Articles related to the peer-to-peer digital commodity/currency called Bitcoin.
MS: Today I’m speaking with Dr. Hannes Alfven of the Tesla Electric Power Collective. Dr. Alfven joins us from the future to discuss events that will soon be unfolding in our time. Dr. Alfven please introduce us to yourself. HA: I’m a plasma physicist from the year 2090. I have a doctorate in electrical...
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Why in the world are libertarians running around demanding government return to a gold standard? I have a couple of questions for libertarian goldbugs in the Ron Paul camp. 1. What possible motivations would government ever have for doing so? 2. What makes anarchists think the government would ever listen to their pleas? The...
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Georgia attorney John William Nelson explains why Bitcoins don’t meet the legal definition of a security under federal securities law; which therefore means they lie outside of the SEC’s ability to regulate and control them. A snippet of the full article: There are questions as to whether Bitcoin falls under the regulations of federal...
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Doug Casey of Casey Research recently conducted an interview where he spoke about Bitcoins to Louis James, Editor of the International Speculator. In the interview, Casey makes a few claims that had me yelling at my computer screen. It is important to remember that Casey has a vested interest in promoting a gold standard. His company,...
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After reflecting upon the recent articles I have written where I have defended the new peer-to-peer currency called Bitcoin from attacks by gold standard advocates, I feel it is time stop taking a defensive role and make a few offensive jabs at the much vaunted gold standard. In my articles I have spent a...
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A video reading of this article can be found here. I’m going to start off with a simple example of how and why Bitcoins act as trade facilitators and move forward into comparing when more complex transactions take place. Then I will analyze the properties of Bitcoins that make them act as facilitators of...
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Adam Vs. The Man hosts Stefan Molyneux to discuss the new peer-to-peer currency Bitcoin. Learn more about it here.
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As many of my regular readers know, I’ve already written a few articles on Bitcoin that explain why it is money. In those articles I have addressed why the inherent properties of Bitcoin give it value as a medium of exchange. One of those properties that I mentioned, but did not go into very deeply, is...
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The war against sanity has claimed another victim. This time the victim was a Bitcoin miner who had excessively high power consumption for his home due to him running several mining rigs. Computer World reports: Blogger Mike Esspe captured an IRC chat that supports the rumor floating around that at least one Bitcoin miner has been arrested....
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The terrorist authoritarian you call Senator Charles Schumer has recently been spotted in the media screeching that the website The Silk Road be shut down due to its peddling of illicit drugs. The terrorist says, “Literally, it allows buyers and users to sell illegal drugs online, including heroin, cocaine, and meth, and users do sell...
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