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Why is Bitcoin worth 5.5 times more than gold?

Bitcoin's appeal has surpassed that of gold by at least one measure reported by Bloomberg.com: According to Google Trends, global searches for “buy bitcoin” have overtaken “buy gold” after previously exceeding searches...

Bitcoin hits all-time high for second time in 3 days on announcement of Bitcoin...

(Updated 11:02 a.m. Central time U.S.) -- GDAX reached a new all-time high in the 10 to 11 a.m. hour Central time U.S. at 6,422.68. (Updated 10:03 a.m. Central time U.S.) --...
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The future of money … is getting much closer

What happens when the way we buy, sell and pay for things changes, perhaps even removing the need for banks or currency exchange bureaus? That's the radical promise of a world...

Bitcoin may be Amazon’s counterpunch to the banking industry

(Updated October 26, 2017 at 8:23 p.m. Central time U.S.) -- The Amazon earnings report conference call contained no mention of Bitcoin. Rumors that Amazon.com might announce its acceptance of Bitcoin as...

Australian parliament stops double taxation of Bitcoin

Bitcoin will get the same tax treatment as foreign currency after new laws to stop double taxation cleared parliament, The Australian reported today. After July 1, 2018, digital currencies bought by Australians...
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Demand for Bitcoin skyrockets in Venezuela as Bolivar value plummets

The demand for Bitcoin in Venezuela is increasing at an exponential rate in the wake of hyperinflation that has drained much of the value of the Bolivar, the local currency. It...
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Report: Goldman Sachs exploring Bitcoin trading operation

For the first time, a blue-chip Wall Street firm is considering direct involvement in the Bitcoin trading market, according to a report today. The Wall Street Journal reported: Goldman Sachs Group Inc. is weighing a...

Venezuela on verge of making Bitcoin its official currency?

Venezuela's national currency, the Bolivar, has become nearly worthless due to hyperinflation. According to Futurism.com: A simple lunch can now cost up to 200,000 Bolivars ($8-$10) prompting people to resort to using Bitcoin...
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