Bitcoin Can't Be Someone's Property, Is That Right?
Some of us might have already heard about the recent developments in Mt Gox case. Mark Karpeles was arrested and questioned in Japan. There are suspicions about his involvement in multiple instances of fraud and embezzlement in relation to the Mt Gox operations. READ MORE: Master of Mt Gox, Mark Karpeles Picked Up by Japanese Cops. Now that the word is out about his direct involvement in the downfall of Mt Gox, we can expect a lot of lawsuits filed by those who lost a lot of bitcoins during the Mt Gox fiasco. The series of lawsuits has already started, with the first one filed anonymously....
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An avid Bitcoin enthusiast and property entrepreneur is selling his beautiful luxury 2-story property in the “Hidden Valley” of Guaynabo, Puerto Rico. The property is situated amidst a picturesque landscape with the convenience of the center of San Juan metro within several minutes drive. This eye-catching property is located in an idyllic valley, home to […]
The D Las Vegas Casino Hotel - the same property that became the world's first to accept bitcoin (back in January) - is now setting another record by installing a bitcoin ATM on the property itself. It's all happened in partnership with Las Vegas-based Robocoin, which will allow users to both buy and sell bitcoin (in other words, a two-way ATM) conveniently in the same place where they can spend those very bitcoins. Talks to arrange placing the ATM on The D's property came about shortly after January's news. Robocoin CEO Jordan Kelley met with The D co-founder Derek Stevens to make the....
Virtual worlds have become popular because they enable users to experience something that is otherwise not possible in the real world. The possibilities are endless, and we are still only scratching the surface of what can be done in virtual worlds. The next big trend in virtual property is that it will be more accessible than ever before, aided by the likes of Next Earth, which has made virtual property available to all through an NFT-based replica of Earth. Further accessibility will be made possible by a combination of technological advancements, including better rendering capabilities,....
For the first time in history, bitcoin offers us a property option that does not rely on a local authority or legal system to protect it.
Unlike other cryptocurrencies, bitcoin was not premined and is in unique regulatory position to serve as property for institutions and individuals.