Rob Wile — Business Insider
Last week we told you how Texas Rep. Steve Stockman (R-Texas) became the first sitting elected official in Washington to accept Bitcoin for his 2014 campaign against Sen. John Cornyn.
Dan Backer is going to make sure Stockman is not the last.
By Andrew Couts — Digital Trends
The rise of Dogecoin and the soon-to-launch Coinye West (yes, it’s named after the rapper) made it seem as though almost anyone can create a Bitcoin competitor. Now, with the launch of a clever and simple tool, that is actually true.
by Ingrid Lunden — Tech Crunch
Gaming giant Zynga has started to accept the cryptocurrency as a payment option for those buying tokens for virtual goods on the web versions of FarmVille 2, CastleVille, ChefVille, CoasterVille, Hidden Chronicles, Hidden Shadows and CityVille. It makes Zynga the first major gaming company to accept Bitcoin.
By
WASHINGTON –Cody Wilson isn’t afraid of legal gray areas, whether they’re do-it-yourself firearms or anonymous online money.
Last year, the Austin resident and former UT law student posted plans for a 3D-printed plastic handgun online along with a video demonstrating the weapon. He took the plans down days later, after the State Department ordered them removed.
Continue reading “3D-printed gun advocate Cody Wilson announces bitcoin venture” »
Rob Wile — Business Insider
Rep. Steve Stockman (R-Texas) is the outsider’s outsider — what other Texan would spend a freezing New Year’s hundreds of miles away in New York City?
But there he was last night at the launch event for the NYC Bitcoin Center, located just up the street from the New York Stock Exchange.
Overmanagement by Mr. Andres Agostini
This is an excerpt from the conclusion section o, “…Overmanagement…,” that discusses some management strategies. To read the entire piece, just click the link at the end of article:
BEGINNING OF EXCERPT.
Question: What other contemporary issues particularly concern you? Do you find signs of
hope or resistance around these issues that, perhaps, you finding heartening?
Bitcoin miner Milly Bitcoin has done a little citizen letter-writing, and the results should make virtual currency miners breathe a sigh of relief. Milly Bitcoin’s mining company Atlantic City Bitcoin last June wrote to the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) requesting an official administrative ruling on whether ACB must register as a money transfer service. FinCEN has now replied, and the answer is no.
ACB requested the ruling because there has been much confusion as to whether mining — and spending the proceeds — constituted a money transfer service. This may seem a ridiculous question to virtual currency aficionados, but the confusion arose because some businesses dealing in virtual currencies do indeed operate as money transfer services. Mining and spending virtual currency, however, is not a transfer service. Such was the ruling by FinCEN.
by J.M.P. — The Economist
A GROUP of self-described anarchists, libertarians and Ron Paul supporters fleeing the crumbling world economic system have founded Galt’s Gulch, a community in Chile inspired by Ayn Rand’s “Atlas Shrugged”—and with an economy based entirely on Bitcoin. Or that’s the goal, anyway.
“Our farm workers and suppliers still want to get paid in pesos,” Ken Johnson, the project’s founder and managing partner, explains. “But Bitcoin as the John Galt coin? Why shouldn’t it be?”
