Bitcoin 0.5
March 15, 2015

IBM is creating a Bitcoin clone, but one that is controlled by a third party. This completely misses the point of Bitcoin and would simply serve to create a weaker imitation. I say this because Bitcoin is an open source technology and anyone can contribute and build upon the Bitcoin network. It is a free […]

Bitcoin is Freedom
March 11, 2015

As time marches on and technology progresses at an astonishing rate, we find ourselves with more freedom. Freedom to do the things that we want and more spare time on our hands to take part in the leisure pursuits that we enjoy. We live in the mechanisation of a modern world where its heart beats […]

Finally a Bitcoin ATM at Cardiff
February 23, 2015

UPDATE:- This event was cancelled by Satoshipoint but a Lamassu has opened at The Castle Emporium and there are also rumours of another at CEX in Cardiff. There is finally a Bitcoin ATM opening in Cardiff which is being arranged by both Bitcoin Wales and satoshipoint.co.uk. This is a landmark occasion for Bitcoin in Wales and possibly […]

Bull Run in 2015?
January 27, 2015

As mentioned in my previous post, 2014 has been a good year for the infrastructure of Bitcoin. The fundamentals are still sound and people are still confident about the success of this technology. The price has dropped during 2014 but this was needed as the price was far too obscene when it went above the […]

News
Bitcoin As A Content Type
December 24, 2014

Thanks to the wonderful and knowledgeable Andreas Antonopoulos I am constantly learning more and more about Bitcoin. With the scale and breadth of Bitcoin as a payments network, remittance network, tipping network, store of value, etc. It is hard to remember what Bitcoin is and what it could one day become. Andreas is constantly coming […]

Bitcoin for Dummies (Part 2)
December 16, 2014

As talked about in my last blog post, Bitcoin is an open source protocol that allows you to transfer value across the world’s most powerful computing network. The beauty of Bitcoin is the fact that it is a fast and stable foundation for which anyone can build applications on top of. Bitcoin allows programmers to […]

Bitcoin for Dummies (Part 1)
December 13, 2014

I shall try to simplify what bitcoin is, so that anyone can understand Bitcoin and its possible implications on the world. In today’s world you have money in your bank. For this example we shall say £1000. This £1000 is stored on a banks computer. Nearly everyone’s money is stored electronically on a bank computer. When we […]

The Tipping Point of Bitcoin?
December 12, 2014

Services are developing, the Bitcoin network is growing bigger, transactions are increasing and more and more merchants are accepting Bitcoin. We could very well be on the verge of mainstream adoption. 2014 has been the year of growth of the Bitcoin infrastructure which is a good thing! For the public to accept Bitcoin there needs […]

Australia’s Backwards Tax
December 6, 2014

It seems that Australia has made the mistake of effectively double taxing Bitcoin by classifying it as an asset instead of a currency. This will cause a migration of Bitcoin companies and services to leave the area and migrate to greener pastures. It is already documented that Coinjar , the main Australian Bitcoin exchange shall relocate their main […]