“A cottage industry of stores buying and reselling goods online for Bitcoins has emerged, and some high-profile transactions have helped push the currency into mainstream consciousness. One Canadian man reportedly hoped to sell his house for Bitcoins, and a US man claimed to have traded his 2007 Porsche for 300 Bitcoins. The Cyprus banking crisis – which saw the tiny nation agree a bailout deal with the International Monetary Fund, European Commission and European Central Bank that will shrink the banking sector and lead to losses on deposits of more than 100,000 euros – also coincided with a run-up in Bitcoin valuation.”
Related posts:
Chicago Bans Vaping In Public—For The Children
A brand-new $34 million U.S. military headquarters in Afghanistan. And nobody to use it.
Wisconsin’s Shame: ‘I Thought It Was a Home Invasion’
Spanish Pension Raids Spell Bad News for Bond Sales
Litecoin Surpasses Billion Dollar Market Capitalization
Bank Advisor: 'Should Your Bank Do Business With Bitcoin?'
The Top 10 Companies With The Best Business Outlook According To Employees
U.S. to provide ‘direct military support’ to Syrian rebels
David Stockman: Worst Law Passed in Four Decades Must Be Stopped
London Gold Fix Calls Draw Scrutiny Amid Heavy Trading
GCHQ intercepted foreign politicians' communications at G20 summits
‘We can do this without Congress’: Obama to unilaterally impose cell phone tax
New health law frustrates many in middle class
Fast food CEO: How govt regulation is driving us abroad
Indefinite Detention Injunction Does Irreparable Harm, Obama Admin. Lawyers Argue