bitcoin

Bitcoin and the Blockchain

14 March 2015

It’s hard to believe that a whole year has passed since I last wrote on the topic of bitcoin, and my remaining 1 bitcoin is worth rather less than it was back then. During the week I presented at the Sydney Financial Mathematics Workshop on the topic of bitcoin, taking a rather more technical look at […]

3 comments Read the full article →

I’m with Felix

16 February 2014

FT blogger Felix Salmon and venture capitalist Ben Horowitz have very different views of the future of Bitcoin. Salmon is a skeptic, while Horowitz is a believer. A couple of weeks ago on Planet Money they agreed to test their differences with a wager. Rather than a simple bet on the value of Bitcoin, the bet centres […]

4 comments Read the full article →

Can I trust MtGox with my passport?

12 June 2013

In March 2013, the US Financial Crimes Enforcement Network (“FinCen”) published a statement saying that companies which facilitate buying and selling of “virtual” currencies like Bitcoin constitute “money service businesses” and are subject to reporting obligations designed to prevent money laundering and other financial crimes. A couple of months later, the seizure by US authorities of Liberty Reserve has shaken money service […]

11 comments Read the full article →

Bitcoin: what is it good for?

4 May 2013

Bitcoin has been a hot topic in the news over the last few weeks. The digital currency has its adherents. The Winklevoss twins, made famous by the movie Social Network after suing Mark Zuckerberg for allegedly stealing the concept of Facebook, now purportedly own millions of dollars worth of Bitcoins. It also has its detractors. […]

21 comments Read the full article →

Bitcoin revisited

5 March 2012

Just over a year ago, I wrote about the digital “crypto-currency” Bitcoin. It has been an eventful year for Bitcoin. Designed to provide a secure yet anonymous, decentralised means for making payments online, the first Bitcoins were virtually minted in 2009. By early 2011, Bitcoin had begun to attract attention. Various sites, including the not-for-profit […]

5 comments Read the full article →

Virtual currency

22 February 2011

Thanks to my new job, the rate of Stubborn Mule posts has declined somewhat over the last few weeks (to say nothing of Mule Bites podcasts!). Still, my commute has allowed me to catch up on my podcast listening and a particularly interesting one was the recent Security Now episode about the “virtual currency” Bitcoin. […]

20 comments Read the full article →