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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 ...

  • 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...

  • 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...

  • 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...

  • 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...

  • Canada tightens restrictions on Bitcoin trading - Salon.com

    salon.com 26 Apr '13, 10pm

    This article originally appeared on The Daily Dot . In the United States, the difficult-to-trace digital currency Bitcoin is largely unregulated. Recently, the Treasury Department has issued some guidelines , though they remain rather broad. The regulatory environment in Canada, howev...

  • What comes after Bitcoin?

    salon.com 04 Jul '13, 2pm

    OpenCoin is Larsen’s third technology start-up, but each business has changed how we think of money and what can be done with it. E-Loan made credit scores free and available to customers while Prosper created an online infrastructure for making personal loans outside of the banking s...

  • 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...

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