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Will Bitcoin Fix Our Economy or Make it Worse?
Monday, January 23, 2012 - 2:48pm
Can an unregulated form of currency really do our country any good? Bitcoin has been getting a lot of mainstream attention lately, thanks in part to an episode of The Good Wife, a hit legal drama that airs on CBS (NYSE: CBS). During the episode (entitled, “Bitcoin for Dummies”), the writers...
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Bitcoin a Digital Currency
Sunday, October 2, 2011 - 12:06pmIn a time where banks are raising their fees and charging consumers for using their debit cards, going bankless and using other means of payment has caught on. About 1 in 5 people are reported to have gone bankless and have resorted to gift cards as a means of payment and consumption. People are...
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Friday, June 17, 2011 - 2:45pm
Bitcoin: Too Good to Be True?
Bitcoin, the digital currency that has been sweeping the internet, appears to have hit a bit of a roadblock in recent days. For those unaware, Bitcoin is a peer-to-peer technology and digital currency. Users trade Bitcoin files over a peer-to-peer network for tangible goods and services. The...
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Wednesday, June 15, 2011 - 3:42pm
Why Julian Assange of Wikileaks Loves Bitcoin
Bitcoin is a digital peer-to-peer technology and currency that allows users to transact online without using credit cards or bank accounts. Think of Gnutella (or if you are not familiar with that, the old Napster (NYSE: BBY) except decentralized). However, with Bitcoin, you are not trading music...
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Tuesday, June 14, 2011 - 5:37pm
Is the Bitcoin a Digital Gold Standard?
Bitcoin is a digital peer-to-peer technology and currency that allows users to transact online without using credit cards or bank accounts. Using a file sharing system, users can trade Bitcoin files for goods and services. Records of every Bitcoin transaction are stored on every user's computer,...
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Monday, June 13, 2011 - 5:39pm
Bitcoin: The Ultimate Free Market Currency
Senators Charles Schumer of New York and Joe Manchin of West Virginia have requested that the Drug Enforcement Agency investigates the website Silk Road, according to CNet. Silk Road is a website designed to be accessed anonymously and to facilitate the transaction of illegal drugs. To ensure...
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