bitcoin

Cyprus Bitcoin ATM Guy Responds - Business Insider

Posted April 2nd, 2013 by roryn3kids
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We tried for two days to get in touch with someone at The Dollar Vigilante, to no avail.
But Berwick has now responded via email to our contentions.
Here is his response in full, as he framed it, with his cuts from our original story in quotes:

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Mt. Gox to Sell Litecoin in Additions to Bitcoin | PRLog

Posted April 2nd, 2013 by roryn3kids
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Althought, Mt. Gox has not officially announced the move, their database seems to be setup for support of the fledgling currency litecoin, as can be seen at this data link: https://data.mtgox.com/api/2/LTCUSD/money/ticker

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'Challenging the dollar': Bitcoin total value tops $1 billion

Posted March 31st, 2013 by WaxCrax
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Already bigger than many sovereign currencies, Bitcoin has broken the $1 billion in value mark this week. In the wake of continuing economic crises and liquidity shortages, this new virtual currency is poised to challenge the euro and US dollar.
By not being tied to any particular financial institution and independent from world governments, Bitcoin will become a safe haven for anyone trying to save their money from the crippled international banking system, claimed Max Keiser, the host of RT's Keiser Report.

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Bitcoin Bonanza: Cyprus Crisis Boosts Digital Dollars

Posted March 28th, 2013 by Deslock Darkstar
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They won't make a sound no matter how many of them you try to toss in a bucket, and you can't pitch them in a fountain and wish for good luck. But make no mistake, bitcoins are getting big.

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Expensify Now Offers Support For Bitcoin, An Alternative To PayPal

Posted March 27th, 2013 by roryn3kids
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Expensify has announced it is now supporting Bitcoin to give international contractors an alternative to PayPal and the high fees associated with the service.

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Jeff Berwick Announces Opening Of First Bitcoin ATM in Cyprus

Posted March 25th, 2013 by roryn3kids
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Jeff Berwick, founder of StockHouse.com and CEO of TDV Media, announced Monday his plans to open the world’s first Bitcoin ATM in Cyprus, citing the ongoing bank bailout, bank closures and capital controls now being pushed in that country. According to Berwick, who sold Stockhouse last decade which at the peak of the tech bubble was worth $240 million, Bitcoin ATM has the world’s first software enabling a two-way, automated Bitcoin market.

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A libertarian nightmare: Bitcoin meets Big Government

Posted March 24th, 2013 by Cyphase
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Over the years, Bitcoin has experienced ups and downs; the currency has been targeted by hackers and thieves and botnets and been victim to more than one embarrassing software glitch. But it has persevered, and this week, one can fairly say that Bitcoin came of age. On Monday, the U.S. Treasury’s Financial Crimes Enforcement Network released its first “guidance” as to how “de-centralized virtual currencies” should fit into the larger regulatory regime under which currencies of all kinds are required to operate.

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Why bitcoins are just like gold

Posted March 23rd, 2013 by TylerAE
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Vice article comparing gold and bitcoin as viable currency alternatives to the USD.

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US regulator: Bitcoin exchanges must comply with money-laundering laws

Posted March 19th, 2013 by Cyphase
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The federal agency charged with enforcing the nation's laws against money laundering has issued new guidelines suggesting that several parties in the Bitcoin economy qualify as Money Services Businesses under US law. MSBs must register with the federal government, collect information about their customers, and take steps to combat money laundering by their customers. The new guidelines do not mention Bitcoin by name, but there's little doubt which "de-centralized virtual currency" the Financial Crimes Enforcement Network (FinCEN) had in mind when it drafted the new guidelines.

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