The report makes it clear that the Justice Department has made it very clear that one cannot simply open up an offshore casino online and begin taking bets using actual US currency. Last year, a couple of entrepreneurs, the report says, wondered about betting in strictly BTC.The repor...
If you have ever visited punk rock bands Anti-Flags’ website, you might have noticed your CPU fan begin to run a bit louder – no, its nothing wrong with your computer, so to speak. Rather, the punk band Anti-Flag (either knowingly or unknowingly as some believe the webmaster did it wi...
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To us, the ECB’s superficial, amusing take on BitCoin was merely a source of (Friday) humor . To others, such as Tuur Demeester, the ECB’s report on “Virtual Currency Schemes” which was merely a confused attempt to validate the Euro by bashing a prototype electronic currency that othe...
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And why wouldn’t Bitcoin be on the radar of big criminals like transnational corporations and national governments? Digital currencies like Bitcoin, after all, do offer an arena in which individuals and organizations can conduct transactions outside the realm of the dominant financial...
Norway’s financial supervisory authority released a Risk and Vulnerability analysis in March of this year. The report analyzed information and communication technology in financial institutions. The report compares bitcoin to monopoly money, while at the same time noting that U.S. aut...
Today, albeit that the US Dollar is up in terms of most major currencies, bitcoin and silver have traded right alongside the world reserve currency, breaking trend with their historical antithetic to the dollar. Bitcoin, to be sure, has demonstrated enormous volatility today, with swi...
Since those days, the atavisms of extreme state brutality have given way in Brazil and many other countries to the tightknit democracy of today, with its nudging emphasis on conformity and discipline. This new system in Brazil allowed there to be elected a President earlier this centu...
The big story in real money today is a dip on bitcoin’s Mt. Gox. Having reached as low as ?7.76 per 1$ from its recent high of ?9 per 1$ reached over just the last two days. This has been correlated by a marginally positive day for gold and silver, each having moved up. Their gains, t...
