Right now, I owe my best friend $25 for a They Might Be Giants concert ticket and $27 for a Magic the Gathering pre-release tournament, my boyfriend $40 because I had to order a new debit card and destroy my old one after someone used it to spend $500 at Walmart.com, and my mom $300 […]
Tag Archives | currency
Government Seizes Bitcoin Trading Site’s Bank Account
The United States Department of Homeland Security shut down Mt. Gox’s ability to accept or send transfers using mobile payment service Dwolla last night. According to the warrant, a Homeland Security special agent believes Mt. Gox is guilty of the crime of operating an “unlicensed money transmitting business.” After an undercover informant used the service […]
Digging Deeper Into The Bitcoin Mine
Unless you’ve been living in a self-imposed media blackout throughout 2013, you’ve seen and heard bitcoin become a mainstream news topic. With its higher profile comes an inevitable increase in popularity and acceptance as payment. For example, DWI Attorney Jay Cohen of Houston, TX now accepts bitcoin. In Cypress, the world’s first Bitcoin ATM is […]
What Are Bitcoins And Why Should You Care?
Hey, remember these guys? No, not those guys. These guys. The Winklevoss twins, most notable for trying to lay claim to much of Facebook’s profit, has invested a lot of money in Bitcoin. That may not seem like such a big deal, but Cameron and Tyler Winkelvoss didn’t just lose out on Facebook billions and […]
A Bit About Bitcoins
If you’ve been following the news recently, you’ve probably seen at least a mention of bitcoin. The latest was negative press about hackers compromising a major Bitcoin trading web site and plunging the value of the virtual coinage from around $17.50 per coin to around one cent. But what’s the fascination with bitcoin and is […]