Here is a great way to promote Bitcoin. We have to let vendors know that at this part of the game, accepting Bitcoin is as good as free advertising. It is also relatively easy.Read more »
Here's an idea, bitcoins and unusual hats are changing currency.Read more »
An increase in the value of bitcoin, the world’s largest online currency, may fuel concerns that virtual money could undermine the role of central banks.Read more »
I maintain that a government ban on bitcoin would be about as effective as alcohol prohibition was in the 1920s. Government prohibition doesn’t even do a good job of keeping drugs out of prisons. The demand for an item, in this case digital cash with user-defined levels of privacy, does not simply evaporate in the face of a jurisdictional ban. One could even make the case that it becomes stronger because an official recognition that Bitcoin is not only a “renegade” currency but a “so-effective-it-had-to-be-banned” currency would imbue the cryptographic money with larger than life qualities.Read more »
SatochiDice posted a profit of 33,310 bitcoins between May 1, 2012 and December 31, 2012. At the current value of $18.20 per bitcoin, that’s a total profit of approximately $600,000. Over the next twelve months, the SatochiDice analysis estimates that the total profit over the next twelve months will total 50,596 bitcoins.Read more »
Dwolla Begins PayPal-Style Account Suspensions - "Dwolla has moved beyond closing the accounts of those it can prove are operating unlicensed [Bitcoin] exchanges and has begun closing the accounts of private individuals based on a mere affiliation."Read more »
I've been a long time listener of FTL as well as a AMP member and an on-the-air sponsor. I just want all of you listeners to know that you can teach English online with no experience. Many students just want someone to speak English to...and if English is your natural language, why not make some money from it?Read more »
Is ripple a potential new way to get bitcoins? maybe it is that and more (or less) ...Read more »
One of my friends recently got into a debate over monetary issues. It seems there’s a rather large number of US residents that are unaware of what makes money good or bad. To alleviate this, I’m going to list the properties any good currency should have. I’ll also compare 3 currencies to see how they measure up: the US Dollar (aka Federal Reserve Notes), precious metals (gold and silver), bitcoin.Read more »
In Dec 2012 a European bitcoin exchange said it had been granted "payments service provider status" by French government officials. (Meaning French government considered the exchange to be like Paypal.) If other companies that trade in BTC seek to be legitimized by governments, it could undermine one of the basic things that defines BTC -- that it works best outside the "white market" sector.Read more »
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