Bitcoin is a peer-to-peer payment system introduced as open source software in 2009 by developer Satoshi Nakamoto. The digital currency created and used in the system is also called bitcoin and is alternatively referred to as a virtual currency, electronic money, or cryptocurrency. The bitcoin system is not controlled by a single entity, like a central bank, which has led the US Treasury to call bitcoin a decentralized currency.Bitcoins are created as a reward for payment processing work in which users who offer their computing power verify and record payments into a public ledger. Called mining, individuals engage in this activity in exchange for transaction fees and newly minted bitcoins.
Posts about Bitcoin
  • UC Berkeley student develops way to track human trafficking rings through Bitcoin

    … Not too along ago, the major credit card companies in the U.S. stopped Backpage from accepting payments through credit and debit cards for Backpage’s sex trafficking ads. Backpage then started accepting the cryptocurrency Bitcoin for placement of their ads. Now, a Ph.D. candidate from UC Berkeley has come up with a system to track human…

    Greg's Corner- 16 readers -
  • What is an ICO and what does it mean to new businesses?

    … would trade your Bitcoin or Ethereum (both relatively established cryptocurrencies) for new coins the company had just created. It’s a risky venture, but could be extremely lucrative if you place your bet on the correct company. What’s the difference between an ICO and an IPO? Big, or the SEC will come after you! In an IPO, a company divvies out…

    {grow}- 15 readers -
  • How The Blockchain Will Change Digital Marketing

    …If you’re like most people you probably think of Bitcoin when you hear the word “blockchain.” While Bitcoin was the first application of blockchain technology, the fundamental principle of how “digital ledgers” work has many more applications than just cryptocurrency. One which I’m keen on watching unfold is the potential use in digital marketing and […]…

    Harris Schachter/ OptimizePrimein How To's- 33 readers -
  • Is a rogue state exerting undue influence on Bitcoin?

    … Cryptocurrency Bitcoin is back in the news this week after its advocates celebrated the fact that its value has risen past the $2,000 mark for the first time in its seven-year history. Many claim it’s due to policy changes in Japan and China that have made it easier for traders to buy into Bitcoin. However, could there be a more nefarious reason…

    Greg's Corner- 14 readers -
  • What is Blockchain and what is its impact on marketing?

    … By Kiki Schirr, {grow} Contributing Columnist Bitcoin, the largest and most famous cryptocurrency, is always in the news these days. You might have a few coins in a wallet yourself, or might feel a little overwhelmed at the thought of investing in such a volatile market. But even if Bitcoin eventually fails (which is looking ever less likely…

    {grow}- 21 readers -
  • Donuts invests in Bitcoin startup

    … Donuts has made an investment in Netki, a company focused on digital wallets used in Bitcoin and other e-money systems. Netki’s service is designed to make it easier to locate the wallets Bitcoin users use when they send and receive money, which are usually gibberish strings of around 34 characters. The company service, when integrated…

    Kevin Murphy/ DomainIncite- 12 readers -
  • 5 Hot Trends for 2015: Which Will Benefit Your Business?

    … know in the comments! About the Author: Susan Solovic is THE Small Business Expert. Sign up for Susan’s Success Tips Newsletter and get your free copy of “Smart Marketing Strategies for Small Biz” ebook. The post 5 Hot Trends for 2015: Which Will Benefit Your Business? appeared first on Constant Contact Blogs. …

    Susan Solovic/ Constant Contact- 19 readers -
  • 5 things we learned about building a new media company

    … Last year was supposed to have ushered in a golden age for journalism. Old and new media alike got infusions from tech-rich entrepreneurs like eBay founder Pierre Omidyar and Amazon’s Jeff Bezos, not to mention venture capitalists. Undaunted by the difficulties of digital publishing, new startups were launched, fueled by the belief in new ways…

    Lucia Moses/ Digiday- 11 readers -
  • E-commerce Psychology: Is Your Site’s Design Losing Customers?

    … E-commerce Psychology: Is Your Site’s Design Losing Customers? The traffic you are receiving is not leading to sales. Your promotion costs are mounting, but conversions dwindling. Are you finding it hard to retain even your existing customers? Most e-commerce businesses spend a lot of resources on figuring out how to get more traffic. All…

    Owen Andrew/ Rise to the Top- 23 readers -
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