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09 Oct '12, 7am

Scientific American - Bitcoin Gains Momentum #bitcoin

Scientific American - Bitcoin Gains Momentum Morgen Peck (@morgenpeck ) writes again on Bitcoin, this time in an article on Scientific American which brings that readership up to speed. Excerpts: “Ever so slowly, merchants seem to be warming up to Bitcoin, according to Tony Gallippi, whose company, Bitpay, provides mobile checkout services to companies that want to accept Bitcoins. ‘I went to the Prague conference in November 2011 and we had about 100 merchants,’ he says. ‘We have about 1,100 now.’ - “‘Using Bitcoin, a business can receive a payment from any country on the planet, instantly, with no risk of fraud [says Gallippi].” - “Frank Braun, an IT security consultant and self-described privacy extremist, confronted the problem [of exchanges requiring verified identity] by urging people at the conference to open new over-the-counter exchanges.” - “The few lawyers who h...

Full article: http://www.bitcoinnews.com/post/33220496785/scientific-am...

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