bitcoin

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Fed Chair Remarks Further Distinguish Between Cryptocurrency and Digital Dollars

Digital dollars have become very popular among people discussing currency affairs and issues as of late. These dollars are unique digital representations of liabilities as listed in dollars. Such dollars can entail Federal Reserve Notes, bank deposits, and many other liabilities. Many people might figure that digital dollars and cryptocurrencies are one in the same. …

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Here Comes CoinSummit!

Today marks the start of CoinSummit San Francisco, a two-day event ”connecting virtual currency entrepreneurs, angel and VC investors, hedge fund professionals and others who are looking to learn and network in the virtual currency industry.” CoinSummit will take place on March 25-26 2014 at the Yerba Buena Center for the Arts in San Francisco.  Many in …

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The Doom of Mt. Gox

February was the month that the all seeing eye of the media turned its lidless gaze upon Bitcoin and the craggy peaks of Mt. Gox, the Japanese Bitcoin exchange site. Almost half a billion dollars went missing from Mt. Gox, the exchange was rocked, Bitcoin was scorched, and the site went bankrupt. The Official Merchant Services …

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