— Coindesk
Global payments giant Visa earned the ire of the bitcoin community earlier this year when CEO Charlie Scharf stated that he didn’t see bitcoin and its technology as posing a significant threat to its operations.
Now, however, new comments from Visa senior vice president of digital solutions Sam Shrauger suggest that the company may be reevaluating bitcoin.
Posted in bitcoin
Alex William — Bitcoin Vox
Michael Dell, founder and CEO of the big PC maker Dell, announced via Twitter on Friday that his eponymous company will start accepting bitcoin as a payment option for anything purchased on the company’s website.
For bitcoin, it’s one of the biggest signs yet of mainstream acceptance. With nearly $57 billion in sales in 2013, Dell would be by far the largest company to take bitcoin. Dish Network, which began accepting bitcoin in May, had $13.9 billion in 2013 sales.
Mark M. Bravura — CryptoCoins News
The single biggest stigma that still haunts Bitcoin is it’s extreme volatility. However, imagine if you had a tool likened to an amazingly accurate Bitcoin crystal ball. Moreover, one that did not incur any out-of-pocket expenses to reap the benefits. Well, now you do, thanks to the Bitcoin prediction tool, courtesy of BTCPredictions.com.
The Bitcoin prediction tool is a unique artificial neural network that predicts future Bitcoin price movements on Bitstamp every hour via a type of artificial intelligence; similar to a human’s central nervous system.
Written By: Peter Diamandis — Singularity Hub
Bitcoin is moving from its Deceptive phase to a very Disruptive phase. This post is going to explain why, and what you may want to do.
I’ve been tracking Bitcoin since its inception, and my confidence has grown to the point where I’m now trading in a portion of my gold holdings for bitcoin, buying it and accepting bitcoin for the Abundance 360 CEO Summit.
— Venture Beat
Even though Bitcoin has suffered some security setbacks over the last few months, many retailers still seem happy to let customer pay with the controversial crypto–currency.
The latest of these retailers is online tech store Newegg, which today announced plans to begin accepting Bitcoin for purchases on the site. To make this happen, Newegg is teaming up with virtual currency processor Bitpay.
— LA Times
Gov. Jerry Brown has signed bills that recognize the legal use of Bitcoins and other digital currencies in California, repeal a requirement for food handlers to use gloves, and keep minor truants out of lockup facilities, his aides announced Saturday.
In all, the governor signed 15 pieces of legislation into law, including one that reflects the changing way that technology has Californians doing business.
By Noah Robischon — Fast Company
Think of Oxford University and the image that is most likely comes to mind initially is something out of a Harry Potter movie – ornate dining rooms, formal dress and, of course, outstanding academics. What probably doesn’t first occur to you is the tradition-crushing, fast-moving, hoodie-wearing world of startups. But the university’s Saïd Business School is trying to change that.
— Coin Desk
E-commerce giant Amazon has been awarded a bitcoin-related cloud computing patent that envisions the use of digital currencies as payment for cloud computing services on Amazon Web Services (AWS).
Amazon’s cloud is by far the biggest remote computing service on the market. Market research firm Gartner estimates AWS annual revenue at upwards of $3bn, and it believes Amazon’s cloud has five times the capacity of its next 14 rivals.
Brian Fung — Washington Post
We’ve been talking for months about how Bitcoin has been slowly getting more integrated into the mainstream. Well, now the cryptocurrency is taking a bigger step in that direction: Beginning this summer, Dish Network, one of the largest satellite TV operators in the country, is going to start accepting bitcoins as a form of payment.
The company said Thursday that it’s partnering with the virtual wallet company Coinbase to help process the transactions. Users who want to pay with bitcoins will do so through Coinbase, which will instantly convert the bitcoins into dollars and forward them to Dish.
“Bitcoin is becoming a preferred way for some people to transact and we want to accommodate those individuals,” said Dish executive vice president Bernie Han in a statement.