• The defeat of the COIN Bitcoin ETF turned out to be the story that wasn’t. Yes, it caused a sharp dip in the market, but this was filled within hours on Friday evening. Some say this is not a big deal because other ETF proposals wait in the wings. But the evidence says they will suffer a similar fate. ‘Significant Markets for Bitcoin are Unregulated’ Let’s take you back to Friday afternoon. The decision on

    Any Bitcoin ETF Gaining Approval in 2017? Don’t Bet On It. Here’s Why

    | 2017/03/14 4:00 am
  • Many within the Bitcoin community are pretty upset about the Winklevoss ETF being turned away by the SEC. If you are among them, buck up, little camper! I’m going to reveal several reasons why Bitcoin is better off without the passage of the COIN ETF. [This is an op-ed article. Viewer discretion is advised.] Bitcoin Must Be Regulated…to Be Regulated First things first, let’s review yesterday’s ruling by the Securities Exchange Commission. Here is the

    6 Reasons Why The ETF Defeat is a Major Win For Bitcoin

    | 2017/03/11 1:00 pm
  • As Bitcoin apps such as Abra increasingly bridge the fiat gap by providing more options to buy and sell Bitcoin, could physical BTMs become obsolete? Abra Adds Bitcoin as Official Currency Yesterday, Abra, a Bitcoin-based remittance app that allows users to cash out national currencies via pre-selected Tellers, announced the addition of Bitcoin as a usable currency. Although Abra has always been powered by Bitcoin, the new addition will allow users to buy, store, transfer and spend Bitcoin directly as

    Does Abra Pose a Threat to the Bitcoin ATM Industry?

    | 2017/03/10 8:30 am
  • The hottest topic in the Bitcoin space in 2017 is if Wall Street will get in the game through a Bitcoin ETF. As this decision is now just one week away, the odds of acceptance have shifted more in its favor than ever before. Bitcoin ETF Odds Highest Ever Over the last couple of months, since this decision timetable became public knowledge, the odds have been long against the ETF, brought forth by the Winklevoss Twins

    Bitcoin ETF Approval Odds Improve to 50/50 as Decision Nears

    | 2017/03/06 11:00 am
  • In what is shaping up to a historic year for the controversial, decentralized, global digital currency Bitcoin has reached the next plateau of market acceptance and value, as its is now worth over $20 Billion for the first time in history. Bitcoin was born in a log cabin in Illinois….wait a minute, that’s my Abraham Lincoln intro. Well, they both were beacons of personal liberty and freedom, so not so much of a non-sequitur. Bitcoin has

    Bitcoin Global Market Value Grows to $20 Billion for First Time Ever

    | 2017/03/02 11:00 am
  • Here’s a novel way you can use your Twitter account to earn Bitcoin from your new followers as well as other social interactions. A New Twitter Hustle for Bitcoin Here is a hustle to earn Bitcoin from your Twitter account. Credit where credit is due, the idea of charging a fee to Follow Back on Twitter came from here: I played around with this concept during my morning swim. Charge people a fee to Follow Back on Twitter. But even better,

    How You Can Earn Bitcoin From Your Twitter Followers

    | 2017/03/02 8:00 am
  • Swiss-based serviced apartment company VisionApartments has announced Bitcoin payment support for all its apartment locations around the globe. Paying Apartment Rent with Bitcoin Living on Bitcoin is becoming easier and easier every day! Yesterday, Swiss serviced apartment company, VisionApartments announced a partnership with a national Bitcoin-based startup, Bitcoin Suisse. The move will bring about the integration of Bitcoin payments for all its services, meaning that users can now pay rent in BTC. In the official announcement, Anja

    Move Over AirBnB: Swiss Apartment Rental Service Now Accepts Bitcoin

    | 2017/03/01 7:30 am
  • If something works, why change it? PayPal’s Harper Reed has dismissed “boring” Blockchain technology, choosing to stick to the traditional databases. ‘Why Don’t We Just Use a Database?’ In the midst of the “chainwashing” trend, some companies seem to be taking the high road and staying clear of Bitcoin’s underlying Blockchain technology. This is the case with PayPal which, despite its ambitions to become the dominant global online payments platform, has distanced itself from this prospect. When asked about the

    PayPal on Blockchain: ‘Why Don’t We Just Use a Database?’

    | 2017/02/28 9:00 am
  • Bitcoin’s legendary February ‘bull run’ has created an uncomfortable, but inevitable fact. There will be a day in the very near future when Bitcoin price will exceed an ounce of Gold. At that point, which will truly be worth more? Bitcoin or Gold? Bitcoin vs. Gold The answer may depend on which side of the tracks you are from. The two commodities share a lot more in common than one may think. Bitcoin is called

    When Bitcoin Price Passes Gold, Which One Will Really Be Worth More?

    | 2017/02/25 10:00 am
  • The world is still coming to grips with an inevitable future of purely digitized society. The future of the world’s monetary system is pretty important to gain control of, hence a “staff working paper” was commissioned by the Bank of Canada, the nation’s official central bank. Bank of Canada Gives ‘Lessons’ Titled Canadian Bank Notes and Dominion Notes: Lessons for Digital Currencies, the paper outlines some very original conclusions were made regarding Bitcoin, which seems to have been the target of the study. We will

    Bank of Canada Paper Concludes Bitcoin Can Be Counterfeited

    | 2017/02/22 8:00 am
  • After buying up digital currency transfer company PayCash, Daimler has signaled it may use digital currency to build up its presence in Africa. Daimler: ‘Clear Signal Of Further African Growth’ The continent is providing huge demand for transport networks, yet businesses are continually faced with financing problems, the vehicle giant told industry magazine Autconomy this week. “We are already present in over 30 marketplaces in Africa and are still expanding both our product range and

    Daimler May Use Bitcoin to Finance Africa’s Transport Demands

    | 2017/02/18 10:00 am
  • The number of Bitcoin ATM’s has surpassed 1,000th, a milestone in the history of Bitcoin that marks the continued growth of its infrastructure across the globe. Bitcoin Hits 1,000 BTM’s Today, CoinATMRadar celebrates the submission of the 1,000th Bitcoin ATM on their website. A significant moment for the website that tracks the presence of these machines worldwide, but even more so for the Bitcoin community in general. The current number of Bitcoin ATM’s currently stands at 1,002, according

    Achievement Unlocked: Bitcoin Surpasses 1,000 ATMs Worldwide

    | 2017/02/17 9:00 am
  • Travel much? Bitcoinist discovered that using Bitcoin instead of local currency gives you more Big Macs for your bits, particularly in places like Venezuela and Nigeria. Attn: Travelers & Digital Nomads It’s common knowledge that buying Bitcoin might make a great investment. It can also save you money when you use it to buy products at Amazon via Purse.io. Less well known is that using Bitcoin can slash your travel costs as well particularly in places like Venezuela and Nigeria. Both these countries

    Big Macs in Caracas, Prawns in Lagos are Cheaper for Bitcoiners

    | 2017/02/14 12:00 pm
  • Valentine’s Day is upon us! Forgot? No worries, Bitcoinist has got you covered. We are going to show you the best gifts Bitcoin can buy for all your Valentine’s Day needs! Valentine’s Day for the Bitcoinist Valentine’s Day is here and if you’re as bad with this kind of things as I am, then you’re probably looking for a last-minute gift that can fill someone’s heart without emptying your pockets. There’s only one problem, though:

    8 Valentine’s Day Gift Ideas for Everyone Who Loves Bitcoin

    | 2017/02/14 8:00 am
  • The more the world takes a serious look at Bitcoin, the more impressed they are by it. Governments and banks around the world are piggybacking off of its success to update their business models. Yesterday, another financial analyst sang the praises of Bitcoin’s future economic value. Financial Analyst, Yves Lamoureux: $25K the End Target Yves Lamoureux, president and chief behavioral strategist of macroeconomic research firm Lamoureux & Co., wrote a piece that was featured in

    Bitcoin Will Be Worth $25,000 or More – Financial Analyst

    | 2017/02/11 11:00 am
  • What is constantly an issue, both now and in the future, is the concept of regulating and understanding blockchain and digital currency technology at a government level. The U.S. Government is taking steps to better understand this industry with their new Congressional Blockchain Caucus. Blockchain Caucus Will Educate Lawmakers Spearheaded by Rep. Jared Polis (D-Colo.) and David Schweikert (R-Ariz.), this will create a soundboard for future policy creation dealing with blockchain technology and the growing world

    U.S. Congress Creates New Blockchain Caucus in Washington

    | 2017/02/10 8:00 am
  • Bitcoinist spoke with the Dutch Pirate Party Leader Ancilla van de Leest on their recent attempt to pay the Election Council with Bitcoin, their appeal with younger voters, and why they believe everybody should be free to choose the currency they want to use. Dutch Pirate Party: ‘We Need a Viable Alternative to Fiat’ Bitcoinist: Why was the Netherlands Pirate Party founded? What issues does it focus on? Ancilla van de Leest (AVL): The Dutch Pirate Party is one

    Dutch Pirate Party: The Powers That Be Aren’t Too Welcoming of Bitcoin

    | 2017/02/08 11:00 am
  • March 11th is the next milestone date in Bitcoin history, as the Securities and Exchange Commission (SEC) will decide whether to allow the world’s first Bitcoin ETF fund. So what could happen if it is approved? Bitcoin ETF Could Lead to ‘Irrational Exuberance’ If the SEC approves the Winklevoss Bitcoin Trust next month, it might set off a speculative rush into bitcoin. An easily accessed ETF (exchange-traded fund) that tracks the value of bitcoin could cause money

    If the Winklevoss Bitcoin ETF is Approved, What Happens Next?

    | 2017/02/07 9:00 am
  • More and more nations are facing the realization that Bitcoin and the world of decentralized digital currencies are not going anywhere. The United Arab Emirates (UAE) is facing this new reality with an update on their recent ban on the use of digital currencies. Emirates: Virtual Currencies ‘Prohibited’ Many nations run their economic policy through their national central (private) bank, without even the need to get approval from the national government, and this appears to

    United Arab Emirates Updates Ban on Bitcoin & Digital Currencies

    | 2017/02/02 4:00 am
  • Here are the top seven most glaring charts showing that Bitcoin adoption is not only alive and well, but is also accelerating. Bitcoin Refuses To Die If you’re one of many who believes the current financial system will go up in a mushroom cloud, then Bitcoin is the cockroach that can survive the bank apocalypse. Though it’s been pronounced dead over one hundred times by critics, the media and even by former developers, it refuses to go

    Top 7 Charts to Hit the ‘Bitcoin is Dead’ Crowd With

    | 2017/02/01 12:00 pm
  • Bitcoinist spoke to Roman Pushkin, founder of LibreTaxi, an open-source ridesharing mobile app that will soon support Bitcoin payments, to find out more about his vision for this “free alternative” for Uber and Lyft.  Ride sharing applications are becoming part of our daily lives. However, there are just some areas apps like Uber and Lyft don’t cover and a certain currency – Bitcoin, of course – that these simply do not accept as a payment system. However, new

    Interview with LibreTaxi: The ‘Free Alternative’ to Lyft & Uber

    | 2017/02/01 5:00 am
  • Bitcoin has now become a “great hedge” against the centrally-controlled banking system according to BTCC CEO Bobby Lee.  Bitcoin: Designed to Protect Your Wealth  The current debt-based, centrally-controlled banking and monetary system have created a monster, not much unlike “Frankenstein’s Monster.” Bitcoin has now become a monster the centralized power structure is trying to control. As Satoshi Nakamoto has stated before, Bitcoin was created in response to “The Great Recession” of 2007-2009 that many countries

    Rage Against the Machine: Bitcoin ‘A Great Hedge Against the System’

    | 2017/01/30 11:00 am
  • Brazilian hotel chain Vert Hotéis now accepts Bitcoin in an effort to connect with the tech-oriented crowd and after multiple customers requested to pay with the cryptocurrency.  Stay in Brazil for Bitcoin In an effort to expand their customer base and to keep up with the growing demand, Vert Hotéis has added Bitcoin to the list of accepted payment methods for three of the hotels managed by the Brazil-based company. Bitcoin is now accepted in hotels Ramada Encore Minascasa,

    Brazilian Hotel Chain Now Accepts Bitcoin After ‘Multiple Requests’

    | 2017/01/25 11:00 am