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Category Archives: Bitcoin

China’s Miners Heat Up Debate at Scaling Bitcoin Hong Kong

Dec 6, 2015


If the goal of the second Scaling Bitcoin conference was to highlight an “emerging consensus” on the challenges facing the bitcoin network, the day’s panels served mostly to highlight the sometimes extreme differences in opinion that remain between key stakeholders in the technology’s open-so...

China now Controls Bitcoin and that’s just the Beginning

Dec 3, 2015


Americans have had it good for a long time. Since the end of WWII, it has been a privilege to be an American. Since the United States took over the Global Reserve Currency from Britain in 1944 at Bretton Woods, life couldn’t be better for an American. When you have a license to pr...

80% of bitcoin is exchanged for Chinese yuan

Mar 10, 2015


In a report out today from Goldman Sachs about the future of money, the bank points out that 80% of bitcoin volume is now exchanged into and out of Chinese yuan. The second-highest trading currency is the US dollar, followed by smaller denominations in yen and euros. The revelation of Ch...

Chinese Bitcoiner Makes Physical Bitcoins In Pure Gold

Jul 21, 2014


Back in early December last year, we heard that people in the Channel Island of Alderney had been working on the idea of producing physical Bitcoins, as part of their grander plan to reinvent the British crown dependency as a global hub of digital currency. Since then, things have been rathe...

Virtual currency a bit overpriced for the real world

Nov 22, 2013


A residential project in Shanghai's Pudong New Area is accepting bitcoins from apartment buyers, taking the currency a step closer to acceptance in China. Domestic online game developer Shanda Interactive Entertainment Ltd, the developer of the property project, announced on Oct 2...

8BTC Interview with BTCChina

Nov 8, 2013


  Bitcoin continues to grow in value and BTC China, the lead Chinese Bitcoin exchange and one of the lead Bitcoin exchanges in the world, is expanding tremendously. Bitcoin Magazine received a transcribed and translated copy of Yang Yang of 8BTC’s interview with Bobby L...