Retailers worldwide increasingly see Bitcoin as just another payment method but governments are suspicious it is a rival to currency.
Next Big Thing
There's a new digital monetary system in town.
The world's largest Bitcoin wallet service just sealed a record venture capital deal. Backers include none other than billionaire Richard Branson.
The novel new form of payment has advantages for businesses over credit cards for ordinary transactions.
That's right. America's richest man believes Bitcoin is a promising payments solution. Why? Because it's 'cheap.' However, his outlook isn't as bright on the anonymity aspect.
With so much drama in the LBC, somehow, someway, Snoop still keeps coming up with funky-ass investments like every single day.
The outspoken Shark Tank star is anything but bullish on Bitcoin.
PayPal is officially warming up to the cryptocurrency, though it is proceeding gradually and with caution.
The thriving San Francisco-based Bitcoin exchange and payments processor has bitten off an ambitious first step into the European market. Here's how.
Braintree will soon integrate Bitcoin, a move that could have Airbnb, Dropbox and Uber customers paying in the cryptocash. Meanwhile, PayPal dropped the B-word in a curious promo video, igniting another social media speculation frenzy.
Coinbase's Adam White lays out the bottom-line benefits of embracing Bitcoin payments.
News and trends
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It's only a matter of time before eBay subsidiary Braintree begins accepting Bitcoin payments, but eBay and PayPal won't, at least not initially.
Bitcoin buyer beware. The U.S. Consumer Financial Protection Bureau cautions consumers about the risks of investing in Bitcoin and other cryptocurrencies.
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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