30 Nov '12, 2am

Betrayed by stewards o/t rial & pretty much "dollar-less," Iranians like #bitcoin. ( @bw)

Dollar-Less Iranians Discover Virtual Currency By Max Raskin November 29, 2012 7:42 PM EST Under sanctions imposed by the U.S. and its allies, dollars are hard to come by in Iran. The rial fell from 20,160 against the greenback on the street market in August to 36,500 rials to the dollar in October. It’s settled, for now, around 27,000. The central bank’s fixed official rate is 12,260. Yet there’s one currency in Iran that has kept its value and can be used to purchase goods from abroad: bitcoins, the online-only currency. Created in 2009 by a mysterious programmer named Satoshi Nakamoto, bitcoins behave a lot like any currency. Their value is determined by demand, and they can be used to buy stuff. Bitcoin transactions are encrypted and handled by a decentralized global network of tens of thousands of personal computers. Merchants around the world accept the currency, fro...

Full article: http://mobile.businessweek.com/articles/2012-11-29/dollar...

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businessweek.com 30 Nov '12, 1am

Under sanctions imposed by the U.S. and its allies, dollars are hard to come by in Iran. The rial fell from 20,160 against...

Businessweek - Dollar-Less Iranians Discover Vi...

bitcoinnews.com 30 Nov '12, 8am

Businessweek - Dollar-Less Iranians Discover Virtual Currency Businessweek writer Max Raskin shares how there are a number...

Hopeful future for stateless currency: Dollar-L...

businessweek.com 30 Nov '12, 1pm

(Corrects the spelling of Farzad Hashemi's name) Under sanctions imposed by the U.S. and its allies, dollars are hard to c...

This post abt #bitcoin+#iran reminds me of: "Th...

businessweek.com 30 Nov '12, 5pm

Under sanctions imposed by the U.S. and its allies, dollars are hard to come by in Iran. The rial fell from 20,160 against...

Dollar-Less Iranians Discover Bitcoin Virtual C...

investmentwatchblog.com 03 Dec '12, 8pm

Created in 2009 by a mysterious programmer named Satoshi Nakamoto, bitcoins behave a lot like any currency. Their value is...

Dollar-Less Iranians Discover Bitcoin: submitte...

reddit.com 02 Dec '12, 8pm

Posts should be on technology (news, updates, political policy, etc). Image submissions are not allowed No personal inform...

Dollar-Less Iranians Discover Bitcoin Virtual Currency

Dollar-Less Iranians Discover Bitcoin Virtual C...

infowars.com 03 Dec '12, 5pm

Created in 2009 by a mysterious programmer named Satoshi Nakamoto, bitcoins behave a lot like any currency. Their value is...

Sorry, techno-utopians. "Why virtual currency Bitcoin can’t save the Iranian economy"

Sorry, techno-utopians. "Why virtual currency B...

QZ.com 30 Nov '12, 10pm

Got Bitcoin? Probably not. AP Photo / Vahid Salemi After decades of sanctions on Iranian trade , sanctions restricting the...

Its less than a week to ZoukOut 2012. Have you got your party kits yet?...

Its less than a week to ZoukOut 2012. Have you ...

plussixfive.com 01 Dec '12, 8am

The essentials for a rave… in a box Paul Christopher / December 1 2012 Entertainment Life People party hard in Singapore. ...

Iranians (and Americans) Use Bitcoin to Fight G...

libertariosusa.org 30 Nov '12, 10pm

At online store coinDL.com, shoppers can use bitcoins to buy Beyond Matter, the latest album from Iranian artist Mohammad ...

Iranians (and Americans) Use Bitcoin to Fight G...

reason.com 30 Nov '12, 9pm

At online store coinDL.com, shoppers can use bitcoins to buy Beyond Matter, the latest album from Iranian artist Mohammad ...

Bitcoins join global bank network: A currency exchange that specialises in the virtual currency known as bitcoin...

Bitcoins join global bank network: A currency e...

bbc.co.uk 07 Dec '12, 5pm

7 December 2012 Last updated at 17:07 GMT Share this page Delicious Digg Facebook reddit StumbleUpon Twitter Email Print V...

3 Days of Less Processed Food Journals

3 Days of Less Processed Food Journals

ronisweigh.com 30 Nov '12, 4am

2 days ago I gave myself a good talking to . It was time to break the cycle. For me that means getting creative in the kit...

Bitcoin Going The Way Of The Dollar? #infowars

Bitcoin Going The Way Of The Dollar? #infowars

planet.infowars.com 02 Dec '12, 6pm

Re-wire NASA to become a mining machine; this can also be applied to any other government agency with lots of dormant hard...

China’s Currency Strengthens Against US Dollar:...

ebnonline.com 03 Dec '12, 3pm

The US Department of the Treasury has once again declined to label China a currency manipulator, and, in its latest report...