hi all at this point the bitcoin revolution seems to be in major force, possibly unstoppable & reaching the point of no return. one cannot even really keep up with all the major developments/ shifts, its overwhelming, but a few stand out over the last few months tracked in these links.
a few days ago Ulbricht was sentenced to life in prison. its a case of sometimes the most innovative individuals being nearly indistinguishable from criminals. Ulbricht started one of the worlds 1st genuinely virtual corporations. seems to me it does us no good to either demonize or idolize him, both are extremes. he is a multidimensional character. few will admit it but quite possibly Silk Road had a lot to do with the rising early bitcoin economy due to its massive amount of transactions. there appears to be a definite “bootstrapping” effect here. there are now very good/ detailed accounts of the whole story eg in Wired & in new book(s) coming out.[a]
wall st is seizing the day with increasing bitcoin integration into trading systems. at this point when wall st has a stake in it, one can be fairly confident it will never be ruled illegal or be subject to major/ extreme government crackdowns.[b]
the international news is somewhat surprising and something that was long speculated is now happening. argentina has a collapsing currency due to a variety of factors, and the public is switching in a major way to bitcoin. this is a pivotal, near revolutionary development, and is likely not the 1st time this will happen, possibly just the beginning.[c]
there are continued fears over bitcoin scaling, but so far the network has not experienced major issues and the genius of Nakamoto is carrying seamlessly.[d]
there are massive signs of continued adoption/growth[e], major new startups[f], and major innovation in the technology ongoing.[g]
and then there is the dark side. Fincen announced a major $700K fine against Ripple Labs (funded by many elite investors) and there are rumors of people running into trouble under asset forfeiture laws wrt cash versus Bitcoin. however few of these seem to be covered in the MSM. is it happening or is it part of new conspiracy theories about bitcoin?[i]
- a. silkroad
- b. wallst
- c. internatl
- d. scaling
- e. adoption/ growth
- f. startups
- g. innovation
- h. analysis
- i. crime
- 1. The Untold Story of Silk Road Part, Part 1 | WIRED
- 2. The Untold Story of Silk Road, Part 2: The Fall | WIRED
- 3. Ahead of Sentencing, Ulbricht Defense Argues Silk Road Made Drug Use Safer | WIRED
- 4. Silk Road from the inside: Moderator SSBD tells his story | All Things VICE
- 5. Will Putting Silk Road Founder Ross Ulbricht Behind Bars Accomplish Anything? | Stefanie Jones
- 6. Ross Ulbricht Didn’t Create Silk Road’s Dread Pirate Roberts. This Guy Did | WIRED
- 7. ‘Silk Road’ Was A Better, Safer Way to Buy and Sell Drugs | Alternet
- 8. U.S. marshals to auction 50,000 bitcoins worth $11M that were confiscated from convicted Silk Road mastermind | Daily Mail Online
- 9. The Rise and Fall of Silk Road, the Dark Web’s Amazon
- 10. Inquiry of Silk Road Website Spurred Agents’ Own Illegal Acts, Officials Say – NYTimes.com
- 11. How an Allegedly Crooked DEA Agent Got Busted for Making Money off the Silk Road | Motherboard
- 12. Silk Road Judge Denies Retrial Despite Agents’ Alleged Corruption | WIRED
- 13. Silk Road corruption case shows how law enforcement uses Bitcoin • Coin Center
- 14. Third US Marshals Bitcoin Auction Sees Increase in Bidder Interest
- 1. A Nasdaq for Bitcoin: VICE News Interviews the Winklevoss Twins About the Future of Cryptocurrency | VICE News
- 2. The Winklevoss Brothers on Gemini, the ‘NASDAQ of Bitcoin’
- 3. Nasdaq’s blockchain pilot spells the beginning of the end for lawyers
- 4. Bitcoin’s Overblown Wall Street Debut – The Daily Beast
- 5. Goldman and IDG Put $50 Million to Work in a Bitcoin Company – NYTimes.com
- 6. It’s Happening: Goldman Sachs Just Dropped $50 Million Into a Bitcoin Startup | | Observer
- 7. Swedish Digital Currency Exchange Cryex Raises $10 Million
- 8. Nasdaq will start using Bitcoin technology – May. 11, 2015
- 9. ‘Silicon Valley is coming’ warns JP Morgan CEO | America’s Markets
- 10. Wall Street’s Scrambling to Catch Up With Silicon Valley | WIRED
- 11. Bitcoin goes mainstream with Goldman Sachs’ backing – Yahoo Finance
- 12. Stock Exchanges Are Beginning to Take Bitcoin Seriously – Bloomberg Business
- 13. NYSE and Nasdaq embracing bitcoin
- 14. New York and Chicago’s big-hitters go Bitcoin | LeapRate
- 15. Fred Wilson names Silicon Valley as possible ‘next Wall Street’ during bitcoin power pow-wow – New York Business Journal
- 16. This Experiment Shows Why You Should Take Bitcoin Seriously | TIME
- 1. BBC News – Could Bitcoin ease the pain of Africa’s migrant workforce?
- 2. Bitcoin is being used by African migrant workers to send money home – Business News – Business – The Independent
- 3. Can Bitcoin Conquer Argentina? – NYTimes.com
- 4. Huobi Bridges Bitcoin with China’s ‘Booming’ Shanghai Stock Exchange
- 5. Coinbase opens UK’s first bitcoin exchange | The Times
- 6. Could Bitcoin Displace National Currency in Argentina? | Economy Watch
- 7. Sweden’s Nasdaq Exchange Approves Bitcoin-based ETN
- 8. The Isle of Man’s plan to become a Bitcoin, FinTech paradise – Business Insider
- 9. Ukraine’s 272% Hyperinflation Rate Boosts Bitcoin’s Prospects in Eastern Europe
- 10. Bitcoin Exchange in Chile Gets Funding from Government | NEWSBTC
- 11. Russian Court Overturns Ban on Access to Bitcoin Websites – Bitcoin Magazine
- 1. Near Zero Bitcoin Transaction Fees Cannot Last Forever
- 2. New Study: Low Bitcoin Transaction Fees Unsustainable
- 3. How Small Bitcoin Miners Lose on the Crypto-Currency Boom-Bust Cycle | The New Republic
- 4. Why Don’t People Run Bitcoin Nodes Anymore? — ZapChain Magazine — Medium
- 5. The capacity cliff — Medium
- 1. Bitnet Partnership Opens Up 260 Airlines to Bitcoin Payments
- 2. Bitcoin Still Confuses Bankers – Bloomberg View
- 3. Cryptocurrency Technology Set to Shake Up Correspondent Banking – Bank Think Article – American Banker
- 4. Bitcoin use switching from investment commodity to everyday currency, new data reveals
- 5. Bitcoin is still in a bear market – but its story is a long way from over
- 6. Bitcoin challenge: Photographer to live half a year on digital cash – YouTube
- 7. Winklevoss: Governments Will Adopt Digital Currency / Fox Business
- 8. 5 Reasons Why the Bitcoin Revolution has only just Begun
- 9. How Bitcoin may have more impact than the internet – Business Insider
- 10. The Bitcoin Tsunami — Boost VC — Medium
- 11. Buying bitcoin: Morgan Spurlock looks to live off online currency – CNN.com
- 12. NY Backs Bitcoin Exchange. But It May Not Fly in California | WIRED
- 13. Winklevoss Twins Eat, Sleep, Breathe Bitcoin | TechCrunch
- 1. Secretive Bitcoin Startup 21 Reveals Record Funds, Hints at Mass Consumer Play – Digits – WSJ
- 2. 21 Inc. Comes Out of Stealth Mode to Announce Record Funding of $116 Million – Digital Currency Magnates
- 3. Exclusive: Former Nike CIO joins BitReserve, a bitcoin startup – Fortune
- 1. How Bitcoin’s Blockchain Could Power an Alternate Internet — Backchannel — Medium
- 2. Behind the Ingenious Security Feature that Powers the Blockchain | Bank Think
- 3. An Algorithm to Make Online Currency as Trustworthy as Cash | WIRED
- 4. Bitstamp on Twitter: “We added 85 technical indicators to our trading interface http://t.co/2ozfFN2QCW. Hope you like it! #bitcoin http://t.co/FYwriSDv2Y”
- 5. Get Ready for the Rise of the Blockchain | Bank Think
- 6. This Digital Wallet Could Finally Get You Into Bitcoin | WIRED
- 7. Computer scientists improve privacy of Internet currency Bitcoin — ScienceDaily
- 8. Overstock Files to Offer Stock That Works Like Bitcoin | WIRED
- 9. Spare computing power: Secure, anonymous, easy way to pay for online content — ScienceDaily
- 10. Phone Companies Should Consider Bitcoin for the “Unbanked” – CryptoCoinsNews
- 11. Launching a Digital Currency Initiative — Medium
- 12. MIT to Take Over Funding of Three Bitcoin Core Developers
- 13. Ten more years of real money? — ScienceDaily
- 1. Opinion: Bitcoin May Be What Gets Us Real Net Neutrality | WIRED
- 2. Exclusive – IBM looking at adopting bitcoin technology for major currencies – Yahoo News UK
- 3. MasterCard Names Cryptocurrency as Major Competitor in New Report
- 4. How Bitcoin Will End World Poverty / Forbes
- 5. Citi Economist Says It Might Be Time to Abolish Cash – Bloomberg Business
- 6. Why One Bitcoin Developer Thinks Cryptocurrencies Have A Dreadful Future — ZapChain Magazine — Medium
- 7. Bitcoin Is The World’s Most Dangerous Idea
- 8. the next generation of currency/ the future of money
- 9. Top Japanese Investor: Cryptocurrencies Key to Financial Revolution
- 10. Richard Branson to Host Bitcoin Summit on Private Island
- 11. Richard Branson Holding Digital Currency Summit on Private Caribbean Island
- 12. New Bitcoin Movie Introduces You To The Many White Dudes Working On Bitcoin – Forbes
- 13. Decoding the Enigma of Satoshi Nakamoto and the Birth of Bitcoin – NYTimes.com
- 1. FinCEN Fines Ripple Labs Inc. in First Civil Enforcement Action Against a Virtual Currency Exchanger
- 2. How Rogue U.S. Agents Allegedly Shook Down Mt. Gox – The Daily Beast
- 3. One year later, we’re no closer to finding MtGox’s missing millions worth of bitcoins | PCWorld
- 4. Feds Unveil New Surveillance Tool Developed by DARPA that Could Kill the ‘Dark Web’ | Independent News
- 5. Digital Currency Platform PayBase Accused of Absconding with Customers’ Money | Motherboard
- 6. Bank of the Underworld – The Atlantic
- 7. IRS Seized $107,000 From Him. He’s Fighting to Get It Back.
- 8. JM Wagner Bitcoin Civil Forfeiture case, Boulder CO
