Patrick (Go2podcast)

76 Flips | 9 Magazines | 3 Likes | 1 Following | 6 Followers | @patrick_go2 | http://go2.buzzsprout.com/

WEAPONIZATION OF FINANCE: Russia is turning to the Chinese yuan

"Two state energy companies, gas producer Gazprom and its oil arm Gazprom Neft, said they would use more Chinese currency in trade, while Russia's largest bank, Sberbank, has also promoted the use of the yuan," The Moscow Times' Peter Hobson writes.<p>"The Russian Central Bank said it was working to …

Will Bitcoin Finally Bring Down The House Of Medici?

Dan Morehead Contributor<p>Dan Morehead is CEO of Pantera Capital.<p>In the 14th century, the Medici family used the power of its newly invented, double-entry accounting system to build a cross-border banking empire that banks still use today. Now more than 600 years later, cross-border payments total …

Rakuten Starts Accepting Bitcoin

TOKYO—Japanese e-commerce giant Rakuten Inc. has started accepting bitcoin for purchases in the U.S., adding momentum to the rapid growth of cryptocurrencies as a form of payment.<p>Customers using the company’s virtual shopping mall in the U.S. site can already buy items using the Internet-based …

eCommerce

Exclusive: IBM looking at adopting bitcoin technology for major currencies

NEW YORK (Reuters) - International Business Machines Corp is considering adopting the underlying technology behind bitcoin, known as the “blockchain,” to create a digital cash and payment system for major currencies, according to a person familiar with the matter.<p>Bitcoin (virtual currency) coins …

Digital Currency

Ex-J.P. Morgan CDS Pioneer Blythe Masters To Head Bitcoin-Related Startup

Wall Street veteran will become CEO of Digital Asset Holdings, which formally launches Wednesday<p>Former J.P. Morgan Chase & Co. executive Blythe Masters has become one of the most high-profile Wall Street bankers to join the burgeoning digital-currency sector, taking on the leadership of a new …

Wall Street

The five stages of bitcoin understanding

Sentiments on bitcoin, the digital currency, vary wildly at the moment. From reporters to venture capitalists to bankers to the general public, …

BitBeat: For Bitcoin, Some Good Press, Finally

This is not your father’s “Got Milk” ad campaign. Bitcoin, the six-year-old fledgling cryptocurrency with an image problem, will be getting a makeover. Unless you’re familiar with social-media stars like Julia Kelly, Jorden Keith, and Acacia Brinley, though, it’s going to be an ad campaign unlike …

Dow Jones

As bitcoin price slumps, investor interest holds steady

Bitcoin has had a rough go of it recently.<p>In a 48-hour period in January, the digital currency and payment system declined 34 percent in value. It rebounded some — a bitcoin was worth $235 at the close of last week according to CoinDesk — but still trades at a tiny fraction of its $1,200 peak in …

Bitcoin

Can a Bitcoin-style virtual currency solve the Greek financial crisis?

Introducing a parallel currency would create money and delay Greece’s inevitable financial default. But the strategy will only work if investors believe the country won’t collapse<p>There’s almost no upside to a eurocrisis. You become part of a rolling maul of politicians, journalists and economists …

Eurozone Crisis

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

Bitcoin Crime Wave Breaks Out in NYC

NYC firefighter kidnapped, robbed and stabbed by crypto thieves<p>Bitcoin, the technology that’s meant to revolutionize the way we think of money, is …

Influential Payments Startup Stripe Now Accepts Bitcoin

Stripe, the intriguing startup that helps drive payments on everything from Facebook to Lyft, is now handling bitcoin.<p>The company made the …

Is Bitcoin Stalling? - MIT Technology Review

Bitcoin might someday become a currency that people commonly use to buy retail goods and services, but it has hit a snag. Though the number of …

New York Councilman: Bitcoin Could Save City Millions

Last Thursday New York City councilman Mark Levine introduced a bill petitioning for the city to accept bitcoin as payment for fines and fees.<p>Levine …

New York City

BitLicense 2.0: What The Latest Revisions Mean for Bitcoin Businesses

<i>Marco Santori is a blockchain and bitcoin specialist who leads the FinTech practice at law firm Cooley LLP.</i><p><i>He is also the former chairman of the</i> …

The thought that ISIL might be using bitcoin is keeping US regulators up at night

Bitcoin fans may not enjoy the government’s attention, but they should be flattered: It means the technology they are developing is powerful stuff.<p>At a recent forum that brought together government officials and bitcoin entrepreneurs to discuss the future of the cryptocurrency, paeans to the …

Measles Is Just The Beginning – Matter – Medium

We were smart enough to eradicate measles, but arrogant enough to invite it back. Welcome to a four-part series on the precise ways we’re fucking up …

Bitcoin's rough start to the year may get worse

Bitcoin transactions could more than halve this year, Juniper Research predicted, as a lack of regulation and links with illegal activity hinder the …

Investors fear HK$3b losses in closure of bitcoin trading company

The sudden closure of a Hong Kong-based bitcoin trading company may have left as many as 3,000 local investors with combined losses of HK$3 …

Millennials, Beware Of The Bitcoin Bite

With the recent guilty verdict of Ross Ulbricht, creator of the “Black Market” website Silk Road, Bitcoin has once again made the news. So, what is Bitcoin, you ask? As a Baby Boomer, I come from an age when the dollar was pegged to a specific value in gold, unlike the fiat currency we have today. …

Inside the Chinese Bitcoin Mine That's Grossing $1.5M a Month

Watch Motherboard's rare look inside one of China's biggest bitcoin factories.<p>Last October, Motherboard gained access to a massive and secretive makeshift bitcoin mine housed in a repurposed factory in the Liaoning Province of rural northeast China.<p>This is the infrastructure that keeps the digital …

VICE Tours a Bitcoin Mine in China

A detailed exploration of a bitcoin mine in Dalian, a major city in the north-east of mainland China, has been published by VICE's technology title</i> …

The Race to Replace Bitcoin

An epic battle between two bitcoin 2.0 contenders grips the crypto world<p>There’s an epic battle for the future of money, and the outcome is murky. It …

Bitcoin fallacy led to Silk Road founder's conviction

Despite all the hype, Bitcoin isn't anonymous. It's electronic cash. And like anything digital, it leaves a trail of bits.<p>The latest example? The guilty verdict in the trial of Ross Ulbricht, the kingpin behind the online drug bazaar Silk Road.<p>His attorney took a stunningly odd approach to his …

Bitcoin

D.M. startup aims to help you use Bitcoin, cryptocurrency

You can't hold it, fold it or find it hidden in your couch cushions.<p>But virtual money such as Bitcoin and other cryptocurriences is being used more …