Archive for June, 2013

SynCurrency: Bitcoin Millionaires Become Investing Angels

Via Technology Review, an interesting look at the early investors in Bitcoin who got rich and are now the cryptocurrency’s most powerful gatekeepers: Every time you spend bitcoins to buy a drink at Evr, a swanky bar in midtown Manhattan that accepts the digital currency, you make its co-owner, Charlie Shrem, just a little bit […]

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Facebook: Virtual Currency = Real Problems?

Via Kevin’s Corner, an interesting thought on Facebook’s virtual currency economy: In an act of desperation or genius ,depending on how you perceive Facebook, the company’s adoption of  a virtual currency economy may very well propel them to a much sought after IPO. Despite their creation of a “proprietary” Internet world (a topic for another […]

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SynCurrency: From Bitcoin To Amazon Coins – A Guide To Virtual Currencies

Via The Wall Street Journal, a quick primer on virtual currencies: Virtual currencies are becoming more pervasive, thanks largely to the increased popularity of bitcoin, which is being used by online merchants and some traditional retailers. But the wider acceptance is attracting law-enforcement scrutiny. But, some virtual-money firms have been mired in controversy over their […]

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