One of the hottest stock market stories over the last couple of weeks has been the growth of the digital currency known as “Bitcoin”. Although this digital money has already experienced a great rise in its worth, one of the most interesting factors that have been driving its value upward is the surge in popularity […]
Author: Thomas Schmidt
US financial watchdog fines early Bitcoin mixer $60M for money laundering
The U.S. Financial Services Authority fined an early stage startup for engaging in an unauthorized money transfer program and later announced a second case against the same company. One of the alleged offenses involved the launch of a digital currency mixer, or a process by which a buyer and seller enter into a contract to […]
10 Reasons Bitcoin Is a Terrible Investment
For those who are still on the fence about the future of the currency, it would be helpful to know the top ten reasons why you should not invest your money in the “Virtual Currency” known as the “Bitcoin”. I will be honest with you, I was skeptical when I first heard about this new […]
What Is A LibWally-Open Source Wallet?
When people think of an open source project, they probably think of Linux and Unix, and not the peer to peer currency software project called “Bitcoin”. It is true that the Linux and Unix operating systems are the most popular in the computer world today, but that is not the only computer operating system that […]
Lark Davis: Altcoins could rally 100-1000x, outperform Bitcoin in bull cycle
We’ve all heard of altcoins, or other kinds of “alt” currencies, and some of us have even bought some of them, while others have not. So, why buy Altcoins when they have been known to have some pretty ugly characteristics themselves? Well, the answer is that it really depends on what the altcoin is, and […]