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Virtual Virtue: Bitcoin crypto currency makes name in charities
The controversial digital currency Bitcoin has scored a new high - its trading price has almost doubled since October. This despite what some users and many analysts believe to be considerable cyber safety concerns. Its use is still relatively small - compared to other currencies - but it can pay for a range of products and services. And boosting its popularity - Bitcoins are held in online wallets and traded without control by any central authority. And the cyber currency's been gaining new...
Related topics : digital virtual currency and bitcoins / bitcoin digital currency price / bitcoin new currency / bitcoin currency trading / virtual currency bitcoin
Richard Stallman on good things and bad things about Bitcoin
Online currency Bitcoin has now almost overtaken gold in value. A single bitcoin currently trades for one thousand two hundred dollars - just shy of an ounce of bullion. RT spoke to Dr Richard Stallman, President of the Free Software Foundation about the currency. One advantage, he says, is freedom to spend your money any way you like.
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Related topics : current value of one bitcoin / current bitcoin dollar value / bitcoins online currency / bitcoin trading value
Bitcoin Boom? US fears digital currency may hit dollar demand
The US is becoming increasingly concerned over virtual currencies, launching broad investigations into Bitcoin and the likes. The online currency has won official recognition with a US federal judge ruling it is real money. A Texas man, being tried for laundering billions of dollars using the Bitcoin system, challenged the court by saying bitcoins were virtual and couldn't be the basis for a fraud charge. He failed. RT's Peter Oliver went to meet those who have no doubt bitcoin has real...
Related topics : virtual currency like bitcoin / digital virtual currency and bitcoins / bitcoins online currency
'Bitcoin outperforms gold, silver, US stock market' - entrepreneur
Bitcoin is the world's most popular virtual currency, and brings with it a new breed of digital multi-millionaires. When bitcoin exchange Mt. Gox virtually disappeared, many fortunes were lost. Can you put your trust in the virtual market? Why are governments so eager to shut the bitcoin marketplace down? Roger Ver, a bitcoin entrepreneur known as 'Bitcoin Jesus' is here to answer these questions.
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Related topics : digital virtual currency and bitcoins
Bitcoin exchange CEO arrested on drug money laundering charges
The CEO of one of the world's leading bitcoin exchanges - BitInstant - has been arrested in New York. The prosecution claims Charlie Shrem was involved in a drug money laundering scheme via the Silk Road website. READ MORE: http://on.rt.com/1nczp6
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Related topics : bitcoin exchange money laundering
Bitcoin World: Digital currency gets boost from volatile markets
A light-hearted online-platform helps people understand the potential benefits of using the digital money. RT's Lizzie Phelan in Berlin explains how we could all soon be like Bitcoin girl, living in a Bitcoin world.
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'Bitcoin steals power from both banks & gangsters'
Digital currency Bitcoin is gaining popularity around the globe as people become more and more dissatisfied with the conventional banking system. Instant, safe and nearly anonymous, is what Bitcoin claims to be. It takes no commission for transactions and can be used internationally wherever you have internet access. Is it the currency of the future? We talk to Bitcoin developer from UK Amir Taaki.
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Bitcoin wins over Germany amid US digital currency probe
Germany's turning itself into a magnet for Bitcoin lovers. This week, the maverick virtual currency was recognized for legal and tax purposes in the country. RT's Peter Oliver reports.
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Related topics : digital virtual currency and bitcoins
Bitcoin Bites: Germany recognizes digital currency as 'private money'
Bitcoin is slowly joining the big league of currencies. Germany has become the first country to accept the digital money as legal tender - recognized in law and for tax purposes. Katie Pilbeam from RT's Venture Capital program explains.
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Related topics : bitcoin digital currency / digital money bitcoin
Code to Cash: 1st bitcoin ATM opens in Canada
Bitcoin, the experimental online currency is now a global one complete with its own, and so far only, ATM. The first machine has been set up in a cafe in Vancouver, where people can exchange digital money, for physical cash. But, many of you are probably asking yourselves - what are Bitcoins? READ MORE http://on.rt.com/q3bb6k
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Related topics : exchange bitcoin for cash canada