Posts Tagged ‘digital currency‘

Opinion: The Big Lie About Bitcoin (via P2P Foundation)

Economist and technologist David de Ugarte recently published his noteworthy views. Translated from Spanish, the post has been made public on the P2P Foundation blog. “The problem with blockchain is in its design: dependence on mining, an industrial activity based on the availability of infrastructure, puts

Exclusive: IBM looking at adopting bitcoin technology for major currencies

NEW YORK (Reuters) – International Business Machines Corp is considering adopting the underlying technology behind bitcoin, known as the “blockchain,” to create a digital cash and payment system for major currencies, according to a person familiar with the matter. Read more from Reuters

New Digital Currency Unites All Global Money Systems

Stellar is many things, but it’s best to think of it as an effort to create a worldwide network that lets anyone send any currency and have it arrive as any other currency. You can send bitcoin and have them arrive as dollars. You can

New Digital Currency Aims to Unite Every Money System on Earth

“Rodrigo Batista is the CEO of Mercado Bitcoin, the first Brazilian bitcoin exchange and one of the largest digital currency operations in Latin America…By the end of August, he says, his site will embrace a brand new digital currency project called Stellar…” Read more via

thisistheverge: Amazon launches virtual currency Coins Amazon has just debuted its own virtual currency, Amazon Coins, allowing customers to pay for apps on its Amazon Appstore for Android, as well as some in-app items. Kindle Fire customers in the US are the first to get

PayPal alone blocks access from over 60 countries, and many credit card companies have similar restrictions. Some are blocked for political reasons, some because of higher fraud rates, and some for other financial reasons. Whatever the reason, we don’t think an individual blogger from Haiti,