Indicted: Local bitcoin Trader Jailed for Money Laundering Local Bitcoin trader, Theresa Lynn Tetley, also widely known as Bitcoin Maven has been indicted for indulging in illegal bitcoin-for-cash transactions. According to the Central District of California, the LocalBitcoins.com trader has been sentenced to 12 months in prison. She has also been handed a three-year supervised release and a $20,000 fine. A former real estate investor...
What Is BitGold? Bit gold was one of the earliest attempts at creating a decentralized digital currency, proposed by blockchain pioneer Nick Szabo in 1998. Although the Bit gold project was never implemented, it’s often regarded as being the direct precursor to Satoshi Nakamoto’s Bitcoin Protocol.  Bitcoin and BitGold There are many similarities between Bitcoin’s architecture and the Bit gold proposal, particularly...
Finding the Next Bitcoin Three Strategies for Choosing What Cryptocurrency to Invest in Next.   You’ve probably thought it at one point or another: “I missed the Bitcoin payday. How do I decide what cryptocurrency to invest in now that I know about the market?”what will be the Next Bitcoin The bad news: It’s unlikely that any other cryptocurrency will see the same astronomical growth...
Why You Need to Get Onboard With Blockchain! Blockchain tech – so revolutionary in nature that some are calling it the “new internet.” It has applications in just about every industry, and has completely altered the way we think about internet security, the processing of information, and the speed of transactions. Blockchain is the technology that supports the digital currency  or...
Why trade Cryptocurrency Why do people trade Cryptocurrencies Cryptocurrencies are a form of a virtual currency, it purpose is to function as a medium of exchange making it the same as regular money in many regards. The normal fiat currency everyone knows is controlled by the banks and the governments and altogether you have no control on this. This is where cryptocurrencies...