Bitcoin News 1/20

What backs Bitcoin/USD? Role of the network effect

iNVEZZ.com, Monday 20 January: A third Canadian bitcoin ATM went live last Thursday, in the city of Ottawa, but the government was quick to warn that the e-currency has yet to be recognised as legal tender. “Only …invezz.com 

US Authorities Set For Silk Road Bitcoin Sale

US authorities are due to decide what to do with 29,655 bitcoins seized from illegal online marketplace Silk Road by the FBI last October, in what was the largest ever seizure of virtual currency, worth £16.44 million at …TechWeekEurope 

Nordic investor creates world's biggest Bitcoin database

from trading in Bitcoins. U.S. prosecutors are also sitting on millions of dollars worth of the currency which had belonged to Silk Road, an online market that authorities say was a conduit for purchasing drugs and computer hacking services.Reuters · ByMia Shanley

Could Bitcoin Surpass Google’s $369 Billion Market Cap?

While Los Angeles-based Wedbush is a respected securities firm, it doesn’t count itself among the first-tier of investment banks, or the ‘bulge bracket’ as its known on Wall Street. The Wedbush research report …coindesk.com

Feds seize Silk Road's $28 million Bitcoin wallet

In a press release on Thursday, the US Attorney's office for Manhattan announced the forfeiture of 29,655 Bitcoins seized from Silk Road, a dark web marketplace that facilitated the trade of drugs and other illegal activity.nakedsecurity.sophos.com

Indonesian Central Bank Warns Against Bitcoin

The Central Bank of Indonesia isn’t a fan of Bitcoins, it seems, as it warned people against the cryptocurrency, due to the risks it comes with. According to Indotelko, since the currency is not regulated under current …Softpedia

CBC KW sends Bitcoin over the airwaves

On The Morning Edition, CBC Kitchener-Waterloo was able to successfully transmit Bitcoin over radio waves. This makes what is believed to be the first known transmission of the digital currency by a public radio …CBC

	Guardian Liberty Voice Bitcoin Breaks State Power Guardian Liberty Voice - The power of the state breaks the more that people use bitcoin. As of recent, 10.71 million bitcoins are in existence. That is worth 207.929 million ...
	Are bitcoin's chances of acceptance getting better? PCWorld (blog) - Many countries are still grappling with the issues of crypto-currencies such as Bitcoin, of which there are at least 70. China's central bank, for example, ...
	The US bitcoin bonanza: how, where and when to sell? DAWN.com - NEW YORK: US prosecutors in Manhattan are sitting on a multimillion-dollar bitcoin gold mine. And it could get much bigger. Federal authorities ...
	Bitcoin is Poised to Shake the World: Are You Paying Attention? The Epoch Times - There was a time when Bitcoin was able to rub up against the old financial world without anyone noticing. Now that time has gone. They're simply ...
	UK reviews Bitcoin tax as global regulators seek to cash in Financial Times - Britain is reviewing the tax treatment of Bitcoin, a virtual currency that governments fear can be used for tax evasion and money laundering.
	Sacramento Kings lead way, accept online currency bitcoin Sacramento Bee - The Kings on Thursday became the first major pro sports team in America to accept the online currency known as Bitcoin – the latest example of the ...
	The Verge Korea's biggest Bitcoin exchange gets $400000 from Silicon Valley ... The Verge - South Korea's first Bitcoin startup, Korbit, has received $400,000 in seed funding from a group of investors. Korbit — which is also Korea's largest ...
	Daily Mail Texas medical clinic accepts BITCOIN as a form of payment Daily Mail - 'Bitcoin is a new money. Banks are taken away from the formula. It allows direct transactions between the end user and the person providing the ...
	Physical Bitcoins: Finding a Replacement for Cash Men's News Daily - Bag of bitcoin One of the main hiccups for Bitcoin, especially when it comes to the older generation, is that you can't really hold bitcoins in your hand.
	PFhub Porn Could be Set to Catapult Bitcoin into Mainstream Adoption PFhub - bitcoin Regardless of how you feel about porn it's a large part of our financial ecosystem. It's estimated that $97.06 billion dollars is spent world wide ...
	BLOGS
	Bitcoin's Recent Price Stability Could Point To Growing Maturity ... Alex Wilhelm - The nearly boozy Bitcoin rallies and crashes of 2013 led to endless media coverage, rising mass market knowledge of its existence, and piece by ...
	Bitcoin: miracle or madness? | Gavyn Davies - Blogs - Financial Times Gavyn Davies - Gavyn Davies blogs for the Financial Times on macroeconomics, economic policymaking and the financial markets. Gavyn Davies is a ...
	First Bitcoin, Now In-Game Google Glass: The Sacramento Kings ... Ben Sin - Less than a week after they became the first professional sports franchise to accept the digital currency Bitcoin, the Kings announced they will be ...
	Winkelvoss Bitcoin ETF Concept Inches Along | ETF Trends Tom Lydon - With all the controversy and hoopla surrounding bitcoin, the volatile digital currency, investors looking to access the currency via an exchange traded ...
	Bitcoin, Gold, and the Quantity of Money | Gold Silver Worlds Gold Silver Worlds - Only gold serves as the objective measure of value necessary to act as the numeraire. It is no coincidence that the quantity of monetary gold is not ...
	Bitcoin: Paving the Way for a Global Cashless Society | Real ... Anthony Migchels - After five years of Bitcoin, the verdict is out: it is a 'free market' Globalist dream, paving the way for a global cashless currency. For HenryMakow.com ...
	A quick look at Bitcoin transaction volume | cryptonomics Robert Sams - A common rationale for owning Bitcoin is that its logarithmic money supply makes it a good store-of-value (SOV). Like precious metals or rare ...
	The US Government's Bitcoin Bonanza - The Jakarta Globe Reuters - US prosecutors in Manhattan are sitting on a multimillion-dollar bitcoin gold mine. And it could get much bigger.
	The Legal Crowd Now Calls Bitcoin “Prosecution Futures” Robert Wenzel - “Bitcoin isn't really a 'coin' as much as a distributed, public balance ledger,” Mr. Weaver added, “with every balance and transaction recorded.”.
	The second wave: forking the Bitcoin Protocol and what it means for ... Michel Bauwens - “A programmer can piggyback on the bitcoin code, customise it, and within a day give you your own currency. There are around 70 cryptocurrencies ...