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Netflix Bitcoin

Netflix to be the next big company to accept Bitcoin

First Overstock and then TigerDirect, more online companies seem to accept Bitcoins as an official payment method and all though there are still many big companies that haven't, streaming website Netflix with over 40 million subscribers is planning on starting accepting Bitcoins as payment method for its monthly subscription fee. You can  buy bitcoin with…

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Bitcoin homeless man

Homeless man from Minnesota found begging for Bitcoins

A homeless man from Minnesota has been spotted begging people on the street for Bitcoin donations. The man spotted near the University of Minnesota was holding a sign asking people to make a small deposit to his wallet using the virtual currency Bitcoins which with its low transaction costs and speed seems to getting more popular…

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IRS demands Bitcoins to be taxed as they are "property" and not currency - 3

IRS demands Bitcoins to be taxed as they are “property” and not currency

The IRS (Internal Revenue Service) officially announced on Tuesday March 25th 2014 that from now on any Bitcoin transaction made should be taxed, if not, taxpayers will be subject to penalty, users must also report any transaction made. While additional taxes are never desirable, an array of useful online tools can be found here. This currently only…

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bitcoin conference 2014

Meet the Bitcoin Island

According to its Treasury Minister, Senator Philip Ozouf a small island in the English Channel called Jersey will become world's first Bitcoin Island. The cryptocurrency was introduced on the island to replace local cash and is mentioned to be used to pay for small things like newspapers, Bus tickets, drinks, etc. but Senator Philip Ozouf…

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