Democratic Currency:
Why Bitcoin is So Hard to Regulate

This entry is part 9 of 9 in the series Explaining Bitcoin

This entry is part 9 of 9 in the series Explaining BitcoinWith the recent Senate hearings that could determine Bitcoin’s fate (in the U.S. at least) there’s one word that’s been on the tip of many a tongue: Regulation. We’re told that Bitcoin could fund terrorism, fuel the “wrong” side of the drug war and […]

Explaining Bitcoin: Greg Dean

This entry is part 8 of 9 in the series Explaining Bitcoin

This entry is part 8 of 9 in the series Explaining BitcoinIt occurred to me the other day that I’ve spent a lot of time explaining Bitcoin to people. There’s a sort of “standard formula” for explaining Bitcoin that works most of the time, but sometimes you run across a difficult point or just explain […]

Another Day in Bitcoin History:
The Million Dollar Purchase


The challenging thing about writing the Bitcoin news is that there are so many things always happening that it’s difficult to decide what’s important and what isn’t. Even more difficult is sourcing your information in a culture built around anonymity and secrecy. Every once in a while, though, something shows up from an already-vetted, trustworthy […]

Want Instant Coins? Coinbase Wants to See Your Credit Card.


I’ve long been a fan of coinbase as a quick and easy way to get some bitcoins – as a matter of fact, I seldom feel the need to carry coins in a phone wallet any more since I can simply purchase a few as needed and send them straight from the coinbase app on […]

Does Bitcoin Need a Private Trust?


One of the bigger pieces of Bitcoin news lately is of course the foundation of SecondMarket’s Bitcoin Investment Trust¬†(BIT). If, like me, you frequent the Bitcoin subreddit, you’ve probably seen the news posted a dozen times by now. If, like me, you also read the comments on Reddit then you also know that a lot […]

Bitcoin Illegal In Thailand – Sort Of… Not Really… Maybe?


Today is one of those unfortunate days when I must remind my readers that I am not a lawyer, so everything I say on the basis of law must be taken with a grain of salt. I’m especially not an expert on Thai law, though I have spent all morning reading up on the subject. […]

Khan Academy Releases Bitcoin Videos


I’ve been saying for a long LONG time now that education is past due for a serious overhaul, and Khan Academy has been the front-runner in the race for education’s future. For those not familiar, Khan Academy started out as a series of YouTube videos that one teacher did to help struggling kids in his […]

Obama’s Chief Economist on Bitcoin: “Hahahaha. ROTFL.”


The Chicago Booth School of Business is somewhat famous in certain circles for its surveys. They’ve got a hard-line to some of the most respected and influential economists of our era and when they take a poll it’s usually understood that what you’re looking at is the voice of ¬†some of the most prominent experts […]

CNBC Doesn’t Even Bother Researching

cnbc_logo Senior Writer Jeff Cox recently wrote a scathing article entitled “Bitcoin Bubble: How ‘Geeks’ Sent Prices Parabolic” that attracted quite a few anti-Bitcoin remarks in the comments and had no shortage of such remarks in the article itself. Of course, like most hyperbolic bile-filled reviews on this topic, he didn’t even bother to do […]

Bitcoin Price Hits New Record High


Well folks, Bitcoin has been toying with its previous record price of 31.9099 USD for days and this morning I woke up to a present surprise. The current market price at the time of this writing is $33.6399. No tips yet.Be the first to tip!Tip With Bitcoin1FgSBceUu5PNerXKykx3q3mHNRQ78Qw26QEach post gets its own unique Bitcoin address so […]