Bitcoin Boom? US fears digital currency may hit dollar demand

The US is becoming increasingly concerned over virtual currencies, launching broad investigations into Bitcoin and the likes. The online currency has won official recognition with a US federal judge ruling it is real money. A Texas man, being tried for laundering billions of dollars using the Bitcoin system, challenged the court by saying bitcoins were virtual and couldn't be the basis for a fraud charge. He failed. RT's Peter Oliver went to meet those who have no doubt bitcoin has real...

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From: RT

Related topics : virtual currency like bitcoin / digital virtual currency and bitcoins / bitcoins online currency

Ethereum, A Virtual Currency, Rivals Bitcoin: The Bottom Line | CNBC

Rival Ethereum attracts both finance and technology giants after soaring more than 1,000% percent over the past three months.

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From: CNBC

Related topics : virtual currency bitcoin

Zee News :Japan law recognizes Bitcoin as Method of Payment

Japanese cabinet passed a set of bills recognizing virtual currencies like bitcoin to contain asset-like-values that can be used to make payments and be transferred digitally. Fundamentally, bitcoin and digital currencies are to be officially recognized alongside fiat currencies.

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From: Pocket Bits

Related topics : digital currency like bitcoin / bitcoin official currency in japan / bitcoin payment method

World's First Bitcoin ATM

World's First Bitcoin ATM in Cyprus. Virtual currencies are a quickly evolving marketplace. Right now, Bitcoin investors can trade in their coins for cash through a number of sites like Coinbase and BitInstant that work directly with banks to facilitate transfers. Some vendors are starting to accept the coins too, including the blog hosting site WordPress and the online community Reddit.

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From: Bit Coin

Related topics : virtual bitcoin atm / virtual currency like bitcoin

A Banker's Guide to Virtual Currency

Bitcoin emerged in 2013 to fanfare from the tech community, speculation from investors, and suspicion from the world's regulators.

So what is it, and what is all the fuss about?

This webinar will cover:

- Bitcoin Basics - What it is and how it works

- Common Misconceptions - Criminal activity, anonymity and hackers

- The Ecosystem - Types of bitcoin companies banks are likely to encounter

- Using Bitcoin - Merchant adoption, and the advantages and disadvantages of using bitcoin

- Money...

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From: BankerTraining

Related topics : virtual currency like bitcoin / bitcoin money laundering / bitcoin bank

Bitcoin Goes Legit, but What's the Catch?

On Monday, the US Senate held its first ever hearing on Bitcoin, the virtual currency with a gross value of billions and an outlaw reputation.

Full CSPAN video here: http://c-spanvideo.org/program/DigitalCu

Despite links to black markets like the Silk Road, Bitcoin isn't itself illegal - but financial regulators say that virtual currency operators must play by the rules. So what are those rules, and will Bitcoin survive the changes? Finally, should Bitcoin users be entitled to privacy in...

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From: What's the Big Deal?

Related topics : virtual currency like bitcoin / bitcoins online currency

FOX Business - Trace Mayer On Bitcoin Virtual Currency Investment

On April 15, 2013 Trace Mayer was invited onto FOX Business for this five minute interview to discuss the investment potential of the decentralized digital currency Bitcoin.

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From: Bitcoin Knowledge Podcast

Related topics : digital virtual currency and bitcoins / virtual currency bitcoin

Bitcoin Trading and Taxes - Set 40% aside and don't be stupid

Bitcoin Trading and Taxes - Set 40% aside and don't be stupid

Crypto trader heads to Fed Prison - Randall Lord interview

https://www.youtube.com/watch?v=9pX7IQ6UOVM

IRS Virtual Currency Guidance : Virtual Currency Is Treated as Property for U.S. Federal Tax Purposes; General Rules for Property Transactions Apply

https://www.irs.gov/uac/newsroom/irs-virtual-currency-guidance

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From: rob fraser

Related topics : virtual currency bitcoin / virtual currency

Everything in 2020 will be virtual reality - Bitcoin Will Scale!

Virtual digital currency might change the way consumers and financial institutions do business.

Bitcoins are part of the first generation of crypto -currencies, which are currencies based on cryptography instead of on a central authority.

Buy Hardware wallet by bitcoin: http://www.bitcoinlommebok.no

(Ledger Nano S with free shipment worldwide by using https://gourl.io/wa21d)

Get $10 worth of free Bitcoin when you set up your Coinbase wallet with a $100 or more purchase click here to sign...

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From: Bitcoin Norge

Related topics : digital virtual currency and bitcoins / bitcoin virtual currency mining / get a free bitcoin wallet / ways to get bitcoins free / buy bitcoins with debit card

BitCoin: Everything you need to know about Virtual Currency.

Mr. Olaf Carlson-Wee, Head of Risk and First Employee of Coinbase. Mr. Carlson-Wee discusses the Bitcoin and an entire host of issues related to virtual currencies in the modern world. Q&A Begins at: 01'00'09".

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From: Ludwig Chincarini

Related topics : virtual currency bitcoin / virtual world currency