02 Apr '15, 1pm

Tired of bitcoin? Try marijuana, mulch-backed coin

Tired of bitcoin? Try marijuana, mulch-backed coin

For now, though, more stable cryptocurrencies, like gold-backed versions, are receiving the most attention. "Bitcoin is too volatile," said Campbell Harvey, a professor of finance at Duke University. "This is why alternatives are springing up." Redeemable gold-backed cryptocurrencies may help solve that problem by being pegged to volatility of the bullion, which has been used for centuries to back currencies. "That's an advantage," Harvey said. Meanwhile, cryptocurrencies backed by commodities such as fertilizer or rice can be driven by less-predictable events, like blight or famine, and wild swings in commodities, Harvey said. In theory, anyone can create a cryptocurrency, because it's based on an open-source code that anyone can copy. "It only costs $40," said Carl Mullan, author of "The Digital Currency Challenge." But he added, "People may not even buy them. They're li...

Full article: http://www.cnbc.com/id/102553811

Tweets

Earn Bitcoin by selling tweets join me now

shout4coin.com 04 Apr '15, 4pm

Buy tweets and retweets with bitcoins Direct tweets/retweets from any account you choose (price set by account owner) Your...

#Bitcoin #Tech BitLicense Comment Period Closes...

bitcoinmagazine.com 27 Mar '15, 9pm

The 30-day period for public comments on the latest draft of New York’s BitLicense proposal comes to a close today, March ...

Security Bounty Attempts Spike For PS Coin #bitcoin

Security Bounty Attempts Spike For PS Coin #bit...

cryptocoinsnews.com 29 Mar '15, 10am

PS Coin, a bitcoin exchange that rewards users with royalties for executing orders, believes it has made its mark in chall...

The Rise of Bitcoin in Argentina

The Rise of Bitcoin in Argentina

panampost.com 02 Apr '15, 7pm

Argentineans have welcomed bitcoin with open arms to escape from inflationary crisis and state currency controls. (Espacio...

Bitcoin Shop Acquires Additional Equity in Coin Outlet; Interview with CEO, Charles Allen

Bitcoin Shop Acquires Additional Equity in Coin...

cointelegraph.com 27 Mar '15, 10am

On Thursday, March 26, 2015 Bitcoin Shop, Inc. announced that it has acquired an additional 2% equity ownership in Coin Ou...

Silk Road corruption case shows how law enforcement uses #Bitcoin by @jerrybrito

Silk Road corruption case shows how law enforce...

coincenter.org 01 Apr '15, 9pm

Silk Road corruption case shows how law enforcement uses Bitcoin Jerry Brito April 1, 2015 This week it was revealed that ...

Pantera Capital Sees Parallels In Bitcoin And N...

Bravenewcoin.com 01 Apr '15, 5am

The NASDAQ composite tracks the price of technology stocks traded on the NASDAQ exchange, and experienced a huge bubble an...

Bitcoin Job Fair Goes to Sunnyvale - Brave New ...

Bravenewcoin.com 28 Mar '15, 6am

Sunnyvale, one of the major cities of Silicon Valley in Santa Clara County in California, is hosting the next Bitcoin Job ...

Marijuana Legalization Has Meant the Growth of a Massively Inefficient Industry

Marijuana Legalization Has Meant the Growth of ...

ecosalon.com 30 Mar '15, 9am

is the intensive lighting required to grow marijuana, followed by dehumidification, which keeps the pot from getting moldy...