Brock Pierce: Bitcoin’s Scalability Issues Are a Sign of Its Success

While many people take the view that Bitcoin is dying or failing due to its current issues with governance and scalability, Blockchain Capital founder and managing partner Brock Pierce believes this current controversy is a good sign. In his view, the fact that there are so many transactions on the network should be seen in ...

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Tax Day Is Coming: A Primer on Bitcoin and Taxes

For workers, anything received as payment for goods or services, including Bitcoin or other digital currencies, is taxable income unless it is specifically exempted.  If you earn income in Bitcoin in the exchange of services with another person, this will be included in gross income and would be subject to income tax. These bitcoins could furthermore be subject to self-employment ...

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Wiper Messaging App Adds Bitcoin Micropayments for Independent Filmmakers

Wiper is an encrypted mobile messenger with a built-in Bitcoin wallet that allows users to send and receive Bitcoin instantaneously, directly from the mobile application. Using its Bitcoin wallet, Wiper recently launched a new functionality called Wiper Film to help filmmakers and online digital content providers monetize their content and maximize their profit with Bitcoin micropayments. The company had previously ...

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Toronto Stock Exchange Executive Anthony Di Iorio Wants to Turn Canada Into a Blockchain Powerhouse

Anthony Di Iorio was one of the original founders of the Ethereum project, which received ample attention in 2016 as it passed a billion dollar market cap for the first time. Technology firms both inside and outside the Bitcoin industry are exploring the ways in which non-financial applications and Ethereum-based projects could change our world.   Di Iorio, for the most ...

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Teambrella Wants to Revolutionize Insurance Coverage With Peer-To-Peer Bitcoin Payments

Russian software architects and entrepreneurs Alex Paperno, Eugene Porubaev and Vlad Kravchuk plan to take the insurance company out of insurance. Their Teambrella, a Bitcoin-based peer-to-peer insurance platform, allows users to provide each other coverage for whatever they want, however they want, and without requiring any trusted intermediaries. Paperno: “Anyone who ever needed a reimbursement knows that insurance companies are actually ...

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Blockstream, Bloq, Gem, ItBit, Thomson Reuters and Others Join the Linux Foundation's Hyperledger Project

In February, Bitcoin Magazine reported that The Linux Foundation’s Hyperledger Project, a collaborative effort started in December to establish, build and sustain an open, distributed ledger platform that will satisfy a variety of use cases across multiple industries, was announcing new members from across the industry, technical updates and a formal open governance structure. Now, with a press release published ...

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Coinbase Aims to Drive Bitcoin Adoption via New Killer Apps

For the past few years, many of the biggest players in the Bitcoin industry have talked about the need to build bridges to the traditional financial system. This sort of basic infrastructure has been in development by Coinbase, the Winklevoss twins and others, and it’s now getting to the point where user-friendly wallets and regulated exchanges are finally available to ...

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