Bitcoin advocates say that one reason Bitcoin is talking off is burgeoning popularity in China.
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Tag Archives: Bitcoin
Virtual currencies won’t replace cash, central bank says
The Bank of Canada waded into the debate over the prevalence of virtual currencies such as Bitcoins, saying in a working paper published this week it’s unlikely that such digital forms of payment will ever replace sovereign currencies.
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CoinX Is A New Bitcoin Exchange That Actually Takes Financial Compliance Seriously
CoinX is a brand new Bitcoin exchange that just opened its doors, and we caught up with founder Megan Burton at the Money2020 conference in Las Vegas to learn what her company is all about.
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ATMs that allow you to exchange cash for Bitcoins coming to Canada this fall
TORONTO – The first time Ryan Johnson bought Bitcoins — an emerging digital currency that isn’t controlled by any authority such as a central bank — was with a pocket full of cash from a stranger he had met online.
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Government eyes regulation of ‘Bitcoins’
WASHINGTON — A Senate committee is investigating whether to establish regulations for online “virtual currencies” such as Bitcoins.
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Edmonton gets first provincial Bitcoin retailer
Edmonton’s Remedy Café has become the first retailer in the province to accept digital currency for its products.
All three locations officially started accepting the digital currency Friday, July 26.
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Calgary bitcoin exchange fighting bank backlash in Canada
Joseph David has overcome a lot of challenges since starting up Canada’s first Bitcoin exchange two years ago but his latest hurdle is proving tougher than all the others.
Over the last few days two of the pretenders to the world currency throne — bitcoin, the new high-profile digital currency, and gold, the centuries-old commodity currency — have fallen into a tailspin.
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Even If It Crashes, Bitcoin May Make A Dent In The Financial World
IN 1999 an 18-year-old called Shawn Fanning changed the music industry for ever. He developed a service, Napster, that allowed individuals to swap music files with one another, instead of buying pricey compact discs from record labels. Lawsuits followed and in July 2001 Napster was shut down. But the idea lives on, in the form of BitTorrent and other peer-to-peer filesharers; the Napster brand is still used by a legal music-downloading service.
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Bitcoin May Be the Global Economy’s Last Safe Haven
One of the oddest bits of news to emerge from the economic collapse of Cyprus is a corresponding rise in the value of Bitcoin, the Internet’s favorite, media-friendly, anarchist crypto-currency. In Spain, Google (GOOG) searches for “Bitcoin” and downloads of Bitcoin apps soared. The value of a Bitcoin went up to $78. Someone put out a press release promising a Bitcoin ATM in Cyprus. Far away, in Canada, a man said he’d sell his house for BTC5,362.
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Alberta man to sell home for Bitcoin virtual currency
It’s not often that Canadian real estate listings make international headlines, but a mid-sized Alberta bungalow has people around the world buzzing today after its owner declared that he would like to sell it — for Bitcoins.
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