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.... The lack of any central authority makes bitcoin remarkably resilient to censorship, corruption – or regulation. That means it has attracted a range of backers, from libertarian monetarists who enjoy the idea of a currency with no inflation and no central bank, to drug dealers who like the fact that it's hard (but not impossible) to trace a bitcoin transaction back to a physical person. ... [Read full article on Guardian ]
Wednesday 13th of September 2017 08:10:44 AM
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.... The lack of any central authority makes bitcoin remarkably resilient to censorship, corruption – or regulation. That means it has attracted a range of backers, from libertarian monetarists who enjoy the idea of a currency with no inflation and no central bank, to drug dealers who like the fact that it's hard (but not impossible) to trace a bitcoin transaction back to a physical person. ... [Read full article on Guardian ]
Friday 15th of September 2017 04:52:30 PM
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Latest Finance News related to Bitcoin Transaction

Bitcoin value plummets after China orders trading in currency to cease image
Source : Guardian [Read Article] Friday 15th of September 2017 04:52:30 PM
.... The lack of any central authority makes bitcoin remarkably resilient to censorship, corruption – or regulation. That means it has attracted a range of backers, from libertarian monetarists who enjoy the idea of a currency with no inflation and no central bank, to drug dealers who like the fact that it's hard (but not impossible) to trace a bitcoin transaction back to a physical person. ...
Bitcoin is a fraud that will blow up, says JP Morgan boss image
Source : Guardian [Read Article] Wednesday 13th of September 2017 08:10:44 AM
.... The lack of any central authority makes bitcoin remarkably resilient to censorship, corruption – or regulation. That means it has attracted a range of backers, from libertarian monetarists who enjoy the idea of a currency with no inflation and no central bank, to drug dealers who like the fact that it's hard (but not impossible) to trace a bitcoin transaction back to a physical person. ...
WannaCry: hackers withdraw £108,000 of bitcoin ransom image
Source : Guardian [Read Article] Thursday 3rd of August 2017 01:27:16 PM
....That makes turning ill-gotten gains into traditional currencies harder to do anonymously. To do so requires the use of techniques such as a bitcoin mixer or tumbler, which intentionally confuses the trails of bitcoin transactions to protect the anonymity of the bitcoin owners. ...
Virtual reality hit when I tried to cash in my bitcoins image
Source : Guardian [Read Article] Wednesday 26th of July 2017 06:00:33 AM
....Bitcoin is a virtual currency that has become a fount of free cash for fraudsters. It can be sold on online exchange sites for real money and transferred into the buyer’s virtual wallet, but these wallets are vulnerable to hackers and bitcoin transactions are not regulated so there’s no compensation. ...
Bitcoin: Craig Wright promises new evidence to prove identity image
Source : Guardian [Read Article] Wednesday 4th of May 2016 03:08:54 PM
....When he first publicly claimed to be Nakamoto, in interviews with the BBC, Economist and GQ Magazine, Wright promised to post proof on his website. But the material he posted was far from convincing for many experts: most damningly, the cryptographic evidence appeared to have been directly copied from a 2009 bitcoin transaction. ...
The battle over the future of bitcoin image
Source : Guardian [Read Article] Tuesday 3rd of May 2016 07:00:48 AM
....Nerds are calling each other “nerds” behind each other’s backs. It’s a “big communications breakdown”, according to Eric Lombrozo, chief technology officer of the bitcoin transaction firm Ciphrex. ...

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