John Nash RIP: “Beautiful Mind” Game Theory May Lead to Gold Standard

– ‘Beautiful Mind’ Nobel winner Nash dies in tragic crash – Nash was subject of movie “A Beautiful Mind” with Russell Crowe – Nash was renowned mathematician who developed game theory – Game theory suggests that world may be forced back onto a gold standard – Debased dollar vulnerable to bitcoin, crypto-currencies, silver and gold […]

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BitGold Inc. Acquires GoldMoney.com for CAD $51.9 Million

Gold payment startup BitGold acquired the operations and intellectual property of the leading consumer gold storage company GoldMoney.com. The acquisition of the company will be in exchange for 1,169,794 common shares in BitGold, a public company trading on the Toronto Stock Exchange. GoldMoney, since its founding in 2001, has amassed 20,000 customers, 135,000 user sign ups and manages more than $1 billion in assets. In a BitGold press release, the startup said the acquisition will lower its operating cost and give them a ready-made vault storage operation for the company’s in-beta gold payment system. BitGold is currently developing and testing a payment service that will use blockchain technology to facilitate digital gold payments. As part of the acquisition, GoldMoney founder […]

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Is Goldman Sachs Flirting with Bitcoin or the Blockchain?

New York Times technology and finance reporter Nathaniel Popper’s new book “Digital Gold: Bitcoin and the inside story of the misfits and millionaires trying to reinvent money” has been praised as one of the best Bitcoin books to date. Popper tells the story of Bitcoin from its geeky, libertarian early days to the beginnings of the current phase marked by significant venture capital investments and growing adoption by the financial community. Popper’s book contributes to the ongoing Bitcoin vs. blockchain debate. Once a bitcoin-like crypto-currency is adopted banks and governments, will it still be recognizable as bitcoin, or rather become a sanitized blockchain controlled by central banks, with all the troublesome features of bitcoin removed? “A company like Goldman Sachs […]

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Coinzone to Launch Mobile Bitcoin wallet Tailored for European Users

Amsterdam-based Bitcoin payment gateway Coinzone, which now positions itself as a full-stack Bitcoin solution with a focus on Europe, announced that it will launch its wallet – the core of its upcoming platform – in early summer. “Our goal is to assist Europe with all that Bitcoin has to offer the world of commerce,” says the Coinzone website. According to the company, the Coinzone Wallet will make Bitcoin simple for a growing community of European consumers. The fully-featured personal wallet will support country-specific local currencies for bank deposits and withdrawals, transfers and instant payments. “Growing European demand for Bitcoin means more and more consumers want a simple and secure way to transact,” says co-founder and CEO Manuel Heilmann. “We’ve developed […]

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BitFury’s Allied Control Receives Green Innovation Award

Bitfury’s Allied Control, a company that uses two-phase immersion thermal management for high-performance computing and data centers, received the Green Innovations Award for its potential in saving electricity and “billions of gallons of water” in the future. Allied Control was recognized by the head of the Hong Kong government for its energy-efficient two-phase immersion cooling system, which submerges electronic components in dielectric heat transfer liquids (better heat conductors than air, water or oil). The liquids vaporized from the chips are condensed and reused. According to a report, the U.S National Security Agency’s major data center in Utah “consumes up to 6.6 million gallons of water a month.” Apart from the water used to cool the data center, it also embeds […]

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Bitcoin Alternative DNotes Launches World’s First Digital Currency Employee Incentive Benefits Plan

Bitcoin Press Release: DNotes is pleased to announce the launch of the world’s first Digital Currency Employee Incentive Benefits Plan – the latest in a family of unprecedented digital currency financial instruments from the DNotes team. Chicago, Illinois. [May 25, 2015] – DNotes announces the release of their Employee Incentive Benefits Plan, the latest addition to their family of CRISPs (Cryptocurrency Investment Savings Plans) that already provides an investment vehicle for Children, Students, and Retirement funds. The Employee Incentive Benefits Plan combines knowledge of the employer/employee relationship with macro-economic foresight to maximize its users’ long-term potential benefit. Employee benefits play an important role in the lives of employees as well as their families. Benefits offered by an employer can be […]

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