US Feds Attacking Bitcoin! Bitcoin Getting Shut Down Is this the End of Bitcoin There have been some strong titled headlines since Tuesday evening about bitcoin. But, prices have remained steady, a...
Join Scoop.it for Free
Share ideas that matter on the social web and experience
the benefits of curating the world's best content.
I don't have a Facebook, a Twitter or a LinkedIn account
Already have an account: Login
 Your new post is loading...
Scoop.it!
No comment yet.
Sign up to comment
Delete the scoop?
Are you sure you want to delete this scoop?
Yes
Scoop.it!
The federal government has frozen funds belonging to the world's largest Bitcoin exchange. Is this the start of a political battle between the feds and the Bitcoin community? Delete the scoop?
Are you sure you want to delete this scoop?
Yes
Scoop.it!
This is a brief tutorial on how to get started using our community currency, the Sepal. Join our community exchange for free at www.herbalcoachingcommunity.com
Elle D'Coda's insight:
An alternative currency exchange that focuses on providing natural, holistic health products and services. Its free and open to the public. Delete the scoop?
Are you sure you want to delete this scoop?
Yes
Scoop.it!
It’s hard to know which there are more of these days: the number of Bitcoins worldwide or the number of pundits who believe the newly popular crypto-currency is a fad, doomed to failure, or both, writes Barry Randall. Delete the scoop?
Are you sure you want to delete this scoop?
Yes
Scoop.it!
Just how big is the underground economy? Try $2 trillion.
Elle D'Coda's insight:
Estimates are that in the USA the underground economy has doubled since 2009. Delete the scoop?
Are you sure you want to delete this scoop?
Yes
Scoop.it!
The online-traded currency mines new ground with investors and antigovernment activists.
Elle D'Coda's insight:
Bitcoin now has a global circulation worth more than $1.4 billion on paper. Delete the scoop?
Are you sure you want to delete this scoop?
Yes
Scoop.it!
As investors in cash-strapped countries seek safe havens, the four-year-old Bitcoin sees a surge in popularity. (Cyber Currency Surge Amid Eurozone Crisis. #Bitcoin a credible alternative to rip off banks?
Elle D'Coda's insight:
Bitcoin is still riding high in Europe. Delete the scoop?
Are you sure you want to delete this scoop?
Yes
Scoop.it!
Elle D'Coda's insight:
One result of the Cyprus banking crisis, citizens all over Europe are flocking to buy Bitcoin. Delete the scoop?
Are you sure you want to delete this scoop?
Yes
Scoop.it!
A real alternative to money would benefit many, writes author and journalist David Wolman. So are the days of cash numbered? Delete the scoop?
Are you sure you want to delete this scoop?
Yes
Scoop.it!
It's a new blockchain which uses namecoins for registering domain names. The namecoin DNS data is stored in blockchain and is shared by all p2p nodes.
Here's a good site to learn more. Delete the scoop?
Are you sure you want to delete this scoop?
Yes
Scoop.it!
"BloombergBusinessWeek reports that some Iranians are turning to Bitcoin in the face of economic uncertainty, because US dollars are difficult to obtain: 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.... ... Delete the scoop?
Are you sure you want to delete this scoop?
Yes
Scoop.it!
A new documentary by Melissa Young and Mark Dworkin, Shift Change: Putting Democracy to Work, delves into an entirely different way of working - worker-owned cooperatives - finding companies that may not look different on the surface, but whose structure changes the way people work, and feel about their work, in a quitely radical, empowering way. Delete the scoop?
Are you sure you want to delete this scoop?
Yes
Scoop.it!
Buried in the stacks of the Stanford University Archives is a secret about Stanford’s history that has been kept for decades. It is not the kind of secret that needed anyone to keep it hidden; rather, it is a “public secret”—a piece of history that our society, by the very nature of its development over the last 100 years, was likely to erase from its transmitted memory. We will see in the pages to follow that even a great university can fail to tell its own history when it proves inconvenient to the current ‘branding’ of the institution.... Delete the scoop?
Are you sure you want to delete this scoop?
Yes
|
Scoop.it!
Bitcoin Alliance of Canada Gains Numbers and Publicity. A start-up has developed the technology to power the next generation of wearable computing: Dekko has been developing a real-world operating system for 2 years that will function as the visual layer for wearable computing devices. The technology uses real-time 3D reconstruction, letting mobile devices interpret physical objects and build digital layers on top of them. This has significant implications for what is possible with mobile gaming. Delete the scoop?
Are you sure you want to delete this scoop?
Yes
Scoop.it!
Bitcoin exchange shouldn't be dealing in "crypto-currency" without a license.
Elle D'Coda's insight:
It appears the issue revolves around using flat currency to buy "crypto-currency" (bitcoin), which can then be exchanged back into flat currency. According to the Feds, "Mt. Gox acts as a digital currency exchange where customers open accounts and fund the respective accounts with fiat currency, which is then exchanged into crypto-currency by Mt. Gox; the crypto-currency is known as bitcoin. Fiat currency simply refers to any money that a government has declared to be legal tender. The exchange is bidirectional and allows customers to also exchange bitcoins back into fiat currency, and then withdraw those funds. The exchange of fiat currency and bitcoins incurs a floating rate fee charged by Mt. Gox and is determined by the customer's aggregate amount of funds exchanged on a monthly basis." Delete the scoop?
Are you sure you want to delete this scoop?
Yes
Scoop.it!
Amazon has launched its own currency called Amazon Coins. Coins can be used to buy games, apps and in-app purchases from the Kindle Fire Appstore.
Elle D'Coda's insight:
A sign of things to come.... Delete the scoop?
Are you sure you want to delete this scoop?
Yes
Scoop.it!
This is the first of two videos about our Community Exchange System which uses a community currency called the Sepal for goods and services. Visit our websit...
Elle D'Coda's insight:
The Herbal Coaching Community takes the next step in helping to create a grassroots natural healthcare system, using a community currency. Delete the scoop?
Are you sure you want to delete this scoop?
Yes
Scoop.it!
Elle D'Coda's insight:
A new book, pay for it with a tweet or FB post. "The goal of this book is to succinctly explain the fundamental problems of society’s current economic system, and to propose an evolutionary solution that consists of 11 new economic concepts that democratize social entrepreneurship and money." Also see: http://pnation.pressbooks.com/
Delete the scoop?
Are you sure you want to delete this scoop?
Yes
Scoop.it!
RT @wor: @malayeri the fourth which #bitcoin 's p2p technology will enable, are called - community backed: mutual-credit http://t.co/tJY19vkv6B
Elle D'Coda's insight:
This is coming out of Kenya. They explain the advance of complementary curriencies: Connecting communities to their own abundance.Providing community groups access to savings and credit without expensive banking fees.Providing a mechanism for communities to finance social services.Increasing local trade and business development.Decreasing corruption associated with aid funding.We promote two different models of Complementary Currencies: Donor-Backed Currencies and Community-Backed Currencies. Delete the scoop?
Are you sure you want to delete this scoop?
Yes
Scoop.it!
The hype has never been hotter for the Internet's No. 1 virtual currency. Is this the beginning of the end?
Elle D'Coda's insight:
The article goes on to explain: "On Monday, the U.S. Treasury’s Financial Crimes Enforcement Network (FinCEN) 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. The word “Bitcoin” is never mentioned in FinCEN’s release, but that’s just a technicality. Everyone in the Bitcoin community knew who the guidance was aimed at. Bitcoin is a big boy now. The State is paying attention." Delete the scoop?
Are you sure you want to delete this scoop?
Yes
Scoop.it!
Jct: Adam Kokesh's Historic Monetary Reform Debate between Wayne Walton from Mountain Hours representing people banking their own time at labor, Bill Still f...
Elle D'Coda's insight:
I'd like to see more debates between advocates of various alternative currencies. Delete the scoop?
Are you sure you want to delete this scoop?
Yes
Scoop.it!
"Litecoin is the result of some of us who joined together on IRC in an effort to create a real alternative currency similar to Bitcoin. We wanted to make a coin that is silver to Bitcoin's gold. Litecoin manages to maintain the unique traits and attributes of Bitcoin, while adding to the mixture CPU-specific mining and a 2.5 minute block rate. This means that Litecoin doesn't have to compete for the used up computational cycles of your graphics card if you're already mining Bitcoins, but can work independently on your processor."
Delete the scoop?
Are you sure you want to delete this scoop?
Yes
Scoop.it!
Piggy-backing on the recent launch (and massive funding) of SoFi, a new startup is launching today that wants to breathe some fresh air into. an uninformed atmosphere of a broken, formidable and molasses-slow tyro loan system.... Delete the scoop?
Are you sure you want to delete this scoop?
Yes
Scoop.it!
It's one thing to prep for yourself, but if the economic collapse is sustained for a long period of time, it will take a tribe to survive as comfortably as possible. The bigger your extended survival group the easier it will be, and if you can encourage your greater community to move more toward self-reliance the better off you all will be. Delete the scoop?
Are you sure you want to delete this scoop?
Yes
Scoop.it!
More at http://www.newdream.org A video from the Center for a New American Dream What happens when your Sharey Godmother pays you a surprise visit and hands ... Delete the scoop?
Are you sure you want to delete this scoop?
Yes
|
Looks like Bitcoin isn't so easy to dislodge. There's an idea I tend to agree with, that there cannot be any democracy in government unless there is democracy in money.