Facebook: Virtual Currency = Real Problems?
June 1st, 2013
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 […]
Read more »SynCurrency: From Bitcoin To Amazon Coins – A Guide To Virtual Currencies
June 1st, 2013
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 […]
Read more »SynCurrency: Bitcoin Companies And Venture Capital
May 27th, 2013
Via The Genesis Block, an interesting graphic examining the venture capitalists investing in Bitcoin companies: “…At the backbone of the bitcoin movement are a handful of visionary entrepreneurs and prescient investors. To see where the future of bitcoin is being built, we compiled a list of leading bitcoin companies and venture capitalists, focusing on the […]
Read more »SynCurrency: Coinbase Leads Charge In Bitcoin’s Consumerization
May 27th, 2013
Via TechCrunch, an interesting look at the consumerization of Bitcoin: Because why do anything other than try out hot technologies on Memorial Day, I just bought some Bitcoin. I might finally play Dots and maybe 3D-print an ear later this afternoon. I would not have bought my .1 ($13.17) in Bitcoin if it weren’t for […]
Read more »SynCurrency: Will Bitcoin Become The AOL Of Crypto Currency, And Ripple, the Google?
May 24th, 2013
Via Economic Policy Journal, a brief commentary on several emerging players in the distributed currency space: Google Ventures has put money into OpenCoin, Inc, creators of the open currency exchange called Ripple. Ripple users can trade any currency, including crypto currencies like Bitcoin, for another, without requiring any broker or third-party to facilitate the trades. […]
Read more »SynCurrency: Bitcoin Hits The Big Time, To The Regret Of Some Early Boosters
May 23rd, 2013
Via MIT’s Technology Review, an interesting report on how the first major conference for the digital currency suggests it is gaining legitimacy, but in a manner disappointing to some early enthusiasts: This past Sunday, Doug Scribner took out five $100 bills and began feeding them into what looked like a small, white ATM in San […]
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