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Bitcoin Accepted As A Church Offering

The number of potential uses for Bitcoin keeps on rising, as a Swiss church has announced its intention to accept donations in Bitcoin. Local media has featured interviews with Nicolas Legler, spokesperson for Zurich’s ICF Church, who has put his faith in the high flying cryptocurrency amid widespread fears that the commodity's meteoric rise bears all the hallmarks of a bubble. Previously a relative novelty, the online currency which uses blockchain to share digital information without it being copied had for years been used primarily by tech enthusiasts, national governments and people who value its ability to pay anonymously. However,...

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How You Can Keep Your Bitcoins Safe

Bitcoin has had quite the year already, but one problem that a lot of investors find once they purchased Bitcoins is how they will keep them safe and secure. One main concern with Bitcoin is that it is unregulated. Another is security. Cryptocurrencies are often the victims of hackers, and in some instances, this has resulted in both investors losing millions of dollars, and exchanges getting shut down. There are ways that you can help to keep your Bitcoins safe, with the most obvious being, to put your digital money into a wallet. Bitcoin wallets are simply digital wallets, with...

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What An Actual Crypto Crash Would Look Like

Recent growth in the cryptocurrency markets has caused many to speculate that the sector currently exists in the middle of a bubble and people are understandably worried. With the notorious dotcom crash and the resultant severity of the financial crisis that it spawned still raw in the memories of many investors, fears are rife that the popping of this particular bubble could prove disastrous for the world economy. Putting aside the ways and means in which the Bitcoin bubble might conceivably burst (and rest assured, for every scenario, there will be developers and tech leaders working on a preventative solution)...

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Australia’s Bondi Brothers Quit Their Day Jobs And Commit To Crypto Trading

Daniel Colosi and Stephen Lenoci, a pair of Australian investors who operate under the moniker of the Bondi Brothers, have been making waves in the cryptocurrency markets. If their claims are to be believed, the pair make, on average, a cool AUD$2,000 a day solely through the trading of various digital currencies. The Bondi Brothers are relative newcomers to the scene, having only purchased their initial stock of altcoins within the last year, but they have swiftly become recognised as experts in the world of cryptocurrency trading. Their initial investment of AUD$5,000 has soared to a little under AUD$200,000 and,...

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Visa CEO Won't Process Transactions In Bitcoin

Despite being the largest, most popular, and most widely-recognised brand in the world of cryptocurrency, Bitcoin has failed to convince everyone of its worth. The Chief Executive Officer of Visa, Alfred Kelly, is one of those doubters. In a recent interview with CNBC, the head of the world’s largest provider of credit cards said that their company did not consider Bitcoin, or any of its competitors, to be a payment system, and that they would not process any transactions made using the digital currency. Speaking at the recent National Retail Federation conference, Kelly said that Visa would only process transactions...

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