Bitcoin is back. The digital currency—which, unlike the cash in your wallet, is not issued by a central bank—has surged this year on bitcoin exchanges, hitting a new high today above $31. Bitcoin hasn’t traded at this level since June 2011, which is an ominous observation since that p...
In the charming town of Great Barrington, among the hills of Berkshire County in western Massachusetts, you can buy antiques, organic produce, and gourmet pizza. If you want, you can pay for them with the most successful local currency in the United States, the "Berkshare." Denominate...
The federal government says online gambling is a no-no. In the last few years, the Justice Department has made it very clear: You can't just open up an offshore casino online and start taking bets using actual money from the United States. But last year, a couple of entrepreneurs aske...
Greater demand for virtual currencies could have a negative impact on the reputation of central banks, according to a report published by the European Central Bank in October last year. Since the report was released, bitcoin has risen more than 55 percent against the dollar and use of...
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: We invite comments and request that they be civil and on-topic. We do not moderate or assume any responsibility for comments, which are owned by the readers who post them. Comments do not represent the views of Reason.com or Reason Foundation. We reserve the right to delete any comm...
At online store coinDL.com, shoppers can use bitcoins to buy Beyond Matter, the latest album from Iranian artist Mohammad Rafigh. Anyone in the U.S. downloading songs, which fetch .039 bitcoins or 45¢ each, risks violating U.S. sanctions. That doesn’t bother Rafigh, who’s studying com...
Some people are more concerned with Norway being a socialist utopia built on a house of cards than they are about anything else. Because it is socialist, it must be bad. Don't get me wrong, the people of Norway are economically retarded, and their socialist utopia is fine and dandy no...
