bitcoin - Page 3 of 3

Berlin Embraces Bitcoin

Staff / Truthdig Aug 20, 2013 Germany is the first country to make an official decision about the status of the online currency. The nation's Finance Ministry acknowledged Bitcoin as “private money” and a “currency unit,” which means it can be taxed when used commercially, but not so for personal purposes. Dig deeper ( 1 Min. Read )

Prosecutors Use Patriot Act to Shut Down Virtual Currency Operator

Peter Z. Scheer / Truthdig May 29, 2013 Liberty Reserve, which, until Tuesday, operated a virtual currency that could be exchanged for cash, stands accused by the United States of laundering $6 billion in criminal funds. Dig deeper ( 1 Min. Read )

Write a Blog, Risk Going to Jail

Staff / Truthdig Apr 8, 2013 Daniel McGowan, an Earth Liberation Front activist, was imprisoned last week for writing a HuffPo post; Fox News claims that Rutgers University firing its abusive basketball coach is evidence of cultural decline; and no, Bitcoin is apparently not the future of currency. These discoveries and more after the jump. Dig deeper ( 3 Min. Read )

Have You Heard of Bitcoin?

Alexander Reed Kelly / Truthdig Mar 24, 2013 It's a virtual currency that travels beyond the reach of banks and centralized regulatory institutions and allows you to transfer money to anyone with an Internet connection, anywhere at any time. Dig deeper ( 1 Min. Read )

A New Kind of Money

Staff / Truthdig Aug 3, 2011 For the past two years, a new kind of digital currency has been gaining in popularity Bitcoin is used to make supposedly anonymous direct transactions between buyers and sellers of goods and services online all over the world, without the oversight of (more). Dig deeper ( 2 Min. Read )