Obsession, marriage in the block chain, and bitcoins being broadcast over the radio; these are just some of the things that are happening in our bitcoin round-up of news stories this week. Sit back, relax, and read over some of the top news in this week’s Blockchain recap!
Bitcoin Thinking image via Coindesk.com
It’s hard not to be captivated by bitcoin. So many things about the digital currency are novel and the technology of the block chain is so complex that many who become acquainted with bitcoin eventually end up enthralled. We all have an idiosyncratic passion for bitcoin, and thus we may have more in common than you’d expect. Here are 24 signs you’re obsessed with bitcoin.
At the conference Coins in the Kingdom, a Bitcoin event held at DisneyWorld, Jeffrey Tucker will be officiating at the first-ever marriage done on the block chain. The couple will be using the block chain as a public record of their marriage.
BitPay revealed their relationship with PayPal which is set to increase the adoption of bitcoin worldwide. The first project they have completed is an integration with PayPal’s Payments Hub, which is their alternative payments platform for digital goods. Customers with a bitcoin wallet will be able to pay participating merchants in bitcoin for games, music, videos, news, ebooks, and other digital content.
“We’re building a register so that sellers can accept a credit card, so they can accept cash, so they can accept a cheque, so they can accept Bitcoin and so they can accept any form of payment that comes across the counter including future ones and burgeoning ones like Apple Pay,” said Square CEO Jack Dorsey.
Greenpeace USA has announced their United States-based operation will begin accepting bitcoin donations today, becoming one of the first major international charities to accept the digital currency.
Nicolas Cary, CEO of Blockchain, gave a very enthralling talk at the recent Inside Bitcoins London conference, where he covered all things bitcoin, the development of bitcoin, and shared some interesting stories regarding bitcoin from all over the world.
Technology that could enable Internet-less Bitcoin transactions is no longer merely theoretical. A team of programmers is successfully piloting Kryptoradio, the experimental software that broadcasts Bitcoin over a national Finnish television network.
Parents are dispensing allowances in bitcoins so their kids learn to be digital citizens. “If I was a father in 1995, I’d want my children to learn programming and to navigate on the Internet,” he said. “Fast forward about 20 years, and we have this technology, where bitcoin as a currency is just one application. It would behoove a parent to expose their children to this changing world.”
Nestled between Ireland and England is the Isle of Man, a self-governing country with a population of just over 80,000. It’s now attempting a hat-trick with crypto-currencies like Bitcoin. It could be a huge boost to an economy which is already punching well above its weight.
The Bitcoin frenzy seems to have reached new heights lately, spurred by a growing user base, price volatility, and the rapidly evolving network of Bitcoin-related companies. Deloitte weights in on bitcoin, writing an in-depth analysis about the digital currency and it’s benefits.
Bitcoin illustration by CoinTelegraph.com
Pioneering European Bitcoin payment facilitator Coinify has announced a multi-million euro funding deal with Danish firm SEED Capital, along with two partner acquisitions, it has announced.
In a news release, the United States Commodity Futures Trading Commission (CFTC) announced plans to hold a meeting at its headquarters in Washington, D.C. next month to discuss Non-Deliverable Forwards (NDFs) and bitcoin.
This Q&A series is where we ask friends, influencers, and Bitcoin enthusiasts for practical advice, opinions, and anything and everything cryptocurrency. For this fourth installment we asked about extra precautions and safeguards for online wallets.
GMO Payment Gateway (GMO-PG) has partnered with bitFlyer to provide its 48,000 online merchants the option to accept bitcoin starting later this year. GMO-PG specializes in providing payment services to e-commerce platforms and mobile content providers.
Serrano Street – Calle Serrano – a shopping boulevard crossing Madrid that features prestigious international brands like Chanel, Prada and national ones like El Corte Ingles, has been making headlines thanks to the #Callebitcoin project. The project aims to turn this street into a resource for Bitcoin users, and hopes to then see the experience replicated in other Spanish cities, setting an example across the Spanish speaking world.
The Federal Trade Commission has filed a civil lawsuit against Butterfly Labs (BFL), an embattled Kansas-based Bitcoin miner manufacturer. The FTC alleges that the company engaged in fraudulent and deceptive practices.