The governor of the US state of California has approved Bitcoin; thus, the digital currency can now be accepted and used for transactions in the US state. This has been made possible by the ratification of a new finance bill which has made it possible for users to pay in Bitcoin. Earlier, only US Dollars were officially recognized. However, ...
Warren Buffet, the Oracle of Omaha Suggests Investors to Stay Away from Bitcoin in 2015 The globally renowned investor, Warren Buffet who is also called ‘Oracle of Omaha’ for right predictions regarding investment opportunities, has suggested the investors to stay away from Bitcoin in the year 2015. He says, “Stay away from it. It’s a mirage, basically. … It’s a method of transmitting money.” ...
Due to Sluggish International Sales Overstock.Com Fails to Complete Bitcoin Sales Target for 2014 As the international sales were not on the expected lines, the international retail giant Overstock.com is reporting that it expects to complete $3m in total Bitcoin sales for 2014 which are below than the expectations. In March, ...
Timothy Massad Says CFTC Has Legal Supervision on Bitcoin In a testimony before the US Senate Committee on Agriculture, Nutrition and Forestry the chairman of the US derivatives regulator has said that digital currency derivatives fall within his agency’s remit. The testimony from Timothy Massad, who chairs the Commodity Futures Trading ...
Peter Chasse, President of the Water Project Says Bitcoin Donations Could be Game-Changer In a recently held ‘Giving Tuesday’, Peter Chasse, President and Founder of the Water Project, a nonprofit that does work in Africa and accepts Bitcoin for donations, says that Bitcoin could be game-changer. His opinion is adding ...