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The Rise of the Algorithmic Medium
Algorithms are the new medium between people and people, people and data, data and data.
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The 'internet weirdos' of bitcoin are shaping the way money works

The 'internet weirdos' of bitcoin are shaping the way money works | The Rise of the Algorithmic Medium | Scoop.it
Bitcoin’s downward spiral won’t matter in the long run because it is leading the way for cryptocurrency writes David Wolman, the author of The End of Money
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MasterCard Patent Would Add Bitcoin to Global Shopping Cart

MasterCard Patent Would Add Bitcoin to Global Shopping Cart | The Rise of the Algorithmic Medium | Scoop.it
Global financial services giant MasterCard has filed a patent that would seek to incorporate bitcoin into its design for a planned global online shopping cart. Entitled 'Payment Interchange for Use With Global Shopping Cart', ...

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This week in bitcoin: How Google and Twitter move the market for bitcoin

This week in bitcoin: How Google and Twitter move the market for bitcoin | The Rise of the Algorithmic Medium | Scoop.it
This week’s bitcoin review takes a look at a new research paper that examines the relationship between social media interactions and the bitcoin market. More searches does not mean a higher price Anyone who has followed bitcoin over the last three years knows that its price is an ad nauseum repeat of price spikes followed…
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MIT students raise money to give $100 in bitcoin to every undergraduate on campus

MIT students raise money to give $100 in bitcoin to every undergraduate on campus | The Rise of the Algorithmic Medium | Scoop.it
A college campus, full of students already using meal points or campus cash, might be the perfect incubator for new ideas on how to use cryptocurrency.
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SATOSHI'S REVOLUTION: How The Creator Of Bitcoin May Have Stumbled Onto Something Much, Much Bigger

SATOSHI'S REVOLUTION: How The Creator Of Bitcoin May Have Stumbled Onto Something Much, Much Bigger | The Rise of the Algorithmic Medium | Scoop.it
We gave our Person of the Year award for 2013 to Satoshi Nakamoto, the pseudonymous creator of Bitcoin.
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What bitcoin needs next: education and an ecosystem, says Marc Andreessen

What bitcoin needs next: education and an ecosystem, says Marc Andreessen | The Rise of the Algorithmic Medium | Scoop.it
Bitcoin is still in its growing phase, and it’s now Silicon Valley and the bitcoin community’s responsibility to explain it, said Marc Andreessen in a panel at CoinSummit.
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Russia Bans Bitcoin | TechCrunch

Russia Bans Bitcoin | TechCrunch | The Rise of the Algorithmic Medium | Scoop.it
Russia doesn't do things by halves -- Bitcoin can no longer be used by individuals and legal entities anymore. If you have a Bitcoin wallet on your computer,..

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The Blockchain: What It Is and Why It Matters

The Blockchain: What It Is and Why It Matters | The Rise of the Algorithmic Medium | Scoop.it
Chances are that you’ve heard of bitcoin, the digital currency that many predict will revolutionize payments – or prove to be a massive fraud – depending on what you read. Bitcoin is an application that runs on the Blockchain, which is ultimately a more interesting and profound innovation.
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Bitcoin slowly goes global as businesses like Overstock expand to international customers

Bitcoin slowly goes global as businesses like Overstock expand to international customers | The Rise of the Algorithmic Medium | Scoop.it
Overstock helped lead the charge of big businesses accepting bitcoin — and now they’re also among the first to bring bitcoin acceptance to a global scale.
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Dell becomes largest retailer to accept bitcoin payments

Dell becomes largest retailer to accept bitcoin payments | The Rise of the Algorithmic Medium | Scoop.it
Coinbase helped Dell install bitcoin payments in just two weeks.
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Bloomberg terminals now track bitcoin prices and virtual currency news

Bloomberg terminals now track bitcoin prices and virtual currency news | The Rise of the Algorithmic Medium | Scoop.it
In another move to the mainstream for bitcoin, financial information giant Bloomberg will now show prices and social media news on its terminals.
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I analyzed more than a million bitcoin tweets. Here's what that looks like

I analyzed more than a million bitcoin tweets. Here's what that looks like | The Rise of the Algorithmic Medium | Scoop.it
In an effort to get a grip on how global a phenomenon bitcoin really is, I acquired data on more than 1.3 million tweets, spanning the month of February, about the crypto-currency. Here’s a breakdown of who’s tweeting, where and what they’re sharing.
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The great hiccup: Bitcoin is growing too fast

The great hiccup: Bitcoin is growing too fast | The Rise of the Algorithmic Medium | Scoop.it
IN MOST businesses, a small coding error is a minor problem. With Bitcoin, an online “cryptocurrency”, a fairly simple flaw seems to have cost $5.3 billion. That...
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Why Bitcoin Matters

Why Bitcoin Matters | The Rise of the Algorithmic Medium | Scoop.it
Bitcoin is the first practical solution to a longstanding problem in computer science, Marc Andreessen writes in Another View.
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