So what happens to the value of all those lost Bitcoins? Enter Goxcoin — a new digital currency that would insure the assets trapped in Mt. Gox. Continue reading
Billions of dollars in gambling is happening in a currency that is largely unregulated, on websites set up on offshore servers, and right under the noses of officials who are unaware it exists. Continue reading
Mt. Gox, an early player in the virtual currency Bitcoins, became a major online exchange until the disappearance of a significant sum and the subsequent bankruptcy of the company. Kashmir Hill of Forbes joins Hari Sreenivasan to discuss the potential for tracking the missing money and the repercussions of collapse for its users and other rising cryptocurrencies. Continue reading
Even as the use and price of Bitcoin has increased, 76 percent of Americans are still unfamiliar with the digital currency and nearly 80 percent of consumers have never and would never consider using an alternative currency. That’s according to … Continue reading
Our Social Security columnist Larry Kotlikoff and Rob Shavell make an economic argument for Bitcoin. Photo courtesy of Flickr user Rene Walter.
By Larry Kotlikoff and Rob Shavell Our Social Security columnist Larry Kotlikoff and Rob Shavell make an economic argument for Bitcoin. Photo courtesy of Flickr user Rene Walter. Most Mondays on Making Sense, we turn to Larry Kotlikoff for Social … Continue reading
What can bitcoins get you and how do you make purchases with them? They may be a safer payment option than credit cards, suggests Marc Hochstein, and you don’t even need to own them to transact with them, explains Stephen … Continue reading
By Marc Hochstein and Stephen Pair What can Bitcoins get you and how do you make purchases with them? Photo courtesy of Flickr user Rene Walter. Continuing our series of interviews about Bitcoin, which we explored in last week’s Making … Continue reading
As part of our series of conversations on Bitcoin, Jonathan Mohan explains that even if Bitcoin fails, cryptocurrencies are here to stay. Photo courtesy of Flickr user BTC Keychain.
By Jonathan Mohan Making Sen$e recently examined Bitcoin and the rise of its mainstream appeal. Paul Solman: Our Bitcoin story on the NewsHour is proving so popular that we’ve decided to post longer excerpts of our main interviews. Earlier Wednesday, … Continue reading