Goodwill Will Be Able to Accept Bitcoins in Some Stores
…via payment terminals from Revel Systems Inc., a San Francisco startup.
Microsoft’s Bing Now Converts Bitcoin to Fiat Currencies
Bing uses Coinbase to determine the price of Bitcoin.
As the world’s first, and most popular, cryptocurrency, Bitcoin has by now suffered every possible setback a payment project could encounter.
Bitstamp, one of the largest bitcoin exchanges in the world–if not the largest–today became the second major firm to suspend customer withdrawals of bitcoins from their accounts, or “wallets.”
…bitcoin looks like an innovation worth limiting exposure to. ..vastly inferior to fiat currencies, unlikely to be legal tender..
.@jpmorgan FX research issues report on Bitcoin and makes same mistake as many: looks at Bitcoin as currency first, not network first— Coinbase (@coinbase) February 11, 2014
Jim Grant takes today’s testimony from Janet Yellen to task in this brief clip.
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