Bitcoin Ban & Criminalization Bill Relaxed in Russia

The Ministry of Finance in Russia, or the Russian FinMin, is not quite beating its drum to ban bitcoin anymore, going by recent remarks of deputy finance minister Alexey Moiseev. Instead, a new amendment to the infamous bitcoin ban bill will allow for the purchase of the cryptocurrency in the country, which can then be […]

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A Bitcoin Globetrotter Covers 27 Countries: How He Did It, What He Learned

Felix Weis, a Berlin programmer, visited 27 countries and 50 cities in the past 18 months only spending bitcoin. He related his 18-month story in Forbes to a reporter, Laura Shin. Weis wanted to prove that bitcoin was not dead, as many people were claiming at the end of 2014. He also believed that if bitcoin […]

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“Bitcoin Now More Stable Than Pound”, Says Lily Allen to 5.8 Million Twitter Followers

Lily Allen, English singer and songwriter, recently tweeted to more than 5.8 million Twitter followers about Bitcoin. She is one of the biggest celebrities in the world to mention the crypto-currency. Bitcoin now more stable than the pound. Lolz — lily (@lilyallen) July 11, 2016 In January 2014, Allen admitted her regret at denying “hundreds […]

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Bitcoin reversible strange transactions

I am aware that a normal bitcoin transaction cannot be reversed once broadcast and confirmed on the network. My question is whether it is possible to create a strange transaction with an unusual redeem script which would allow the sender to reverse the transaction when this information is provided.

The wallet software might not accept this transaction as spendable but this does not matter as it is supposed to be an unusual transaction. Ultimately my question is whether such a transaction is possible at all but if not, how would I go about creating it?

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Bitcoin Crypto Teller Network Adds Dash in Latin America

Panamanian crypto-teller machine TigoCTM has added Dash to its roster of cryptocurrencies for sale and purchase over its network in Latin America. With a new partnership, Dash will see its partner TigoCTM, a crypto teller machine company, add the cryptocurrency to its network of ATMs that already provides bitcoin and other digital currencies to adopters […]

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If bitcoin exchanges can be “scammed” why is bitcoin better?

Reading a post about someone getting scammed in an exchange and thinking about becoming a bitcoin user, now I am wary about this form of currency exchange.

If the exchanges can scam you, see How to denounce a scam exchange, such as this exchange called BitNake, then why would I use this form of currency? At least with US Dollars we are insured up to $ 250,000 per bank account by the FDIC.

Recent Questions – Bitcoin Stack Exchange