Digital Money

By: editor
Posted: Tuesday, February 14, 2017 - 13:40

Accepting bitcoin is not only a good way for your “business to consumer” activity, but also for paying affiliates, especially if they are located in emerging markets such as Asia, South America, and Africa. Countries like China, Hong Kong, Macau, Taiwan, India, Pakistan, Bangladesh, Philippines, Vietnam, Argentina, Brazil, Colombia, Russia, Ukraine, Georgia, Kenya, Nigeria, Ghana, and South Africa are perfect for payouts in bitcoin.

By: editor
Posted: Monday, December 19, 2016 - 17:39

 

 

A Little Bit of Money

Thought Experiments on Cross-Border Payments - Of Couriers, Bankers, and Bitcoiners

Series 13: Bitcoin - A Nest Teeming with Digital Ants

Marco Polo Got Laughed at When He Suggested Paper Money

By: editor
Posted: Thursday, November 24, 2016 - 13:56

A Little Bit of Money

Thought Experiments on Cross-Border Payments - Of Couriers, Bankers, and Bitcoiners

Series 11: Evolving Forms of Money and Advancing Financial Technology

The Land of Bitcoin

By: Benscha
Posted: Thursday, September 29, 2016 - 13:48

Thought Experiments on Cross-Border Payments - Of Couriers, Bankers, and Bitcoiners

Series 1: Innocent Until Proven Guilty

A Little «Bit» of Money in My Life

By: Benscha
Posted: Monday, July 18, 2016 - 18:01

[May 26, 2016] – Alexandria, Virginia, USA – Payment21®, a global provider of AML-compliant Bitcoin payments announced today its recent filing of a utility patent application with the United States Patent and Trademark Office for its “Dynamic Delivery Authorization for Cryptographic Payments.”

By: Benscha
Posted: Friday, April 15, 2016 - 09:18

Digital money users do not have to pay value added tax (VAT) on Bitcoin transactions in Switzerland. The Swiss Federal Tax Administration (FTA) has announced there will be no VAT on Bitcoin transactions, according to Bitcoin Association Switzerland.

By: Benscha
Posted: Thursday, April 14, 2016 - 15:22

The Monetary Authority of Singapore, the city-state’s central bank, has funded a block chain-based record-keeping system as part of a five-year investment plan aimed at financial technology. Managing director Ravi Menon announced the Financial Sector Technology & Innovation initiative during a speech at the Global Technology Law Conference 2015 in Singapore.

By: Benscha
Posted: Friday, April 15, 2016 - 09:30

The European Banking Association (EBA) has issued a new research paper on Crypto technologies, a major IT innovation and catalyst for change. The paper covers four use cases of crypto technologies: currencies, asset registries, application stacks and asset-centric technologies. The EBA paper perceives the distributed ledger to be the driving innovation:

By: Benscha
Posted: Saturday, April 16, 2016 - 03:38

Zurich/Delaware, March 2015. The owner of the Payment21®-brand is now registered as a financial intermediary in Switzerland. The third-party processor is supervised  by  a semi-governmental  regulatory  organization  for compliance  with  Anti-Money-Laundering  (AML)  laws  and Know-Your-Customer (KYC) rules. This regulatory body acts on behalf of the Swiss Financial Market Authority.

By: Benscha
Posted: Saturday, April 16, 2016 - 03:46

Taking into account that Bitcoin could revolutionize the existing methods of payment, the Bank of England’s “One Bank Research Agenda Discussion Paper” investigates the possibility of mint

By: Benscha
Posted: Sunday, April 17, 2016 - 00:34

IBM-expert is bullish on Bitcoin: “This is a field where you truly have to be interdisciplinary to make progress.”

Richard Gendal Brown is IBM’s-architect on innovation in banking and financial markets. In a Finextra interview he talks about the future of Bitcoin.

By: Benscha
Posted: Sunday, April 17, 2016 - 00:43

The other day we were discussing the possibility of state-made cryptographic coins for book money creation by banks.

In such a scenario, banks would issue digital money against credit following the pattern of book money creation. At the end of the day, there would be digital cash pegged to legal tender besides the usual metal coins and paper monies.

By: Benscha
Posted: Sunday, April 17, 2016 - 00:45

The new finance minister of Greece outlined in a detailed blog post, how a Bitcoin-like virtual currency could be used to get around the ECB’s monopoly on money creation.

By: Benscha
Posted: Monday, April 18, 2016 - 17:08

Voices of Liberty’s Joe Gressis speaks with economics professors George Selgin and William J. Luther, and cryptocurrency enthusiasts Andreas Antonopoulos, Amanda Billyrock and Mark Friedenbach regarding the the future of money and how cryptocurrencies could affect the global landscape.

By: Benscha
Posted: Monday, April 18, 2016 - 17:28

Richard Gendal Brown, IT-Architect for IBM UK in charge for innovation in banking and financial markets, discusses why the payment card system works the way it does – and why Bitcoin isn’t going to replace it any time soon.

Begin accepting digital payments in 5 easy steps