Monday, April 30, 2012

Bitcoin Explained

These videos were written and produced by Bitcointalk forum member hazek. They're compiled here for easy access. If you find the videos worthwhile, please tip their creator. 1MYx9ovWCYgc1JZCrdTK2forQcsurezC7w

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Saturday, April 28, 2012

Bitcoin Horse to Run First Race on May 2nd

Bitcoin users are a creative bunch, and rightly so, given they're using the most versatile currency ever created.

And it doesn't get more creative than this!

Using the Bitcoin Stock Exchange, forum member TTBit has sold enough "Bitcoin Interest Rights" to train a horse by the name of "Satoshi's Daemon" (ticker symbol SATOSHISDAEMON.HORSE on GLBSE).

The Bitcoin-backed bronco is scheduled to run on Wednesday at Evangeline Downs in Louisiana.  With $8700 for first place, the international consortium backing the horse could expect to see a nice dividend payout.

Try doing that with PayPal, son!

Edit: Satoshi's Daemon finished in last place. =(

Saturday, April 21, 2012

Bitinstant Hints at New Contract Allowing Bitcoins to be Purchased from 700,000 Locations Including Wal-Mart and 7-11

Have a listen to the interview below, starting at 15:45.  Exciting stuff!!!

Edit: is this going to be some sort of Bitinstant gift card?  If so, it would allow people to buy Bitcoins with credit cards and leave the chargeback liability with the merchant selling the cards!  Brilliant!

Friday, April 20, 2012

Bitcoinica Becomes Registered Financial Services Provider

Bitcoinica's boy-genius, Zhou Tong, today announced that Bitcoin has become a registered financial services provider under the laws of New Zealand.  Arguably one of the greatest Bitcoin success stories, Bitcoinica continues to thrive, and the site's new status will add legitimacy to the Bitcoin economy as a whole.

The press release can be found here: