Before bitcoin arrived to the payment scene, making payments were often a tedious task, be it through shuffling around for credit cards in person or entering in lines upon lines of personal information on a third party site online. There was clearly a market for payment innovation, and tech giants such as Google & Apple quickly caught on with Google Wallet and Apple Pay, respectively. Continue reading
What’s the fastest way to exchange your bitcoins you ask? If you somehow got a hold of some bitcoins without having to purchase them, you’re probably curious about how you could safely exchange them in the fastest and most convenient way possible. Continue reading
Bitcoin’s volatility has returned in full swing, with the digital currency dropping to new 2014 lows in the $450.00-500.00 range. There remains many theories regarding the cause for this downtrend, but an inevitable fact remains that companies are continuing to accept bitcoins through intermediaries, having the intermediaries exchange them for fiat currency thereafter.
JP Morgan took initiative recently by applying for patents surrounding the development of their own custom web cash, only to get denied once again as the patent implications took too broad of a reach. Continue reading
ISIS (Islamic State of Iraq & Al Sham) has claimed a portion of both Syria & Iraq, and their reach is expanding. As they grow, they seek funds to continue their brutal operations, which are more often times than not stolen from innocent civilians. Continue reading
Twitch.tv has announced that it’ll be accepting payments for turbo subscriptions in bitcoin. Twitch.tv is the most popular streaming network for video game content, allowing all gamers alike the opportunity to showcase their skills and talents. Continue reading
As far as black market activities go, Silk Road takes the spot for being the most notorious marketplace for buying illegal goods with bitcoins. After that got shut down, there hasn’t been another clear go-to marketplace for people interested in digital commerce for illegal goods. The US Marshall recently auctioned off a good majority of the bitcoins Silk Road made, yet as far as physical person-to-person transactions go, there hasn’t been much enforcement when illegal goods were being exchanged. Continue reading
Reports of companies both large and small accepting bitcoin is becoming quite an often trend, with large corporations like Dell being the latest to announce their acceptance towards bitcoin. While such news would seem to be positive at first glance, it won’t create the supposed positive impact until the world begins to view bitcoin from a different light. Continue reading