Digital49ers
 
vires in numeris
Bitcoin is an experimental digital currency that allows instant payments to anyone, anywhere in the world. Bitcoin uses peer-to-peer technology to operate with no central authority. Money transfers and the minting of new coins are carried out collectively by the network. The open source software that enables Bitcoin is released under the MIT license. Click here for a concise explanation of how it works or here for a detailed technical description.
Keep Calm and Slave On
Kaspersky: Cryptocurrency Scammers Stole $2.3 Million in Q2
15 Aug 2018 02:00 Cybercriminals earned more than $2.3 million from cryptocurrency scams during the second quarter of 2018, a new study reports.

Venezuela to Peg Pension, Salary Systems to Petro Cryptocurrency
14 Aug 2018 23:30 Venezuela is set to begin using its "petro" cryptocurrency as an official accounting unit, according to the country's president.

Playboy Files Fraud Lawsuit Against Blockchain Startup
14 Aug 2018 20:30 Playboy is suing Canadian blockchain company Global Blockchain Technologies (GBT) for fraud and breach of contract.

The Code for an Anonymous Lightning Network is Now Live
14 Aug 2018 19:30 A private version of the crypto protocol lightning network is headed to zcash, with the potential it could be added for other blockchains soon.

Judge Denies Effort to Move XRP Investor Lawsuit to Lower Court
14 Aug 2018 18:00 A district judge has slapped down an investor's effort to move a lawsuit against payments firm Ripple to a lower court.

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"The root problem with conventional currency is all the trust that's required to make it work. The central bank must be trusted not to debase the currency, but the history of fiat currencies is full of breaches of that trust. Banks must be trusted to hold our money and transfer it electronically, but they lend it out in waves of credit bubbles with barely a fraction in reserve. We have to trust them with our privacy, trust them not to let identity thieves drain our accounts. Their massive overhead costs make micropayments impossible. With e-currency based on cryptographic proof, without the need to trust a third party middleman, money can be secure and transactions effortless."
Satoshi Nakamoto