Bitcoin

Bitcoin Backers Work to Make It Mainstream

When Bitcoin emerged five years ago, it was the payment system many geeks and enthusiasts had dreamed of: an international, decentralized, anonymous, and transparent virtual currency that could potentially replace inefficient traditional ones. But even...

Does Bitcoin Bite, Bark, or Bumble?

Of all the surprises and gifts tumbling tumultuously from the world's startups and programmers, none are more daunting to the casual observer than Bitcoin. What is it, really? Should I buy some? What would that...

Cash Is Trash: The Future of Mobile Payment

Just as the magnetic strip revolutionized payment by plastic credit card, near-field communication and other fast-evolving technologies will facilitate the move to payment using mobile technologies. NFC chips inside most mobile phones can transmit banking...

Kirkpatrick: Bitcoin Matters Because It Is Transnational, Nongovernmental

Bitcoin is booming. Backed by Washington and such business and Wall Street heavyweights as Virgin founder Richard Branson and Bank of America strategist David Woo, the virtual currency has emerged as a financial phenomenon, trending...

Bitcoin: Bubble? Maybe. The Wave of the Future? Definitely.

Bitcoin. The world’s newest and hottest virtual currency. It has become the story du jour for a financial media hungry for stories, and its sudden surge in recent weeks, going from a price of less...

The Hidden Secrets of the Deep Web

Early this month, U.S. officials seized and shut down a hidden but sprawling online marketplace called Silk Road, known as the eBay of illegal goods and services. More than 1.2 million transactions had been completed...

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