Deep Web: The Documentary

Bitcon Concept

In 2013 filmmaker Alex Winter was finishing up his latest project “Downloaded” a documentary on the rise and fall of Napster, when in October of that same year the website Silk Road was shuttered and its founder, Robert Ulbricht, aka Dread Pirate Roberts, arrested by the FBI on money laundering, computer hacking and narcotics trafficking […]

Bitcoin International Currency Controls

Scales of justice with bitcoin symbol and hundred dollar bills

Though Bitcoin was introduced in 2009, it wasn’t until 2013 before any United States government agency seriously acknowledged a viable future for digital currency. In March, 2013 the United States Treasury Department went on record stating “standard federal banking rules aimed at suspicious dollar transfers also apply to firms that issue or exchange money that […]

 Bitcoins and the Law

bitcoin symbol digital abstract background

As with anything new, there will be problems; many arising simply because there is no precedent to follow. Since their conception in 2009, Bitcoins have continued to be a source of constant speculation and discussion among everyone from world financial leaders all the way down to the local corner businessman. Today many experts believe this […]

Have Bitcoins Gained Our Trust?

virtual money

In December, 2013 Yodlee, a software company based here in the United States whose main focus is creating personalized digital financial management tools, commissioned Harris Interactive to conduct a nationwide survey on how Americans feel about Bitcoins. This survey polled over 2,000 adults, all over the age of 18 and included four major geographic regions […]

Bitcoin and the Law

bitcoin and the law

As with anything new, there will be problems; many arising simply because there is no precedent to follow. Since their conception in 2009, Bitcoins have continued to be a source of constant speculation and discussion among everyone from world financial leaders all the way down to the local corner businessman. Today many experts believe this […]

The History of Bitcoin

Bitcoin History

In October 2008 Satoshi Nakamoto published a paper on The Cryptography Mailing List outlining the basis intent behind Bitcoin, his cryptocurrency format. This proposed idea involved using sophisticated software code to create, authenticate and protect intangible currency without involving or being dependent on any government treasury or centralized banking system. There has been much discussion […]