Category Archives: Bitcoin Businesses

Why You Can’t Trust Banks AND Regulators

(Reuters) – The Federal Deposit Insurance Corp sued 16 of the world’s largest banks on Friday, accusing them of cheating dozens of other now defunct banks by manipulating the Libor interest rate. The global financial institutions broke certain swaps contracts … Continue reading

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Bitcoin Regulation: East vs. West

I found two recent articles on Coindesk that, when taken together, might point to a major battle between the East and the West when it comes to Bitcoin regulation. And no, I am not talking about China! In this Coindesk … Continue reading

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Post Offices Consider Being Bitcoin Exchanges?

It would perhaps be one of the biggest ironies ever that one of the institutions hurt most by the advent of the Internet (i.e. the Post Office) could be saved by embracing another disruptive Internet technology (i.e.Bitcoin). In this article … Continue reading

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Bitcoin Is Already BETTER Regulated Than Any Government Agency Could Do

As the “regulators” in NY himm and haww about what to do to regulate Bitcoin they walk right past the forest as they look for trees. What they don’t seem to grasp and seem totally clueless to is that Bitcoin … Continue reading

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Re: Upcoming Auction Of Silk Road Coins. A Government Sponsored Bitcoin “IPO”?

With the recent court order of the forfeiture to the government of Silk Road Bitcoins (still pending an appeal if I understand correctly) a public auction of such a large amount of Bitcoin would have all the smells and sounds … Continue reading

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Is It Volatilty Or Resilience?

re·sil·ience riˈzilyəns/ noun noun: resilience; plural noun: resiliences 1. the ability of a substance or object to spring back into shape; elasticity. “nylon is excellent in wearability and resilience” 2. the capacity to recover quickly from difficulties; toughness. “the often … Continue reading

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Bitcoin, Literally, May Be “Manna”

Practically everyone, irregardless of their belief, has probably heard of the story of “Manna” from heaven sustaining the Israelites as they fled Egypt. I just remembered an old sermon I heard that said the literal translation of the word “manna” … Continue reading

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Bitcoin vs. ACH

While there has been a whole lot of discussion about the new FINCEN guidelines regarding Bitcoin, this video presents a case why it may all be a smoke screen to hide their true fear … the ACH (automatic clearing house) … Continue reading

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Why Is India Struggling To Adopting Obsolete Payment Technology?

In this BBC video http://www.bbc.co.uk/news/business-23194486, they report The use of debit and credit cards is growing at a brisk pace in India, but there has also been a rapid rise in the number of fraud cases linked to bank cards. … Continue reading

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Crowd-Source A Web Advertising Startup With Your Web Traffic For Bitcoin

While Bitcoin has caused renewed interest in what, in fact, actually constitutes money Bungeebones.com was, from its inception, always realizing that web traffic is money. And it was also built on the realization that there are many websites that leave … Continue reading

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