Tag Archives | Bitcoin

The Man Behind the Wikileaks PayPal and the PayPal 14 Fund Now Taking Bitcoin

Luke Rudkowski at the Edward Snowden fundraiser meets Bernd Fix one of the pioneers of the internet who created the 1st ever anti virus software. Bernd Fix, the man who ran the PayPal fund for Wikileaks that was shut down by the U.S government is now also organizing the a fund to help the PayPal14. To learn more about the PayPal 14 check out the link below.

Paypal 14 fund http://thepaypal14.com/

Via We Are Change

Read the rest

Continue Reading

Utopia Through Digital Cooperation, Bitcoin and a Little Bit of Gin. Featuring Jeffrey Tucker

PIC: Philafrenzy (PD)

PIC: Philafrenzy (PD)

Via Midwest Real

“You can look at the historical trajectory.  From a technological point of view, we’ve gone to ever-more aggregated collectives… And now, in the last 15 years we’ve seen this great innovation of open source distributed networks and peer-to-peer relationships that distribute power equally… Bitcoin fits into this because it’s the ultimate peer-to-peer monetary system.  You don’t have to depend on some powerful third party… You just take the power on your own and possess it and own it and control your life, and that’s what we all want.” – Jeffrey Tucker

 image image

Read the rest

Continue Reading

Dark Wallet For Bitcoin Launches

darkwalletCody Wilson’s Dark Wallet for Bitcoin project has launched. Here’s the Wall Street Journal‘s take:

The anti-government bitcoin wallet launches Thursday.

Last year, the Journal told readers about Cody Wilson’s efforts to take the virtual currency off the grid through a project called Dark Wallet, the 26-year-old’s latest effort to use technology to sidestep the government. Mr. Wilson is most famous for creating the first working gun made by a 3-D printer.

After months of programming, Wilson and his partner, British anarchist Amir Taaki, also 26, are releasing an early version of the software for free download. It will work as an add-on for Google’s Chrome browser.

For all the talk of bitcoin being untraceable, it’s actually pretty easy for cops to figure out who is spending what unless suspects take very technical precautions. Wilson seeks to change that by making it easier for non-techies to have an anonymous currency online.

Mr.

Read the rest
Continue Reading

The Bitcoin “Crisis” Explained and 5 Reasons it Can’t be Killed

BitcoinNear the end of last year, Bitcoin was being gobbled up at an unbelievable $1100 per coin. With a cursory glance, at today’s price ($500), you’d think that the Coca-Cola of cryptos is careening toward disaster. In order to understand why that’s not the case, you might need a quick recap on how we got to this juncture.

Via- Midwest Real

For Bitcoin, early 2014 was a PR nightmare. The crypto was constantly being linked to drugs and money laundering, most infamously in the case of The Silk Road. But, the most damning sequence of events was due to a known security vulnerability and good-old-fashioned ineptness. Enter Hurricane Gox. By February, major (but known to be sketchy) Bitcoin exchange Mt. Gox had been having problems for quite awhile. Because of that aforementioned security issue, Mt. Gox halted some of their user’s ability to withdraw Bitcoin while they fixed the hiccup.… Read the rest

Continue Reading

World’s First Bitcoin Debit Card

xapoWill Xapo‘s forthcoming debit card make Bitcoin usable for the masses? Wired reports:

Bitcoin may be the future of digital money, but it has a big problem here in the United States: why use it to buy anything when millions of merchants already accept debit and credit cards?

Today, if you want to buy a bottle of lemonade with bitcoins, you need to scan a QR code with your phone or email a long bitcoin address to the seller. For most people, buying with bitcoins just isn’t as easy as Visa or MasterCard.

But that’s set to change in the next two months. Xapo, a company that offers online bitcoin wallets, says it’s two months away from introducing the first debit card that will let you spend your bitcoins at any place that takes Visa or MasterCard.

It’s a sign of bitcoin’s growing maturity, and a look at how the digital currency is slowly integrating with the mainstream financial services industry, thanks to a raft of venture-backed bitcoin startups that are now coming online.

Read the rest
Continue Reading

Stefan Molyneux On How Cryptocurrencies Can Curb Unsustainable Government Growth

BitcoinThe Next Web catches up with Stefan Molyneux to discuss Bitcoin and other cryptocurrencies and their impact on government and society:

Via The Next Web:

TNW: To what extent will Bitcoin and other cryptocurrencies even things out, taking power back from governmental bodies?

SM: One of the most important aspects of cryptocurrencies is the degree to which they deny inter-generational debt, deficit-financing, and the easy money required for imperialism and war.

As a species, we generally consider ourselves to be very considerate and thoughtful towards the young. Unfortunately, that does not find reflection in our governmental policies, which burden the unborn with staggering debt, none of which would be possible with cryptocurrencies.

The power of the state to create money out of thin air, control interest rates, and pretend that it is providing value to the population, when it is merely debasing their currencies and lowering them into a chasm of debt, will face a serious challenge from Bitcoin and other cryptocurrencies.

Read the rest
Continue Reading