Dignitas International: Bitcoin Holds Promise for Non-Profits

Dignitas International: Bitcoin Holds Promise for Non-Profits

The global fight against HIV and AIDS is gaining ground, but the war is far from over. Around 6,000 people are infected with the virus each day and 19 million across the globe remain unaware of their HIV-positive status. Additionally, treatment - and by extension, survival - is something of a lottery. A recent statement from UNAIDS executive director Michel Sidibé warned of a "fragile five-year window" to address the discrepancies in healthcare services worldwide, adding: "Ensuring that no one is left behind means closing the gap between people who can get services and people who can't,....


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Dignitas: Fighting AIDS with Bitcoin

Out of all of the Bitcoin-accepting charity representatives I've had the pleasure to interact with, Anne Connelly was the most sincere. Although she admits it started as a publicity stunt, she claims her interest grew the more she learned about it, and hopes to make it a significant source of funds. She reached out to the VanBex marketing company to ask for help in finding Bitcoin donors and discuss sponsorship opportunities, and was referred to the Bitcoin Co-op, which handles non-profit projects. In the short time since we've partnered with them, I've gotten to understand their....

21M Bitcoin and the Promise of Scarcity

In Bitcoin, the promise of a limited supply is great. This was one of the biggest things that initially appealed to me when I heard about Bitcoin. “No more than twenty one million bitcoins will ever exist!” But can this promise be kept in the long run? Has the Promise Already Been Broken? Some would […] The post 21M Bitcoin and the....

Why Bitcoin May Solve This Age-Old Economic Paradox

Travis Patron is the founder of Diginomics, a bitcoin news organization where professionals can enroll in the Bitcoin Economics Course. Here he explains why the stateless nature of bitcoin holds the potential to solve an age-old international monetary flaw. Although the United States Federal Reserve Note carries with it many advantages for conducting commerce and serving as a world reserve currency, its makeup is not void of imperfections. One of the main shortcomings of the US dollar is the Triffin dilemma, a problem which arises when countries must manage both short term domestic and....

Chat Logs Allegedly Show Bter Creating and Pumping Its Own Coin

[Update: We are being told that the 1:1 exchange idea was shot down by the BitBay community, deciding instead to rebrand]. Note: The currency mentioned in this article is called BitBay and should not be confused with the Poland-based Litecoin and Bitcoin exchange that shares the same name. [2014-11-03 1:38:58 PM] *** International Rob has shared contact details with linhan.ee. *** [2014-11-05 11:06:03 AM] *** Call to linhan.ee, duration 13:43. *** [2014-11-11 9:36:33 AM] linhan.ee: Hi bob, would you please let me know your deposit account? [2014-11-11 9:37:14 AM] International Rob:....

Crypto Use in Terrorism ‘a Growing Problem,’ Yellen Says

"I see the promise of these new technologies, but I also see the reality: cryptocurrencies have been used to launder the profits of online drug traffickers; they’ve been a tool to finance terrorism," Yellen said.