It’s been a fascinating and rocky year for Bitcoins, with the digital tokens taking three steps forward while experiencing at least two significant setbacks. Lately there have been a lot…
Tag:
Bitcoin
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The price of Bitcoins plummeted on global exchanges as China’s largest Bitcoin exchange, YeePay, announced they would no longer accept deposits in yuan, the Chinese currency. The announcement could have…
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One of the qualities that makes Bitcoin attractive as a digital currency is the distributed nature of the transactions. Masked behind highly encrypted systems, the decentralized nature of the trading…
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It looks like rascally, Anonymous-associated online bulletin board 4chan is up to no good again. After the success of the Xbox One bricking hoax, 4chan’s random image board /b/ is…
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Recently we discussed why Bitcoins, encrypted digital tokens that can be freely traded across the Internet without going through a bank, are likely to be around for a while. Certainly…
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They’re not currency, and they’re not redeemable for any particular commodity — Bitcoins are digital tokens bought and sold on exchanges where people trade them for real money, a lot of…
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To really understand why China wants to dominate bitcoin, we need to first look at exactly what “bitcoin” is. From Wikipedia: Bitcoin: (sign: BitcoinSign.svg; code: BTC or XBT) a distributed,…
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You can’t find them in any bank. You can’t jingle them in your pocket. You can’t deposit them in the washing machines at your local laundromat. No country regulates them.…