California leads the way on Bitcoin acceptance.

Short of accepting Bitcoin as legal tender, Californian Governor Jerry Brown passed bill AB129 which legalizes digital currencies and alternative currencies for transactions within the state. The previous prohibition on alternative currencies was primarily targeted  towards fraudulent or competitive national […]

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Edward Snowden is Turning to Bitcoin

By now most people have heard of whistleblower Edward Snowden and his story. Snowden had leaked millions of documents containing classified material to multiple media sources. These documents were most famous for the evidence showing the United States government spying on […]

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Why I Now See Bitcoin’s Potential

When I first heard about Bitcoin I thought it was the dumbest idea of the 21st century. A currency that is not regulated by a government, how could anyone see this as a good idea? That is what my mentality […]

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Why a Bitcoin Investment Fund is a Horrible Idea

A friend of mine brought up the idea to me about a firm creating an exchange traded fund (ETF) or Mutual Fund for Bitcoin; similar to GLD which is an ETF for gold, this fund would only hold Bitcoin. Now […]

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BitMEX To Release Bitcoin Volatility Index

Bitcoin derivatives exchange BitMEX is set to launch its own take on the VIX, a popular index measuring market volatility, on the 5th of January. The VIX is often called the “fear index” or the “fear gauge”, as it can […]

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Bitcoin Ban in Revision by Russian Government

Could Bitcoin make it back into Russia? The Russian Ministry of Economic Development recently denied a draft law that banned Bitcoin, and requested a major revision of its contents. The ease of use and transaction speed of Bitcoin would make […]

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HSBC Closes Account of New Jersey-Based Bitcoin Hedge Fund

Banking giant HSBC has terminated its services to Global Advisors (GA), the world’s first fully regulated Bitcoin hedge fund. In an interview with the British Broadcasting Corporation (BBC), GA’s director, Daniel Masters, claimed that his company’s account with HSBC was […]

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Federal Reserve of Boston publishes paper on Bitcoin

The Federal Reserve Bank of Boston published a paper earlier in September titled, “Bitcoin as Money?”, which discusses how some features of bitcoin have “hampered its ability to perform the functions required of fiat money – as a medium of […]

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Federal Reserve of Boston Published Paper on Bitcoin

The Federal Reserve Bank of Boston published a paper earlier in September titled, “Bitcoin as Money?”, which discusses how some features of bitcoin have “hampered its ability to perform the functions required of fiat money – as a medium of […]

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Bank of England: Bitcoin, other digital currencies pose risk to British economy

The Bank of England (BoE) released a new report Thursday highlighting what it exactly thinks about bitcoin and other peer-to-peer decentralized digital currencies. The report, like so many other previous central bank studies, suggests they are harmful and could pose […]

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