Tag Archives: Bitcoin

Trace Mayer v. Don Harrold – A Shoot-Out At The Bitcoin Corral

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“Trace Mayer got in on the ground floor of bitcoin. Don Harrold has been talking about money and investing for more years than he cares to remember. Trace thinks that bitcoin is the currency of the future. Don is skeptical and believes there are privacy and safety issues that many members of the public need to be made aware of. Both men are extremely intelligent and worldly. Their hour long debate/discussion is quite compelling and discusses a number of issues that you need to hear.”

http://financialsurvivalnetwork.com/2014/03/trace-mayer-v-don-harrold-a-shoot-out-at-the-bitcoin-corral/

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Stefan Molyneux, Bitcoin: The Psychology of Money

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“What does psychological research reveal about people’s perception of money and value? What mental barriers do Bitcoin adoptees need to overcome to help others welcome the new paradigm? Stefan Molyneux, host of Freedomain Radio, brings the latest scientific insights into the psychology of money and value to bear on the challenges of evangelizing Bitcoin to the masses!”

https://www.youtube.com/watch?v=BhL1Y1lg35w

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Gamblers wager billions on unregulated Bitcoin betting sites

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“Betters like Bitcoin because they receive their winnings right away. There are no bank wires or deposits to wait on because Bitcoin is itself a payment processor.  And in the same way the Internet breaks down international boundaries, the uniformity of Bitcoin enables international gambling without the hassles of currency exchanges.  The clearest anti-gambling laws regulate payment processors (like credit card companies and banks) that would funnel winnings from the operators to the betters. But Bitcoin is a decentralized payment processing system. So there’s no person or organization to prosecute.”

http://www.pbs.org/newshour/updates/bitcoin-gambling-sites-fly-regulatory-radar/

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Will Florida’s Money Laundering Laws Apply to Bitcoin?

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“Lawyers for the two men recently arrested in Miami for engaging in ‘too-large’ bitcoin transactions are claiming that the men’s actions were legal because state law covers only money issued by the US or another country.  Many in the bitcoin community are hopeful that this argument is persuasive, seeing money laundering laws as an attempt to regulate thoughtcrime in finance. Others also argue that citizens do not currently owe the state of Florida any kind of explanation for why they want to buy or sell bitcoin.”

http://www.coindesk.com/will-floridas-money-laundering-laws-apply-bitcoin/

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Britain preparing to end plans to tax Bitcoin trading

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“HM Revenue & Customs said in a meeting with UK traders that it would no longer levy 20 percent value-added tax (VAT) on bitcoin transactions and also said it would not tax margins either, according to the paper.  The British support for the currency comes days after Mt. Gox, once the world’s largest bitcoin exchange, was sued by a customer in the United States seeking to recover money lost in the hacking attack.  Corporation tax and other taxes would still apply, according to the FT.”

http://www.reuters.com/article/2014/03/02/us-bitcoin-britain-idUSBREA210UV20140302

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Bank of Greece Breaks Silence on Bitcoin

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“The Bank of Greece issued a brief statement on 11th February warning citizens of the potential risks associated with virtual currencies, such as bitcoin.  Citing past statements from the European Banking Authority, the release included introductory information meant to guide consumer decision-making, as well as material that further informed readers of the potential tax implications and legal consequences associated with the use of virtual currency.  The announcement comes after a string of similar remarks from other European central banks, such as the Central Bank of Lithuania and the Central Bank of Cyprus, which both issued statements to raise awareness of the potential risks.”

http://www.coindesk.com/bank-of-greece-breaks-silence-bitcoin/

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Bullion Bitcoin to Launch Professional Gold-Bitcoin Exchange

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“A new exchange for trading gold bullion and bitcoin is set to open on 21st February.  The Bullion Bitcoin exchange, based in London, will allow sophisticated investors, as defined by the UK financial regulator, to trade gold bullion and bitcoin. The exchange will not be open to retail investors.  Access to the exchange will be restricted to sophisticated investors, high net-worth individuals and professional clients, as defined by the Financial Conduct Authority, the financial services regulator in the United Kingdom. Traders on the exchange will also have to put up a minimum subscription of 1kg of gold (about $41,000).”

http://www.coindesk.com/bullion-bitcoin-launch-gold-bitcoin-exchange/

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Bitcoins gain acceptance even at some thrift stores

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“Goodwill, a collective of nonprofits that operate several thousand stores selling secondhand items, will have the option to accept Bitcoins in some locations via payment terminals from Revel Systems Inc., a San Francisco startup. Revel is adding a Bitcoin button to its point-of-sale system, which is currently used in 23 Goodwill stores.  Revel has deployed 7,000 terminals at supermarkets, pizza places and yogurt shops. The company’s point-of-sale systems, which are built around Apple’s iPad, already let shoppers pay with cash and credit cards. Bitcoin was a logical next step, said co-founder Chris Ciabarra in an interview.”

http://www.idahostatesman.com/2014/02/13/3025686/bitcoins-gain-acceptance-even.html

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Marc Andreessen sings Bitcoin’s praises

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“The ‘Fast Money’ crew reacts to tech investor Marc Andreessen’s comments on Bitcoin. And trader Brian Kelly sees promise in the digital currency.”

http://video.cnbc.com/gallery/?video=3000245380

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PayPal boss to discuss Bitcoin in keynote address at 2014 trade show

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“Digital currency and the end of carrying a wallet will be the theme of the latest top speaker secured for a business trade show in Belfast later this year.  Last month sources inside eBay told CNBC that it is considering allowing customers to use Bitcoin for payment for both eBay and PayPal.  The company hasn’t yet made a decision, and is waiting for the regulatory framework to become clearer before it makes a final call, sources told CNBC.  Paypal handles £180bn a year in transactions and manages 143m active customers.”

http://www.belfasttelegraph.co.uk/business/news/paypal-boss-to-discuss-bitcoin-in-keynote-address-at-belfasts-odyssey-arena-30008908.html

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