La bienvenida a Cuba, Bitcoin! Una transacción bitcoin ha ocurrido. Directly translated, this means: Welcome to Cuba, bitcoin! A bitcoin transaction has occurred. While this historic move isn’t quite as historic as the overturn of the more than 50-year trade embargo between the U.S. and Cuba,...
Imagine this scenario. Forget Apple Pay (many already do, it seems). Forgot debit and credit cards. In fact, cut them up. Now, go take all the money you need to live on for a year and convert it into bitcoin. And no cheating. No backup...
Bitcoin has inspired yet another technology that has some in the investor world worried that it will be used for the one thing bitcoin is commonly associated with: criminal activity. The worry is over something called smart contracts. These crypto-enabled contracts are capable of serving...
Bitcoin hasn’t exactly been Overstock’s best friend – Overstock announced in June that it lost $117k in its investments in the digital currency so far – but Overstock CEO Patrick Byrne has his own ideas for how the technology that powers bitcoin could shake up Wall...
What do Mike Tyson, the world’s hottest pop singer and the President have in common? They all starred in this week’s bizarre week of bitcoin news. But that’s not all! How about reading about the misadventures of a Brit who found himself on the wrong...
It seems like every time bitcoin takes a step forward in shaking off its somewhat nefarious roots, someone pops up to ruin it. In this case, there’s actually two someones. The U.S. Justice Department announced earlier this week (July 21) that it had charged two Florida men, Anthony...
What do Greece and Latin America have in common? They keep showing up in headlines about bitcoin. In fact, an International Business Times article yesterday titled “What Greece can learn from bitcoin adoption in Latin America” digs into the question that many have been asking for weeks: Can bitcoin help...
Up until recently, if you typed “Greece” and “bitcoin” into Google, you would not get much in return. It’s amazing what a Greek debt crisis will do for search results. Last week, PYMNTS’ Bitcoin Tracker explored how the crisis had given bitcoin a boost — as prices...
Is bitcoin the way to avert Greek’s debt crisis? Well, if you simply look at the price of bitcoin – which has been rising in lockstep with the intensity of the crisis – you might be tempted to say yes. Since late last week, bitcoin...