• For Bitcoiners, Purse.io seems to be one of the best options for spending Bitcoin for goods, as Amazon carries almost anything you would want to buy. In addition to the ability to spend Bitcoin on Amazon products, Purse.io allows you to choose a discount rate between 1-50%. However, since Purse acts as an escrow service, it is extremely unlikely that you will be able to get a 50% discount on anything. In past transactions with

    Purse.io: Purse Instant and Choose Your Discount Review

    | 2015/06/06 5:26 am
  • Many Bitcoin enthusiasts around the world are keeping a close eye on the developments being made in the mobile payments industry. Cashless transactions are on the rise in several countries around the world, and the shifting paradigm leaves the door open for alternative payment methods to gain a foothold. While Apple Pay may seem to be a strong contender, a recent security vulnerability may have you think twice about using it. And that gives Bitcoin

    iOS Vulnerability Spoofs Apple Pay, Bitcoin the Better Option?

    | 2015/06/05 9:40 pm
  • Brilliant minds around the worth are continually exploring the options and possibilities associated with Bitcoin technology. One of the things where Bitcoin could play a major role is in the world of finance, as digital currency works the same way around the world, regardless of any country borders. Could micro-financing become a future use case for Bitcoin? Let’s find out. Also read: Kraken Introduces Margin Trading Bitcoin Is Suitable for Peer-to-peer Lending It is not

    ProudSource Puts New Spin on Bitcoin Peer-to-peer Lending

    | 2015/06/05 8:00 am
  • Trust is a component in both gold currency and Bitcoin, although working in two fundamentally different ways. With gold, trust is almost always required, be it in mining, minting, or banking. On the other hand, with Bitcoin, mandatory trust only enters the equation with a centralized mining network. All other trust requirements with Bitcoin occur when an individual voluntarily gives a company or other person control over his or her coins. Also read: Is Bitcoin Better

    Is Bitcoin Better Than Gold? Part Two: Trust

    | 2015/06/04 3:00 pm
  • Bitcoin is often advertised as an anonymous digital currency that offers a high level of user privacy. People can hide their identities behind a wallet address, and generate additional addresses if needed. But is Bitcoin as anonymous and privacy-centric as uneducated people assume? The answers might surprise you. Also Read: All About: The Blockchain Part Six Anonymity vs. Pseudonymity Right now, there is a decent level of customer privacy in business. But it only exists

    Bitcoin is Not Anonymous and Lacks Privacy

    | 2015/06/04 8:00 am
  • Bitcoin is a great way to move money around the world, and it is also a movement that wants to decentralize all services. However, the digital currency has not been embraced fully just yet, due to identity and reputation management, which could not be decentralized up until now. Trust remains an important factor, and people don’t trust decentralized platforms just yet. One of Bitcoin’s positive aspects is that there will be no disputes when things need

    Bitrated to Bring Reputation to the World of Bitcoin

    | 2015/06/03 7:00 pm
  • In New Jersey, two legislators have brought a bill to the state legislature (A4478) that will create a regulatory framework for Bitcoin-related companies. Both the legislators and some in the Bitcoin community have touted the bill as a positive step towards bringing the cryptocurrency to the mainstream. Also read: 12charge Allows You to Pay for Utilities and More With Bitcoin A4478, alternatively titled the “Digital Currency Jobs Creation Act,” was introduced with the purpose of

    Legislators to Introduce Pro-Bitcoin Bill in New Jersey

    | 2015/06/03 3:00 pm
  • Editor’s note: This article contains links that may be NSFW. Click at your own risk.  Bitcoin enables users to keep a certain level of anonymity when conducting business on the internet. When buying items from someone in a digital form, there is no need to disclose any of your personal information. When it comes to online gaming or gambling, Bitcoin allows people to game without leaving evidence on credit card statements. Now, Dream Lover allows

    Dream Lover: Models Sending Pictures for Bitcoin

    | 2015/06/02 8:00 am
  • Extending the uses of digital currencies should be the main goal for the digital currency community at this point in time. To help achieve this goal, companies like 12charge.com are hard at work in order to ensure that they come up with exciting ideas, meant to broaden the amount of people who use Bitcoin and other digital currencies. Disclaimer: This article was provided by Bitcoin PR Buzz. Bitcoinist is not affiliated with 12charge and is not

    12charge Allows You to Pay for Utilities and More With Bitcoin

    | 2015/05/31 6:00 pm
  • Earlier today, I had the chance to speak with several merchants accepting Bitcoin payments for a while now. My main concern was whether or Bitcoin is being used by customers on a regular basis, and if so, whether or not there were any noticeable trends occurring. I did learn one thing though, Bitcoin is fine in terms of supporting merchants but needs to convince everyday users to work with digital currency. Also read: Ghent Bitcoincity:

    Bitcoin Usage Low Due To Disinterest From Consumers (Op-Ed)

    | 2015/05/29 7:00 pm
  • ChainPay has been covering a lot of ground in the five short months since its launch. Most recently, ChainPay has reached a partnership with Payment Goblin, allowing customers of Payment Goblin to accept Bitcoin with no changes to branding. Also read: James Carter of AltXE Discusses ChainPay Specializing in enabling merchants to accept Bitcoin, ChainPay allows companies to accept Bitcoin in a seamless fashion by supporting most e-Commerce packages (like Shopify and Magneto) or by using its API to

    ChainPay Partners With Payment Goblin, Users Can Accept Bitcoin

    | 2015/05/28 11:59 pm
  • Roger Ver nicknamed Bitcoin Jesus, an early American investor in Bitcoin at Coyote WallStreet, and Peter Smith of Blockchain will be the keynote speakers at Pioneers Festival, Europe’s major conference for tomorrow’s ideas. The event brings together the smartest startups with corporations, media and investors eager to support the next big thing. Also read: MasterCard Send: New P2P System Offers Near-Instant Transfers The organizers of Pioneer Festival inform that more than 1,600 startups from 90+

    Roger Ver and Peter Smith of Blockchain to be Keynote Speakers at Pioneers Festival

    | 2015/05/28 9:34 pm
  • The United Kingdom, is often one of the friendlier places when it comes to Bitcoin legality, especially when compared to US regulation, such as the New York BitLicense. Citi, a global banking and financial corporation, recommended that the UK take its acceptance one step further with the creation of a UK cryptocurrency. Also Read:Are Wall Street and The Banks Trying to Circumvent the Bitcoin Blockchain? In a document submitted by Citi to the British government, Citi

    Citi Suggests UK Government Create its Own Digital Currency

    | 2015/05/27 7:00 pm
  • At this moment in time, the use of Bitcoin can be considered overwhelming for those that do not have a solid background in the digital currency and know what it really is about. With this in mind, there are a large amount of elements that have to be considered when switching from fiat to the cryptocurrency, but also some boundaries that can halt the adoption. However, the appearance of certain apps such as SendChat is

    SendChat Crowdfunding Begins, Send Bitcon Through Instant Messages

    | 2015/05/25 10:07 pm
  • Decentralized applications, also known as Dapps have the potential of changing the way we interact with our devices and the main uses of the Internet. However, their development is costly and many developers are discouraged by the lack of resources they can use in order to craft their projects. Disclaimer: This article was provided by Bitcoin PR Buzz. Bitcoinist is not affiliated with NXT and is not responsible for its products and/or services. As the

    Corona Promotes Bitcoin 2.0 and Provides Funding for Developers

    | 2015/05/25 8:15 pm
  • Update:  Clarification from Mr. Ver Roger Ver claims that the CEO of OKCoin forged a contract and then forged his name onto it; PGP cryptographic signatures have proven it to be a forgery. He says OKCoin going to such extremes so that it can get out of a $10,000/month payment. According to him OKCoin is already insolvent and doesn’t have the money.   Though OKCoin in its official blog post says it is abandoning the

    To Avoid Legal Hassle With Roger Ver, OKCoin Stops Managing Bitcoin.com

    | 2015/05/23 12:57 am
  • VeraCrypt, free disk encryption software bought from IDRIX, is now accepting Bitcoin donations. Based on TrueCrypt, VeraCrypt adds enhanced security to the algorithms used for system and partition encryption, which supposedly makes it immune to new developments in brute-force attacks. VeraCrypt decided to accept Bitcoin donations upon request from members of the Bitcoin community. Also Read: SendChat Tightens Bitcoin Security With BlockTrail Partnership is a source-available freeware utility used for on-the-fly encryption (OTFE) to create

    VeraCrypt, The TrueCrypt Replacement Now Accepting Bitcoin Donations

    | 2015/05/21 7:00 pm
  • BitPesa has made a name for itself in the world of Bitcoin-enabled remittance services. Up until this point, though, most of BitPesa’s efforts have been focused on Kenya, one of the most underbanked countries in the world. But yesterday, the company announced its expansion into Tanzania. Also read: BitPesa Raises $1.1 Million to Expand to New African Countries BitPesa: Sending Money To and From Africa Made Easy The remittance market is being dominated by a handful

    BitPesa Expands Bitcoin Remittance Service to Tanzania

    | 2015/05/21 3:00 pm
  • Kraken, a popular San Francisco-based cryptocurrency exchange, announced on Wednesday on the /r/BitcoinMarkets subreddit that its new margin trading option entered Beta launch. The launch of this option comes right after another popular exchange, Poloniex, opened a similar feature a few days ago. Also read: Bitcoin Exchange Kraken Revamps Their Website for Margin Trading What is Margin Trading? Margin Trading is the practice of buying stock with money borrowed from a broker. In this arrangement, the investor makes a

    Kraken Introduces Margin Trading

    | 2015/05/21 8:00 am
  • In recent weeks, we have seen an increased level of interest in Bitcoin in South American countries, such as Argentina. Is this the beginning of a Bitcoin boom in South America, or should we be more realistic? Also read: Chip Chap Lets You Buy Bitcoin From 5,000 Major Retailers South American Governments Wary of Bitcoin South American countries are notorious for their history financial instability. Not only are most countries plagued with hyper-inflationary local currencies such as

    Bitcoin in South America: Progress in the Face of Criticism

    | 2015/05/20 3:00 pm
  • A note from the Editor: In recent months, Factom has made a splash in the Bitcoin community. The goal of the Factom project is to create a “scalable data layer for the blockchain.” Essentially, the team wants to create a blockchain-based data management system that streamlines and simplifies businesses’ record-keeping systems.  Factom has displayed the potential of their project through a proof of concept project that stored the entirity of Project Gutenberg on only four hashes of

    Exclusive Interview With Factom CEO Peter Kirby

    | 2015/05/18 3:00 pm
  • We recently published an article about blockchain-esque technology and its uses for a couple sectors. What we mean by “blockchain-esque” is that tracking, ownership of goods, etc. can be traced through an open database. This “database”, some might call it the world’s largest filing cabinet, can be utilised by everyone. For example: If you buy a new pair of Nike’s and you want to know where they came from and if they were created ethically.

    Bitcoin Blockchain Technology, Insurance and Police

    | 2015/05/17 8:00 am