All Entries in the "Bitcoin" Category
Bitcoin arrives on the property scene
By REBECCA THISTLETON, Financial Review It hasn’t moved in next door, but it’s checking out the neighbourhood: online currency Bitcoin has arrived on the property market scene. In Melbourne, buyer’s agent Paul Osborne has started accepting payments in the currency. “I see potential for Bitcoins to be used in house sales, but only when it [...]
The Bitcoin Money Myth
by Frank Shostak, Mises.org, April 18, 2013 Many economists and financial commentators believe that in the unregulated market of the internet economy, new forms of money can be created that bypass central-bank and government supervision. The latest development is the emergence of a new electronic means of exchange, Bitcoin (BTC). Bitcoin was launched on January 3, [...]
Need Bitcoins? This ATM takes dollars and funds your account
New Hampshire entrepreneurs have created a dollar-converting anonymous Bitcoin ATM, which they hope to sell to bars, restaurants, and other retail locations nationwide. by Declan McCullagh February 23, 2013 NASHUA, N.H. — Zach Harvey has an ambitious plan to accelerate adoption of the Internet’s favorite alternative currency: installing in thousands of bars, restaurants, and grocery stores ATMs [...]
What is Bitcoin?
Listen to the story on NPRs Morning Edition The U.S. has the dollar. Japan has the yen. Now some people are trying to invent a new currency that’s not tied to any country or government. It’s called bitcoin. Bitcoin is a lot like cash — for the online universe. It doesn’t actually exist in the physical [...]
