“The conference attracted big companies like Google, Visa, and PayPal along with smaller upstarts, which created a dynamic of gentle rivalry. Among the larger companies, Google, PayPal, and Square are launching their own mobile wallets. Some startups are taking a similar approach. Another attendee, Gabriel Sukenik, wore a pin on his lapel displaying the symbol for bitcoin, the algorithm-based ‘digital currency’ that is unregulated, untaxed, and traded online. Bitcoin’s supporters say a major advantage is that, because it doesn’t have to pass through currency exchangers who each take a cut of the sum, it’s cheaper to transfer money around the globe.”
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Tip Freedomwat.ch Staff with Bitcoin
Related posts:
US Finally Admits What Ron Paul Said: "Nobody Knows Who Set Off The Gas"
Kyle Bass: "The Next 18 Months Will Redefine Economic Orthodoxy For The West"
Latin America Says ‘Adiós’ to the Populist Left
The world's first airborne Mexican food delivery system
16 Years: The Shocking Cost and Waste of America's Endless Wars
Mission Accomplished: China Gets Half of Iraq’s Oil.
Google reveals Adobe/Windows font bugs that enable system hijacking
Bitcoin could be a boon for porn and other high-risk merchants
Total cost of 2016 election could reach $6.6 billion, CRP predicts
National Security Letters are now constitutional, judge rules
Napster Documentarian’s Next Project: The Untold Story of Bitcoin
Dutch Banking Malware Gang Busted: Bitcoin's Role
Canada's New Digital Divide: The Digital Currency Challenge
New Chinese law reinforces government control of cyberspace
SEC Criticizes Corporate Insiders Cashing Out Via Share Buybacks