Blog Archives

Bitcoin is not a threat, it is a boon

The Financial Times has published an astonishingly blinkered and short-sighted article, where Bitcoin is mischaracterised as a threat, instead of the greatest business opportunity of the century. The fact of the matter is, and I have said this before, the country that

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Posted in Bitcoin, Economics, Fear-mongering, Money, Politricks, TC TI KB

BTC-DPD: Bitcoin Distributed Price Discovery

As you may have seen during the last seventy two hours, problems at a single exchange, the popular MTGOX, have unleashed mass confusion amongst the computer illiterate Bitcoin watchers, as they falsely claim that people have “lost money” or that

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Posted in Bitcoin, Economics, Fear-mongering, Software, Wishware

FinCEN sounds death knell for US based Bitcoin businesses

It seems that FinCEN has finally decided to opine on Bitcoin, without naming it specifically. This US pronouncement spells death to all “compliant” US Bitcoin companies that choose to remain based in the USA. There is one thing you absolutely

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Posted in Bitcoin, Economics, Money

Thoughts On The Bitcoin Debacle

By Brandon Smith I was in the midst of the Save America Convention in Tampa, Florida when I heard, first, that Libya was under bombardment by the UN (led by U.S. forces), and, that Satoshi Nakamura of Bitcoin had been

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Posted in Bitcoin, Substitution

Bitcoin Transaction volumes Increase 40% in Half a Year

New data published by the Canadian Central Bank reveals that Bitcoin transactions increased by 40% in North America over the past half-year. During peak hours Bitcoin is credited for more than a third of all online transactions, while Credit Card

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Posted in Bitcoin, Substitution

Bitcoin as troll killer

For years, Slashdot has used its moderation system to filter out the trolls. The “mods” are given “mod points” intermittently in a feedback mediated system that keeps the site clean. This does not stop people from making troll posts, it

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Posted in Bitcoin, Economics

Bitcoin and the generational divide

This video is a visual representation of the difference between the Austrian School Bitcoin detractors and the people who understand what Bitcoin is, what it can do, and how it is the biggest thing since email. On the right, you

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Posted in Bitcoin, Economics, Money, Someone Clever Said, The Facts