Bits & Pieces Weekly

Big Money Holding Bitcoin – Bits & Pieces #17

Bitcoin Bulls and Bears

The Bitcoin community learned over the last few days that the Bitcoin Investment Trust (BIT) will become the world’s first publicly traded Bitcoin fund. On one hand, that’s pretty darn cool. Lots of people out there might start considering Bitcoin more legitimate when they see that a Bitcoin fund has approval from FINRA and can be listed on exchanges just like stocks. A closer look, however, reveals some details that make me slightly uneasy.…

Read More »

Art in the Bitcoin World – Bits & Pieces #16

Bitcoin Art - Bloomberg Businessweek

Some people like to mock art and culture. Certain forms of expression like classical music, poetry, painting, and sculpting probably take more heat than they deserve. I’m not here to tell you that you should love all of that, but I think it’s worth considering the power of art, even in the Bitcoin and liberty spheres. Some art might deserve a brief scoff, but as a whole, art is not nearly as obscure as some …

Read More »

The Internet Is Not Free – Bits & Pieces #15

I spent this past weekend meeting all kinds of awesome liberty-minded people at the International Students for Liberty Conference in Washington, D.C. My main job at the event was to tell people about free Liberty.me memberships, and as I explained the endless list of the site’s benefits to student after student, one of them offered a somewhat shocking perspective.

“I’d rather not sign up,” he said, “Because I don’t believe the internet is free anymore.” …

Read More »

The Law Wants Bitcoin. Are We Prepared? – Bits & Pieces #14

Regulation in Bitcoin

Last week, on February 4, two dreadful pieces of news hit the Bitcoin space. First, Ross Ulbricht, the alleged creator of a Bitcoin black marketplace, was found guilty on all seven charges that he was facing.

Ross Ulbricht found guilty on ALL charges, facing life in prison #SilkRoadTrial

— Alexey Yaroshevsky (@Yaro_RT) February 4, 2015

Then just hours later, Benjamin Lawsky thought it would be a great idea to announce his BitLicense revision a …

Read More »

Bitcoin, the Super Bowl, and Force – Bits & Pieces #13

Despite my general lack of interest in sports, I often find myself looking forward to the Super Bowl. I usually watch for the commercials, but I’ll admit that I was also excited to see Katy Perry’s halftime show last night and found it surprisingly enjoyable. The actual game of football, on the other hand, I find only mildly entertaining. I usually get turned off by fans who are far too crazed about “their” teams. During …

Read More »

Bitcoin Doesn’t Need Money – Bits & Pieces #12

Profit from Bitcoin
Daniel is out of town this week so the following Bits & Pieces column is by Tim Baker. Enjoy!

  I’m glad Bitcoin has crashed (relatively) and I think you should be too. Actually, it’s not that Bitcoin has crashed so much as the USD/BTC exchange rate has plummeted. That rate has absolutely nothing to do with the technology that is Bitcoin. Right now, Bitcoin is most prominently used as a medium of exchange, and …

Read More »

Ulbricht, Karpeles, Silk Road, Gox, DPR, and Morality – Bits & Pieces #11

I recently enjoyed reading this article by Dan Krol from Bitcoin Not Bombs. The piece is about some surprising new testimony coming from the trial of Ross Ulbricht, the alleged mastermind behind the Silk Road. You should already know this, but the Silk Road was a fairly large, online, underground marketplace that used Bitcoin to facilitate the trade of illegal goods like drugs. It’s a fascinating article and it’s extremely relevant to me, given my …

Read More »

Bitcoin’s P2P Nature – Bits & Pieces #10

Bitcoin is P2P

Just last night, one of my favorite Bitcoiners, Jeffrey Tucker, released a brand new book, Bit by Bit. It’s all about how P2P technology is changing our world for the better. We’ve had Mr. Tucker on our show a few times before and his understanding of Bitcoin is superb.

In light of this release, I thought I might take some time to explain the peer-to-peer nature of Bitcoin. What makes it P2P and why …

Read More »