currency that is easy to trade and can be transacted 24/7 in any location...

Bitcoin is the True Paypal

Bitcoin is the True Paypal

cryptocoinsnews.com 29 Nov '14, 4pm

Updated: November 29, 2014 at 6:33 pm CET. Ken Miller is the COO of Gem, a simple and secure Bitcoin platform for develope...

Finland Classifies Bitcoin as VAT-Exempt Financial Service

Finland Classifies Bitcoin as VAT-Exempt Financ...

coindesk.com 19 Nov '14, 6pm

Finnish regulators have classified bitcoin as a financial service, thus granting it VAT-exempt status. The Finnish Central...

Bitcoin as Investment: Historical Returns 2011-...

twitter.com 29 Nov '14, 8pm

To bring you Twitter, we and our partners use cookies on our and other websites. Cookies help personalize Twitter content,...

#bitcoin

#bitcoin

fortune.com 28 Nov '14, 12pm

Since it’s inception five years ago, bitcoin hype has spread across the globe. “Bitcoin accepted here” stickers have poppe...

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valuewalk.com 01 Dec '14, 3am

Bitcoin is a topic of discussion almost everywhere I go. My introduction to Bitcoin came when I was speaking at a gold con...

Bitcoiners:

Bitcoiners:

coindesk.com 28 Nov '14, 2pm

For those still mourning the demise of early bitcoin auction sites like Bitmit, there is a new place to bid for a special ...

#megabus.com expands growing European network w...

stagecoach.com 02 Dec '14, 12pm

megabus.com expands growing European network with new services in Germany 02 Dec 2014 • New route linking Brussels with Co...

Horie sees bitcoin as route to more security, less government: The failure earlier this year of Tokyo-based bi...

Horie sees bitcoin as route to more security, l...

japantimes.co.jp 28 Nov '14, 10am

The failure earlier this year of Tokyo-based bitcoin exchange Mt. Gox may have stirred Japanese doubts about the credibili...

Australian GST Bitcoin Tax Angers Andreas Antonopoulos

Australian GST Bitcoin Tax Angers Andreas Anton...

cryptocoinsnews.com 25 Nov '14, 11am

Updated: November 25, 2014 at 1:56 pm CET. No one currently knows more abut how Bitcoin works than Andreas Antonopoulos. H...

Pure Gold: Citibank Report says Bitcoin is Fiat Currency #Citibank #Bitcoin

Pure Gold: Citibank Report says Bitcoin is Fiat...

cointelegraph.com 28 Nov '14, 10am

Ahead of Switzerland’s gold referendum this weekend, Citibank has a released a report publicly criticizing both the metal ...