Iliya Assy

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The Bitcoin Jet, Or, How Does Cryptocurrency Go Mainstream?

DIGITAL CURRENCIES ACCEPTED HERE proclaims the plaque at my local froyo place, emblazoned with the Bitcoin logo: but when I ask how I would pay with Bitcoin, the Australian woman behind the counter shrugs and says, “I think we have a tablet somewhere with instructions on the back? …Nobody’s ever …

Bitcoin

Mumford & Sons - Hopeless Wanderer

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Nymi Unveils Heartwave-Sensing Wristband To Keep Your Bitcoin Safe

Bioynym, the company behind device-unlocking wristband Nymi, has announced they’re releasing a Bitcoin wallet. Nymi’s backers are betting it’ll be the first step in people using the wristband in place of keys and passwords.<p>Embedded within the Nymi wristband is an electrocardiogram sensor which …

Bitcoin investing: I made $152 by speculating in digital currency. Take that, suckers.

Two weeks ago, I was racked with indecision, my life at a crossroads: Gulfstream or Learjet? Bugatti Veyron or that new Tesla Model S? Should I …

Big VC Says Bitcoin Is 'Gold 2.0. It's a Huge, Huge, Huge Deal'

Think the recent collapse in Bitcoin’s value was the end of the experimental currency’s, um, currency? Not even close, says Chamath Palihapitiya, the longtime Facebook executive who now runs The Social + Capital Partnership.<p>Likening Bitcoin to the “red pill” from the movie “The Matrix,” which …

Here's why Bitcoin is the future of money

commentary Bitcoin may not last, but crypto-currency is here to stay -- it's only a matter of time before a government replaces paper with more traceable, secure digital money. But is that a good thing?<p>The interesting thing about Bitcoin isn't what it is today. What's interesting is that this …

Bitcoin

Bitcoin: CoinLab files $75M suit vs. Mt. Gox exchange, alleges breach of contract

A partnership between Seattle tech company CoinLab and Mt. Gox, the largest Bitcoin exchange, promised to bring better stability, liquidity and …

Will Silk Road kill Bitcoin for good? [infographic]

While you may have heard of the digital currency Bitcoin, what you may or may not know is how its being used to buy contraband on a site called Silk …

Let's Cut Through the Bitcoin Hype: A Hacker-Entrepreneur's Take

Bitcoin. Everybody’s talking about it. What’s true, and what’s hype? Perhaps the only thing that’s clear about Bitcoin is that it’s not going away …

Bitcoin On The PayPal Network

PayPal has recently entertained the notion of accepting and clearing the bitcoin unit on its pervasive platform. It’s a bit like the prince joining the revolution. Is this a good thing?<p>Naturally, some bitcoin businesses will see this as PayPal moving in to usurp bitcoin’s popularity and momentum in …

PayPal considers accepting BitCoin payments

PayPal CEO John Donahoe is considering ways of implementing BitCoins into PayPal’s digital transaction network. He says that he’s watching Bitcoins …

Living On Bitcoin For A Week: Bitcoiners Are The New Vegans

<b>Day 4.</b><p>On Friday, I skip breakfast again; it’s an unavoidable part of the Bitcoin diet as there are no places that serve food before 10 a.m. accepting my currency. I lose my appetite anyway when I check the value of Bitcoin; it has plummeted to $90 over night. It has been on a steady decline since I …

Living On Bitcoin For A Week: Bitcoin Is The Internet Applied To Money (And I Survived It)

<b>Day 7.</b><p>Monday is the last day of Bitcoin living and it’s off to an exhausting start. My first night in the Bitcoin-paid hostel was not especially restful due to noise filtering in from Mission Street and my body’s usual skepticism about an unfamiliar bed. I have plans to meet with security …

Artists Target Comic Sexism By Tarting Up A Male Icon

In the poster for <i>The Avengers</i>, inescapable this past spring, Scarlett Johansson’s Black Widow was the only superhero whose assets were displayed as perhaps they would be on the poster for a porno parody version of the movie. Everyone else got to look like ass-kicking saviors ready for battle; she …

Wary of Bitcoin? A guide to some other cryptocurrencies | Ars Technica

You can fill your virtual pockets with Litecoin, PPCoin, or Freicoin.<p>It might have passed you by, but an essential part of the Internet's …

Watch Wired Get Rich Quick With Our Sleek Bitcoin Miner

Author: Robert McMillan. Robert McMillan Business<p>Date of Publication: 05.10.13.<p>Time of Publication: 6:30 am. 6:30 am<p>We’ve set up own little digital …

Bitcoin buzz stays high — even after bubble

Advertisement<p>16 Comments<p>Bitcoin lost more than half its value last month but there’s more interest in the cyber-currency than ever. While Bitcoin …

Company Spends Real Money — $350,000 Worth — On Bitcoin Startups

Bitcoin took another step toward the mainstream Tuesday with the announcement of at least $350,000 available for Bitcoin-focused startups …

Here Comes The Bitcoin Seed Fund

Interest among entrepreneurs and startups in Bitcoin, the mathematically-based digital currency, is steadily growing.<p>In another sign of this gold Bitcoin rush, Boost VC is launching a fund of at least $300,000, called the Boost Bitcoin Fund to invest in Bitcoin startups.<p>The fund will invest in all …

Homeland Security cuts off Dwolla bitcoin transfers

Immigration and Customs Enforcement confirms an "ongoing investigation" that led to Dwolla cutting off bitcoin transfers to Mt. Gox.<p>The U.S. Department of Homeland Security confirmed it has initiated legal action that prompted the Dwolla payment service to stop processing bitcoin …

Homeland Security

James Altucher: ‘First Book Ever To Be for Sale ONLY on Bitcoin’

Author <b>James Altucher</b> is letting his fans buy his book with Bitcoin–weeks before you can buy the book with more traditional currencies. According to …

Bitcoin Comes To SWIFT

Hosted at the palatial and temple-like SWIFT headquarters, this year’s TransConstellation Alumni conference featured a mix of panel representatives from both “new” payment approaches and “established” payment players. I was invited to represent the <i>new</i> approach in an Oxford-style debate which I …

Bitcoin supporters crave coders to cope with demand

Bitcoin is not going away, the digital currency's developers say, and they're craving more technically savvy people to support its use.<p>"Our bottleneck is not new code, it's code review and testing," said Gavin Andresen, chief scientist at the Bitcoin Foundation, which provides most of the core back …

Bitcoin developer chats about regulation, open source, and the elusive Satoshi Nakamoto

With Bitcoin all the rage and startups popping up left and right, it's hard to know who's an expert in the virtual currency and who just has an opinion. Most people would put Jeff Garzik in the former camp.<p>A Bitcoin core developer for three years, he left his job at Red Hat on Friday to start work …

Winklevoss twins on Bitcoin: Time to work with the Feds

Cameron and Tyler Winklevoss, who parlayed Facebook cash into a multimillion dollar Bitcoin stake, say making money means working with the Feds. Meanwhile, the Bitcoin Foundation is about to hire its first D.C. lobbyist.<p>SAN JOSE -- The Winklevoss twins, who transformed a lucrative Facebook payout …

Cryptocurrency

Bitcoin finds investors, geeks, politics at Silicon Valley event

Bitcoin is growing up.<p>The virtual currency that caught the public's attention last month when its value zoomed briefly past $200 kicked off its first Silicon Valley conference Friday evening and shows no sign of losing momentum.<p>The event is small by Silicon Valley standards, with about 1000 …

8 Questions for a Bitcoin Millionaire | Inc.com

It's been described as both "an online form of money laundering" and a brilliant "anarchist's brainchild." The developer who goes by the pseudonym Satoshi Nakamoto called Bitcoin simply a peer-to-peer electronic cash system back in 2008.<p>However you think of it, one thing is clear: Bitcoin is one of …

Bitcoin

The Great Bitcoin Debate

In my last post, "Mining for Digital Gold," I gave a brief primer on the concept of digital mining and Bitcoins, and talked about the quickly growing digital community of Bitcoin entrepreneurs who are building supercomputers to mine Bitcoin information from around the web and make a profit from …

Bitcoin

Why won’t Bitcoin die?

I attended the first Bitcoin World Conference and Expo, held in a second-floor meeting room in a midtown Manhattan hotel, on a Saturday in August 2011. The virtual currency was powering an alternative economy worth around $81 million USD. Roughly 75 attendees, mostly long-haired programmers and …