Is Bitcoin a viable currency, a speculative investment, or both? If the trends of the last few days continue, the answer might someday be “none of the above.”
More than 250 retailers are banding together in Bitcoin Black Friday so that you can buy your Christmas tree, holiday flights, authentic Moroccan rugs, and booze, or pay for your next hot date, all with privacy and safety … in Bitcoin.
Editor’s Pick Want a coffee? Now you can pay in Bitcoin.
The world’s first Bitcoin ATM is opening up for business this morning at a coffee shop in Vancouver, Canada. You can now buy, sell, and trade Bitcoin at a real, physical machine, depositing cash and checks for Bitcoin.
Germany may be one of the first countries to give Bitcoin an official legal and tax status, but don’t try paying your taxes with it just yet.
OpenCoin is a startup building a simple, global, open currency system. Today, the company announced closing an angel round of funding to expand the Ripple protocol, a virtual currency and payments system that allows “anyone in the world to trade any amount of money in any currency.”
In many hacking cases, there are unexpected parties who are affected. In the case of Mitt Romney’s tax returns being held ransom for $1 million Bitcoins, the hacker probably didn’t expect to improve the market for Bitcoins overall, but that’s exactly what happened.
Not satisfied with eliminating digital piracy from the world, two U.S. senators want to crack down on Bitcoin, an open-source digital currency.
Currensee, a social network for foreign exchange traders, today announced it has secured a third round of funding for $4 million. The new funding will be used to expand the sales team in Europe and develop more management tools as well as make investing easier.