Tag Archives: virtual currency

For Overstock CEO, Bitcoin Isn’t Just A Publicity Stunt

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To get to Patrick Byrne’s house in Utah, one will drive by snow-covered trailers and the rusted-out trucks from which they’ve been unhitched. Overstock’s CEO does not live in a glamorous neighborhood...

Irony Alert: Major Bitcoin Processor Rejects Pot Shop As Too Legally Dubious

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Companies dealing in Bitcoin and marijuana have something in common: rejection from banks. Bit-entrepreneurs scare banks due to the intense regulation around money transmitting and the perfume of...

Bitcoin Charity: Its Biggest-Ever Donation Was Stolen Money

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The head of a Bitcoin charity has admitted accepting a large anonymous donation even though he strongly suspected it was stolen during a raid on a cryptocurrency exchange. Dmitry Murashchik, who goes...

The Story Behind ‘Milk Road,’ The Little Girls’ Bitcoin Cookie Stand

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Last month, a Bitcoin-loving Redditor spotted a cookie and lemonade stand in San Francisco’s Noe Valley that accepted the virtual currency. After buying a Snickerdoodle for a fraction of a Bitcoin,...

Google Chrome Add-On Transforms Your Browser Into A Bitcoin Wallet

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As more than 1,200 Bitcoin community members converged on Miami Beach for the first North American Bitcoin conference this past weekend, Andrew Toth, a software engineer from Toronto, Canada, decided...

Bitcoin joins payment methods at TigerDirect

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TigerDirect is an online store that has been around for years and years. The company is famous for selling computer hardware that allows enthusiasts to build their own computers. PC Hardware isn't...

This is the Typical Bitcoin Shopper

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When Overstock began accepting Bitcoins on Jan. 9, it immediately grossed $100,000 in Bitcoin orders, according to its CEO Patrick Byrne. As he told CBS affiliate KUTV in Salt Lake City, “I’ve been...