I’ve mentioned the guys at Perpetual Assets several times before on this site. I met them last summer at the Liberty Mastermind Conference, and I’ve been extremely impressed with their vision when it comes to precious metals, crypto-currencies and a dedication to making this world a better place. Well, they just took their game to a … Read more
So the IRS has finally issued important tax guidance for Bitcoin and it turned out exactly the way I suspected it would. By treating Bitcoin as “property” and not “currency” the IRS is saying that anyone who bought a bitcoin for a certain price and then spends it at a higher price is responsible for … Read more
The Inside Bitcoins conference in NYC last summer was one of the highlights of 2013 for me. I was able to meet some of the smartest, determined and friendly people in the Bitcoin space, as well as significantly advance my understanding of the still young crypto-currency. Fortunately, this conference will be back in less than … Read more
This is the second humorous Bitcoin related video I have posted within the past week. The last one being the very funny: Shit Bitcoin Fanatics Say. Well now the always hilarious Conan O’Brien is having a go at it. Unfortunately, the way he pokes fun at Bitcoin is actually how the majority of people out there … Read more
The reason Bitcoin refuses to “die”, is because it represents a genuine technological breakthrough in payments. The reason it hasn’t been exposed as a “ponzi scheme”, is because it isn’t one. Earlier today, I came across a very powerful quote on Twitter by Erik Voorhees: I’ve met many critics of Bitcoin who have never used … Read more
Last week, I wrote a piece titled: New York Banking Regulator Benjamin Lawsky Thinks Mt. Gox Collapse Could Help Bitcoin. In it, I speculated that Lawsky was positioning New York to emerge as a primary global Bitcoin trading hub. While certain comments from Lawsky in the past have rubbed me the wrong way, he seems to … Read more
Kudos to Andreas Antonopoulos for taking the lead on this. As time passes, it’s becoming increasingly clear that Dorian Nakamoto is not the creator of Bitcoin, but rather a reclusive old man who just had his life turned upside down by a frenzied press. As the generous folks in the Bitcoin community like to do, we … Read more
The LA Times is reporting that Satoshi Nakamoto has been driving around today with an AP reporter and he denies founding Bitcoin. This is interesting because the only “proof” Newsweek had was his comments that he did create it. So somebody’s lying. I was skeptical of the Newsweek story from the start and wrote about … Read more
I have very mixed feelings about the accuracy of today’s article from Newsweek regarding its claim to have discovered the identity of Bitcoin creator Satoshi Nakamoto. On the one hand, you’d think a major magazine would not make such a bold claim without extensive research and a high degree of certainty. Then again, this is … Read more
Yesterday, I had the pleasure to record another podcast with Jason Burack of Wall Street for Main Street. This is the first interview I’ve done in a little while, and it went quite a bit longer than either of us expected. I always enjoy doing these podcasts, as it allows me to express myself in … Read more