Monthly Archives: November 2013

Bitcoins being used in the Shanghai property market

Posted on by

“Three buildings on a 700,000 square-meter plot of land in the Pudong district of Shanghai, China look just like any of the other buildings in the city. What makes them different, however, is that space in these buildings can be purchased using bitcoins, a digital currency that is circulated on the internet and functions without the intermediation of a central authority.  At the entrance to one of the three buildings, which is used as the property management center, a bulletin reads ‘Today’s bitcoin value: 1: 2100.’, meaning that 1 bitcoin has an exchange value of 2,100 yuan (US$344). The owner of the buildings, Shanda Tiandi Ltd., posts the rate every day.”

http://www.wantchinatimes.com/news-subclass-cnt.aspx?id=20131114000039&cid=1102

Scan to Donate Bitcoin to Freedomwat.ch Staff
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Donate via Installed Wallet

Galt’s Gulch Chile: First Libertarian Community Accepting Bitcoin

Posted on by

“Galt’s Gulch Chile is a self-sustaining organic farming community located within the mild Mediterranean microclimate of central Chile. This realization of John Galt’s vision holds title to over 11,000 acres of pristine land with nearly 800 liters per second of registered underground and surface water rights. Galt’s Gulch Chile presents, for the first time, the opportunity to purchase real estate with the revolutionary new virtual currency bitcoin.  Galt’s Gulch Chile spokesperson Jeff Berwick, founder of StockHouse, TDV Media & BitcoinATM, has played a significant role in the early stages of bitcoin. Berwick has been on Fox News, CNBC & Bloomberg to discuss the rise of bitcoin.”

http://finance.yahoo.com/news/galts-gulch-chile-becomes-first-115057438.html

Scan to Donate Bitcoin to Freedomwat.ch Staff
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Donate via Installed Wallet

Bitcoin Couple Travels the World Using Virtual Cash

Posted on by

“They began their trek in October by driving east from Provo in Ms. Bingham-Craig’s 2004 Volkswagen Jetta. After arriving in New York on Oct. 17, they flew to Stockholm, Berlin and Singapore before eventually returning to Provo. In the end, they lasted 101 days, from July 23 to Nov. 1.  The Craigs weren’t part of the bitcoin underground when they began the project. Mr. Craig said he first heard of the currency in 2011 and then came up with the plan to live and travel solely on bitcoin.  ‘I’m really excited about bitcoin and its future,’ Mr. Craig said. ‘It’s a reimagining of money.'”

http://online.wsj.com/news/articles/SB10001424052702303789604579196171277465460

Scan to Donate Bitcoin to Freedomwat.ch Staff
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Donate via Installed Wallet

Number of Chinese Billionaires Skyrockets

Posted on by

“Asia sprouted a new crop of millionaires over the past year, with growth of wealth in China topping the charts.  According to a report this week by Credit Suisse, the country now has 6% of the world’s total of ultra-high-net-worth individuals, or those with fortunes in excess of $50 million. That’s second only to the United States, which commands nearly half the world’s total.  Fan Cheuk-wan of Credit Suisse credited such growth in China to the country’s capital market’s development and the large number of companies being listed during the period the report covered — mid-2012 to mid-2013.”

http://blogs.wsj.com/chinarealtime/2013/10/11/number-of-chinese-billionaires-skyrockets/

Scan to Donate Bitcoin to Freedomwat.ch Staff
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Donate via Installed Wallet

23 Petty Crimes That Land People in Prison for Life Without Parole

Posted on by

“The vast majority (83 percent) of life sentences examined by the ACLU were mandatory, meaning that the presiding judge had no choice but to sentence the defendant to a life behind bars. Mandatory sentences often result from repeat offender laws and draconian sentencing rules such as these federal standards for drug convictions.  The data examined by the ACLU comes from the federal prison system and nine state penal systems that responded to open-records requests. This means the true number of nonviolent offenders serving life without parole is higher.  Most of the nonviolent offenders sentenced to life without parole were racial minorities.”

http://www.motherjones.com/politics/2013/11/23-petty-crimes-prison-life-without-parole

Scan to Donate Bitcoin to Freedomwat.ch Staff
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Donate via Installed Wallet

The Next, Great Investment Wave is Happening Here

Posted on by

“Following in the footsteps of major U.S. companies such as Coca-Cola, Wal-Mart and Yum! Brands, Ford just announced the creation of a fifth geographic division – focused on the company’s growing automotive business in 47 markets across Africa and the Middle East. There, Ford will launch at least 17 new car models over the next two years.  The automaker’s push into Africa underscores what I’ve been writing about for two years now, and it highlights exactly why I recommended the Market Vectors Africa Index ETF (NYSE: AFK) over the summer – and why I am re-recommending it now.”

http://thesovereigninvestor.com/2013/11/12/next-great-investment-wave-happening/

Scan to Donate Bitcoin to Freedomwat.ch Staff
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Donate via Installed Wallet

Bill Bonner: Capitalism and Sex Slavery

Posted on by

Bill-Bonner2

“We interrupt the debate scene at Cleere’s pub to wander down to the coast to the little tourist town of Baltimore.  It is a tiny and mostly forgotten relic today. But what a story it has to tell: one of the most remarkable stories in Christendom. For it was the only town in England, Scotland, Wales or Ireland that was ever attacked by Moors.  Why? They wanted more.  Imagine the shock to poor Joane Broadbrook. She awoke early on the morning of June 20, 1631, to discover her roof was on fire and troops of the Ottoman Empire were breaking down her door.”

http://www.bonnerandpartners.com/capitalism-and-sex-slavery/

Scan to Donate Bitcoin to Freedomwat.ch Staff
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Donate via Installed Wallet

As Bitcoin booms, digital robbers take advantage

Posted on by

“Digital currency holders have never felt so vindicated as they do today. They’ve also never been under so many attacks. Hackers are targeting the increasingly valuable cryptocurrency more than ever before. In just the past few weeks, three major thefts have hit the Bitcoin world.  The only foolproof way to protect anything digital with certainty–including but not limited to bitcoins–is to hold it offline. Bitcoiners, who refer to offline reserves as ‘cold storage,’ can use USB drives, physical bitcoins, offline encryption keys, or even paper wallets to prevent cyberattacks. But given the extra layer of difficulty, most Bitcoins are not stored in this way.”

http://www.dailydot.com/crime/bitcoin-scams-robbery-ransomware/

Scan to Donate Bitcoin to Freedomwat.ch Staff
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Donate via Installed Wallet

First Professional Accounting Firms in North America Accept Bitcoins

Posted on by

“Xen Accounting announced today that they will be accepting Bitcoins, a digital currency, as a form of payment for their accounting services. Having already set up an e-commerce website to accept credit card payments for their fixed-fee accounting packages, Xen Accounting will push their payment processing even further to now receive Bitcoin payments as well.  The collaboration between Xen Accounting and the Canadian Virtual Exchange, Canada’s first Bitcoin exchange, is among the first of its kind in terms of how professional service firms are dealing with this new digital currency.”

http://www.nationalpost.com/markets/news/Accounting+among+First+Professional+Accounting+Firms+North+America+Accept/9159845/story.html

Scan to Donate Bitcoin to Freedomwat.ch Staff
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Donate via Installed Wallet

Here’s Why The Winklevoss Twins LOVE Bitcoin

Posted on by

“‘This idea that people aren’t betting when they hang on to a dollar is incorrect.’  They also love the currency’s transparency, explaining that ‘there is nothing predictable or transparent about the US dollar. No one has any idea what the Federal Reserve’s going to do, how they operate.’  Bitcoin, on the other hand, is fixed at 21 million coins that will come out incrementally and predictably over time. ‘Bitcoin brings the promise of email to the finance sector. Now it’s instant and effectively free to send money anywhere,’ the twins said.”

http://www.businessinsider.com/winklevoss-twins-on-bitcoin-2013-11

Scan to Donate Bitcoin to Freedomwat.ch Staff
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Donate via Installed Wallet