Sometimes the future can sneak up on you. Like when you find out that a startup incorporated in the British Virgin Islands, whose employees live in New Hampshire and whose products are made in Portugal, is selling digital-currency ATMs to Saudi Arabia and Singapore. These are only two...
Akhir tahun 2013 sudah di penghujung mata. Di dunia teknologi, cukup banyak berita heboh yang bermunculan dan menyita perhatian publik. Misalnya saja aksi akuisisi yang terjadi antar perusahaan teknologi besar. Ataupun terbongkarnya rahasia intelijen Amerika Serikat oleh Edward Snowde...
My post from yesterday was perhaps not specific enough, so let me outline one possible scenario in which the value of BitCoin (and other cryptocurrencies) would fall apart. For purposes of argument, let’s say that a year from now BitCoin is priced at $500. Then you want some BitCoin, ...
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Paul Krugman set off a new firestorm this weekend with a post about Bitcoin that asked a fairly simple question: What gives a bitcoin its worth ? The post drew a ton of angry reaction from the Internet community and tech people for a couple of reasons. One is that this question — why ...
Coinbase, the Bitcoin digital wallet service that recently raised a hefty $25 million , is upping its focus on merchants after it released its first standalone point-of-sale app to allow retailers to accept payment via Bitcoin on a mobile device (assuming recent price drops haven’t di...
Photographer: Simon Dawson/Bloomberg An Apple Inc. iPhone5 displays the Bitcoin Wallet smartphone app as a bar worker pours... Read More An Apple Inc. iPhone5 displays the Bitcoin Wallet smartphone app as a bar worker pours a pint of beer in a pub in London. Close Close Open Photograp...
My wife and I are planning a trip to Asia in January, and so I've been making hotel and airplane reservations. In the process, I've had first-hand experience with the dysfunctional state of international credit card payments. I've had three transactions declined on spurious security c...
It occurs to me that part of the disconnect is that Bitcoin solved a major technical problem, one that people had been thinking about for about 20 years, and we nerds just can’t believe that it doesn’t also solve an economic problem. The technical problem is double spending–if I have ...
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Business Insider’s Joe Wiesenthal today published an interesting piece on Bitcoin , partially responding to Paul Krugman’s somewhat inscrutable recent blog post that called the cryptocurrency “evil,” and partially answering the question of why Bitcoin has value. It’s been a topic we’v...
Currencies have three functions: store of value, medium of exchange and accounting unit. At the moment, Bitcoin is principally a store of value. I disagree with those who think that Bitcoin cannot be a store of value because it has nothing physical backing it. Anything that is intrins...
Welcome to our new Payments Insights newsletter, a morning email with the top news and analysis on the digital payments industry, produced by BI Intelligence . Sign up to receive it in your inbox every morning. Click here to sign up for Payment Insights today! A BIG RETAILER WARMS UP ...
El premio Nobel de Economía de 2008, Paul Krugman , declaró en una columna en el New York Times que la bitcoin "es malvada". El economista cuestiona la estabilidad del valor de la criptomoneda. "Para ser existoso, el dinero tiene que ser tanto un medio de intercambio y un almacenamien...
This chart describes the number of Github projects in existance (y axis) throughout the last couple of years (x-axis) that reference selected keywords. It gives us a pretty good idea of how big a hit bitcoin is with developers. But let’s back up a little bit. Bitcoin Pulse My friend T...
A nomadic man in Spain is living off bitcoin, an Android tablet and a solar charger. The man, who wanted to be known only by his first name, Justas, is documenting his eighth year of homelessness, which he stresses is a deliberate choice, on reddit , YouTube and at his website . When ...
When news surfaced two weeks ago of a fresh round of restrictions that China was placing on businesses transacting in the bitcoin ecosystem, the value of bitcoin plummeted. The CoinDesk Bitcoin Price Index, for example, showed that bitcoin traded as low as $422 around Dec. 18, when th...
Ya hemos hablado de algunos servicios de monedero virtual para Bitcoin disponibles, y ahora nos vamos centrar en Coinbase (coinbase.com ), el cual recientemente recibió una inversión de 25 millones de dólares, y estos días es también noticia debido a que en su aplicación móvil para la...
. Whether you follow that line of thinking or reflect on the last 363 days in a more optimistic light, it's clear the year wasn't all big breakthroughs and great triumphs. This was the year of government surveillance revelations, fallen giants and lackluster product releases. But it w...
. Whether you follow that line of thinking or reflect on the last 363 days in a more optimistic light, it's clear the year wasn't all big breakthroughs and great triumphs. This was the year of government surveillance revelations, fallen giants and lackluster product releases. But it w...
Manufacturer Lamassu is ending 2013 on a high. The company has just announced the sale of its 100th bitcoin ATM, and more than 120 orders. To mark the occasion, Lamassu has set up an online map of bitcoin ATM locations that will be updated as new units go live across the globe. More t...
El sistema de pago Bitcoin permite disponer de todo nuestro dinero de forma inmediata y segura desde nuestro smartphone, en cualquier parte del mundo y las 24 horas del día Hace bien poco la moneda electrónica descentralizada, conocida como Bitcoin , saltó a la palestra informativa a ...
The verdict is in, and you sir have lost on a summary judgment motion based on failure to provide evidence of any sort to support your spurious allegations. Your statement, “In one sense, there are no bad arguments against stimulus because it can’t work and it never has,” is rejected ...
ReadWriteReflect offers a look back at major technology trends, products and companies of the past year. In mid-December 2013, Bitcoin took one of its most dramatic nosedives yet. Following a crackdown on yuan-to-bitcoin deposits in China , the price of one bitcoin dropped below as $5...
By Michael Carney On December 30, 2013 The bitcoin ecosystem got a late Christmas present from the US Department of Treasury, Financial Crimes Enforcement Network (FinCEN) on Friday. As first reported by CoinText , FinCEN provided much-needed clarification on its previous guidance, ma...
The US Treasury Department's Financial Crimes Enforcement Network (FinCEN) issued guidance earlier this year outlining how virtual currencies like Bitcoin should be regulated. According to the guidelines as originally interpreted, both companies and individuals trading in the cryptocu...
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The raids conducted by the Enforcement Directorate in Ahmedabad on Bitcoin traders appear at first glance to be a blow to the Bitcoin community. Temporarily there will be fear and a suspicion that the Bitcoin bubble has been pricked. Holders of Bitcoin in India may feel that they have...
Japan, US, Australia, India and France are the top five countries affected by bitcoin-mining malware, according to a new study by security company Trend Micro . Trend Micro detected 3 malware called BKDR_BTMINE, TROJ_COINMINE and HKTL_BITCOINMINE through its Smart Protection Network, ...
