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 …
Woodland Patchwork is a newly created micronation in Japan. A micronation is a microstate which is not officially recognized by a nation-state. Most micronations and microstates come about when someone takes a shine to a little patch of dirt somewhere, or perhaps an oil rig or an old military fort. This one’s a little different. …
Some of our readers may have been following the story of the DogeCoin joke website that was launched a week or so ago. Well, it was inevitable – someone has stepped up to make this currency a reality. DogeCoin was launched for mining yesterday. The DogeCoin.com website has also been updated to reflect the living …
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 …
Bitcoin and Dispensaries: The Cannabis Connection Read More »
I’m a believer, I have been since the moment I first heard about Bitcoin and the concept of cryptocurrency. To me, cryptocurrency is like the internet was in the 90’s; it makes sense, its here to stay and its only a matter of time before the whole world is going to have to get used …
A Vision for the Future of Bitcoin and Cryptocurrency Read More »
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 …
Want to Buy a New Lamborghini? Now You Can Use Bitcoin Read More »
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 …
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 …
Distributed Anonymous Government – A Fourth Stage in Peer to Peer Technologies? Read More »
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” …
Are We Out of the Woods Yet? Bitcoin Market Predictions for December Read More »
What is shorting?Shorting is a method of making money in a down-trending market. A trader would borrow shares from someone who already has them, then immediately sell the shares at market price and buy them back when the price is lower. Once the shares have been bought back, the are returned to the owner and …