Bitcoin: Where do we go When the Lights go Out?

On June 8, 11:32 a.m. ET., the NYSE halted trading due to ‘technical difficulties’. In a remarkable turn of events, the world stood and watched all of the global markets. There was mention of 11 markets trading smoothly, however NYSE did not resume trading until 3 p.m. ET. Curiously, amidst the sovereign debt crisis in Greece on this same...

The Power Of Decentralization For Consumers

In the current age of digital technology, the digitization of nearly everything has led to some incredible innovations and increased efficiency and cost reduction for modern day business. Because the marginal cost of an additional unit of a digital good/service is nearly zero, businesses can save a lot of money as time passes by using digital goods or services...

Gold-Backed Cryptocurrencies: Innovative or Redundant?

The debate between Bitcoin and gold is often waged by two opposing sides: those who believe that Bitcoin is the future currency of the world, and those who think gold is the only alternative to fiat. However, there is a third-party in this discussion -- although they are a minority in the cryptocurrency community. Also read: Gold Takes a Backsesat...

Bitcoin Could benefit The Six Pillars of Underbanked People

Bitcoin and digital currency are often heralded as “the tool to help the underbanked”. And even though there are several companies focusing their efforts on the underbanked, that term is being used quite loosely these days. But who are these underbanked people, and how could Bitcoin improve their daily lives? Let’s find out. The Six Categories of Underbanked People When people...

Legal Fears Slow Ross Ulbricht Appeal Fundraising

Editor's Note: This article has been updated to correct an inaccuracy. The Crypto Show is a radio show -- not a podcast -- which is broadcast on 89.1 FM in Austin, Texas. We have also added Lyn Ulbricht's and Cody Wilson's comments regarding Ghost Gunner's legality.The Crypto Show, a popular cryptocurrency radio show, began a StartJoin crowdfunding campaign for...

China’s Bleeding Stock Market

While many eyes are watching Greece, another large market bleeding. China's stock market opened on Sunday, July 5, 2015, following an incredible three week plunge, losing $2.36 trillion in market value. Many investors wonder if the losses in Chinese markets will billow outwards towards other countries. Also read: Gold Takes a Backseat to Bitcoin During Greek Debt Crisis Frederic Neumann of...

Deadline for Filing MTGox Bankruptcy Claims Extended

On April 22, 2015, the MtGox bankruptcy trustee initiated a process enabling MTGox users to claim their lost funds. The trustee created a system that enabled users to file claims against MtGox in order to try and retrieve their lost funds. The deadline to file claims against the bankrupt bitcoin exchange was set to end on the 29th of...

BitMessage – A Proper, Decentralized, Peer-to-peer Social Messaging Platform

Bitcoin’s underlying blockchain technology is a cause of many amazing technological breakthroughs, most of which we have yet to discover. But while the search for the “next big thing” is underway, several companies have tried their hand at combining Bitcoin and social messaging. However, most of these platforms are built on top of pre-existing platforms. BitMessage is one of...

Gold Takes a Backseat to Bitcoin During Greek Debt Crisis

For the first time in history, gold has taken a backseat to Bitcoin during a financial crisis. Currently, Greece is in economic turmoil; banks have closed, ATMs are inoperable, and credit cards have been shut off. Greek Finance Minister Yanis Varoufakis stepped down on July 6, as his country voted "nay" to demands from an international lenders referendum. Many in...

European Head of Data Protection Calls For Less Invasive Surveillance Measures, Blockchain Technology A Powerful Ally?

One of the more pressing debates in the world of technology is the trade-off between security, privacy and convenience. Especially on the end-user level, convenience seems to trump both privacy and security more often than not. But if the European Head of Data Protection has a say in the matter, that might be about to change very soon. The Fight...