Category: Opinion

IRS Coinbase Request

IRS Wants Information on CoinBase Users

IRS Requests Data on Coinbase Users In an ongoing IRS’s effort to fight tax evasion the Internal Revenue Service working with a federal court has forced Coinbase, a major bitcoin wallet service company to hand over personal information of their users. They’ve targeted those who have made transactions between the...

Donald Trump Bitcoin Peter Thiel

Will Donald Trump Encourage Bitcoin with Peter Thiel?

Bitcoin Proponent Peter Thiel Appointed to Presidential Transition Team by Trump Donald J. Trump shocked the world as he assumed the role of leader of the free world in last Tuesday’s election. This happens amongst growing unrest about government abuse, primarily that Donald Trump will be President of the USA. Heightened levels...

monero price spike

Monero Price Spike Drives Interest

Monero’s Price is Skyrocketing… Monero has remained relatively unknown since it’s creation in April 2014. A recent surge has caused the price to skyrocket from ~5$ a monero to more than $8 monero in a week. Currently it sits at $10.59 at time of writing, September 24. Monero’s price rise...

santander bitcoin brazil

Santander Brazil Concerned About Bitcoin

Is Santander Cautious of Bitcoin? Bitcoin has been questioned by a majority of the public since it’s inception in 2009. Initially it was viewed as a joke, a fughazi, made-up. But as adoption skyrocketed across the world during the economic panic from 2008, people started to change their minds. Prices skyrocketed and...

Ether hack Dao theft

Ether/DAO Hack: Is Ethereum Dead?

Ethereum’s DAO Hacked… Here’s the How, Why, and When If you haven’t heard already, the DAO part of the ethereum network has been hacked. Funds have been draining from the fund since the hack, totalling nearly 60$ million. This hack exploited a recursive calling vulnerability. Essentially the hacker split transactions...

Erik Voorhees Shapeshift Hack Interview

Interview with Shapeshift.io CEO: Erik Voorhees

Interview with Shapeshift.io CEO: Erik Voorhees Shapeshift.io is our premier choice for converting (read: exchanging) cryptocurrencies. It is an invaluable tool for anyone interested in diversifying cryptocurrency holdings. Our preferred method is obviously direct, but Shapeshift has beat our expectations time and time again. With the recent shapeshift hack, many...

Bitcoin Greek Crisis

Can Bitcoin Help the Greeks in Crisis?

Will Bitcoin Save Greece from it’s Economy’s Problems? What is the Greek Crisis? I can’t walk five minutes in New York City without hearing someone mention the Greek Crisis, and the possibility of the “Grexit” from the Euro. All this news about the Greek Crisis is driving the Cryptocrooks crazy. As the...

Biggest Bitcoin Heist Theft

Biggest Bitcoin Heists

Biggest Bitcoin Heists Bitcoin has gained a notorious reputation since mainstream media caught wind of heists in 2009. Mt Gox scandalmay be one of the most infamous accounts, but there are plenty more examples. Billions of Bitcoin are still “missing” in todays economy, which may lead to the higher price....

BitcoinMarketCap

Crypto Coins as a Reserve Currency

Crypto Coins as a Reserve Currency It’s no secret that we are advocates of Bitcoin and the underlying Blockchain technology behind it. There are almost countless other cryptocurrencies that exist but in our opinion they are insignificant for the time being save maybe a handful of them. Thats why we...

Why Bitcoin?

Why Use Bitcoin?

Why Use Bitcoin? Bitcoin may be one the most important thing to arise from the internet since Google Bitcoin has been a buzzword lately, coming into every major new outlet. From Bloomberg, to Wired, The New York Times, Wall Street Journal, and others, the media is having a field day...

Will Ethereum over-shadow Bitcoin?

Ethereum is more than a Cryptocurrency Ethereum is a decentralized network, much like Bitcoin. It utilizes blockchain technology to do this. Ether is the main cryptocurrency of the Ethereum network. Ethereum was announced by Vitalik Buterin in 2013, with the network going active around July 2015. Ether was for sale prior to the...

cyber crime bitcoin extortion

Bitcoin Crime: Bitcoin Extortion on the Rise

Bitcoin Ransom Extortion an Increasing Problem 21st century Digital Extortions on the rise with Bitcoin at the Center Bitcoin Ransoms in Lieu of Duffle Bags of Cash One way people have been using or should I say misusing Bitcoins is through demanding ransoms from people with crypto coins as the...

what is openbazaar

What is OpenBazaar?

OpenBaazar is a free and open marketplace for the digital age… No fees, no restrictions, No middlemen. OpenBazaar is most important thing to happen to Bitcoin (Since the Silk Road) Yes, the Silk Road was used to buy and sell drugs, let’s get that distraction out of the way. The vital...

Marijuana Dispensary Bitcoin

Will Bitcoin fix Marijuana Dispensary Banking Issues?

Piles of Cash Make Colorado Dispensaries a Target Colorado dispensaries are piling cash higher and faster than they thought. The problem lies in Federal laws, which prohibit banks from knowingly holding cash earned from Schedule I drugs, making marijuana dispensaries prime ground for cryptocurrencys. Recreational Marijuana is Legalized in Colorado...

Hollywood Hospital Targeted in Extortion Plot over Hacked File

Hollywood Presbyterian Medical Center; a Hollywood hospital, had its electronic patient records hacked and held hostage chose to give in to ransomer demands and pay $17,000 in bitcoin to retrieve the ransomed records. Hollywood Presbyterian Medical Center staff noticed issues accessing its computer network on Feb. 5. The price to regain access...