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Venezuelans Turn To Bitcoins To Bypass Socialist Currency Controls
Tech-savvy Venezuelans looking to bypass dysfunctional economic controls are turning to the bitcoin virtual currency to obtain dollars, make Internet purchases -- and launch a little subversion. Two New York-based Venezuelan brothers hope this week to start trading on the first bitcoin exchange in the socialist-run country, which already has at least several hundred bitcoin enthusiasts. While President Nicolas Maduro makes frequent tirades against black market traders, whom he sees as part of...
From: Wochit Business
Related topics : digital virtual currency and bitcoins / bitcoin trading currency market / bitcoin digital currency exchange
Beyond Silk Road: Potential Risks, Threats, and Promises of Virtual Currencies
Senate Committee Hearing on Bitcoin - November 18, 2013
From: Carlos Winzlowe
Related topics : virtual currency bitcoin
Bitcoin and Beyond: The Case for Digital Currencies - John Clippinger
Session 3 : Virtual Currencies
Opportunities or threats for the shopping experience?
Bitcoin and Beyond: The Case for Digital Currencies - John Clippinger, Executive Director & Co-Founder ID3, Research Scientist, MIT
From: ICT Spring Europe
Related topics : digital virtual currency and bitcoins / virtual currency bitcoin
EU banking regulator warns of virtual currency risks
The European Union banking regulator has warned of the potential risk of using virtual currency Bitcoin, which consists of program code and is not regulated by any country.
The European Banking Authority is concerned that the currency does not offer protection to its consumers or mechanism for compensation. The regulator emphasized that digital currencies are facing sharp fluctuations in exchange rates, and that the Bitcoin market price has varied between less than $300 to over $1000 per unit.
From: Global Report News
Related topics : virtual currency exchange bitcoin / digital virtual currency and bitcoins / bitcoin price exchange rate
Will Mt. Gox's missing money prompt regulation on Bitcoin?
Mt. Gox, an early player in the virtual currency Bitcoins, became a major online exchange until the disappearance of a significant sum and the subsequent bankruptcy of the company. Kashmir Hill of Forbes joins Hari Sreenivasan to discuss the potential for tracking the missing money and the repercussions of collapse for its users and other rising cryptocurrencies.
From: PBS NewsHour
Related topics : virtual currency exchange bitcoin / online currency exchange bitcoin / bitcoins online currency
Bitcoin futures soar amid frenzy over virtual currency
Wall Street got its first taste of bitcoin on Monday, with the price of the first-ever futures contract for the digital currency jumping 20 percent. It's a step forward for the bitcoin, which has soared this year despite concerns that the surge of investor interest has transformed it from a new-age currency into just the latest speculative bubble.
From: WXYZ-TV Detroit | Channel 7
Related topics : digital virtual currency and bitcoins / bitcoin currency of the future / bitcoin digital currency price / virtual currency bitcoin
Virtual Virtue: Bitcoin crypto currency makes name in charities
The controversial digital currency Bitcoin has scored a new high - its trading price has almost doubled since October. This despite what some users and many analysts believe to be considerable cyber safety concerns. Its use is still relatively small - compared to other currencies - but it can pay for a range of products and services. And boosting its popularity - Bitcoins are held in online wallets and traded without control by any central authority. And the cyber currency's been gaining new...
From: RT
Related topics : digital virtual currency and bitcoins / bitcoin digital currency price / bitcoin new currency / bitcoin currency trading / virtual currency bitcoin
Seller's Unusual Asking Price for Home
A man lists his home for virtual currency.
Would you sell your house for virtual currency?
One man, Taylor More, has decided to list his home for Bitcoins.
It's a two-bedroom bunglaw in Alberta Canada. List price is the equivalent of $395,000 in Bitcoins.
They are an alternative form of currency, not issued by a traditional bank or financial institution.
The currency is awarded when people successfully use a computer in a global network to complete challenges such as a complicated math...
From: GeoBeats News
Related topics : virtual currency price list / virtual currency exchange bitcoin
Ethereum A Virtual Currency
Ethereum A Virtual Currency
more ethereum mining http://tinyurl.com/u754sielae Special Code:: NFK875
crypto-currency bitcoin is definitely a worldwide currency that utilizes an open ledger system to record trades being sent in one person to another. All of this happens without any central financial institution in between and it is not handled through government, controlling system, individual company, or person.
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From: Georgette Lott
Related topics : bitcoin mining hardware comparison asic / bitcoin virtual currency mining
Biggest bubble in history: What you need to know about bitcoin
Virtual currency bitcoin has officially become the largest bubble in history, eclipsing the notorious "Tulip Mania," the speculative bubble that shook the Dutch economy before it collapsed in 1637. Learn all you need to know about bitcoin.
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From: RT
Related topics : bitcoin currency history / virtual currency bitcoin / bitcoin official currency