Bitcoin regulatory developments

After some bad news for the Bitcoin world, including the demise of its former largest exchange, may be reaching a mature stage. Bitcoin’s price continues to swing wildly, in the last 60 days the price has been in the range of $420-580 USD. Such currency instability has been one of […]

Will lack of regulation kill Bitcoin?

Bitcoin has continued to rise in price, if not in adoption. Other than small services here and there, commerce is justifiably sceptical about using it as a means of exchange. Where BTC has been generating news is in its price, and there it has shown that some people will invest […]

A look at the Bitcoin network transaction history

I have been reading an eye-opening paper by mathematicians Dorit Ron and Ami Shamir, looking at the entire transaction history of the Bitcoin network. For those unfamiliar with Bitcoin, it is a cryptographic currency that was created with the stated intention of generating a decentralised payment system for the Internet […]

Is Bitcoin legal?

Could the next revolution in payment systems be already here? Bitcoin is a non-fiat cryptographic electronic payment system that purports to be the world’s first cryptocurrency. In other words, it is a peer-to-peer, client-based, completely distributed currency that does not depend on centralised issuing bodies to operate, the value is […]