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 »
Is ripple a potential new way to get bitcoins? maybe it is that and more (or less) ...Read more »
That’s right… Big Brother is in our graphics editing software. Even a screen capture triggered the alert, so this wasn’t some kind of copyright protection embedded in the file. Adobe Photoshop now has some kind of image recognition that prevents you from importing banknotes.Read more »
The finance ministry for the European Union has announced that cash transactions over 500 euros would soon be banned. Large transactions will only be allowed via credit card, or by check, which essentially amounts to mandating that people have bank accounts. Believe it or not a lot of people don’t have, and don’t want bank accounts. The finance ministry hopes this will help combat tax evasion.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 »
European Union to criminalize cash transactions over 500 EUROs. Banking is the primary tool they use to control us. Free people transacting outside of their control is their biggest fear. As the original Rothschild said in 1838: "Let me issue and control a Nation's money and I care not who makes its laws".Read more »
Slavery still exists, unseen, in modern day America. Thanks to student loans and mortgages, many people are hounded by creditors, losing their livelihood and finding it impossible to save for the future. Forced to work within the system, trading labor for bank notes, sending those bank notes back into the pockets of our lifelong lenders, Americans are slaves to their debt.Read more »
Virtual cash exchange a currency exchange that specialises in virtual cash has won the right to operate as a bank.Read more »
Under sanctions imposed by the U.S. and its allies, dollars are hard to come by in Iran. The rial fell from 20,160 against the greenback on the street market in August to 36,500 rials to the dollar in October. It’s settled, for now, around 27,000. The central bank’s fixed official rate is 12,260. Yet there’s one currency in Iran that has kept its value and can be used to purchase goods from abroad: bitcoins, the online-only currency.Read more »
WordPress said Thursday it will accept bitcoins, opening up the blogging platform to payments from users in countries not supported by PayPal or credit card companies.Read more »
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