Bitcoin

Robot Buys Ecstacy With Bitcoin, Gets Arrested
Robots

Robot Buys Ecstacy With Bitcoin, Gets Arrested

It's all in the name of art, folks.
London Stakes Its Claim as Global Bitcoin Hub
Bitcoin

London Stakes Its Claim as Global Bitcoin Hub

British authorities have come out in support of digital currencies in the name of promoting financial innovation.
Why Billionaire Investor Reid Hoffman Is Betting Big on Bitcoin
Bitcoin

Why Billionaire Investor Reid Hoffman Is Betting Big on Bitcoin

The LinkedIn co-founder's investments in Facebook, Airbnb and Dropbox more than paid off. Will Silicon Valley's 'startup whisperer' be on the money about Bitcoin, too?
Kim Lachance Shandrow
Would You Work Out Harder If You Got Paid in Bitcoin?
SXSW

Would You Work Out Harder If You Got Paid in Bitcoin?

Austin-based startup Chaotic Moon Studios is showing off an iOS app at SXSW that pays people to exercise. The more users work out with FitCoin, the more cryptocash they stash.
Kim Lachance Shandrow
IBM Looking at Adopting Bitcoin Technology for Major Currencies
Bitcoin

IBM Looking at Adopting Bitcoin Technology for Major Currencies

The tech company is looking at the underlying technology behind bitcoin, known as the 'blockchain,' to create a digital cash and payment system.
Winklevoss Twins: Bitcoin Is Like a 'Child Taking Its First Steps' But Will One Day Win the Finance Marathon
Bitcoin

Winklevoss Twins: Bitcoin Is Like a 'Child Taking Its First Steps' But Will One Day Win the Finance Marathon

Ahead of the launch of their own Bitcoin exchange, tech entrepreneurs Cameron and Tyler Winklevoss say the nascent cryptocurrency isn't primed for mass adoption just yet, but it will one day rule the financial world.
Kim Lachance Shandrow
Is Bitcoin Speculative Foolery or a Financial Services Breakthrough?
Virtual Currency

Is Bitcoin Speculative Foolery or a Financial Services Breakthrough?

The author of 'The Bitcoin Big Bang' on what entrepreneurs need to know about the budding digital currency.
Carol Roth
'Days Felt Like Years': What Morgan Spurlock Found When He Tried to Survive on Bitcoin for a Week
Bitcoin

'Days Felt Like Years': What Morgan Spurlock Found When He Tried to Survive on Bitcoin for a Week

At first the documentary filmmaker thought the virtual currency was 'bananas.'
Kim Lachance Shandrow
U.S. Marshals to Auction 50,000 Bitcoins From Silk Road
Bitcoin

U.S. Marshals to Auction 50,000 Bitcoins From Silk Road

The auction follows the recent criminal conviction of the mastermind behind the online black market.
Why This Internet Pioneer Believes Bitcoin Has the Power to Break the Cycle of Poverty
Bitcoin

Why This Internet Pioneer Believes Bitcoin Has the Power to Break the Cycle of Poverty

At 20, Wences Casares launched Argentina's first Internet service provider. Now 40, and with several successful startups under his belt, the serial entrepreneur is on a mission to bring financial security to underserved communities through Bitcoin.
Kim Lachance Shandrow
Hong Kong's Central Bank Warns Against Investing in Bitcoin in Wake of Alleged Pyramid Scheme
Bitcoin

Hong Kong's Central Bank Warns Against Investing in Bitcoin in Wake of Alleged Pyramid Scheme

When MyCoin suddenly shut down, some $387 million in investor cash bit the dust. Officials suspect that the exchange scammed customers all along.
Kim Lachance Shandrow
Coinbase Just Launched America's First Regulated Bitcoin Exchange
Bitcoin

Coinbase Just Launched America's First Regulated Bitcoin Exchange

Backed by the NYSE, the thriving San Francisco startup beat the Winklevii to the punch and is now processing trades in 24 states.
Kim Lachance Shandrow
16 Startup Trends That Will Be Huge in 2015
Predictions

16 Startup Trends That Will Be Huge in 2015

A list of big, important predictions from the investors at venture capital firm Andreessen Horowitz.
Bitcoin
Bitcoin is a decentralized digital currency that can be exchanged directly from peer to peer. Unlike modern fiat money, Bitcoin, which has often been called 'cash for the Internet,' is not printed like dollars or other fiat currency and it is not controlled, backed or distributed by any bank or central government authority. An estimated 11 million bitcoins are in circulation today, though only 21 million bitcoins can ever be created.
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