
“Chinese Internet giant Baidu started accepting Bitcoin as a payment method for Jiasule, its online security and firewall services, on October 14, for instance. And an influx of Chinese investment in Bitcoin is very definite contributory factor to the recent price surge. Baidu’s corporate stature may well be giving Bitcoin’s perceived legitimacy a boost in China. It’s also clearly helping to increasing BTC trading volumes in the country by giving a chunk of its customer base the option to pay in Bitcoin: Forex Magnates noted last week that China’s largest Bitcoin exchange, BTC China, had more than doubled following the Baidu news.”
http://techcrunch.com/2013/10/22/bitcoin-breaks-200-again/
Related posts:
Tommy Chong claims cannabis helped cure his prostate cancer
Penning the Sheep for a Shearing—Capital Controls, Part 2
It's Getting Harder For The Feds To Lie About Marijuana
Federal court: TSA agents can’t be sued for false arrests, abuse, or assault
Google Announces $100M Fund For European Startups
Guess Where There Is a Restaurant Boom?
New Domestic Terrorism Bill Targets Patriot Groups and Citizen Militias
Do You Live in a “Death Spiral” State?
Iceland Kicked Out FBI Agents Who Flew in Unannounced to Investigate WikiLeaks Operations in the Cou...
The Hidden Arms Race
Woman accuses NYPD of handcuffing 7-year-old son for 10 hours
A Curious Photo from the Egyptian Riot Front
Beta Is Boss
Military-Industrial Complex Presstitutes Get SMACKED DOWN By A Real Journalist
Bar Shares Scanned ID Card Data with Cops