Government regulations will actually help bitcoin, not hurt it, digital currency entrepreneur Cameron Winklevoss says. During a panel discussion at the NExT conference entrepreneurial event in New York, he said regulations will help give credibility to bitcoin, which has a reputation ...
While the decentralized nature of bitcoin means that it cannot be shut down by any government of financial institution, they can make it difficult for people to purchase the currency in the first place. That would effectively restrict access to the currency. It appears that is happeni...
The Bitcoin ATM is exactly what it sounds like. A user enters a dollar bill, scans a QR code, and receives Bitcoins in their online wallet. The obvious market for the device is any individual or business who deals in cash and would rather save it in Bitcoin than in a less anonymous ba...
The U.S. is applying money-laundering rules to "virtual currencies," amid growing concern that new forms of cash bought on the Internet are being used to fund illicit activities. he move means that firms that issue or exchange the increasingly popular online cash will now be regulated...
Money never hits US banks at all, allowing the sites to operate without fear of reprisal from the government. Even the payouts are quicker — what normally takes up to 12 weeks with a US bank transfer takes only a matter of hours with Bitcoin. The new use for the decentralized currency...
Money never hits US banks at all, allowing the sites to operate without fear of reprisal from the government. Even the payouts are quicker — what normally takes up to 12 weeks with a US bank transfer takes only a matter of hours with Bitcoin. The new use for the decentralized currency...
The question, "how do you access your funds when the government shuts down the net?" applies to ATM networks and traditional banking just as much as it does to Bitcoin. In fact, I just had a problem withdrawing funds from a Bank of America account not too long ago because their region...
Based on the survey requests it seems obvious that GoldMoney is completely missing the point of Bitcoin. Bitcoin is the first digital currency that is censorship-resistant. In other words, if for whatever reason, justified or unjustified, some petulant brat in a costume provides a she...
