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In Bitcoin We Trust? - Wall Street Pit

In Bitcoin We Trust?

Most often it is described as a non-government digital currency. Bitcoin is also sometimes called a cybercurrency or, in a nod to its encrypted origins, a cryptocurrency.

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John Crudele of the NY Post Calls Bitcoin a “Confidence Game” - CryptoCoinsNews

John Crudele of the NY Post Calls Bitcoin a “Confidence Game” - CryptoCoinsNews | money money money | Scoop.it


bitcoin confidence John Crudele has written a piece on the NY Post calling Bitcoin a “Confidence Game” while being insulting towards Bitcoin enthusiasts.

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The Short-Term View on Bitcoin Remittances - CoinDesk

The Short-Term View on Bitcoin Remittances - CoinDesk | money money money | Scoop.it

Satoshi Citadel Industries manages several different digital currency services and sites, including Bitmarket, in-beta exchange Coinage, photo-sharing site Bitstars.ph, and remittance service ReBit.


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3 Forces Shaping Next-Generation Bitcoin Exchanges - Bitcoins Channel

Investors and try capitalists have grown a healthy ardour for appropriation bitcoin sell services in new months.
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Inside Bitcoins Conference Is Coming to London on September 15-16th - Bitcoins Channel

Taking place during a Grange St. Pauls Hotel, on a doorstep of a City of London, Inside Bitcoins already has attendees from over fifteen countries purebred and is approaching to be a largest practical banking discussion in Europe to date.
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Ecuador set to create state-backed digital currency... to ditch dollar?

Ecuador set to create state-backed digital currency... to ditch dollar? | money money money | Scoop.it
Ecuador is planning to create the world’s first digital currency issued by the country’s central bank, in what is seen by many as a step to abandon the US dollar, the currency now used by the Central American country.
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What’s Europe’s best hope for avoiding a second euro crisis?

What’s Europe’s best hope for  avoiding a second euro crisis? | money money money | Scoop.it
This week’s theatrical resignation threat by Manuel Valls, the French prime minister, combined with deep European anxiety about deflation, suggest that the euro crisis may be coming back.
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WHY IS EUROPE NOT ‘COMING TOGETHER’ IN RESPONSE TO THE EURO CRISIS?

WHY IS EUROPE NOT ‘COMING TOGETHER’ IN RESPONSE TO THE EURO CRISIS? | money money money | Scoop.it

In this article I ask a question on everyone’s lips: Almost everyone agrees that the Eurozone was a one-legged giant; a monetary union lacking a political ‘leg’ to stabilise it. If so, why has the Euro Crisis (which surely strengthened that view on the back of its ferocity and durability) not strengthen the hand of the federalists? Of those who were, supposedly, waiting to pounce upon any opportunity to create a United States of Europe? (This article was compiled from extracts of a keynote speech I have on 25th August 2014 at the University of Tampere, Finland, in the context of a conference entitled Power, Knowledge and Society.)  


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Hal Finney, Cryptographer and Bitcoin Pioneer, Dies at 58 - New York Times

Hal Finney, Cryptographer and Bitcoin Pioneer, Dies at 58 - New York Times | money money money | Scoop.it


Hal Finney, a cryptographer and one of the earliest users and developers of the virtual currency Bitcoin, died on Thursday in Phoenix.

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Top Bitcoin Proponent to Plead Guilty to Federal Charge - New York Times

Top Bitcoin Proponent to Plead Guilty to Federal Charge - New York Times | money money money | Scoop.it

A prominent supporter of Bitcoin, Charles Shrem, says he will plead guilty on Thursday to resolve federal charges that he helped smooth the way for drug transactions on the online marketplace Silk Road. He is to plead in New York federal court to one count of aiding and abetting the operation of an unlicensed money transmitting business.

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Bitcoin's Future: Proof-of-stake vs Proof-of-work - CryptoCoinsNews

Bitcoin's Future: Proof-of-stake vs Proof-of-work - CryptoCoinsNews | money money money | Scoop.it

It’s no secret that merchants who immediately sell their Bitcoin for fiat currency create downward pressure on the Bitcoin price, but the merchants aren’t the only people to blame. The proof-of-work (POW) system used by Bitcoin and other cryptocurrencies fails to create an incentive for miners to hold onto their coins. That means that as much as 3,600 BTC may be sold per day to pay for electricity and rent, alone. The mined bitcoins alone has a value of more than 180 000 USD. Depending on the type of pool used, some miners sell their coins instantly after being awarded their coins. Others sell throughout the day, or at the end of the week or month. This constant selling causes constant downward pressure on the Bitcoin price.

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Meet the British Crown Dependencies Vying To Become Bitcoin Island - CoinDesk

Meet the British Crown Dependencies Vying To Become Bitcoin Island - CoinDesk | money money money | Scoop.it

Bitcoin entrepreneurs seeking a friendly jurisdiction for their business could do worse than end up on the Isle of Man, the picturesque British Crown dependancy located in the Irish Sea.

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Keiser Report: Fast Food Tax Evasion (E647)

In this episode of the Keiser Report, Max Keiser and Stacy Herbert discuss Burger King, yet another company fleeing America for yet another ‘free’ healthcare nation, Canada. Meanwhile, back in America naked incidents are on the rise and, in Europe, suicide tourism rises four-fold. In the second half, Max interviews Trace Mayer about bitcoin, central banking and geopolitics.

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South America Could Be Next Big Bitcoin Market - Bidness ETC

South America Could Be Next Big Bitcoin Market - Bidness ETC | money money money | Scoop.it


The use of virtual currency is becoming a popular concept and its growing penetration could provide an alternative to fiat currencies at some point in the future.

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Scottish independence: How might a currency change affect the rest of the UK? - BBC News

Scottish independence: How might a currency change affect the rest of the UK? - BBC News | money money money | Scoop.it


Scottish independence: How might a currency change affect the rest of the UK?

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The Cyber-Terror Bank Bailout: They're Already Talking About It, and You May Be on the Hook

The Cyber-Terror Bank Bailout: They're Already Talking About It, and You May Be on the Hook | money money money | Scoop.it
Bankers and U.S. officials have warned that cyber-terrorists will try to wreck the financial system’s computer networks. What they aren’t saying publicly is that taxpayers will probably have to cover much of the damage.
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Which Nation Will Lead South America's Bitcoin Revolution? - CoinDesk

Which Nation Will Lead South America's Bitcoin Revolution? - CoinDesk | money money money | Scoop.it


Many bitcoin proponents share the belief that digital currency and its underlying technology can radically transform how the world transacts.

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What Makes Bitcoin Exchanges Tick? - CoinDesk

What Makes Bitcoin Exchanges Tick? - CoinDesk | money money money | Scoop.it


Exchanges play a central role in the bitcoin ecosystem. In addition to facilitating trade, they set exchange rates between bitcoin and fiat currencies such as the US dollar or the euro.

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Tracking the Euro Zone’s Crisis

The latest economic and policy developments from countries in the euro zone.
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Making money: How to start your own currency

Making money: How to start your own currency | money money money | Scoop.it
People across the world are launching local currencies -- and you can too.
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Keiser Report: Bitcoin Independence! (E646)

In this episode of the Keiser Report, Max Keiser and Stacy Herbert discuss the high cost of helping politicians with low rates . . . from the increase in the cost of raising a child to the Greater Depression in Europe. And yet, it is the voter who reelects the politicians based on cheap money induced house price rises. In the second half, Max interviews filmmaker and bitcoin enthusiast, Julia Tourianski, about her online video, The Declaration of Bitcoin’s Independence.

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Bitcoin Pioneer and First Bitcoin Recipient Hal Finney Passes Away

Bitcoin Pioneer and First Bitcoin Recipient Hal Finney Passes Away | money money money | Scoop.it
Bitcoin pioneer Hal Finney passed away this week. In memory, CoinDesk looks back at his life and legacy.
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Analysis - Bitcoin shows staying power as online merchants chase digital sparkle | Reuters

Analysis - Bitcoin shows staying power as online merchants chase digital sparkle | Reuters | money money money | Scoop.it

(Reuters) - Bitcoin is catching on at U.S. online merchants including Overstock.com and Expedia, as customers use a digital currency that just a few years ago was virtually unknown but is now showing some staying power.

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Bitcoin Price Analysis (Aug 18, 2014) | CEX.IO ...

Bitcoin Price Analysis (Aug 18, 2014) | CEX.IO ... | money money money | Scoop.it
Media resource of the leading Bitcoin exchange. Crypto news, tips and Bitcoin industry overviews.
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Bitcoin ATMs open for business at two Dallas locations - WFAA

Bitcoin ATMs open for business at two Dallas locations - WFAA | money money money | Scoop.it
Two Bitcoin ATMs have suddenly — and quietly — popped up in the Uptown area of Dallas. The virtual currency exchanges allow folks to replace their U.S. dollars with Bitcoin currency.
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SpectroCoin Takes on BitPay in Europe With Bitcoin Processing Solution - CoinDesk

SpectroCoin Takes on BitPay in Europe With Bitcoin Processing Solution - CoinDesk | money money money | Scoop.it


SpectroCoin has launched a new bitcoin merchant processing solution for the European market, adding yet another vertical to its suite of solutions.

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Curated by jean lievens
Economist, specialized in political economy and peer-to-peer dynamics; core member of the P2P Foundation