Back in 2012, I introduced you to a hilarious video created by my friend Dan Ameduri titled: Shit Gold Bugs Say. If you haven’t seen it, I definitely suggest checking it out. I even make a brief cameo appearance at the 0:57 mark. Today I bring you a new video. Similar concept, different item and … Read more
The decision by Patrick Byrne, CEO of Overstock.com, to accept Bitcoin in exchange for its products has turned out to be a very savvy business decision for the online retailer. While the pace of Bitcoin sales has dropped off significantly from the tremendous $130k recorded in the first 24 hours, the sales have continued to … Read more
Many people have been speculating all day as to why Bitcoin is up so much. The guesses have ranged from oligarchs worried about governments freezing their global bank accounts, to the UK moving away from a Bitcoin trading tax. While both those things may have played a role, I think the primary driver might be … Read more
Before I get to today’s excellent article by one of the co-founders of “next-gen” Bitcoin company Coinbase, I want to add a few of my own updated thoughts on the Mt. Gox fiasco. While I am not at all surprised by the end of Mt. Gox (I predicted it in my piece several weeks ago), … Read more
Here’s the latest in a long running series of creative Hitler video spoofs, which cover various contemporary topics of interest. This latest one takes on the recent chaos happening in the Bitcoin world, specifically related to the collapse of Mt. Gox (read my thoughts on this topic here). This video covers a lot of ground, … Read more
Before the U.S. gets too far behind the curve on this important topic, I urge the regulators to work together, act quickly, and prohibit this dangerous currency from harming hard-working Americans. – Senator Joe Manchin, in his letter calling for a ban on Bitcoin Whenever you hear a politician say he or she wants to do … Read more
Last summer, I attended my very first Bitcoin conference. It was the Media Bistro sponsored “Inside Bitcoins” Conference and it was an incredible experience for me on many levels. To read my summary of the conference check out my post: Inside Bitcoins: Welcome to Satoshi Square. Conference organizers describe the upcoming event as follows: After thousands … Read more
Thanks to regulations, the USSA has been behind the global curve with regard to the installation of Bitcoin ATMs. After all, Canada’s first machine was installed back in November, and it recorded $100,000 worth of transactions within the first week. Hopefully that trend is about to change, as Lamassu’s BTC machine is now operating in a cigar … Read more
In what is probably the single most important positive headline since Overstock’s announcement that it would accept Bitcoin, Wedbush Securities has just announced it has become the first U.S institutional brokerage to accept bitcoin as payment for its research coverage. They will be partnering with Coinbase. So while JP Morgan has its head up its ass writing … Read more
Now this is special. John Normand, JP Morgan’s head of global FX strategy has just issued a report on Bitcoin to educate his “sophisticated” clientele on why they must avoid the revolutionary payment protocol and currency Bitcoin. Coindesk has done some excellent reporting on the matter. They write: Released on 11th February, a new report by … Read more