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Could Bitcoin become the official currency of Kenya? - Salon

Could Bitcoin become the official currency of Kenya? - Salon | money money money | Scoop.it


So far, however, Bitcoin has yet to gain much traction. “Kenya's bitcoin adoption has been muted, with approximately 1,300 downloads in a country with 41 million people,” Jones wrote.

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About Bitcoin: The Story of Genesis

A very special episode starring James Brown. Let us know if you still miss our British guy.

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Former US Mint Director: How To Save Bitcoin from the Regulators - CoinDesk

Former US Mint Director: How To Save Bitcoin from the Regulators - CoinDesk | money money money | Scoop.it

Edmund Moy, the former director of the United States Mint under the Bush administration, first learned about bitcoin in the form of a footnote embedded in a coin demand forecast report.

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Bitcoin by Bitcoin, the Winklevii ETF Inches Closer to Reality - Bloomberg

Bitcoin by Bitcoin, the Winklevii ETF Inches Closer to Reality - Bloomberg | money money money | Scoop.it

It looks increasingly that the Winklevoss Bitcoin Trust (COIN) will actually launch.

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First Regulated Bitcoin Investment Fund to Launch on Island of Jersey - CoinDesk

First Regulated Bitcoin Investment Fund to Launch on Island of Jersey - CoinDesk | money money money | Scoop.it


The island of Jersey has approved the launch of a bitcoin investment fund, which the government claims will be the first such fund to be regulated.

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Probing Question: What is Bitcoin? - Penn State News

Probing Question: What is Bitcoin? - Penn State News | money money money | Scoop.it


Bitcoin is a digital payment network that allows users to engage in direct transactions without the oversight of a banking organization or government.

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Bitcoin is having its moment but there are better sustainable currencies

Bitcoin is having its moment but there are better sustainable currencies | money money money | Scoop.it
The crypto currency's liberating features are undone by its susceptibility to fraud.
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Bitcoin History: Pre-Blockchain Digital Currencies - CoinTelegraph

Bitcoin History: Pre-Blockchain Digital Currencies - CoinTelegraph | money money money | Scoop.it

For anyone not involved in mid-90s cypherpunk scenes or early e-cash projects, the term “digital currency” probably never came up in conversation until quite recently, after the advent of Bitcoin.

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Polish Finance Ministry: Bitcoin Can Be Used as Financial Instrument - CoinDesk

Polish Finance Ministry: Bitcoin Can Be Used as Financial Instrument - CoinDesk | money money money | Scoop.it


At the time, Pacholski asked Poland's Ministry of Finance to explain the legal status of bitcoin transactions.

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Bitcoin Foundation Hires Firm to Lobby Congress on Cryptocurrencies

Bitcoin Foundation Hires Firm to Lobby Congress on Cryptocurrencies | money money money | Scoop.it
The Bitcoin Foundation has hired Washington, DC-based lobbying firm Thorsen French Advocacy.
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Bitcoin ATM builder takes aim at traditional financial services - Los Angeles Times

Bitcoin ATM builder takes aim at traditional financial services - Los Angeles Times | money money money | Scoop.it
KTLA Bitcoin ATM builder takes aim at traditional financial services Los Angeles Times With the underlying infrastructure now mostly in place, investors and analysts say bitcoin ATM expansion is imminent — 600 or more machines are projected to be...
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EBA: Investors should avoid Bitcoin, identifies 70 risks - ZDNet

EBA: Investors should avoid Bitcoin, identifies 70 risks - ZDNet | money money money | Scoop.it

The European Banking Authority (EBA) has weighed in on the use of virtual currency, and recommends that Bitcoin be avoided until regulatory systems are put into place.

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There's a Lot of Bitcoin Hype, But Where Can You Actually Use Them? - CoinTelegraph

There's a Lot of Bitcoin Hype, But Where Can You Actually Use Them? - CoinTelegraph | money money money | Scoop.it

There has been a lot of buzz about Bitcoin this year. First, there were questions about the volatile nature of a cryptocurrency followed by whirling prices and the eventually collapse of Mt. Gox, the once bitcoin exchange giant. No matter what side of the news story Bitcoin has been on, retailers have been watching closely.

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Opinion: For Black Money, Look in India, Not Switzerland - NDTV

Opinion: For Black Money, Look in India, Not Switzerland - NDTV | money money money | Scoop.it


The empirical origin of the $500 billion figure is yet unknown.

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Bitcoin is having its moment but there are better sustainable currencies - The Guardian

Bitcoin is having its moment but there are better sustainable currencies - The Guardian | money money money | Scoop.it
The crypto currency's liberating features are undone by its susceptibility to fraud. With other options out there, Bitcoin may not be the best bet
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Bitcoin History: Pre-Blockchain Digital Currencies - CoinTelegraph

Bitcoin History: Pre-Blockchain Digital Currencies - CoinTelegraph | money money money | Scoop.it


Furthermore, a campaign began to grow against E-Gold that marked it as the currency of money launderers and child pornographers.

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Is the Islamic State Really Using Bitcoin? - Motherboard


Fresh from perfecting its Twitter game and meming its conquests across Iraq and Syria, the Islamic State has reportedly turned its operations to another burgeoning part of the internet: Bitcoin.

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Debt: Eight Reasons This Time is Different - OilPrice.com

Debt: Eight Reasons This Time is Different - OilPrice.com | money money money | Scoop.it


Part of their story is of course correct. Governments have gotten themselves into problems with debt, time after time. This is happening again now.

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Can Germany save the euro?

Can Germany save the euro? | money money money | Scoop.it
The short history of the Eurozone has been remarkable and unprecedented – the euro project has moved from the planning board to a vibrant currency within less than ten years.
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Banking on Bitcoin: Nonprofit Success Stories Start to Emerge - Chronicle of Philanthropy (subscription)

Banking on Bitcoin: Nonprofit Success Stories Start to Emerge - Chronicle of Philanthropy (subscription) | money money money | Scoop.it

When representatives from alternative, Internet-based currencies like NobleCoin began pitching the Water Project last year, they met plenty of skepticism. Peter Chasse, founder and president of the nonprofit, knew little about how such currencies functioned.

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Thousands of websites from South Korea will embrace Bitcoin due ...

Thousands of websites from South Korea will embrace Bitcoin due ... | money money money | Scoop.it

Galaxia Communications is one of the top three online payment companies in South Korea. This company has more than 10,000 customers both inside and outside of South Korea. It also is the top seller for mobile gift card and coupon in South Korea. The cooperated Bitcoin payment processor is Coinplug, which provides technology support for Bitcoin transaction.

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Column UCLA's John Villasenor takes you inside the world of cryptocurrencies ... - Los Angeles Times

Column UCLA's John Villasenor takes you inside the world of cryptocurrencies ... - Los Angeles Times | money money money | Scoop.it

You can donate to a PAC, buy a Tesla or order a Domino's pizza using bitcoin. California just repealed a ban on such cryptocurrencies, so the question is not only "Now what?" but "What?," period. Any currency that's not tied to something like gold is essentially faith-based, but faith may be harder to come by for something like bitcoin, which took a PR hit in the Mt. Gox failure in February and has no physical existence anyway. You may want to try it out just because it's neat, says John Villasenor, a UCLA professor of electrical engineering and public policy and a Brookings Institution fellow, but it's the "decentralized trust" that underpins bitcoin transactions that is the real innovation.

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Bitcoin's Conundrum: Rewarding hoarders and punishing users - CryptoCoinsNews

Bitcoin's Conundrum: Rewarding hoarders and punishing users - CryptoCoinsNews | money money money | Scoop.it

There are, theoretically, almost 13 million bitcoins in existence. Of this figure, I am going to assume that at least 2 million bitcoins have been lost. I believe this is a conservative figure, many more may be buried in long forgotten hard drives and Mt. Gox has accounted for a few, if Mark Karpeles is to believed. So that leaves us with 11 millions. Now, we don’t need all of those 11 millions to function successfully, as a matter of fact Bitcoin could function successfully as the World’s number one currency if we only had 1 Bitcoin. This would, of course, mean that that Bitcoin would be subdivided into tiny fractions that would account for all purchases and payments.  The lower the number of bitcoins in existence the greater the value of an individual Bitcoin; If there were more bitcoins, there would be a lower individual value on each one. Now, every day, the world destroys bitcoins; we lose keys and codes, the computer get’s lost, formatted or stolen, or we hit the wrong key and send a payment to a wrong address. So the amount of bitcoins is never what it should be. This leads us to Bitcoin’s Conundrum.

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ISIS-Linked Blog: Bitcoin Can Fund Terrorist Movements Worldwide - CoinDesk

ISIS-Linked Blog: Bitcoin Can Fund Terrorist Movements Worldwide - CoinDesk | money money money | Scoop.it


The Islamic State of Iraq and Syria (ISIS) has proposed using bitcoin to fund global jihadist efforts.

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Next Bitcoin Core Version to Include 'Smarter' Transaction Fees - CoinDesk

Next Bitcoin Core Version to Include 'Smarter' Transaction Fees - CoinDesk | money money money | Scoop.it


Bitcoin Foundation chief scientist Gavin Andresen has outlined the details of new floating transaction fees to be included in the code of the next Bitcoin Core release.

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Euro Crisis Turning Point: Two Years of Banking Union - Fair Observer

Euro Crisis Turning Point: Two Years of Banking Union - Fair Observer | money money money | Scoop.it

Europe’s banking union, constituting a supranational pooling of most instruments of banking policy, was established over two years ago, in the early hours of June 29, 2012. To a greater extent than was initially realized by most observers, this step marked a watershed in the European crisis by making it possible for the European Central Bank (ECB) to stabilize sovereign debt markets. The banking union will also profoundly reshape and realign Europe’s financial system and institutions, with consequences that will unfold gradually.

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