Crowdfunding Bitcoin Startups
Prototype Today, Release Tomorrow, Make It Pretty Later

Chyden LLC has been running Pecuniology.com as an educational service since 2009, and we will continue to provide Business education as an integral part of our core mission of promoting economic and financial literacy worldwide. However, we are as much about doing business as we about teaching it. Beginning in early 2013, we are migrating our charitable activities to a new domain name, and focusing this one on crowdfunding Bitcoin startups.

Our first priority here is to be ready to take advantage of the JOBS Act of 2012 as soon as the SEC has released the final rules. The main thing is that if you are planning a startup venture that incorporates Bitcoin, perhaps we can be of assistance.

Invest accordingly.

Prof. Evans
prof{dot}evans{at}pecuniology{dot}com

in the meantime...

United States Small Business Administration
Introduction to Crowdfunding for Entrepreneurs

This self-paced training exercise is an overview of crowdfunding. The
highlighted next steps at the conclusion of the program will help you
apply what you have learned and engage you in the process of
crowdfunding in the USA.


After you familiarize yourself with the crowdfunding process, wherever
you are in the world, when you are ready to begin raising investment
funds in the USA, Chyden LLC's pecuniologists can help:

  • Open a bank account.
  • Incorporate your business.
  • Develop your business plan.
  • Set up your accounting system.
The Big Book of Bitcoin

"Bitcoin is an electronic pseudo-anonymous decentralized crypto-currency.
There. That was a mouthful. But what does it actually mean?"
—Alvaro Feito


After you familiarize yourself with Bitcoin and you are ready to install
a wallet onto your computer, contact us!

links

CoinRegistrar Is in Beta!
Chyden LLC, 10 May 2013
"After months of planning, CoinRegistrar—the Bitcoin Address Registry of Trademarked Bitcoin Addresses, CoinMarks—has gone live.

CoinRegistrar is for the Bitcoin user who wants to establish the reputation of a Bitcoin Address as a permanent entity, like a trademark. Unlike anonymous or one-time Bitcoin Addresses used for privacy reasons, a CoinMark serves as a means for establishing one's brand and helping to ensure the integrity of one's Bitcoin Signature, especially when using it to sign contracts."

CoinRegistrar

Bitcoin: This Decade's Gold Rush
Prof. Evans, 19 March 2013
"Approximately once per decade, the market experiences a Gold Rush, a once-in-a-lifetime opportunity that, once missed, is gone forever... Bitcoin appears to be such a Gold Rush, especially now that it has received the regulatory green light in the USA."
Pecuniology Blog

Bitcoin Primer: What You Need to Know About the New Virtual Currency
Sarah E. Needleman and Spencer E. Ante, 8 May 2013
"Bitcoin startups are beginning to raise sizable investment capital even as industry leaders warn that hackers are abusing the Internet virtual currency for profit. Supporters of Bitcoin say it offers anonymity and a cheap way to transact business across borders. But critics say Bitcoin faces so many regulatory and technical hurdles it will never mature into a mainstream currency. Here's what you need to know"
Wall Street Journal

Bitcoin Talk
Discussion Board


news

The Bitcoin Buzz and How Young Entrepreneurs Are Cashing In
Andrea Huspeni, 11 May 2013
"Bitcoin may be a virtual currency, but the buzz it's getting on the street is very real. You can't open a website or newspaper these days without reading about Bitcoin."
Entrepreneur

Wary of Bitcoin? A Guide to Some Other Cryptocurrencies
Ian Steadman, 11 May 2013
"You can fill your virtual pockets with Litecoin, PPCoin, or Freicoin."
Wired UK

IG Offers Clients the Opportunity to Trade on Bitcoin
IG, 7 May 2013
"Australia's largest Contract for Difference (an agreement to exchange the difference in value of a particular asset between the time at which a contract is opened and the time at which it is closed) and Foreign Exchange provider has started offering a limited-risk binary option on Bitcoin. "
Press Release

Coinbase Nabs $5M in Biggest Funding for Bitcoin Startup
Sarah E. Needleman, 7 May 2013
"Eleven-month-old startup Coinbase announced Tuesday the largest funding round to date for a Bitcoin startup, a $5 million investment led by Union Square Ventures."
Wall Street Journal

BitTorrent Goes Legit with New 'Gated' File Format
Adrianne Jeffries, 7 May 2013
"BitTorrent, Inc., which invented BitTorrent and owns the most popular client, is releasing a version of the torrent file called the BitTorrent Bundle. The Bundle format allows creators to require an action before users can download. That means creators can require a payment, a pay-what-you-want fee, or email registration, for example."
The Verge

Why Tech's Finance Wizards Are Tearing Out Their Hair
Ryan Tate, 7 May 2013
"Four hundred days ago Friday, ordinary people won the right to invest in startups through the so-called 'crowdfunding' provisions of the JOBS Act. But 125 days ago, federal securities regulators missed the deadline to explain how they will bring those rights into existence, and now it looks unlikely any crowdfunding will actually happen until the middle of next year."
Wired

Accredited Crowdfunding Platforms Granted SEC No-Action Relief from Broker Dealer Registration
Simon Riveles, 7 May 2013
"In two recent no-action letters the SEC granted exemptive relief from broker dealer registration to crowdfunding sites accepting only pre-screened accredited investors on the basis that the platforms received carried interest rather than transaction based compensation. "
PRWeb

What Makes Financial Cryptography the Absolutely Most Fun Field to Be In?
Ian Grigg, 6 May 2013
"Welcome to financial cryptography—that domain where things matter. It is this specialness, that one's code actually matters, that makes it worthwhile."
Financial Cryptography blog

Low-Cost Government
Graham Brown, 6 May 2013
"So what of those who need low-cost government, what of those don't have capital or qualifications, where can they go? Nowhere, legally, that's the answer. Now there is the possibility of a start-up city, there is a chance to provide such a place. So what would that look like?"
Dreams of Cities blog

Help Wanted: Bitcoin, 3-D Printing, Google Glass
Aki Ito, 6 May 2013
"Job postings referencing Bitcoin surged 433 percent in January through March compared to a year earlier, while jobs based on 3-D printing rose 206 percent, according to Elance Inc., a service that connects employers with remote online freelancers."
Bloomberg

Coinbase Now Processing $15M per Month in Bitcoin Buys and Sells
Coinbase, 6 May 2013
"Back in February we announced that over $1M USD worth of bitcoin was being bought and sold each month on Coinbase. Here we are a little less than 3 months later and we’re now doing $15M USD per month of bitcoin buys and sells."
The Coinbase Blog

US Regulators Eye Bitcoin Supervision
Tracy Alloway, Gregory Meyer and Stephen Foley, 6 May 2013
"Senior CFTC officials at are discussing whether Bitcoin, the controversial cyber-currency, might fall under their regulatory remit."
Financial Times

Lenders May Create Bitcoin Rivals, Says New Zealand Bank Group
David Fickling, 5 May 2013
"Commercial banks may create digital currencies to rival Bitcoin, the virtual money whose U.S. dollar value collapsed by 46 percent in 24 hours last month, the head of New Zealand's banking lobby said today. "
Bloomberg

Bitcoin on the PayPal Network
Jon Matonis, 4 May 2013
"Bitcoin doesn't need PayPal to be mobile, but PayPal probably needs Bitcoin to become seamlessly mobile."
Forbes

Let's Cut Through the Bitcoin Hype: A Hacker-Entrepreneur's Take
Dan Kaminsky, 3 May 2013
"Perhaps the only thing that's clear about Bitcoin is that it's not going away anytime soon."
Wired

How Pabst Beer Led to Equity Crowdfunding
Jeff Engel, 3 May 2013
"Supporters of equity crowdfunding trace its legalization in the U.S. partly to an attempted crowdfunding purchase of Pabst Brewing Co."
The Business Journal (Milwaukee)

Bitcoin vs. Ben Bernanke
James Freeman, 2 May 2013
"The chief scientist for the digital currency talks about its appeal--and pitfalls--in a world of fiat money.Wall Street Journal

Waiting for the Bond Bubble to Pop
Maureen Farrell, 3 May 2013
"The bond bubble keeps getting bigger, and investors are getting nervous. Junk bond yields have never been this low.CNN Money

Portable Bitcoin ATM Expected to Start Swapping Coins Soon
John P. Mello Jr., 3 May 2013
"In two weeks, the world will be able to get its hands on the first ATM designed to dispense Bitcoin.CIO

Now You Can Buy a Condo in the Trump Hotel With Bitcoins
Cadie Thompson, 2 May 2013
"Congratulations, rich people, there's now a luxury marketplace where you can spend your digital currency. BitPremier, an e-commerce site that launched Thursday, accepts only bitcoins (BTC).CNBC

Massive Bitcoin Business Partnership Devolves into $75 Million Lawsuit
Adrian Chen, 2 May 2013
"A much-hailed partnership between two of the most prominent players in Bitcoin, Mt. Gox and CoinLab, has devolved into a nasty $75 million lawsuit, which appears to be by far the biggest Bitcoin-related lawsuit ever.Gawker

Crowdfunding 2.0: Where Will It Go?
Mercer Bullard, 2 May 2013
"Congress has created a set of rules that will make equity crowdfunding too cumbersome for most businesses, but there is still a chance to get it right.Morningstar

How Porn Links and Ben Bernanke Snuck into Bitcoin's Code
Steve Hargreaves and Stacy Cowley, 2 May 2013
"There are coded messages hidden in the ledger that track bitcoin transactions. Most are innocuous, but this week, the discovery of a malicious transmission filled with porn links set the Bitcoin community abuzz.CNN Money

Patrick Murck Discusses Bitcoin With Financial Crime Specialists
Jon Matonis, 1 May 2013
"General Counsel at the Bitcoin Foundation and VP of Business Development and General Counsel at CoinLab, Patrick Murck, recorded a podcast on April 26th, 2013 with the Association of Certified Financial Crime Specialists, a group connecting the global financial crime community.The Monetary Future blog

PayPal Eyes Bitcoin's Disruptive Potential
Liam Tung, 1 May 2013
"PayPal, eBay's payments subsidiary, may be closer to accepting Bitcoin in the future, with the company saying it is well-placed to exploit the disruptive potential of the virtual currency."
Sydney Morning Herald

Living on Bitcoin for a Week: The Journey Begins
Kashmir Hill, 1 May 2013
"My editor issued a different challenge to test the currency’s legitimacy: “Don’t just buy Bitcoin. Live on it for a week.” Here’s to hoping I survive on the virtual tokens that promise to make online transactions more anonymous and decentralized."
Wired

The Online Drug Marketplace Silk Road Is Collapsing: Did Hackers, Government or Bitcoin Kill It?
Willard Foxton, 1 May 2013
"A look around on assorted forums linked to Silk Road finds lots of panic and not many hard facts. What's clear is that the site has been crippled by a series of denial of service (DDoS) attacks, which involve flooding the site with traffic."
The Telegraph

This 18-Slide Pitch Just Landed Payment Startup Dwolla $16.5 Million
Alyson Shontell, 30 April 2013
"Dwolla, a startup that makes it easy and cheap for businesses to collect payments, just raised a $16.5 million Series C round. The company charges $0.25 per transaction, not a percentage like credit card companies, and it has processed more than $1 billion to date. "
Business Insider

Big VC Says Bitcoin Is 'Gold 2.0. It's a Huge, Huge, Huge Deal'
Jeff Bercovici, 29 April 2013
"Likening Bitcoin to the 'red pill' from the movie The Matrix, which exposes those who take it to a hidden reality, Palihapitiya sounded as bullish as could be during a Q&A at TechCrunch Disrupt NY on Monday morning."
Forbes

Here's Why Bitcoin Is the Future of Money
Molly Wood, 29 April 2013
"Bitcoin may not last, but crypto-currency is here to stay -- it's only a matter of time before a government replaces paper with more traceable, secure digital money."
C|Net

Top Silicon Valley VC: I'm Investing in Bitcoin Startups
Alyson Shontell, 29 April 2013
"Chris Dixon, like many other Silicon Valley investors, is really excited about Bitcoin. He says he's invested a significant amount of money into it."
SFGate

The Elephant in the Payments Room
Jon Matonis, 29 April 2013
"The Internet and mobile payments gold rush is in full swing and venture capitalists are lapping it up."
American Banker

The Underground Recovery
James SuroWiecki, 29 April 2013
"When we all finished filing our tax returns last week, there was a little something missing: two trillion dollars. That's how much money Americans may have made in the past year that didn't get reported to the I.R.S."
The New Yorker

And the First Forex Broker to Offer Bitcoin Trading is...
Ron Finberg, 29 April 2013
"It was only a matter of time, and now UK licensed Plus500 becomes the first forex broker to launch bitcoin trading."
Forex Magnates

Bitcoin: World's Fastest Growing Currency Migrates off the Internet (Video)
Guy Grandjean and Kate Connolly, 26 April 2013
"n Kreuzberg, Berlin, virtual currency Bitcoin has expanded off the internet to become a favoured medium of exchange in real shops and bars. Joerg Platzer, the owner of bar Room 77 is helping to establish what he believes to be the world's first Bitcoin local economy"
The Guardian

Hot Docs: U.S. Producers Crowdfund Bitcoin for Internet Cash Documentary
Etan Vlessing, 26 April 2013
"The Rise and Rise of Bitcoin is being shopped this week at the Canadian festival as it includes the controversial robo-money in its production budget."
Hollywood Reporter

Ron Paul's Definition of Money Is Completely Backwards and Out of Date
Cullen Roche, 24 April 2013
"Money is not necessarily something physical. It really never has been. Money is first and foremost a means of final payment. That can come in many forms."
Business Insider

Here's Why Venture Capitalists Want To Make Bitcoin The 'Next Big Thing'
Matthew Boesler, 23 April 2013
"Venture capitalists see a much larger narrative surrounding Bitcoin, and the capital they can put to work shaping the future of this novel currency far exceeds the $1.4 billion of Bitcoin value currently in the system."
Business Insider

BitTorrent's Secure Dropbox Alternative Goes Public
Ernesto, 23 April 2013
"BitTorrent Inc. has opened up its Sync app to the public today. The new application is free of charge and allows people to securely sync folders to multiple devices using the BitTorrent protocol. Complete control over the storage location of the files and the absence of limits is what sets BitTorrent's solution apart from traditional cloud based synchronization services."
TorrentFreak

Bitcoin Foundation Expands Global Media Opportunities
Jon Matonis, 22 April 2013
"Established seven short months ago, the Bitcoin Foundation has recruited bitcoin’s lead developer (transparency of compensation is important), launched a grant program for funding bitcoin-related initiatives, and coordinated a showcase conference in San Jose."
Forbes

Bitcoins Come to New York City Bar
Lesley Greenberg, 22 April 2013
"New York loves to be ahead of the curve and EVR, a bar in midtown Manhattan, is no different. EVR now accepts payment in the form of Bitcoins, digital money that is not tied to any central bank."
Washinton Square News

Bitcoins Back above $120 as Wild Swings Continue
Tom Bemis, 22 April 2013
"VCs will have three ways to profit, according to Colas: exchanges, service offerings for individuals, and service offerings for businesses."
MarketWatch

Yellow Loses Its Lustre
The Indian Express, 21 April 2013
"Theories behind Gold Crash 2013: Because something else could be taking its place as a speculative currency—bitcoins."
The Indian Express

Double-Click on the Next Digital Revolution, Then Brace Yourself
Chris Berg, 21 April 2013
"Bitcoin and 3D printing seem the province of geeks and hobbyists. But they're omens of revolutions to come."
The Age (Australia)

Interview: Pirate Party Founder on the Collapse of 'Parasitic' Record Labels
TheJournal.ie, 20 April 2013
"Rickard Falkvinge, who founded the world’s first Pirate Party in Sweden, speaks to TheJournal.ie about copyright laws, digital currencies and how to set up a new political party."
TheJournal.ie

The Next Big Thing in Crowdfunding? Kickstarting People
Dave Girouard, 19 April 2013
"[W]hat skeptics fail to realize is that the motivations of crowdfunding 'investors' are different: These are not quant investors looking to maximize financial returns while minimizing risk and volatility... it's more about cause than cash."
Wired

What’s Riskier Than Bitcoins? Bitcoin Companies
Michael V. Copeland, 19 April 2013
"Companies such as Coinbase, Coinsetter and BitPay, among others, are getting funding, even as the Bitcoin market itself has shown just how risky the trendy cryptocurrency of the moment can be."
Wired

Money Transfers in Bitcoins? Western Union, MoneyGram Weigh the Option
Andrew R. Johnson, 18 April 2013
"Western Union Co. and MoneyGram International Inc. are studying ways their customers could use their services to send and receive money transfers denominated in bitcoins, the companies' executives say. "
Wall Street Journal

Bitcoin Exchange BitFloor Shuts Down Again
Jeremy Kirk, 18 April 2013
"The largest Bitcoin exchange in the U.S., BitFloor, has closed again, this time due to issues with its bank account, according to its founder."
IDG News

Bitcoins in Argentina: How to “Beat” Government’s Dollar Exchange Controls
PressTV (Iran), 17 April 2013
"According to local bitcoin’s pioneers, around 2000 users in Argentina have already started to get interested in the online commodity."
PressTV (Iran)

Bitcoin Plunge
Stephen Colbert, 17 April 2013
"The online currency Bitcoin joins a rich tradition of made-up currencies like Camel Cash and the euro. "
The Colbert Report

Bitcoins Gain Traction in Argentina
Jude Webber, 16 April 2013
"Argentines would love to save in dollars rather than a peso ravaged by inflation and whose value is on the skids, but the government won’t let them... So... Enter the Bitcoin?"
Financial Times

More on Crowdfunding and the SEC
Jonathan B. Wilsom, 15 April 2013
"Wednesday, April 17th the House Committee on Financial Services will be holding a hearing provocatively entitled, 'Examining the SEC's Failure to Implement Title II of the JOBS Act and its Impact on Economic Growth'. "
Point of Law blog

Gold Bulls Endure Bear Market as Goldman Says Sell: Commodities
Tony C. Dreibus, 15 April 2013
"Hedge funds and other speculators added to bullish gold bets before the metal slumped into a bear market and Goldman Sachs Group Inc. warned the retreat is accelerating after the longest rally in nine decades."
Bloomberg

Gold Tumbles Again: Is the Era of Gold Over?
Bernice Napach, 15 April 2013
"Gold plummeted to just below $1,400 an ounce Monday morning, its lowest price since March 2011. "
Yahoo! Finance

Bitcoins Crash, Gold and Silver Plunge, What Is Next?
Panos Mourdoukoutas, 14 April 2013
"[I]nvestors should keep an eye on high dividend stocks that have been attracting institutional and individual investors alike. A big earnings disappointment could ignite a massive exit across the board, bursting the dividend bubble."
Forbes

I Tried Hacking Bitcoin and I Failed
Dan Kaminsky, 12 April 2013
"BitCoin is actually an exploit against network complexity."
Business Insider

Bringing Derivatives to Bitcoin Should Help Stabilise the Price
Tim Worstall, 12 April 2013
"This is something that all financial economists know and something that just about everyone else disagrees with them on. Having derivatives in a market helps to stabilise prices in that market."
Forbes

These Startups Are Betting Everything on Bitcoin
Seth Fiegerman, 12 April 2013
BitInstant, Coinbase, Coinsetter, et al.
Mashable

What We Learn from This Bitcoin Correction
Rick Falkvinge, 12 April 2013
"Bitcoin is correcting sharply, as expected. From this episode, we learn (again) that bitcoin is not magic and is not a get-rich-quick scheme, and that the bitcoin financial ecosystem is still terribly insufficient to meet demand."
Falkvinge.net

Inside the Bitcoin Economy
The Economist, 11 April 2013
"[E]very good in Bitcoinia is an import and every job must be offshored. In that kind of economy, exchange-rate volatility matters a very great deal indeed. But just because that's how Bitcoinia operates now doesn't mean that's how it will operate always and forever."
The Economist

As Big Investors Emerge, Bitcoin Gets Ready for Its Close-Up
Nathaniel Popper & Peter Lattman, 11 April 2013
"Cameron and Tyler Winklevoss have been many things in a short time: Olympic rowers. Nemeses of Mark Zuckerberg. Characters on “The Simpsons.” Now they can add a new label: bitcoin moguls."
New York Times

Six Things That Normal People (and Bitcoiners) Get Dead Wrong about Bitcoin
chralash, 10 April2013
"Bitcoin enthusiasts complain that the uninitiated masses make false claims about Bitcoin. This is unequivocally valid... [T]his post will... address misconceptions that come from both sides of the fence, including Bitcoin users."
Real Virtual Currency blog

Coinsetter to Bring Leverage and Shorting to Bitcoin with $500,000 Funding Round
Coinsetter, 9 April 2013
"Coinsetter will soon be launching a levered forex trading platform for Bitcoin that enables people to make levered trades on margin and short the Bitcoin market."
Press Release

Crowdfunding Market Grew 81% in 2012, Finds Massolution Industry Report
Crowdsourcing.org, 8 April 2013
In 2012, "Lending-based crowdfunding grew 111% to $1.2 billion, while donation and rewards-based platforms including Kickstarter and Indiegogo grew 85% to $1.4 billion. Equity-based crowdfunding grew 30% to $116 million."
Crowdsourcing.org

NYC Bar To Allow Patrons to Buy Drinks with Bitcoins
Mary Beth Quirk, 8 April 2013
"One New York City bar wants to bump Bitcoins into the material realm in a very real way, by allowing customers to use the virtual currency to pay bar tabs."
Consumerist

Risky Loans Could Create Second Bubble
National Center for Policy Analysis, 8 April 2013
"The Obama administration is pushing banks to make more home loans to people with weaker credit. It was risky loans of this type that creating the housing crash and Great Recession in the first place."
National Center for Policy Analysis

Trace Mayer on FOX Business—Why Bitcoin Is Just Getting Started
Trace Mayer, 7 April 2013
"I remember the first time I encouraged people to buy Bitcoins it was around a nickel per bitcoin and now it is around $133. So those people who would have followed that advice would have been able to participate in one of the largest bull markets in history and this bull market is not even close to being over."
FOX News

Four Reasons Bitcoin Is Worth Studying
Timothy B. Lee, 7 April 2013
"Bitcoin is more than a gold standard for the Internet age. It's the world’s first fully decentralized payment system, combining the irreversibility of cash with the convenience of electronic payment. There's never been anything quite like it before, and as a result it poses a number of interesting intellectual puzzles."
Forbes

Online Electronics Store Buys into Bitcoins as Sole Currency
Jeremy Kirk, 7 April 2013
"Bitcoinstore, which officially launched last month, sells its goods at wholesale prices. Additional savings come from the use of bitcoin as a payment method, which is intended to show retailers such as Amazon.com and NewEgg its utility."
PC World

Finance Minister Says Luxembourg Willing to Ease Banking Secrecy: Paper
Alexandra Hudson, 7 April 2013
"Luxembourg is prepared to ease its banking secrecy and work more closely with foreign tax authorities, finance minister Luc Frieden told a German newspaper."
Reuters

EU Official: Cyprus Was A Special Case, But...
Jussi Rosendahl, 6 April 2013
"But there is a very clear hierarchy, at first the shareholders, then possibly the unprotected investments and deposits. However, the limit of 100,000 euros is sacred, deposits smaller than that are always safe."
Business Insider

The Ups and Downs of Cyber Currency Bitcoin
Steve Henn, 5 April 2013
"Bitcoin is a virtual currency that's traded online. It's been on a wild ride lately, soaring in value during the Cyprus banking crisis."
National Public Radio

Bitcoin Utopia? Interest Is Sky High in This Euro Nation
Matt Clinch, 5 April 2013
"According to Google Trends, Finland is the country with the most number of Google searches for the word "bitcoin" in the past 12 months."
CNBC

JOBS Act Creates Crowdfunding Industry but No IPOs
Debra Borchardt, 4 April 2013
"Next week, Mary Jo White goes before the Senate for approval as SEC chief. She's expected to get the nod and would probably be at her desk by month's end."
The Street

Bitpay Founder: Bitcoin Has Proven It Can Take A Hit
Rob Wile, 4 April 2013
"The way Bitcoin is designed, there are financial incentives for people to cooperate to use it [rather] than attack it. So we recently saw a situation, it wasn't an attack, there was a technical bug in the software, the value of Bitcoin started to decline, people were scrambling to fix problem, it was their money at stake ... I was pretty impressed with the way they handled it. I think [threats are] starting to diminish now that it's been tested multiple times through different kinds of challenges."
Business Insider

Four Reasons You Shouldn't Buy Bitcoins
Timothy B. Lee, 3 April 2013
"[A]nyone thinking about investing should understand that it's an extremely risky proposition. There's a good chance you'll lose most or all of your money. And with each Bitcoin selling for $120, there isn't nearly as much potential upside as there was a year ago, when you could snap up a Bitcoin for $5. So please, only invest money you can afford to lose."
Forbes

Wall Street Currency Analyst: One Hour Ago, I Had My First Client Ask About Bitcoin
Joe Weisenthal, 2 April 2013
"SocGen currency analyst Sebastien Galy has just received his first request for analysis on Bitcoin."
Busines Insider

BitPay Eclipses Silk Road in Bitcoin Sales with Explosive $5.2M March
Jan Jahosky, 2 April 2013
"BitPay Inc, the world’s leading payment processor for bitcoin, announces it has processed over $5.2 million in bitcoin transactions for its merchants during the month of March, with over 5,100 completed invoices during the month. The pace accelerated with over $3 million in transactions during the final 8 days. This eCommerce activity from merchants selling computers, consumer electronics, precious metals, and even government services has likely eclipsed the illicit activity widely estimated from sites like Silk Road."
Press Release

Bitcoin ATM Founder: We Already Have Orders From 30+ Countries
Rob Wile, 2 April 2013
"We now have orders for 300+ machines in 30+ countries and are moving quickly to handle the demand."
Business Insider

Western Union Eyes Digital Currency Services
Rachel King, 1 April 2013
"Western Union... once known for telegrams, is now investigating new types of digital transactions and... is looking at the use of digital currencies like Bitcoin as well as the role Western Union can play in other online transactions, from Internet telephony to video gaming..."
[Note: This story appears to be legitimate, and not an April Fool joke.]

Wall Street Journal

ANALYST: All Of My Clients Think There's A Bitcoin Bubble, But A 'Perfect Storm' Is Causing Prices To Surge
Matthew Boesler, 1 April 2013
"[W]e only know of one Wall Street analyst who has taken up writing about Bitcoin: ConvergEx Group Chief Market Strategist Nick Colas... Here is what Colas told us..."
Business Insider

A Visit to Mt. Gox
b1tm3, 1 April 2013
"Mt. Gox is the largest bitcoin exchange in the world. Based in Tokyo, the exchange handles a substantial amount of the worlds’ bitcoin trade. Despite this, its offices are unassuming, located in a building on a quiet side street not far from Tokyo’s centrally located Shibuya station. Walking past, you would never notice or suspect that here lies the world’s largest bitcoin exchange, handling billions of USD."
b1tm3 blog

How Bitcoin Could Die
Alec Liu, 1 April 2013
"[I]f governments were to destroy bitcoin—a potentially gargantuan task in and of itself if we use BitTorrent as a benchmark—the idea would live on."
Motherboard blog

No, Bitcoins Aren't In Danger From "Hyperdeflation"
Timothy B. Lee, 1 April 2013
"Bitcoin is rarely, if ever, used as a unit of account... [N]o one has Bitcoin-denominated salaries, borrows money in Bitcoins, or pays Bitcoin-denominated rent every month. So the rapidly rising value of Bitcoin isn’t going to cause the kind of economic dislocations that dollar deflation would cause."
Forbes

Bitcoin: How Does It Work, What's It Do, and Is It a Drug-Fueled Money Laundering Scam Bubble?
Alec Liu, 31 March 2013
"In light of all the buzz surrounding the first widely used digital currency, it's a good time to talk some bitcoin basics."
Motherboard blog

Uneasy Calm in Kenya after Court Ruling on Vote
Tom Odula and Rodney Muhumuza, 31 March 2013
"[Kenya] remained mostly peaceful after a court upheld Uhuru Kenyatta's election as president."
Yahoo News

As Feds Suggest 'Guidance', Bitcoin Foundation Pushes Back
Nick Kolakowski, 29 March 2013
"Bitcoin is under increased scrutiny by regulators as it increases in value. But the Bitcoin Foundation wants nothing to do with them."
Slashdot

Cyprus Anthem
(Swedish House Mafia - Don't You Worry Child)

Zhou Tonged, 29 March 2013

YouTube Video

Tradehill Exchange Adds Dark Pools of Bitcoin Liquidity
Jon Matonis, 28 March 2013
"Tradehill launches dark liquidity, or dark pools, for client institutions and individuals that do not want to reveal their trading size and identity. In trading on dark pools, market participants have the ability to execute large block trades without adversely impacting the price in either direction."
Forbes

Entrepreneur Works with Coke's Distribution to Deliver Medicine to Remote African Villages
Melissa Knowles, 28 March 2013
"In the 1980s, entrepreneur Simon Barry was an aid worker in remote villages in Zambia, and he became aware of how easy it was to grab a Coke nearly every place he went, but he also noticed how many basic necessities were missing. Barry got the idea to somehow use Coca-Cola's distributing success to deliver lifesaving supplies to the countries most in need."
Yahoo News

Bitcoin Is Now a Billion Dollar Industry
Adam Estes, 28 March 2013
"A tremendous thing happened in the weird world of bitcoin on Thursday. For the first time in the currency's history, the total value of all bitcoins in circulation topped $1 billion. That's right: A billion bucks, right out of thin air."
The Atlantic Wire

E-Gov Link Enables Local Governments to Accept Bitcoin
E-Gov Link, 28 March 2013
"E-Gov Link announces integration with Bitcoin in its popular E-Gov suite of products. Now municipalities can offer their citizens another option in paying for services like permits, utilities, class or event registration, shelter reservations, or even parking tickets."
Press Release

Bitcoin May Be the Global Economy's Last Safe Haven
Paul Ford, 28 March 2013
"As long as the Internet remains turned on, Bitcoin will be there—to its adherents, it’s the Platonic currency."
Business Week

Bitcoin Bonanza: Cyprus Crisis Boosts Digital Dollars
Jeff Cox, 27 March 2013
"The online alternative currency, previously little more than a curiosity in financial markets since its 2009 inception, has zoomed in trading value since the Cyprus banking crisis erupted two weeks ago."
CNBC

New Feature: Bitcoin Reimbursement!
Ryan Schaffer, 27 March 2013
"Expensify has added Bitcoin as a reimbursement option for your expense reports."
Expensify website

Bitcoin - BBC Newsnight
BBC Newsnight, 26 March 2013

BBC News

Engineering the Bitcoin Gold Rush: An Interview with Yifu Guo, Creator of the First ASIC-Based Miner
Alec Liu, 26 March 2013
"[Q]uietly in the background, a company called Avalon shipped the first ASIC-based bitcoin miners, custom-built rigs with specially-designed chips for efficiently printing the market's hottest commodity, ushering in what can be considered the internet's first gold rush."
Motherboard blog

BitPay, Reaching a $2M Milestone in March, Cuts Fees
Jon Matonis, 25 March 2013
"Bitcoin payment processor BitPay Inc. today announced its global processing volume for the month of March will exceed $2 million, a milestone for the company. BitPay is also reducing its fees."
PaymentsSource

How Debt Ruins Systems: Interview with Nassim Taleb
Nick Gillespie, 24 March 2013
"Antifragility is something that likes volatility and likes variation, likes turmoil, likes stress, up to a point. The opposite would be robust. Robust is like a rock. It doesn't care. Diamond is perfectly robust. What is antifragile gains from disorder and may even need disorder for fuel. "
Reason

Cyprus Goes Cashless the Hard Way
Jon Matonis, 24 March 2013
"[I]t appears that European bailout terms [in Cyprus] could be met by a 20-25% levy on deposits... in excess of... 100,000 euros."
Forbes

Web Money Gets Laundering Rule
Jeffrey Sparshott, 21 March 2013
"The value of a Bitcoin rose to more than $60 a unit from less than $49 on one exchange following the release of FinCEN's new guidance; a move... attributed partly to a new level of certainty and legitimacy that federal recognition attaches to Bitcoin transactions."
Wall Street Journal

Canadian Man to Sell House for Bitcoin Virtual Currency
BBC News, 20 March 2013
"A Canadian man is hoping to be the first person to sell his house for virtual currency Bitcoins."
BBC News

Fleeing the Euro for Bitcoins
Kirsten Salyer, 20 March 2013
"Worried your government is going to take your savings? There's an app for that... Actually, there's an entire currency: Bitcoin"
Bloomberg

Bitcoin Interest Spikes in Spain as Cyprus Financial Crisis Grows
Ian Steadman, 20 March 2013
"If you think your savings are under threat—from a banking collapse, government seizure or anything else—the traditional thing to do is withdraw your cash and stick it under a mattress. But could Europeans scared of losing their cash be turning to Bitcoins instead?"
Wired UK

Waiting for the Crowd's Cash
David Rosenbaum, 19 March 2013
"With the anniversary of the JOBS Act fast approaching, the SEC still has not released the rules that will make equity crowdfunding possible. But when it does, these entrepreneurs will be ready."
CFO.com

New Money Laundering Guidelines Are a Positive Sign for Bitcoin
Timothy B. Lee, 19 March 2013
"Reading between the lines, FinCEN is saying that if Bitcoin-based businesses fill out some paperwork and collect some information about their customers, then they'll be left alone."
Forbes

Guidance: Application of FinCEN's Regulations to Persons Administering, Exchanging, or Using Virtual Currencies
Financial Crimes Enforcement Network (FinCEN), 18 March 2013
"A user of virtual currency is not an MSB under FinCEN's regulations and therefore is not subject to MSB registration, reporting, and recordkeeping regulations. However, an administrator or exchanger is an MSB under FinCEN's regulations, specifically, a money transmitter, unless a limitation to or exemption from the definition applies to the person. An administrator or exchanger is not a provider or seller of prepaid access, or a dealer in foreign exchange, under FinCEN's regulations."
FinCEN

Bitcoin Apps Soar in Spain – Will the Cyprus Shocker Boost Virtual Currencies?
Tero Kuittinen, 18 March 2013
"Interestingly enough, several Bitcoin-related apps started spiking on the Spanish iPhone market over the weekend."
Yahoo! News

Welcome to the Bitcoin Revolution, There's No Going Back Now
Michael Carney, 15 March 2013
"[T]he momentum seems to be shifting in Bitcoin's favor, as more and more smart people and influential corporations hop on board."
Pando Daily

SC5 Pays Salaries in Bitcoin
Martti Malmi, 15 March 2013
"We have started to provide our employees with the option to have a part of their salary paid in the peer-to-peer currency Bitcoin... We also welcome Bitcoin payments from our customers!"
SC5.fi

Startup Fever Getting Hotter across the Caribbean… Martinique, Trinidad, Jamaica
Ingrid Riley, 12 March 2013
"First there was Martinique, now Jamaica and Trinidad are launching their Startup weekends in 2013... Startup Weekend is an organization with global presence that is sponsored by the Kauffman Foundation and has Google and Microsoft as its partners."
Silicon Caribe

SXSW: How Mobile Devices Are Changing Africa
Nick Kolakowski, 9 March 2013
"From micro-payments to education, mobile-device platforms are transforming how Africans work and live."
Slashdot

First Bitcoin Hedge Fund Launches from Malta
Jon Matonis, 8 March 2013
"Although any person or entity can acquire and store bitcoins on their own, institutional investors are typically restricted in the types of assets available within their investment charter. Similar to a mutual fund or hedge fund for alternative assets, Exante's Bitcoin Fund permits institutions and high-net worth individuals to access the vibrant bitcoin market with a licensed product and this alone is an innovative development."
Forbes

This Chart of Bitcoins Is Bananas, And It Looks a Lot Like the Price of Gold
Joe Weisenthal, 5 March 2013
"Nobody wants to spend a currency that's surging, because it will be worth so mch more tomorrow! In the land of the Bitcoin, there's massive deflation."
Business Insider

Mt.Gox & Coinlab Announce Strategic Partnership to Bolster American Presence, Celebrate $1/2 Billion per Year in Annualized Trades
Mt. Gox, 28 February 2013
"As of March 29, all US and Canadian customers currently transacting with Mt.Gox will transact through CoinLab, Inc. [via Silicon Valley Bank]."
Mt. Gox (press release)