Andre

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For Chris Dixon the next big thing might be bitcoin

At this month’s PandoMonthly in New York, Dixon, a partner at Andreessen-Horowitz, talked about the need for a diverse investment portfolio, and part …

ALLEGED BITCOIN INVENTOR: Please Stop Emailing Me, I Didn't Invent Bitcoin

In 2011, New Yorker contributor Joshua Davis went on the hunt for Bitcoin's inventor.<p>He came up empty handed.<p>But he narrowed it down to several candidates whose interests and backgrounds made them pretty strong suspects.<p>One of them was an Irish computer science student named Michael Clear, who had …

To The Surprise Of No One, Bitcoin Is Insanely Volatile

As we’ve mentioned previously, Bitcoin suddenly became very appealing recently to Spaniards convinced they were next on the European Union’s financial chopping block. That was enough to drive the cryptocurrency up to triple figures. Anybody who pays attention to macroeconomics, or just the overall …

Bitcoin gaining wider acceptance

Once considered a nutty idea favored by computer geeks and anti-government types, bitcoin is gaining traction as a legitimate way to buy and sell goods.<p>CINCINNATI -- Jerry Felix says it probably was a mistake to announce his company's embrace of bitcoin so close to April 1.<p>Who, after all, would …

Now is the time to gamble on bitcoin

If you’ve got money you can afford to lose and a penchant for gambling, there’s no better time than now to plow that cash into bitcoin, the alternative currency that plunged in value over the past two days after hitting astronomical highs.<p>Let me be clear: I am not saying that, in the long run, …

Why Bitcoin crashed, and how Ripple might avoid the same fate

To the surprise of very few people, Bitcoin has crashed. That’s not to say it’s a goner, but even those who bought into it just before the craziness …

'Zerocoin' Add-on For Bitcoin Could Make It Truly Anonymous And Untraceable

Many users of the crypto-currency Bitcoin see it as the first fully anonymous and untraceable currency. It’s not. But with the addition of a clever piece of code called Zerocoin, it could still fulfill that dream of truly private payments.<p>Zerocoin, the work of a group of cryptographers at John …

Bringing Derivatives To Bitcoin Should Help Stabilise The Price

This is something that all financial economists know and something that just about everyone else disagrees with them on. Having derivatives in a market helps to stabilise prices in that market:<p>Some say that the recent rise of more advanced bitcoin-related financial services, including hedge funds, …

Of Course The Winklevii Own 1% Of All The Bitcoins

You might know the Winklevoss twins as two bros who claim to have, like, totally been ripped off by Mark Zuckerberg for Facebook. Or those two guys the former president of Harvard referred to as “pompous as$holes.” Once Zucks gave them their shut-up-and-go-away money, they became venture …

These Startups Are Betting Everything on Bitcoin

Charlie Shrem knew it would be difficult to convince investors to fund his startup, but he never expected that he'd have to beg on camera to raise …

Bitcoin Doesn't Have a Deflation Problem

A number of smart people have made arguments like this one from Matt Yglesias:<p>If over time more and more people want to use Bitcoins to conduct transactions of various kinds, then the price of bitcoins is going to have to rise and rise. The problem is that if the price of a bitcoin is on a steady …

#TRUTH: Simplicity always wins in the #startup world. Pass it on. http://t.co/d24mlui0n4

Why Passion Is Not Enough...You Need This, Too

I just read a wonderful post here on Forbes: Dan Schwabel’s interview of Chris Guillebeau. They talk about Chris’ new book, <b>The $100 Start-Up</b>, and in the course of the interview, Chris mentions that simply loving something isn’t enough to establish a successful business around that thing. Then he …

Yahoo sale makes UK schoolboy millionaire

A British schoolboy's hobby has turned him into one of the youngest self-made multi-millionaires in the world.<p>Yahoo! announced on Monday that Nick D'Aloisio, 17, had sold his news-condensing mobile app Summly to the US tech giant for an undisclosed sum, reported to be £20m ($30m).<p><b>"It was</b> …