Lifeboat Foundation

By Phil Wahba — Reuters

(Reuters) — Robocoin said on Tuesday that later this month it will install the first automated teller machines in the United States that let users buy and sell bitcoin, the latest step into the mainstream for the digital currency.

The kiosks, to be installed in Seattle, and Austin, Texas, are similar to ATMs but have scanners to read government-issued identification such as a driver’s license or a passport to confirm users’ identities.

The ATMs will allow people to swap bitcoin for cash, or deposit cash to buy more bitcoin by transferring funds to or from a virtual wallet on their smartphones.

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By Andrew Couts - Digital Trends


Bitcoin vending machine manufacturer Lamassu announced today the launch of the first known Bitcoin sales kiosk operating in the United States. The Bitcoin Machine, which allows users to quickly buy Bitcoin with US dollars or other currencies, is permanently located at the Imbibe Nob Hill cigar bar in Albuquerque, New Mexico, near the University of New Mexico.

Unlike other Bitcoin ATM models, the Bitcoin Machine only allows transactions in one direction: Scan your Bitcoin address QR code into the machine, insert money, and the device transfers the proper amount of Bitcoin into your digital wallet.

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Written By: Cameron Scott — Singularity Hub

We’re tempted to file this one under “the more things change, the more they stay the same.” A wristband, called Nymi, that taps the user’s heartbeat as a biometric marker, will also double as a bitcoin wallet.

“The wallet is physically stored on the Nymi,” Yevgeniy Vahlis, the manufacturer’s chief cyrptographer, said in a release.

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By Christopher Mims — Quartz

Startup Bitcoin Kinetics, which aims to create hardware that can allow vending machines to accept bitcoin, is offering 10 billion shares of common stock on the website Cryptostocks. This isn’t your typical IPO—Cryptostocks, where Bitcoin Kinetics will be “listed,” describes itself as both a crowd funding platform and a place to “buy shares… and earn dividends.” It’s not clear what the legal status of Cryptostocks is, since it’s not licensed or registered as an exchange. One commenter called Cryptostocks “another of the play-pretend Bitcoin financial exchanges.” (We reached out to Cryptostocks for comment, and will update this when we hear back from them.)

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By Zach Schonfeld — Newsweek

Spurred by a host of recent converts to the peer-to-peer digital currency, Newsweek has become the first magazine to accept Bitcoin PR pitches. The digital currency’s visibility in popular retailers remains modest, but its presence in our email inboxes has frankly never been higher.

If the volume of recent press releases is any indication, Newsweek will be shortly accompanied by the first Indian e-Commerce store, Swiss dentist, HFT service provider, and public university to embrace the currency form.

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Jim Edwards, provided by

We were talking recently with an executive in the adtech startup scene and got onto the subject of Bitcoin, and how much money was pouring into — and coming out of — the online cryptocurrency in the San Francisco and Silicon Valley area.

This source told us that he had heard about a guy who had made more than $200,000 from trading Bitcoin, and had used it to charter a rocket into space.

Wait, what?

Turns out, it’s true.
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By Nellie Bowles — Re/code

The line outside the Ramen Underground in San Francisco’s Japantown stretched through the mall, as some 300 entrepreneurs, speculators, anarchists and street-corner cryptocurrency dealers gathered for the first-ever Bitcoin Fair last night.

Event co-host Nathan Lands, a 29-year-old in a lush gray velvet smoking jacket, welcomed the crowd.

“When you spend your bitcoin, you can see your bitcoin, you feel your bitcoin,” Lands said, in a Southern drawl. “With this fair, and with the much larger one we’ll do next month, we’re trying to make bitcoin available to the average consumer.”

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FEBRUARY 08/2014 LIST OF UPDATES. By Mr. Andres Agostini at The Future of Scientific Management, Today! At http://lnkd.in/bYP2nDC

MITRE-Harvard nanocomputer may point the way to future computer miniaturization
http://www.kurzweilai.net/mitre-harvard-nanocomputer-may-poi…turization

New form of graphene allows electrons to behave like photons
http://www.kurzweilai.net/new-form-of-graphene-allows-electr…ke-photons

The first flexible, transparent, and conductive material
http://www.kurzweilai.net/the-first-flexible-transparent-and-conductive-material

Adidas Says Under Armour Infringed Its Wearable-Tech Patents
http://www.businessweek.com/articles/2014-02-05/adid…ch-patents

Continue reading “The Future of Scientific Management, Today!” »

FEBRUARY 07/2014 LIST OF UPDATES. By Mr. Andres Agostini at The Future of Scientific Management, Today! At http://lnkd.in/bYP2nDC

The Ryno Microcycle is a Sci-Fi Inspired Single Wheeler
http://www.engineering.com/DesignerEdge/DesignerEdgeArticles…eeler.aspx

Rigged rules mean economic growth increasingly “winner takes all” for rich elites all over world
http://www.oxfam.org/en/pressroom/pressrelease/2014-01&#…ich-elites

Economist Debates: Democracy economist.com
http://www.economist.com/debate/overview/196

Behavioral Economics Gives The Advertising Industry A Nudge In The Right Direction
http://www.forbes.com/sites/johnowrid/2014/02/05/behavioural…direction/

Continue reading “The Future of Scientific Management, Today!” »