Is Bitcoin Booming?
The word Bitcoin has often been associated with drug dealings and other nefarious activities where anonymity is important. Some pundits believe Bitcoin may fizzle, although they like the Blockchain technology which provides the infrastructure for Bitcoin and other crypto currencies. I am bullish on blockchain also, but feel Bitcoin may have a long life ahead […]
Blockchain: The Technology Foundation For Internet Transactions
On May 16, Jerry Cuomo, IBM’s Vice President for Blockchain, testified before the President’s Commission on Enhancing National Cyber Security. Cuomo said he believes the technology could dramatically change the way financial systems are secured and that government, technology companies and industries should work together to advance blockchain to enhance national security. IBM has some creditability in this area. Eighty years […]
Bratislava Bitcoin
As of 2015 there were more than 400 bitcoin ATMs globally, mostly in North America. A friend of mine is vacationing in Bratislava, Slovakia, and sent me this picture. Bitcoin ATMs work in conjunction with mobile phones. To buy bitcoin, you enter your mobile phone number on the ATM and then confirm a verification code. […]
It’s Still Early for Bitcoin
I first wrote about Bitcoin on January 8, 2014. (See all 33 stories). I continue to believe we are at the very early stage of development for the digital currency. Jacob Donnelly wrote an excellent article in his Cryppto Brief blog describing the past, present, and future of Bitcoin. See Here’s what the future of bitcoin […]
Bitcoin Alive and Well
Bitcoin had a very positive 2015. While there is growing support for blockchain technology, the underlying infrastructure which enables the bitcoin digital currency to operate, there are many skeptics about the currency itself. I remain optimistic and see bitcoin as evolving. Coinbase did a nice review of the bitcoin ecosystem and how it has matured in […]
