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History: Land Of The Stone Money
If you ever go on holiday in the western Pacific it is highly recommend to swing to the Yap Island. An experience in Micronesia you will never forget! It is home of the most interesting form of money in history and called the “Land of the Stone Money”. About a thousand years ago natives mined huge pieces of limestone and carved them into gigantic circular discs (approx. 5 to 10 feet in diameter). Over a foot thick and weigh several tons. They called them "Rai Stones" and they were actually used …
BITCOIN: Misinformation - What can we do?
I see a major trend in a lot of the articles and posts that say Bitcoin will never work and will crash to the ground. They don't understand it. Nothing makes me more furious than people and article bashing something that doesn't have half the facts right.
People are afraid of the unknown, and that fear is fueling the misinformation about Bitcoin. What can we do about it?
There is no media department for Bitcoin, because Bitcoin isn't a company. You and I are that media department. It's up to us …
People are afraid of the unknown, and that fear is fueling the misinformation about Bitcoin. What can we do about it?
There is no media department for Bitcoin, because Bitcoin isn't a company. You and I are that media department. It's up to us …
BITCOIN : Mt.Gox closed
The Tokyo-based Bitcoin exchange Mt.Gox now closed permanently. They confirmed rumors that they had lost track of nearly half a billion dollars' worth of bitcoins. On Friday, the operator presented a bankruptcy petition. Uncertain future for the digital currency?
The largest trade platform for the digital currency Bitcoin, Mt.Gox, has filed for insolvency. Debts of around 6.5 billion yen (46.6 million Euros) as reported. They are primarily for payments on the Internet to use . Last year the rate…
The largest trade platform for the digital currency Bitcoin, Mt.Gox, has filed for insolvency. Debts of around 6.5 billion yen (46.6 million Euros) as reported. They are primarily for payments on the Internet to use . Last year the rate…
BITCOIN: The Most Important Alternatives
Peak rates and mighty problems made Bitcoin famous. But there are already more than a hundred alternatives in crypto currencies. Together a value of several billion Dollars.
The digital currency Bitcoin is currently struggling with major problems. One of the major trading platforms, Mt Gox is currently closed. U.S. and Japanese investigators are interested in the process. Not good for the exchange rate of the Internet currency. Bitcoin's peak rates of over a thousand dollars a unit is far aw…
The digital currency Bitcoin is currently struggling with major problems. One of the major trading platforms, Mt Gox is currently closed. U.S. and Japanese investigators are interested in the process. Not good for the exchange rate of the Internet currency. Bitcoin's peak rates of over a thousand dollars a unit is far aw…
BITCOIN: The Lehman Momentum?
Bitcoin Exchange MtGox* goes dark after theft report. The largest exchange for the internet currency abruptly stopped trading on Tuesday. What has happened? Supposedly, 744,000 Bitcoins have been stolen in recent years by a vulnerability in the log.
Bankrupt or a made off to the Caribbean? Wild rumors are circulating on the internet there. Great fear is about that the stock market went bankrupt. No reaction on inquiries by phone or e-mail at MtGox.
A disaster…
Bankrupt or a made off to the Caribbean? Wild rumors are circulating on the internet there. Great fear is about that the stock market went bankrupt. No reaction on inquiries by phone or e-mail at MtGox.
A disaster…
BITCOIN: First U.S. Bitcoin ATMs to open soon
The first ATM for the Internet currency Bitcoin are planned in the U.S.A. Bitcoin balances are paid in US Dollars. Robocoin announced on Tuesday to take in operation similar to ATM's devices in Seattle and Austin this month. These will work like conventional ATMs. They have scanners to read ID cards such as a driver's license or a passport to confirm users' identities.
You will be able to withdraw US Dollars or you can buy Bitcoins for US Dollars. Robocoin installed its Bitcoin ATM in Vanc…
You will be able to withdraw US Dollars or you can buy Bitcoins for US Dollars. Robocoin installed its Bitcoin ATM in Vanc…