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Sports, in many senses, polarize a playing field. They foster an ‘us versus them’ mentality that when taken to an extreme, can hurt others or create an environment where anyone playing the game is at risk for the sake of competition. I’ve seen this same spirit among those who support altcoins and have explicitly said their altcoin’s goal is to supplant Bitcoin’s current #1 spot. Is that really a worthy goal? Is there something better all cryptocurrencies can strive towards? Polarizing cryptocurrencies into rankings or villainizing other altcoins totally obfuscates the true purpose we share: to rise above the lie that we only have the freedom to use currencies issued by sovereign nations. Anyone who claims another […]
The post The Confusion in Competition appeared first on Bitcoin Magazine.
Posted on 1 October 2014 | 6:21 am
Bitcoin Embassy Concept Is Taking The World By StormCryptoCoinsNews
Canada is represented by the 14,000 sq ft Bitcoin
Embassy, in the heart of Montreal, which is comprised of three floors. The ground floor is used for basic interaction & education of new Bitcoin
consumers, and for Bitcoin
merchandising. Level 2 is a ...
Posted on 1 October 2014 | 1:37 am
Posted on 30 September 2014 | 5:56 pm
Coinapult has announced $775k in venture funding from FirstMark Capital, Roger Ver and more.
Posted on 30 September 2014 | 5:32 pm
Reddit has announced it may develop and distribute its own cryptocurrency to reward users for loyalty.
Posted on 30 September 2014 | 4:20 pm
A new report by Europol examines the role of bitcoin in money laundering schemes and dark net organised crime.
Posted on 30 September 2014 | 3:05 pm
Posted on 30 September 2014 | 1:39 pm
Robocoin has introduced a digital wallet for users of its bitcoin ATMs, as development of its platform continues.
Posted on 30 September 2014 | 1:00 pm
Part I introduced some of the challenges in the way of the public understanding of how Bitcoin works, and summarized the strategic roles of the open source software model, peer-to-peer networking, and digital signatures. Part II concludes by discussing hashing and the essential roles it plays in the technical structure of Bitcoin, as well how the system has been designed to be self-financing right from the beginning into the indefinite future. Making a hash of it Hashing plays a role quite different from digital signatures. It proves that a message has not been altered. Running a hash of the same message always produces the same result. If a hash does not match a previous one, it is a warning that […]
The post Bitcoin: Magic, Fraud, or Sufficiently Advanced Technology? Part II: Technical Structure appeared first on Bitcoin Magazine.
Posted on 30 September 2014 | 12:30 pm
CoinDesk speaks to FinCEN Director Jennifer Shasky Calvery to learn more about her agency's view on bitcoin and financial crime.
Posted on 30 September 2014 | 12:01 pm
Islamic finance is well-known as a world full of rules and prohibitions that seem strange and foreign to western scholars. Interest rates, excessive risk-taking, and investments in products deemed unethical such as wine, weapons, and pornography are strictly prohibited. In fact, every potential product to be invested in has to be approved by religious board members of Islamic banks. Bitcoin is no exception. Indeed, the financial climate around investing in Bitcoin is full of shadows in the Islamic world. No fatwa has been issued against the cryptocurrency, yet the final verdict on whether Muslims can invest in the cryptocurrency is still out. The bewildering array of legal systems scattered throughout the Muslim world doesn’t help, either. There are four fundamental legal […]
The post Time For Islamic Law to Face The Bitcoin Question appeared first on Bitcoin Magazine.
Posted on 30 September 2014 | 11:43 am
The Republican reaction to bitcoin has been mixed. Some lawmakers have enthusiastically supported it, while others have unequivocally opposed it. Interestingly, many mainstream Republican positions make amiable bedfellows with bitcoin. In this article, each section begins with a quote taken directly from the 2012 Republican Party Platform, followed by a discussion of how bitcoin can address the issue in question. Small Business and Entrepreneurship America’s small businesses are the backbone of the U.S. economy, employing tens of millions of workers. Small businesses create the vast majority of jobs [and] are the leaders in the world’s advances in technology and innovation, and we pledge to strengthen that role and foster small business entrepreneurship. In a world where resources are preposterously precious and margins […]
The post Why Republicans Should Love Bitcoin appeared first on Bitcoin Magazine.
Posted on 30 September 2014 | 11:27 am
Posted on 30 September 2014 | 10:29 am
CoinCorner, the first cryptocurrency exchange on the Isle of Man, has announced new services, including a multi-cryptocurrency wallet.
Posted on 30 September 2014 | 9:42 am
Posted on 30 September 2014 | 8:16 am
Online fashion and homeware retailer Showroomprive.com is now accepting payment in bitcoin.
Posted on 30 September 2014 | 8:10 am
Posted on 30 September 2014 | 7:05 am
CoinSpark has launched a bitcoin 2.0 platform it hopes could one day help move digital fiat dollars.
Posted on 30 September 2014 | 7:01 am
A new version of the Aegis Wallet features support for Android Wear, Google’s new operating system for wearables.
Posted on 30 September 2014 | 6:18 am
Applications have officially opened for Swarm’s first class with projects to be launched on the 5th of November Sept 30, 2014 — The Bitcoinpowered crowdfunding platform Swarm (http://www.swarm.co) has announced that its first class of five projects will launch on the 5th of November in the world’s first decentralized demo day. Applications are open until the deadline of October 5th. Swarm, the “Bitcoin 2.0” platform which in July successfully raised in $1mm in an exchange of Bitcoin for its own innetwork currency, is now helping other innovative projects to use its newly released platform to raise money in the same way. This involves the exchange of Bitcoins or regular US dollars for a cryptocurrency that can later be redeemed in […]
The post Bitcoin Crowdfunding Platform Swarm Announces First Decentralized Demo Day appeared first on Bitcoin Magazine.
Posted on 30 September 2014 | 6:00 am
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CoinDesk talks to United Way Worldwide's Evan Hochberg about the organisation's recent integration of bitcoin donations.
Posted on 30 September 2014 | 3:27 am
Sibos 2014 included a day of seminars on bitcoin and the future of block chain applications.
Posted on 29 September 2014 | 5:55 pm
Posted on 29 September 2014 | 3:19 pm
Most explanations of the falling price of bitcoin fail to stand up to scrutiny, so what's really going on?
Posted on 29 September 2014 | 3:10 pm
The Liberty Beat Partners with Genesis Communications Network FOR IMMEDIATE RELEASE Contact: John Bush, Owner and Editor in Chief of The Liberty Beat Phone: 512-773-6102 Email: JohnBush512@gmail.com San Marcos, TX – The Liberty Beat, your daily source for liberty news and activist updates, is announcing a new partnership with the Genesis Communications Network that will greatly expand the reach of the program. The daily news service will also soon be producing three updated editions a day. Since January of 2013, The Liberty Beat has provided daily top-of-the-hour news that could be heard on LRN.FM and up to 14 times per day on 90.1 FM in Austin, TX. Now, you can hear the daily news service on the Genesis Communications Network […]
The post The Liberty Beat Partners with Genesis Communications Network appeared first on Bitcoin Magazine.
Posted on 29 September 2014 | 3:10 pm
The word “crypto” is Greek in origin (from kryptós) and means “hidden” or “secret.” Cryptozoology is the study of hidden and rare animals, cryptography is the study of hidden or secret writings, etc. In contemporary times, the use of crypto as a prefix usually designates a secret identification. While few today would declare their allegiance to the ideals of fascism, it is not uncommon to hear people referred to as “crypto-”fascists. The addition of crypto as a prefix in this case indicates a belief that someone is 1) secretly a fascist or 2) they act in ways to surreptitiously bring about fascism. The double entrendre of “crypto as a prefix” can help us understand the role of crypto in the […]
The post Crypto-Anarchists and Cryptoanarchists appeared first on Bitcoin Magazine.
Posted on 29 September 2014 | 12:36 pm
The FTC has filed new documents in its case against Butterfly Labs, accusing it of mining using customer-purchased rigs.
Posted on 29 September 2014 | 11:03 am
Arthur C. Clarke’s third law famously states: “Any sufficiently advanced technology is indistinguishable from magic.” What Bitcoin makes possible can at first seem almost magical, or just impossible (and therefore most likely fraudulent or otherwise doomed). The following describes the basic technical elements behind Bitcoin and how it brings them together in new ways to make seeming magic possible in the real world. Clarke’s second law states: “The only way of discovering the limits of the possible is to venture a little way past them into the impossible.” And this, we can see in retrospect, is basically what Bitcoin creator Satoshi Nakamoto did. Few at the time, even among top experts in relevant fields, thought it could really ever work. […]
The post Bitcoin: Magic, Fraud, or Sufficiently Advanced Technology?: Part I appeared first on Bitcoin Magazine.
Posted on 29 September 2014 | 10:30 am
Alpha Technology has confirmed that shipments of its Viper scrypt miner will not ship in September as planned.
Posted on 29 September 2014 | 8:09 am
Circle's digital money platform is now publicly available across the world with support for seven languages.
Posted on 29 September 2014 | 6:01 am
CoinDesk's full interview with FinCEN Director Jennifer Shasky Calvery on bitcoin, dark markets and more.
Posted on 28 September 2014 | 11:56 am
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Posted on 23 September 2014 | 9:52 pm
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