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16Oct 2013

We Don’t Need No Bitcoin Regulation “We don’t need No Regulation We don’t need no thought control No dark sarcasm in the Blockchain Government: Leave our Bitcoin alone… [Another Block in the Blockchain]” Bitcoin – Background Created anonymously in late 2008, bitcoin is a crypto-currency that can be used to buy and sell a broad […]

15Oct 2013

So what was the Bitcoin Regulation meetup in London about? We went to the meetup in London this evening, where the panel focussed on the legal, regulatory and compliance components of the bitcoin ecosystem. Sadly no consensus seem to exist and I think its partly due to the difficulty in defining the subject matter and […]

26Sep 2013

Great day at the Bitcoin Amsterdam 2013 Conference. Loads of familiar faces here and some new ones too! I really enjoyed the panel with Roger Ver and Alan Zafahi making some very valid comments, stating the importance of “spreading the word” as opposed to the constant “regulation and bank account complaints”. Interestingly there seems to […]

22Jul 2013
processor-256

You want to mine bitcoin. But, how to start? There are three main categories of bitcoin mining hardware, each more expensive and more powerful than the last. This article explains each of them, and talks about how to make them work. By this stage, you will understand how bitcoin works, and what mining means. But […]

21Jul 2013
workers-256

No pick axe needed! In traditional fiat money systems, governments simply print more money when they need to. But in bitcoin, money isn’t printed at all – it is discovered. Computers around the world “mine” for coins by competing with each other. How does it happen? People are sending bitcoins to each other over the […]

20Jul 2013
network-256

Bitcoin transactions are sent from and to electronic bitcoin wallets, and are digitally signed for security. Everyone on the network knows about a transaction, and the history of a transaction can be traced back to the point where the bitcoins were produced. Holding onto bitcoins is great if you’re a speculator waiting for the price […]

19Jul 2013
scales-256

Is bitcoin legal in South Africa? Bitcoin is of interest to law enforcement, tax authorities, and legal regulators, all of which are trying to understand how it fits into existing frameworks. The legality of your bitcoin activities will depend on who you are and what you are doing with it. Bitcoin has proven to be […]

18Jul 2013
Buy with Bitcoin

What to buy with bitcoins. More merchants are beginning to accept bitcoin in exchange for goods and services, although the best place to find them are still marketplaces and aggregator sites that gather large numbers of supporting establishments together at once. Spending your bitcoins What can you buy with bitcoins? We’ve told you how to […]