Tag: Bitcoin
Yesterday, Overstock.com became the first big online retailer to accept bitcoin as a form of payment, making good on an announcement last month that it would take the digital currency by the end of 2014. The first purchase, apparently, was a $2,700 patio set. Overstock CEO Patrick Byrne says he believes bitcoin will account for just […]
Steps from the New York Stock Exchange, in a storefront plastered with signs, lies a considerably smaller financial institution. This is the New York City Bitcoin Center, a startup company devoted to educating the masses about the ballyhooed cryptocurrency and making some cash while doing it. The center, which opened its doors on January 1st, […]
The real estate firm BOND New York is now accepting Bitcoin as payment for real estate transactions, meaning you could soon be paying broker fees in cryptocurrency. Apparently unfazed by Bitcoin’s wildly fluctuating valuation (it is doing quite well right now), the firm offered a wholehearted endorsement of the currency. “Bitcoin is a convenient and […]
Now that Dogecoin is dead, you’ll need another cyrptocurrency based on a pop cultural meme in which to invest all your hard-earned money. Enter Coinye, a totally-not-a-joke digital currency based on Yeezus himself. In an interview with Noisey, Coinye’s creators say they’re interested in reaching users who wouldn’t otherwise be interested in this sort of […]
Cody Wilson, the guy behind Defense Distributed and the controversial face of 3D-printed guns, is now turning to another bastion of techno-libertarianism: Bitcoin. He’s partnering with Bitcoin veteran Amir Taaki to create Dark Wallet, a browser plugin that hopes to present a user-friendly way to store and exchange the virtual currency. Of course, this being […]
Andy Warhol once famously said, “I like money on the wall. Say you were going to buy a $200,000 painting, I think you should take that money, tie it up and hang it on the wall.” He took his own advice, after a fashion, when he painted “200 One Dollar Bills,” a canvas of screenprints […]
You probably haven’t run into the artist LaTurbo Avedon at a new media gallery opening or bummed a cigarette outside “the club.” She has a shock of bright blonde hair recently shaved down to that undercut that’s so popular at the moment, misty hazel eyes, and porcelain skin, plus a hyperactive social media presence to […]
Bitcoin: Currency of the future! Speculative bubble! Somewhere in between those two! Wherever you stand on the viability of the hot-button crypto-currency, chances are you’ve seen (and potentially been beguiled by) references to Bitcoin mining, the process by which hyper-powerful computers work through a series of hyper-complicated computations in hopes of stumbling across some digital […]
If you don’t actively use the virtual currency Bitcoin, it can be difficult to truly understand some basic facts about it: Just how widely is Bitcoin really used? How often do people make transactions using the currency, and how big is the average payout? Are we talking about the equivalent of petty cash transactions or […]
