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Below is our official response: Bitcoin is Healthy The state of the Bitcoin network is strong. The Bitcoin ecosystem is as healthy as ever. As a protocol, allowing for a peer-to-peer payment system and digital currency, Bitcoin is distributed amongst all its users. Like similar technologies, such as the internet, the Bitcoin system is greater than […]

[youtube=http://youtu.be/zvLPqGyf6RU&rel=0 width=”100%”] The advantage of Bitcoin for Retailers is obvious. But why would a consumer use Bitcoin?

Overstock.com recently became the first major US retailer to start accepting Bitcoin. No doubt they saw advantages, for their revenue and business.   This has opened the floodgates. Other major retailers have started accepting Bitcoin. Tiger Direct is another retailer that has jumped on board. Obviously encouraged by Overstock’s huge success. Since integrating Bitcoin into […]

Bitcoin is often understood as the Gold to Litecoin’s Silver. Conceptually this is an easy way to understand it. There are some similarities. Also, it is easy to connect to this idea and understand it in this way. However, both Bitcoin and Litecoin are intangible and have the same non-monetary utility. Whereas gold and silver […]

Living in a Bubble

Feb 19, 2014 News 3 minutes

Below are the thoughts and musing of Suzette Kotze: Animal Warrior. Suzette fights gloriously for the rights and safety of animals in South Africa. You can read more about her SPCA and activities here.

In South Africa some investors are looking to Bitcoin as a form of Gold 2.0 Is this a fair assessment and can Bitcoin serve this function as an investment? Gold has certain attributes that make it the ideal money. It is no accident that gold always becomes money in a society. It is the only […]