Latest posts of: row5

International Monetary Fund Asserts Bitcoin Not a Currency in Draft Report
http://letstalkbitcoin.com/blog/post/international-monetary-fund-asserts-bitcoin-not-a-currency-in-draft-report

"...trading in virtual currency products on an exchange is unregulated and risky, and may result in the loss of the consumer's investment), similar to disclosures required for penny stocks or even the Surgeon General's warning regarding use of tobacco products..."
http://letstalkbitcoin.com/blog/post/banks-issue-bitcoin-report-bitcoin-community-absent

On July 31, the United States Patent and Trademark Office (USPTO) published Microsoft's patent application 20140214607, "Global Currency of Credibility for Crowdsourcing Marketplace for Work." The application was initially filed on January 29, 2013...

More here
http://letstalkbitcoin.com/blog/post/ebay-and-microsoft-eye-user-created-value-platforms-similar-to-ltb

The SWIFT Institute which is funded by SWIFT (Society for Worldwide Interbank Financial Telecommunication), "The global provider of secure financial messaging services" recently posted a Call for Proposals: “Virtual Currencies: What are the ‘real’ risks?:....

...Proposals must be submitted no later than August 20th 2014 and I suppose that is CEST Brussels time but I recommend checking with the email contact Peter Ware in this regards...
http://letstalkbitcoin.com/blog/post/bitcoin-scholars-to-compete-for-15000-euro-20000-usd-grant-from-swift-institute-ahead-of-sibos-university-conference

Last week, the Congressional Research Service updated their Bitcoin: Questions, Answers, and Analysis of Legal Issues document to reflect current events....
http://letstalkbitcoin.com/blog/post/crs-quietly-revises-bitcoin-report

Princeton Researcher Receives Half Million Dollar NSF Grant

On June 30th, Arvind Narayanan , a Computer Science/CITP Assistant Professor at Princeton and affiliate scholar at Stanford Law School’s CIS, received a $500,000 grant for award 1421689 from the National Science Foundation (NSF) for “TWC: Small: Addressing the challenges of cryptocurrencies: Security, anonymity, stability”.

http://letstalkbitcoin.com/blog/post/princeton-researcher-receives-half-million-dollar-national-science-foundation-cryptocurrency-grant

Quote from: TheButterZone on July 17, 2014, 12:24:55 AM

Maybe if it had remained stable at ~$1200 instead of crashing by half... http://bitcoincharts.com/charts/bitstampUSD#tgSzm1g10zm2g25zv

volitality would be absorbed by the vendor whether it be Gov Link CoinBase or BitPay or a combination of thereof.

I doubt that Pittsburgh would hold a BTC position (at least initially). They won't expose themselves to price volatility. They will be using the Bitcoin Payment Network and won't be holding the bitcoin token.

BC

Quote

http://altcoins.com/

LOL! Yes The City of Pittsburgh gonna corner the Freicoin market. No plans for Bitcoin though.

Maybe DarkCoin. LOL.

name the coin.

They have a fiduciary responsibility and the most robust coin is Bitcoin.

The only other possible digital currency would be Ripple and that's a long shot.

Quote

They talk about digital currency not about implementing bitcoin.

What other digital currency could they possibly be talking about?
Name one.

Quote

They might just as well release their own coins.

Might as well but it does not appear to be their intent as mentioned in the article.

they use the phrase "accept digital currency"
not "issue digital currency"

Mayor Peduto and his administration are doing an AMA ("Ask Me Anything") on Reddit on Thursday.

http://www.reddit.com/r/pittsburgh/comments/2aogkl/mayor_bill_peduto_and_administration_to_do_ama/

"...Pittsburgh is poised to become the first municipality to accept Bitcoin, Let’s Talk Bitcoin has learned. A Subcommittee Report on Information Systems (PDF) with a “Recommendation to Improve Digital Government” released by the Office of the then Mayor-Elect recently surfaced online. ..."

http://letstalkbitcoin.com/blog/post/pittsburgh-poised-to-become-first-municipality-to-accept-bitcoin

UPDATE 7/17/2014 COINDESK
http://www.coindesk.com/pittsburgh-bitcoin-unstable-tax-payments/[/b]

"Pittsburgh is poised to become the first municipality to accept Bitcoin, Let’s Talk Bitcoin has learned. A Subcommittee Report on Information Systems (PDF) with a “Recommendation to Improve Digital Government” released by the Office of the then Mayor-Elect recently surfaced online...."
http://letstalkbitcoin.com/blog/post/pittsburgh-poised-to-become-first-municipality-to-accept-bitcoin

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http://www.bitofthis.com/ltb-advertising-broker

As one of the very first writers on Let's Talk Bitcoin! I have acquired an "LTBcoin" war chest.

LTBCoin is the token used by Let's Talk Bitcoin! to obtain advertising on the Let's Talk Bitcoin! Network Podcast.
http://www.letstalkbitcoin.com

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The spots are 45 Seconds and Let's Talk Bitcoin! has editorial control of the adverts. Talking points are welcomed but not required. What is great about this is that the ad will be produced for you by LTB.

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The Pentagon’s Office of Net Assessment (ONA) has assigned a research topic “Economic Warfare and Blockades” (see extract in its entirety below) to the Marine Corps University This “homework assignment” (my words, not theirs) includes determining whether or not Bitcoin will disrupt the effectiveness of blockades and Economic Warfare:

http://letstalkbitcoin.com/blog/post/pentagon-bitcoin-homework

On June 19th, 2014, the United States Patent and Trademark Office (USPTO) published Mastercard International Incorporated’s patent application 20140172633 (13/829421), “Payment Interchange For Use With Global Shopping Cart.” The application was filed with USPTO on March 14th, 2013. ...

via http://letstalkbitcoin.com/blog/post/mastercardfilesbitcoinpatent