Chart Of The Day: Merkel Says Nein, Nein, Nein

Get an original edition of David Stockman’s The Great Deformation with a personal handwritten and signed message to you. Or order discounted copy from Amazon.com. — Originally appeared at: http://davidstockmanscontracorner.com/chart-of-the-day-merkel-says-nein-nein-nein/Chart Of The Day: Merkel Says Nein, Nein, Nein is a story from: BitcoinWarrior.net

Chart Of The Day: Merkel Says Nein, Nein, Nein is a story from: BitcoinWarrior.net

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Greece: now Greeks are rushing to buy bitcoins

(ANSAmed) – ATHENS, JUNE 30 – Ten times as many Greeks are registering to trade bitcoins on the German marketplace Bitcoin.de than usual, as CNN reports quoting CEO Oliver Flaskaemper as saying. Bitcoin trades from Greece have shot up 79% from their ten-week average on Bitstamp, the world’s third-largest exchange, as reported by Neos Kosmos website. Even trading platforms in China are getting interest. LakeBTC, headquartered in Shanghai, is seeing a 40% increase in visitors using computers in Greece. Over the weekend, the Polish exchange Bitcurex got flooded with emails from Greeks. Among their questions: “Is Bitcoin a legal currency in EU?”; “Can I use Bitcurex as a bank account?”; “Do you have a Bitcoin ATM network in Greece?” (ANSAmed). Originally appeared at: http://www.ansamed.info/ansamed/en/news/sections/economics/2015/06/30/greece-now-greeks-are-rushing-to-buy-bitcoins_48347661-8702-4519-a406-2d662e343ca3.htmlGreece: now Greeks are rushing to buy bitcoins is a story from: BitcoinWarrior.net

Greece: now Greeks are rushing to buy bitcoins is a story from: BitcoinWarrior.net

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Bitcoin Documentary Brings Cryptocurrency Back to Political Roots

By Kyle Torpey Jun 30, 2015 1:00 PM EDT <!––> Although many entrepreneurs and investors would like to see Bitcoin become a mainstream phenomenon, the roots of this technology can be found in theOriginally appeared at: http://insidebitcoins.com/news/bitcoin-documentary-brings-cryptocurrency-back-to-political-roots/33467Bitcoin Documentary Brings Cryptocurrency Back to Political Roots is a story from: BitcoinWarrior.net

Bitcoin Documentary Brings Cryptocurrency Back to Political Roots is a story from: BitcoinWarrior.net

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Kevin Taylor Takes Questions During London FinTech Week

As London FinTech Week approaches — being held during September 2015 — Kevin Taylor, author of Fin Tech Law: A Guide to Technology in the Financial Services Industry that covers topics from Bitcoin to cybersecurity, will be available for interview, meeting or excerpt requests. Also read: Republican Senators Want to Outlaw Online Gambling in the US The city of London is going to host FinTech Week this September to represent the thriving Fintech community. The organizers aim to unite the world of FinTech in the world’s financial capital and enhance the dialog between established multi-nationals and disruptive start-ups. They are also inviting the leaders of the Fintech revolution and legal experts; Kevin Taylor is part of the same mission. In a very short interview with Bitcoinist, Kevin Taylor said that he was quite happy about the event:   Bitcoinist: Tell us more about why you attend events like Fintech week? Kevin Taylor:  To meet and interact with people and companies in the Fin Tech sector. Bitcoinist: Have you spoken or served on panels at such events earlier? Kevin Taylor:  I have spoken and given webinars, such as here. Bitcoinist: How/what was the response from the participants? Kevin Taylor: Extremely positive Bitcoinist: You have wide experience in the financial services industry e.g. banking, securities, insurance, and credit card companies, what is your view on cryptocurrencies’ security for people? Kevin Taylor: The technology is sound.  It lacks adequate support from regulatory authorities Bitcoinist: What are your views on government regulation of cryptocurrencies? Kevin Taylor: I think when you handle other people’s money in any capacity, you will be regulated. Bitcoinist: How much your book ‘Fin Tech Law: A Guide to Technology in the Financial Services Industry’ addresses the issues being faced by cryptocurrencies? Kevin Taylor: There is a chapter on it.  A newer updated edition is currently in the works.   Fin Tech Law:Originally appeared at: http://insidebitcoins.com/news/kevin-taylor-takes-questions-during-london-fintech-week/33479Kevin Taylor Takes Questions During London FinTech Week is a story from: BitcoinWarrior.net

Kevin Taylor Takes Questions During London FinTech Week is a story from: BitcoinWarrior.net

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Fear And Greed Will Get A Workout Monday—–China And Greece In The Crosshairs

by John Rubino at DollarCollapse.com Fear and greed are both getting a serious workout lately, but Monday will be even more fun than usual because of two big stories that hit over the weekend. First, Greece decided to put the draconian demands of its European creditors to a popular vote, to which the creditors responded by cutting Greece off from new bailout money. Greek citizens, now staring down the barrel of capital controls and/or bank failures, are busily emptying their bank accounts: Greeks Line Up at Banks and Drain ATMs as Tsipras Calls Vote Greece’s banks may need an injection of fresh emergency funds to operate Monday as people rushed to pull out money after Prime Minister Alexis Tsipras called a referendum that could decide his country’s fate in the euro.Two senior Greek retail bank executives said as many as 500 of the country’s more than 7,000 ATMs had run out of cash as of Saturday morning, and that some lenders may not be able to open on Monday unless there was an emergency liquidity injection from the Bank of Greece. An official with Greece’s Capital Markets Commission, the markets’ regulator, also warned that the Athens Stock Exchange may be unable to operate on Monday without a cash injection into the banking system. A Greek central bank spokesman said it was making efforts to supply money. The European Central Bank’s governing council was expected to hold a conference call on Sunday to review the banks’ liquidity condition, said a Greek official, who asked not to be named in line with policy. The Frankfurt-based central bank said in a twitter post that it’s closely monitoring developments and would review the situation “in due course.” Some banks were placing limits in daily cash transactions. Yiota Kardogianni, a manager at a branch ofOriginally appeared at: http://davidstockmanscontracorner.com/fear-and-greed-will-get-a-workout-monday-china-and-greece-in-the-crosshairs/Fear And Greed Will Get A Workout Monday—–China And Greece In The Crosshairs is a story from: BitcoinWarrior.net

Fear And Greed Will Get A Workout Monday—–China And Greece In The Crosshairs is a story from: BitcoinWarrior.net

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Bitcoins will now buy airtime and data in SA

JOHANNESBURG – You can now use bitcoin to buy airtime and data. Bitcoin exchange BitX has begun selling mobile airtime and data for South African mobile networks. For now the facility is only available via the BitX website, but the company says it’ll be adding the functionality to its Android and iOS apps soon. BitX was founded in February 2013 and is headquartered in Singapore. The company has offices in Cape Town and Jakarta. In addition to serving as an exchange between bitcoin and fiat currencies, BitX provides bitcoin wallet services and provides an API that developers can use to build support for bitcoin into their apps and services. The company’s merchant services make it possible for businesses to accept bitcoin as a means of payment while being paid in a conventional currency of their choice and being insulated from exchange rate volatility. A year ago BitX partnered with payment gateway PayFast to enable PayFast customers, which include some 30,000 South African websites, to accept bitcoin as payment. The addition of the new airtime and data facility can’t hurt the uptake of the cryptocurrency, the success of which hedges largely on retailers finding ways to accept it and consumers actually making use of it.   Originally appeared at: http://www.enca.com/technology/you-can-now-use-bitcoin-airtime-and-dataBitcoins will now buy airtime and data in SA is a story from: BitcoinWarrior.net

Bitcoins will now buy airtime and data in SA is a story from: BitcoinWarrior.net

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MIT’s Bitcoin-Inspired ‘Enigma’ Lets Computers Mine Encrypted Data

The cryptography behind bitcoin solved a paradoxical problem: a currency with no regulator, that nonetheless can’t be counterfeited. Now a similar mix of math and code promises to pull off another seemingly magical feat by allowing anyone to share their data with the cloud and nonetheless keep it entirely private. On Tuesday, a pair of bitcoin entrepreneurs and the MIT Media Lab revealed a prototype for a system called Enigma, designed to achieve a decades-old goal in data security known as “homomorphic” encryption: A way to encrypt data such that it can be shared with a third party and used in computations without it ever being decrypted. That mathematical trick—which would allow untrusted computers to accurately run computations on sensitive data without putting the data at risk of hacker breaches or surveillance—has only become more urgent in an age when millions of users constantly share their secrets with cloud services ranging from Amazon and Dropbox to Google and Facebook. Now, with bitcoin’s tricks in their arsenal, Enigma’s creators say they can now pull off homomorphically encrypted computations more efficiently than ever. “You can see it as a black box,” says Guy Zyskind, an MIT Media Lab graduate researcher and one of Enigma’s creators. “You send whatever data you want, and it runs in the black box and only returns the result. The actual data is never revealed, neither to the outside nor to the computers running the computations inside.” Enigma’s homomorphic technique works by mimicking a few of the features of bitcoin’s decentralized network architecture: It encrypts data by splitting it up into pieces and randomly distributing indecipherable chunks of it to hundreds of computers in the Enigma network known as “nodes.” Each node performs calculations on its discrete chunk of information before the user recombines the resultsOriginally appeared at: http://www.wired.com/2015/06/mits-bitcoin-inspired-enigma-lets-computers-mine-encrypted-data/MIT’s Bitcoin-Inspired ‘Enigma’ Lets Computers Mine Encrypted Data is a story from: BitcoinWarrior.net

MIT’s Bitcoin-Inspired ‘Enigma’ Lets Computers Mine Encrypted Data is a story from: BitcoinWarrior.net

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Bitcoin Price Went Up Amid Greek Crisis

The Greeks are to decide not only upon their own fate soon. The whole bitcoin society can hardly wait for the results of the upcoming referendum. On the face of it there must be no connection between Greek crisis and bitcoin. But it appears that sensitive Mediterranean economy positively influences the price of bitcoin. On Monday the highest price for bitcoin was $255 while at the beginning of June it made up $223. Experts predict the increase in the cost up to $261 in the nearest three months insisting that bitcoin owners should thank Greece for it. Due to illiquidity of bitcoin market its price can gain a few percentage points even without much buying. Let’s look into this strange interdependence. Indeed cryptocurrencies win when state economy stagnates. The nature of digital currencies itself allows them to benefit in economically difficult for country times. It can be explained by the fact that comparing to physical currencies digital ones are not controlled by one central bank and can circulate avoiding legal reprisals. It has been alleged quite a lot recently that bitcoin price boost is a result of unprecedented interest of the Greeks in bitcoin. But this version does not stand up to criticism. Most experts see eye to eye that even if the Greeks have serious worries about money supply in the country and panic, the rise was enabled by speculations outside the country. Brendan O’Connor, CEO of Genesis Global Trading, is among those who foresee even more benefits for bitcoin industry in nearest future: “Bitcoin had been middling around the $235-245 range for several months, and all of the sudden this crisis escalates and you’ve gotten yourself a nice 10-point pop. Greece was likely the only factor behind the digital currency’s upward momentum. I don’t think it could be for anyOriginally appeared at: http://www.coinspeaker.com/2015/06/29/greek-crisis-bitcoin-currency-opportunities-10320/Bitcoin Price Went Up Amid Greek Crisis is a story from: BitcoinWarrior.net

Bitcoin Price Went Up Amid Greek Crisis is a story from: BitcoinWarrior.net

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Greeks are rushing in to adopt Bitcoin

With bank doors slammed shut, frantic Greeks are turning to online trading platforms to see if Bitcoin is a better bet than the Euro. Ten times as many Greeks are registering to trade bitcoins on the German marketplace Bitcoin.de than usual, according to CEO Oliver Flaskaemper. Bitcoin trades from Greece have shot up 79% from […]

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Integrating Blockchain Based Voting Machines for Election Efficiency

The post Integrating Blockchain Based Voting Machines for Election Efficiency appeared first on 99 Bitcoins.

Introduction Voting is an essential requirement for a working democracy. When citizens of a country are allowed to vote, they are given the freedom of expressing their opinions in deciding the manner in which their country should be run and by whom. This voting process is not an easy especially when dealing with a large […]