I have recently heard, from a seemingly very knowledgeable source, that Bitcoin’s Android client is getting offline abilities. This means a transaction can be completed with only the merchant connected to the internet.
Well…possibly, “hopefully”, “in the not-too-distant future”, maybe even “in September or October”. This according to a Bloomberg.com article quoting a member of the U.S. Commodity Futures Trading Commission here.
I recently sat down to review the ‘prepaid access’ issue and look for any new developments. Here are a few notes on what I found…
Perhaps thanks to the LIBOR scandal, gold market manipulation is beginning to look less like a crazy conspiracy theory and more like reality.
The Vietnamese government recently enacted Decree No 24, which essentially shuts down small gold shops and creates a state monopoly where only state-appointed organizations are allowed to trade gold.
The Canadian Mint is working on an interesting project called MintChip, described on their web site as “the evolution of currency”.
It seems that PayPal has changed its terms and now wants to monitor merchants online content to prevent sharing of “illegal content”.
As I have been keeping a close eye on currency news while waiting for the launch of the new blog, I’ve ran across several interesting stories out of Europe.
Welcome to the new Digital Gold Currency Blog!
The goal for the blog is a very simple one, to be the best source of news and information out there for anyone interested in alternatives to fiat.
We will be posting stories on anything and everything that affects the alternative currency industry, from changes in laws and regulations to news on supporting technologies to the increasing turmoil in fiat currencies. And as always, we pursue this goal with a strong commitment to the long term growth of Digital Gold Currency.
In the near future will also be posting work from contributors and will feature a contributors page. If you’ve got something to say don’t be shy! We are always interested in new ideas and options on these topics.
While we would love to hear all your options, we do require readers to register prior to posting comments. This is mostly to avoid an inbox full of spam. For those readers who registered with the old blog, our apologies as some database issues may prevent your old login from working here. We have however attempted to make it quick and easy to register again.
I hope you enjoy the new site!