China Cracks Down on Bitcoin, is Crypto Sunk?

As of Wednesday, December 18th, it seems the Chinese government has taken the first steps on a crackdown against cryptocurrency. The Chinese government has officially ordered the countries payment processors to stop transactions involving the countries Bitcoin exchanges. Although this doesn’t stop current Bitcoin holders from trading and even selling the coins they currently have …

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Bitcoin and Dispensaries: The Cannabis Connection

The South Bay Apothecary Collective medicinal cannabis retailer in San Jose closed this year. SBAC had been operating since 2009 (like Bitcoin), and since at least April 2013 it had accepted Bitcoin as a method of payment. A perfect storm of proximity to the Emerald Triangle region, California’s relaxed stance on cannabis both medical and …

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Want to Buy a New Lamborghini? Now You Can Use Bitcoin

It’s been a good month for automotive related Bitcoin stories, so far. Hot on the heels of the news that a Tesla S charging station is accepting Bitcoin for payments in Miami, Florida, USA, we are now treated to news from Lamborghini of Newport Beach, California, USA. This dealership, the only factory authorized Lamborghini dealership …

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Ebulliophobia, We’re All Drowning In Bubbles

It seems like financial analysts, and reporters have gotten pretty comfortable rewriting the same articles about the Bitcoin bubbles inevitable burst. To be honest from their standpoint cynicism makes sense, Bitcoin is new and confusing; embedded into the most esoteric reaches of programming and the web, how could it be anything but a bubble? After …

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Distributed Anonymous Government – A Fourth Stage in Peer to Peer Technologies?

Consider this progression in technologies: Stage One: BitTorrent is a distributed anonymous communication system. It proved itself in the minds of many as an idea by making all information, as well as entertainment, available to those who wanted it, if those who had it wanted to share. BitTorrent’s success was largely founded on the widespread …

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Are We Out of the Woods Yet? Bitcoin Market Predictions for December

I Doubt It The month of December is proving to be a rough time for Bitcoin. Relative to historical growth, Bitcoin is still on the up-and-up– but it does appear that the cryptocurrency titan is now decelerating. I hate to say I told you so, but I told you so. I’ve been spamming in Wallstreetcrypto” …

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