Poll: Vast Majority in US Would Rather Invest in Gold than Bitcoin

Poll: Vast Majority in US Would Rather Invest in Gold than Bitcoin

Although almost half of US citizens know what bitcoin is, only 13% would choose it over gold as an investment vehicle, suggests a new survey. The poll - which received responses from 2,039 adults aged 18 and over - was conducted by Harris Interactive, in partnership with a financial management company Yodlee back in December 2013. Although more people in the Western states knew what bitcoin was, that knowledge didn't necessarily translate into a desire for adoption. For example, a leading 55% of people in the West were familiar with bitcoin, however only 7% of them would invest in BTC over....


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Krugman - Barbarism and Baloney

Paul Krugman, the Nobel Prize winning economist who likes to explain things to we mortals via the New York Times, is a man some people love to hate, right along with the Times. But we're not about hatred here, we're about the science of Bitcoin, so we want to point out to the good Nobelist just how he got it wrong in his "Bits and Barbarism" op-ed piece of December 22 in the Newspaper of Record. Krugman is absolutely right about the barbarism of gold, past and present. For the vast majority of people, finding gold in your neighborhood is like the curse of oil; it benefits only the elites....

Poll Review: Do You Prefer XBT or BTC?

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Poll Review: The Proposed NYDFS BitLicense Regulations

Since the New York Department of Financial Service released their BitLicense proposal for a public commenting period, there's been a lot of chatter surrounding the topic. One one side you have the people that think this could be a very good start to regulating bitcoin, and then you have the folks who have crossed their arms and are shaking their heads vigorously with disappointment. I wanted to see what the visitors of this website thought. So I put together a poll last week that was pretty straightforward: The proposed NYDFS Bitcoin Regulations... Respondents were provided with two....