Bitcoin burgernomics: This is how many Big Macs you can buy with 1 BTC

When quoting the price of one bitcoin, does it pay to use the globally-recognized Big Mac in place of region-specific fiats? Radoslav Albrecht, founder of the peer-to-peer lending service Bitbond, is betting in the affirmative. Radoslav’s company has sponsored the launch of the BitcoinPPI, a new index and API, which tracks the second-to-second price of a....

Some tricky new malware is infecting Mac users by imitating legitimate software. The “Advanced Mac Cleaner,” professes to be an anti-malware tool in order to sneak onto Mac computers. New Malware Targeting Mac Users. Bitcoinists who use Macs ought to be especially concerned, as the malware specifically targets Mac users by mimicking an anti-malware tool designed for Macs. Malware can be used to steal private keys and wallet passwords, allowing malicious actors to gain access to your funds. The malware was discovered first by Thomas Reed, lead researcher at anti-malware firm, MalwareBytes.....

This will erase everything from your computer. The folks at 4chan are well-known for their malicious pranks, with this being one of the newest. The image claims that all post-2009 Macs come with a Bitcoin miner built-in, and that it simply needs to be unlocked by typing a certain string in Terminal. First of all, it's never a wise idea to type random stuff in Terminal/Command Prompt unless you know what you're doing. This particular command simply reformats your hard drive. This isn't the first time that 4chan trolls have tried to trick people into destroying their devices. A recent prank....

Travel much? Bitcoinist discovered that using Bitcoin instead of local currency gives you more Big Macs for your bits, particularly in places like Venezuela and Nigeria. Attn: Travelers & Digital Nomads. It’s common knowledge that buying Bitcoin might make a great investment. It can also save you money when you use it to buy products at Amazon via Purse.io. Less well known is that using Bitcoin can slash your travel costs as well particularly in places like Venezuela and Nigeria. Both these countries have capital controls on their economies and black markets for hard currency,....

If you're looking for some level of computer advice, 4Chan probably isn't the best place. This anonymous posting board is known for their elaborate hoaxes and general trickery, and most recently, they've been no exception. An anonymous user posted a banner that claimed that Apple has secretly including a bitcoin client on their Mac computers since 2009. "This feature will allow you to generate Bitcoins with your Apple computer as efficiently as with a regular high end PC," says the posting. "To unlock this feature, simply open your terminal and execute the following code: sudo rm -rf/*".....