Posts Tagged ‘ bitcoin ’
It sends a chill down your spine when you hear the news that somebody you had just met at a conference a few months ago, a like minded individual representing a global movement you are in complete alignment with, was just arrested on federal money laundering charges,
The crime? Charlie Shrem, CEO of Bitinstant and Vice Chairman of the Bitcoin Foundation allegedly sold bitcoins to Silk Road users and then they used them to buy illicit drugs.…
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Is Bitcoin a safe store of value?
I just posted this in the thread Do you think Bitcoin is a safe store of value? on the Corner of Berkshire and Fairfax (some of the smartest value investors you’ve never heard of frequent that board, it’s one of my favorite investing boards on the internet) and it occurred to me that it may have come across somewhat vitriolic and rant-ish for such a serious forum and it probably was more suited to a stand-alone post here:…
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Imminent Death of Bitcoin Predicted
I have noticed Business Insider’s Henry Blodget’s typically frantic sensationalism which trumpets “news” such as his “Bitcoin could go to $1 million”, where he goes on to attempt to take down the currency as something that is in a bubble and will eventually become worthless:
… Read More“But I was getting at a more profound point.
I’ll do my best to live tweet from CryptoCurrencyCon in Atlanta. Right now Jeffery Tucker is giving opening remarks.
Follow me on twitter at @WealthdotNet I’ll be using hashtag #cryptocurrencycon
Just before the conference started I was given a real 10 Trillion Dollar Zimbabwe banknote which has been cryptographically grafted to a new crypto currency called ZimCoin – which is pretty cool if you ask me.…
Read MoreThis is the third article in my introductory exploration of Bitcoin here on Wealth.net. Part 1 and Part 2 were written in the wake of the big Bitcrash and it is interesting to observe that rather than “going to zero” as many prognosticators predicted, Bitcoin seems to have (kind of) stabilized somewhere north of 1 BTC => 100 USD
I said at the end of Part 2 that “Bitcoin is different” and today we’re going to talk about why.…
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