Bitcoin is a form of cryptocurrency that can be used to purchase everything from online goods to multi-million dollar mansions. They are currently more valuable than gold, with a single Bitcoin equalling more than three thousand Australian dollars. Needless to say, there is a huge amount of interest in bitcoin and it's not too hard to start mining bitcoins of your own.
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The web has revolutionised many things, but who would have expected it to change the very nature of money? Introducing Bitcoin. This cryptocurrency is quickly being adopted by many online businesses, thanks to its speed and reliability. With the Bitcoin for Beginners: Master Bitcoin Course, you can learn all about Bitcoin and its perks, and even how to start your own Bitcoin-powered business. For a limited time, this course is on sale for only $50.70 AUD .
The use of blockchain in financial services would need to be carefully regulated with access restricted to only approved participants. Institutions should also be required to use "kill switches" to stop computers automatically executing in times of stress. These are some of the recommendations of outgoing chair of IOSCO Greg Medcraft based on concerns from global regulators. In short, blockchains are risky business.
While Bitcoin gets all the attention, the blockchain technology it's based on can be used for a wide variety of applications, such as tracking ownership or the provenance of documents, digital assets, physical assets or voting rights. Here are some of the ways blockchains could improve business and government.
Bitcoin is an interesting, if complicated way to store and spend money. If you have a stash laying around, Valve will now take it off your hands in exchange for sweet deals on games.
Even if you've switched to another torrent client (or just an older version of uTorrent), now's the time to make sure there are no hidden Bitcoin miners hogging your idle system resources. You'll have to dive into your registry and file system, but a little effort is worth the peace of mind.
Bitcoin was dubbed the worst investment of 2014. As predicted however, 2015 has seen the continued fall in value of the currency that was supposed to fuel the digital age.
Elevator Pitch is a regular feature on Lifehacker where we profile startups and new companies and pick their brains for entrepreneurial advice. This week, we're talking with Asher Tan from CoinJar.
The recent crash of popular bitcoin exchange MtGox has given some commentators the opportunity to hint at the collapse of bitcoin itself. There are historical comparisons to be drawn here with the 2001 dotcom crash or the South Sea Bubble of 1720. However, these examples can only offer a partial explanation of recent events.
QuicklyPay.it is a new "IOU" mobile app that allows you to manage split bills and group payments securely. What sets it apart from other IOU apps like Splitwise is that you can send and receive cash directly using the digital currency Bitcoin.
The cryptocurrency Bitcoin has been in the news lately with a sudden surge in value followed by a spectacular crash – not to mention the unfortunate tale of $US4 million in bitcoin on a hard drive that was accidentally dumped in a rubbish tip. Bitcoin was the first widely used cryptocurrency, but few people know it is not the only one. So how do the top five cryptocurrencies by capitalisation compare?