SynCurrency: Ripple Is Now A Tsunami
May 12th, 2013
Via Bitcoin Trader, an interesting look at Ripple, a new digital currency from a startup called OpenCoin.com: Just like that, Ripple’s market cap now exceeds that of Bitcoin. There are a lot of people asking just what the heck is going on, and of course, trying to figure out if this is just another digital […]
Read more »SynCurrency: Are Bitcoins The Future?
May 12th, 2013
Via Priceonomics, another look at Bitcoins: Amid bank bailouts and global recession, an unknown hacker operating under the false name Satoshi Nakamoto released an open-source code for a global, digital currency in January 2009. Running on a decentralized peer-to-peer online network, the currency does not rely on governments, corporations, or any single entity. It is […]
Read more »SynCurrency: Alternative Currenciues
May 5th, 2013
Via JWT Intelligence, a brief article on alternative currencies: At Contagious magazine’s Now/Next/Why daylong conference in New York yesterday, the emergence of alternative currencies was a hot topic. The dramatic rise and fall of Bitcoin has highlighted the fact that consumer confidence is shifting away from traditional institutions like governments and central banks in favor […]
Read more »SynCurrency: Creating Untraceable and Comprehensive Financial System Using Bitcoin
May 5th, 2013
Via Quartz, an interesting article on the rise of alternative currencies: What’s often missed about alternative currencies like bitcoin is that they weren’t just made for buying and selling things. Nor are they simply tools for financial speculation. Bitcoin is also a payment system, allowing anyone to transfer money anonymously, immediately, irreversibly—and, if you like, illicitly. […]
Read more »SynCurrency: Unfazed By Bitcoin’s Wild Swings And Mysterious Origins, Silicon Valley VCs Place Their Bets
May 5th, 2013
Via TechCrunch, a report on Bitcoin and other new crypto-currencies like Ripple: Bitcoin’s record highs and the ensuring surge in hacking attempts and thefts may be grabbing headlines. However, beneath the chaos, Silicon Valley’s best-known venture firms are finally starting to make real bets around the crypto-currency. The price of a single bitcoin had more […]
Read more »SynCurrency: Bitcoin – A Disruptive Technology
May 5th, 2013
Via Forbes, an interesting article on Bitcoins: A financial network is a technological platform that people build businesses on top of. And the traditional banking and credit card networks are closed platforms. If you want to build an e-commerce site, a payment network like Paypal, or any other service that deals in dollars, you need […]
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