The 14 Weirdest Things You Can Buy With Bitcoin
Bitcoin's value as a payment protocol is hard to deny. The digital currency offers merchants a number of benefits over traditional fiat and credit card transactions, and for consumers, making payments with bitcoin is secure and convenient. Even with those benefits, however, there was a time when it was nearly impossible to use your bitcoins to buy anything practical. One of the very first real-world purchases made with bitcoin was in 2010, when a computer programmer paid 10,000 BTC (around $6m USD at today's market price) for two pizzas from Papa John's. Luckily for everybody, companies....
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The world of alternative currencies brings with it a host of scammers, stealers and black market sellers. They bring a bad name to decentralized systems like bitcoin. The fact that it is a network of financial value that spread across the globe has seemingly brought to it a degree of strangeness. Today, let's take a look at some of the weirdest alternative currency stories over the past few years. Bitcoin savings & trust. As a hedge fund, Bitcoin Savings & Trust promised its investors spectacular returns. And its investors, seeking more opportunity than just what bitcoins could provide,....
The past few days were so tense for me and NewsBTC, so I decided to choose a light topic that can put a smile on our readers' faces. As bitcoin, is the world's top anonymous online currency, you can use it to buy the weirdest things ever. Moreover, most fraudsters prefer to sell their scams for bitcoin, because it is rather difficult to trace transactions along the blockchain. I looked through the Dark Web to find the goofiest things one can buy for bitcoin and those were the most pathetic bitcoin scam attempts: Digital Scamming, oops Smuggling, Service: This is one of the most hilarious....
No one is saying Hinrikus needs to embrace Bitcoin, or even become a fan of the concept. However, it would be wise for any CEO to at least do their own research, rather than quoting mainstream media. Most bitcoin enthusiasts will have read the recent comments made by TransferWise CEO Taavet Hinrikus. According to him, Bitcoin is “dead, and the experiment is over”. Quite a strange statement, considering Bitcoin has been trucking along despite all of the adversity faced so far. Is this another case of lack – or willingness – to understand what Bitcoin is all about? Reading through the entire....
This might be Peter Schiff’s weirdest take, and the man’s got a few. While commenting on Kim Kardashian’s recent deal with the SEC, the gold bug fired at “the real pumpers”… Michael Saylor? and… CNBC? Did Peter Schiff and his team even do basic research about Kim Kardashian’s case? Or is he playing dumb, attacking […]
IBM and Samsung have partnered to put the Blockchain Technology to good use. The partnership points us towards their vision to pioneer in the soon-to-dawn era of Internet of Things. There has been lots of murmur in the tech sphere ever since news about ADEPT was released. Especially among those who understand and anticipate the Internet of Things. What is ADEPT? ADEPT stands for Autonomous Decentralised Peer-to-Peer Telemetry. IBM & Samsung's ADEPT aims to be the technology for ledgers, record-keeping of the gazillions of data points that the Internet of Things will start to generate the....