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What is Bitcoin?

Bitcoin is a digital crypto-currency with no single point of failure due to its decentralized peer-to-peer architecture. The source code is publicly available and changes to the reference Bitcoin client are made via concensus within the community. Advantages of Bitcoin include irreversible transactions (i.e. no possibility of chargebacks as with credit cards), pseudo-anonymous, limited and fixed inflation, near instant transactions, multi-platform, no double-spend and little to no barriers to entry and more. It was created by an anonymous person known as Satoshi Nakamoto. Find out more at WeUseCoins.com.

Bitcoin Latest News

Bitcoin Up Washington Profile to Silicon Valley's Dismay - Bloomberg


Bitcoin Up Washington Profile to Silicon Valley's Dismay
Bloomberg
The Bitcoin Foundation's executive director, Jon Matonis, travels the world to promote the virtual currency as a replacement for traditional money. Some of his members want him to focus on a less lofty goal: helping them make lots of old-fashioned cash.
Bitcoin Foundation Unveils New User-Friendly WebsiteCoinDesk
Bitcoin Foundation Reveals New Branding, WebsitenewsBTC

all 3 news articles »

Posted on 30 July 2014 | 12:52 pm

Bitcoin Turns Digital Gold as Faith in Vietnam Dong Ebbs - Bloomberg


Bitcoin Turns Digital Gold as Faith in Vietnam Dong Ebbs
Bloomberg
Dwindling faith in the dong along with the growing popularity of smartphones and electronic commerce will help bitcoin gain acceptance in Vietnam, according to Kien, the founder of the parenting website. He has received one payment of 0.03 bitcoin so far.

and more »

Posted on 30 July 2014 | 11:19 am

Wikipedia Now Accepts Bitcoin Donations

Wikipedia's parent company, the Wikimedia Foundation, now accepts bitcoin donations thanks to a partnership with payment processor Coinbase.

Posted on 30 July 2014 | 11:19 am

Bitcoin Foundation Unveils New User-Friendly Website

The Bitcoin Foundation has launched a new-look website featuring various resources on bitcoin and the organization itself.

Posted on 30 July 2014 | 10:07 am

You Can Now Donate to Wikipedia in Bitcoin - TIME


TechCrunch

You Can Now Donate to Wikipedia in Bitcoin
TIME
The Wikimedia Foundation, the non-profit responsible for Wikipedia, said Wednesday that it will accept donations of the digital currency Bitcoin. “It has always been important to the Foundation to make sure donating is as simple and inclusive as ...
Wikipedia Now Accepts Bitcoin Donations With CoinbaseTechCrunch
Wikimedia Foundation now accepting Bitcoin donationsThe Next Web
Wikimedia Foundation Opens Up to Bitcoin DonationsnewsBTC
WebProNews
all 10 news articles »

Posted on 30 July 2014 | 10:07 am

BitPay Offers ‘Free and Unlimited’ Payment Processing for Merchants

BitPay has introduced a new price plan that is free and unlimited for its basic bitcoin payments processing service.

Posted on 30 July 2014 | 7:26 am

Blockchain is Back! Relaunches on Apple App Store, Completely Revamped Android Wallet App

Apple users and bitcoiners can now breathe a little easier. Six months after Apple removed the Blockchain wallet app from the App Store, Blockchain is back. The company made the announcement this morning, just days after the release of a completely revamped Blockchain Android app, which was initially unveiled at the North American Bitcoin Conference in Chicago. When the original iOS app was banned by Apple in January there were over 1,000 news stories that covered the development. Apple seems to have gotten the idea. Although Apple has not directly stated their support of Bitcoin and other payment technologies, it seems they have changed their stance on the type of approved applications within the App Store. It is most definitely […]

The post Blockchain is Back! Relaunches on Apple App Store, Completely Revamped Android Wallet App appeared first on Bitcoin Magazine.

Posted on 30 July 2014 | 7:02 am

DAC Sun Limited Launches first official Bitshares X Chain for Distributed “Trading” of Commodities and Stocks.

On July 19th, Bitshares announced that its Hong Kong-based partner DACS Unlimited is launching the first official, live Bitshares X chain. Bitshares X is the stock- and commodities-focused product of Bitshares, which aims to be a multipurpose platform for distributed versions of everything from insurance to music retailing. This makes Bitshares, arguably, the first functional iteration of what’s known as a Distributed Autonomous Corporation – essentially, a distributed, centreless system much like the Bitcoin network, but able to execute commands more complicated than ‘buy’ and ‘sell,’ and with a wider variety of resources. That could mean this counts as a victory for Bitshares over its main conceptual competitor, Ethereum, a DAC platform that is still in the proof of concept phase. […]

The post DAC Sun Limited Launches first official Bitshares X Chain for Distributed “Trading” of Commodities and Stocks. appeared first on Bitcoin Magazine.

Posted on 30 July 2014 | 7:02 am

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Bitcoins Affected by New York’s BitLicense May Trade at Discount

Savvy traders could profit handsomely from the bitcoin arbitrage opportunities presented by a future BitLicense, argues Jon Matonis.

Posted on 30 July 2014 | 6:47 am

#wearesatoshi

This is the feature article for Issue 20. Explaining Bitcoin to a luddite is like explaining the plot of an action-drama movie. Failing exchanges! “Overnight” millionaires! Bank robberies! Drug-busts! World-changing innovation! Government espionage and fortunes made and lost! One of the most interesting aspects is the superhero-like protagonist: our system’s very anonymous creator, Satoshi Nakamoto. #themanbehindbitcoin Satoshi Nakamoto is thought to be a pseudonym for the unknown “Father of Bitcoin”; in Japanese, Satoshi Nakamoto roughly translates to “thinking clearly inside the foundation.”1  For the purpose of this article, Satoshi will be referred to as a male. His preference for privacy is his hallmark. He used e-mail addresses and web-sites that were untraceable. In 2009, he produced his famous white paper […]

The post #wearesatoshi appeared first on Bitcoin Magazine.

Posted on 30 July 2014 | 6:17 am

Dogecoin Core Development Interview

Dogecoin, born in jest, is now serious business. A major payment processor already supports Dogecoin payments. This has opened up the coin to a huge selection of international merchants. One such merchant is Hustler Magazine, which recently confirmed it would start accepting payments in Dogecoin. Dogecoin is also being embraced by new exchanges, including those in the lucrative Chinese market. Most importantly, the community seems as vibrant and passionate as ever. This is important. However, it matters little if there is no one maintaining the protocol and ensuring both the integrity and security of the network. Fortunately for Dogecoin the core development team is equally as passionate. They are increasingly becoming recognised as one of the most active and productive […]

The post Dogecoin Core Development Interview appeared first on Bitcoin Magazine.

Posted on 30 July 2014 | 6:07 am

CoinSafe Releases ‘Virtual Bitcoin ATM’ Apps for Merchants

CoinSafe says its new software allows businesses to trade bitcoins directly with walk-in customers.

Posted on 30 July 2014 | 5:19 am

The Bitcoin Crowd Reaches Out to the Gold Bugs - Businessweek


The Bitcoin Crowd Reaches Out to the Gold Bugs
Businessweek
On the spectrum of currency ideologues, gold bugs and Bitcoin enthusiasts occupy equal but opposite positions. They're both suspicious that governments are going to meddle around with normal money so much that it becomes useless—it's just that one ...
Anyone Can Now Trade, Send and Spend Physical Gold Online via GBI's Ripple ...IT Business Net

all 7 news articles »

Posted on 30 July 2014 | 3:55 am

Romania buys into bitcoin big time - euronews


euronews

Romania buys into bitcoin big time
euronews
It seems the wild-east for the cyber-currency bitcoin is not China but here in Europe. It is increasingly finding favour in one of the European Union's poorest countries – Romania. There is even a bitcoin ATM, or cash machine, in the capital, Bucharest ...
Bitcoin catches on in tech-savvy RomaniaChicago Tribune
A Tech-Savvy Central European Country Has Embraced Bitcoin Like Nowhere ...Business Insider

all 26 news articles »

Posted on 30 July 2014 | 3:11 am

New Zealand Bitcoin ATM Operator Shuts Down After Bank Refusals - CoinDesk


TechCrunch

New Zealand Bitcoin ATM Operator Shuts Down After Bank Refusals
CoinDesk
New Zealand-based bitcoin ATM operator Bitcoin Central says it has been forced to shut its doors, the result of local banks' refusal to provide financial services. While bitcoin businesses around the world are going to great lengths to comply with new ...
Robocoin Opens The First Bitcoin ATM In Vegas, BabyTechCrunch
Las Vegas gets first bitcoin ATMFinextra
Robocoin Brings Bitcoin ATM to the Las Vegas StripnewsBTC
International Business Times AU -New Zealand Herald
all 16 news articles »

Posted on 29 July 2014 | 8:08 pm

Abstractly Represented Money: Introducing Metamoney

Part of this article appears in Issue 20 In his pocket, Joe has an old leather wallet. It contains enough banknotes to buy him a brand new wallet of a better model he saw in a magazine. This buying power is exclusive to him, who alone can use those bills to buy something. Likewise, if he transfers them to another person, then instead of him, only this other person will own their buying power. However, although Joe’s transferring away his banknotes can always transfer along their control, it could never transfer along their whole property, which is not only his. The bills, as possibly distinct from their purchasing power, do not belong to him alone. For example, he has no […]

The post Abstractly Represented Money: Introducing Metamoney appeared first on Bitcoin Magazine.

Posted on 29 July 2014 | 6:00 pm

Proposed Rules Expose Rifts Among Bitcoin Enthusiasts - New York Times


New York Times

Proposed Rules Expose Rifts Among Bitcoin Enthusiasts
New York Times
A new front has opened in the battle over Bitcoin. Since New York became the first state to propose virtual currency regulations two weeks ago, Bitcoin enthusiasts have had a mixed reaction on whether the new rules will help legitimize the virtual ...
Bitcoin is barely regulated — and these congressmen want to keep it that wayWashington Post (blog)
Bitcoin? There's an ATM for thatChicago Tribune
Bitcoin ATMs Boom: New LocationsCoinTelegraph
WNEM Saginaw -Waterloo Record -Business in Vancouver
all 90 news articles »

Posted on 29 July 2014 | 4:40 pm

ZipZap Raises $1.1 Million to Grow Global Bitcoin Payments Network

ZipZap has raised $1.1m in new funding with the goal of becoming the leading payment network for digital currencies.

Posted on 29 July 2014 | 3:20 pm

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To Dream Of Bitcoin

Ancient Greek philosophers learned the importance of dreams: that dreams tied into our reality somehow, but notably that we must first dream of something before we can make it reality. Man told stories and dreamed of flying to the moon, and then with dreams created for generation after generation, we achieved it. Marked by Neil Armstrong’s famous words “That’s one small step for man, one giant leap for mankind.” Bitcoin was a dream, the want and need for change, born from a desire burning in everyone. For if what Bitcoin brings and promises was not what we all desired, then surely, for whatever our reasons, we would not be drawn to it as we are. For many of us the start […]

The post To Dream Of Bitcoin appeared first on Bitcoin Magazine.

Posted on 29 July 2014 | 1:40 pm

Bitcoin Exchange ANX Adds Features to iOS and Android Apps

Hong Kong-based multi-currency exchange ANX has upgraded its iOS and Android apps with features for traders and consumers.

Posted on 29 July 2014 | 7:45 am

Arizona’s First Bitcoin ATM Struck by Lightning

Arizona's first and only bitcoin ATM has been knocked out of action by a lighting strike.

Posted on 29 July 2014 | 5:34 am

Vocabulary Context Is The Reason Bitcoin Isn’t Deflationary

I hope to set a Bitcoin Magazine record for most succinct argument here, as my profession has an uncomfortable obsession with efficiency. I study economics because I like teaching at the University level, and because I want to improve the field. Here’s how the community can help. Coin enthusiasts often struggle at convincing economists and academics that Bitcoin is interesting, and that’s largely because the community is misusing many economic ideas. At the forefront of this is the misuse of the notion of a deflationary currency. Deflation is a decrease in the prices of goods, and yes as prices fall each unit of money is worth more in terms of how much it buys. This is not something that is […]

The post Vocabulary Context Is The Reason Bitcoin Isn’t Deflationary appeared first on Bitcoin Magazine.

Posted on 29 July 2014 | 5:16 am

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Coinapult Launches LOCKS, Aiming to Eliminate Bitcoin Price Volatility - CoinDesk


PaymentsSource

Coinapult Launches LOCKS, Aiming to Eliminate Bitcoin Price Volatility
CoinDesk
That could be set to change, however, with the introduction of a new service from Panama-based bitcoin wallet provider Coinapult. Called LOCKS, the offering allows users outside the US to peg the value of their BTC to the price of gold, silver, British ...
Coinapult Intros Service to Anchor Bitcoin's Price for Wary UsersPaymentsSource
Coinapult Launches Bitcoin Locks to Eliminate Volatility RiskCoinReport
Bitcoin Stages Reversal, Trades Back to $582Forex Market (blog)
Upstart
all 6 news articles »

Posted on 29 July 2014 | 4:25 am

Coinapult Launches LOCKS, Aiming to Eliminate Bitcoin Price Volatility

Coinapult's LOCKS service allows consumers to reduce their exposure to bitcoin's volatility by pegging their BTC to another asset.

Posted on 28 July 2014 | 11:00 pm

Tim Draper Leads CrowdCurity’s $1 Million Seed Funding

CrowdCurity has raised $1 million in a round of seed funding led by Tim Draper and Kima Ventures.

Posted on 28 July 2014 | 4:10 pm

Moolah Acquires Troubled Altcoin Exchange MintPal

Digital currency services provider Moopay has purchased MintPal in an acquisition that will take place gradually through August.

Posted on 28 July 2014 | 11:40 am

SWIFT Institute Offers €15,000 for Bitcoin Research Project

The SWIFT Institute is launching a research programme on cryptocurrencies, with a €15,000 grant for the winning proposal.

Posted on 28 July 2014 | 10:56 am

Apple welcomes back top Bitcoin wallet app - CNNMoney


CNNMoney

Apple welcomes back top Bitcoin wallet app
CNNMoney
But Apple (AAPL, Tech30) recently reversed its antagonistic stance toward Bitcoin and has started to allow a few Bitcoin wallet apps to trickle back in. On Saturday, Apple notified Blockchain.info it could return. The British startup republished its ...
Apple Allows the World's Most Popular Bitcoin Wallet Back Into Its StoreWired
Blockchain's Bitcoin App Reinstated in Apple's App StoreWall Street Journal (blog)
Blockchain Returns to Apple iOS with New Bitcoin WalletCoinDesk
LeapRate -TechCrunch -Investorplace.com
all 46 news articles »

Posted on 28 July 2014 | 8:47 am

Blockchain Returns to Apple iOS with New Bitcoin Wallet

Blockchain returns to the App Store with a totally rewritten wallet app for users of Apple's iPhone and iPad.

Posted on 28 July 2014 | 7:30 am

German Newspaper "taz" accepts Bitcoin

Posted on 22 July 2014 | 1:32 pm

Expedia to accept Bitcoin payments for hotel bookings

Posted on 12 June 2014 | 12:41 pm

Bitcoin Core version 0.9.1 released

Posted on 8 April 2014 | 4:27 pm

Bitcoin taxfree in Denmark

Posted on 25 March 2014 | 5:46 pm

Bitcoin v0.9.0 released

Posted on 19 March 2014 | 6:44 am

Bitcoin-Qt v0.9.0rc3 released

Posted on 13 March 2014 | 3:21 am

Mt.Gox Bankcrupty Protection

Posted on 28 February 2014 | 8:39 am

Problem with transactions

Posted on 10 February 2014 | 6:07 am

Washington Dispensary Now Takes Bitcoin for Cannabis

Posted on 7 February 2014 | 5:39 am

Coinbase Now Requires Two Factor Authentication For Certain Actions

Coinbase now requires two-factor authentication (also known as 2FA) for certain transactions and changes to an account. The one primarily dealt with in their blog post, seen here, is sending

The post Coinbase Now Requires Two Factor Authentication For Certain Actions appeared first on Bitcoin Blogger.

Posted on 15 January 2014 | 1:58 am

C.A.T. Cryptsy Auto Trader Prints Money All Day Long!

If you’re like me, you know nothing about daytrading. While I was always interested in it, I lacked the time of day to learn about it, and didn’t have much

The post C.A.T. Cryptsy Auto Trader Prints Money All Day Long! appeared first on Bitcoin Blogger.

Posted on 14 January 2014 | 7:53 pm

‘Almost Human’, A Fox Network Show, Has Shown Bitcoin In The Future

Readers! I present to you two video clips from two separate episodes of ‘Almost Human’, Fox’s newest sci-fi show. To quote Jesús Cripto of CCN: Anyways, it’s likely you haven’t heard

The post ‘Almost Human’, A Fox Network Show, Has Shown Bitcoin In The Future appeared first on Bitcoin Blogger.

Posted on 7 January 2014 | 4:01 pm

Bitcoin In The Beltway: Washington D.C. Bitcoin Conference June 20th-22nd

Bitcoin conventions and conferences are a great way for locals to network and hear motivating words from industry leaders.  More and more Bitcoin Conferences are happening each and every year

The post Bitcoin In The Beltway: Washington D.C. Bitcoin Conference June 20th-22nd appeared first on Bitcoin Blogger.

Posted on 6 January 2014 | 2:50 pm

Bitcoin is no Dinosaur, Doomed to be Extinct, it’s Something Else Entirely

In Stephen Mihm’s latest article in the Bloomberg Opinion section, he calls Bitcoin, in the title of the article no less, a “High-Tech Dinosaur Soon to Be Extinct”. Well, to

The post Bitcoin is no Dinosaur, Doomed to be Extinct, it’s Something Else Entirely appeared first on Bitcoin Blogger.

Posted on 2 January 2014 | 8:59 am

Incentives, Make-Believe Money, and Pretend-to-be-a-day-trader Day

I worry sometimes, folks. Usually about things other than Bitcoin, because it needs time to mature and make its own mistakes. But still, sometimes I worry about it. My biggest

The post Incentives, Make-Believe Money, and Pretend-to-be-a-day-trader Day appeared first on Bitcoin Blogger.

Posted on 23 December 2013 | 7:04 pm

Someone Attempted to Trademark Bitcoin Again

Marvin Dennis of East London attempted to file a trademark claim over Bitcoin on Nov. 5th, full application seen here. This application is rather… odd though. The filing itself is,

The post Someone Attempted to Trademark Bitcoin Again appeared first on Bitcoin Blogger.

Posted on 23 December 2013 | 6:20 pm

Alleged Silk Road Administrators Arrested in Virigina, Australia, and Ireland

TechCrunch reported on rumors of arrests of some Silk Road administrators earlier this week, and those rumors have been confirmed. According to an official announcement  from the Southern District of

The post Alleged Silk Road Administrators Arrested in Virigina, Australia, and Ireland appeared first on Bitcoin Blogger.

Posted on 21 December 2013 | 10:34 pm

Bitcoin Billboards Appearing Around Los Angeles

This story first appeared in CCN. Los Angeles residents driving near the area of Robertson and Cadillac might notice a new unusual advert on the billboard at 2363 S Robertson

The post Bitcoin Billboards Appearing Around Los Angeles appeared first on Bitcoin Blogger.

Posted on 20 December 2013 | 11:45 am

July 30, 2014 -
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