1/ Chinese court confirms Bitcoin protected by law. Shenzhen Court of International Arbitration ruled a case involving cryptos. Inside the verdict: CN law does not forbid owning & transferring bitcoin, which should be protected by law bc its property nature and economic value.

1/ Chinese court confirms Bitcoin protected by law. Shenzhen Court of International Arbitration ruled a case involving cryptos. Inside the verdict: CN law does not forbid owning & transferring bitcoin, which should be protected by law bc its property nature and economic value. submitted by /u/GalacticCannibalism
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Bitcoin – The Currency of the Internet

Owning fiat currencies reflects the trust you have in your politicians. Owning bitcoin reflects how much you don’t trust them.

If you like how things are being run with your government, then by all means you should stick to your government currency. If things aren't going so great, maybe you should start converting your old currency to the decentralized world currency, Bitcoin.

In other words. If you trust math more than politicians, you should use a currency based on math instead of a currency based on political promises.

submitted by /u/Elwar
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Bitcoin – The Currency of the Internet

Whistleblower Details Big Bank's Plans to Prohibit Employees Owning Bitcoin

This week News.Bitcoin.com carried the breaking story alleging employees of giant Northern European bank Nordea were being forbidden by company policy from owning or trading cryptocurrency. Since publication, a bank employee, who wishes to remain anonymous, forwarded evidence the large …
Google Alert – bitcoin

A factor driving bitcoin's rally could be that people think owning it gives them social status

Analysts from Bernstein Research compared the recent demand for bitcoin to markets in China's anti-ageing medicine and high-end liquor. Their research considered the characteristics of a Veblen good — a product which gains its appeal from the social status attained by owning it. The analysts also …
Google Alert – bitcoin

Muslim clerics just declared that owning bitcoin was compatible with Islam. A saudi just opened another $100 million dollar bitcoin fund as a result. The new flood of money coming in will dwarf all previous inflows.

Muslim clerics just declared that owning bitcoin was compatible with Islam. A saudi just opened (correction: Kuwaiti Is just opening) another $ 100 million dollar bitcoin fund as a result. The new flood of money coming in will dwarf all previous inflows.

Edit: source http://archive.fo/kkV6m

Kuwaiti supposedly opeing new fund https://m.youtube.com/channel/UCQA-iX6ITOCRPvsZjeRyjlg

submitted by /u/azzazaz
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Bitcoin – The Currency of the Internet