Now that consumers can use digital currencies like bitcoin to buy rugs from Overstock.com, pay for Peruvian pork sandwiches from a food truck in Washington, D.C. and even make donations to political action committees, states are beginning to explore how to regulate the emerging industry.
It’s what you get when you combine bitcoin, one of the world’s newest would-be currencies, and gold, one of the oldest. Add mistrust of centralized authority, a dash of rebelliousness and a dollop of profit motive and you might have the Independence Coin, the first gold-backed crypto-money, unveiled this month at FreedomFest, a libertarian convention in -- where else? -- Las Vegas.
I convince my mother that bitcoin is the future and she decides to use it. I am going to walk her through her first bitcoin purchase as she has some things on TigetDirect she would like to get for about $1,000.
CEX.IO is REVOLUTIONARY PLATFORM for real-time cryptocurrency trading and instant Bitcoin mining. Welcome to CEX.IO — the first exchange where you can make profit by trading Bitcoin mining facilities — GHS How does mining work?
Bidness Etc Bitcoin Price Dips Below $600, But Poised for Breakout Money Morning Still, the drop on the CoinDesk Bitcoin Price Index from about $618 to $595 is nothing like the dramatic swings of late last year, when the digital currency first came...
(Reuters) - In a well-lit office with red window frames in downtown Bucharest, Romania's first bitcoin ATM attracts many who until it opened in May had to buy or sell the digital currency face-to-face or through wire transfers.
In the two previous articles of this series, Dario Di Pardo listed the highs and lows of having spent many thousands of dollars on pre-ordered bitcoin mining hardware and then having to endure delays, poor communication and broken promises, as some of the companies failed to provide the promised equipment in time.
July 24 (Bloomberg) –- Bitcoin mining is the complicated process through which new bitcoins are made. So how does it work? Bloomberg and Switch-Video explain. (Source: Bloomberg) (VIDEO: How does Bitcoin mining work?
In a fresh possible headache for regulators, including in India, 'gold for bitcoin' trades are emerging as a new fad in the world of anonymous transactions, fuelling further the appetite for virtual currencies.
bitToday’s announcement details how the Bitcoin Foundation’s education committee creates guides for the general public about Bitcoin. It also describes the committee’s goal to decentralize information about the alternative currency by having content creation available to anyone on GitHub. Anyone can join the education committee and contribute to, update, or edit the content on GitHub. Membership in the committee will be determined by contributions, not by a decree.
Multi-exchange trading platform provider BTX Trader has officially launched Celery, a new product that aims to position the company to expand its market beyond institutional traders to everyday US consumers.