Uncategorized

Bitcoin is a modern cash analogue and, each passing day, the number of companies which takes bitcoin as payment grows. We already know how they are created and what is the basis for how they work, but how can we store them? We keep cash in a wallet, and with bitcoin it works similarly, except…

At last year’s annual meeting of the Institute of International Finance, the association representing the global banking industry, a handful of themes dominated the conversation: the impact of financial regulation, the end of easy money, ways to jump-start sputtering growth in the advanced economies. This year, as the banking  world’s leaders and hangers-on gathered at…

So I’m sure if you’ve been anywhere on the internet or even watched the news lately you’ve heard of Bitcoin and/or cryptocurrency. Well as crazy as it sounds, yes, cryptocurrency is real and no, it’s not a scam. Ok I’ll get into that later but let’s get into the reason you came here in the…

The mainstream media in the US–and most of the rest of the world–really misses the point on Bitcoin. They’re obsessed with the cryptocurrency’s volatile valuation and fixate on the ‘black market’ uses along with high profile Bitcoin economy failures like the Mt. Gox exchange. For the most part they completely ignore the really compelling part…

If you are looking into playing at a Bitcoin casino you will see there are quite a few options available to you. The term Bitcoin gambling may be one you have recently learned of and this has undoubtedly peaked your interest, as it has many others. The term Bitcoin has become increasingly popular within the…

Blackjack is one of the most popular games in both the land based and online casinos. Each day, large amounts of players flock to the casinos of their choosing in order to play blackjack. If you are interested in online blackjack, or you are already a player, then you want to familiarize yourself with Bitcoin…

Bitcoin ATM’s–particularly those manufactured by Las Vegas based Robocoin–are popping up all over the world. Now a Bitcoin ATM has arrived in the ‘Jet City’ of Seattle, Washington. Seattle is known as hub of technological innovation so its no surprise that there would be a nexus of Bitcoin ‘early adoption’ there. The ATM machine is…

The Internet’s largest retailer–Amazon.com–won’t be accepting Bitcoin, at least not for the time being. While other major retailers including TigerDirect and Overstock.com have been at the forefront of accepting the virtual currency it has yet to be adopted by a high profile mainstream retailer. At one point Amazon was considered a revolutionary company but based…

Many entrepreneurs and investors in the Bitcoin space seem to believe that the path for Bitcoin to achieve mainstream adoption will be similar to that followed by other recent technologies like the Internet, smartphones or social networking. Those businesses followed the kind of adoption curve as outlined in Geoffrey Moores Crossing the Chasm, where diligent…

Privacy and Ease of Use As discussed in earlier posts, the primary of use case for Bitcoin thus far has been the store of value. For Bitcoin to gain mass market adoption beyond the core group of technical users and users looking for alternative stores of value, it needs to become simple for non-technical users…