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Salon.com

Salon, the award-winning online news and entertainment Web site, combines original investigative stories, breaking news, provocative personal essays and highly ...

  • The truth about Bitcoin addiction

    salon.com 10 Aug '14, 6pm

    The other complicating factor is nailing down what about Bitcoin might cause addictive behavior. Bitcoin is like money in that one can spend it to buy things that bring them happiness. It’s also like a stock in that the value fluctuates constantly, causing investors to make or lose mo...

  • New York unveils first-ever regulations on Bitcoin

    salon.com 19 Jul '14, 5pm

    Interesting, the rules appear to technically prohibit virtual currency firms from taking the revenue they earn from virtual currencies and then investing that money back into virtual currencies. Earnings can only be sunk into “high-quality, investment-grade permissible investments … d...

  • Singapore blogger loses everything for criticizing prime minister

    salon.com 28 Jun '14, 3pm

    Ngerng is the first online critic to actually be sued for defamation by a Singaporean leader. According to Agence France-Presse, the typical minimum value of damage claims in Singapore High Court is about $200,000. Singapore’s prime minister is believed to be the world’s best paid lea...

  • Bitcoin value goes up, now accepted in China

    salon.com 07 Nov '13, 1pm

    Bitcoin’s price hit a record at $261 on the Bitstamp online exchange, driven by wider acceptance of the virtual currency. The digital money, which can be used to pay for goods and services on the Internet, has risen 20-fold so far this year, as trading activity has increased. Bitcoins...

  • A libertarian nightmare: Bitcoin meets Big Government - Salon.com

    salon.com 22 Mar '13, 11am

    But while some observers have applauded FinCEN’s guidance as acknowledgment that Bitcoin isn’t illegal or considered a “threat” by the government, not everyone is cheering the news. Because there’s a problem here. Bitcoin isn’t just an elegant way to create money using peer-to-peer ne...

  • Rush Limbaugh: Maybe Oprah was denied handbag because she’s “fat” - Salon.com

    salon.com 09 Aug '13, 9pm

    At long last, anthropomorphized blowfish Rush Limbaugh has offered his unsolicited opinion on Oprah Winfrey’s unpleasant encounter with racism . On his radio program today, Limbaugh posited that perhaps a store assistant in Switzerland refused to show the celebrity a handbag “because ...

  • Could Bitcoin become the official currency of Kenya?

    salon.com 16 Jun '13, 7pm

    This article originally appeared on The Daily Dot . In Africa, the market for cellphones is growing about 20 percent per year. Nowhere is this clearer than in Kenya, where 93 percent of households now own mobile devices. According to an article by Noel Jones in Genesis Block , this ma...

  • Judge rules: Bitcoin is real currency

    salon.com 16 Aug '13, 5pm

    Bitcoin — the volatile online currency — has been ruled “real” by a federal judge, as a part of a case against an online fraudster involving Bitcoin. The ruling puts Bitcoin in the category of commodity money, like, say, gold and silver functions (they need no national function or thi...

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