Why Bitcoin Needs Lawyers to Bridge the Technology Gap

-+*Source: CoinDesk.com There seems to be no shortage of bitcoin entrepreneurs or investors getting new ideas and new technology on the market, but showing all parties how NextGen payments and banking incumbents can cooperate, or even just coexist, within today’s society and under its terms is perhaps a job best left for the lawyers. Bitcoin isn’t just magical Internet money anymore; the bitcoin technology provides the infrastructure for innovations in record keeping,… Read more »

Why bitcoin investors need education and regulation

-+*Source: MarketWatch.com A recent book by Brian Kelly of CNBC is raising interest (and heated discussions) about bitcoin and cybercurrency. Kelly’s book is called “The Bitcoin Big Bang” and although it isn’t the first book on Bitcoin, his thesis is that bitcoin is poised to take over the financial world. Kelly discusses that many of… Read more »

Bitcoin awareness high among respondents to UK ‘Bitcoin Barometer’

-+*Source: CoinReport.net Following the UK government’s “Call for Information” on digital currencies, the Digital Currency Council (DCC) recently released results of a survey of a nationally representative sample of UK citizens that gauged their opinion about Bitcoin. Called the “Bitcoin Barometer,” the study is the first in a series of independent studies the DCC has… Read more »

David Berger On The Growing Popularity Of Bitcoin (BTC)

-+*Source: BidnessEtc.com Bidness Etc recently had the chance to speak with David Berger, CEO of the Digital Currency Council, about the study his firm conducted on the UK sentiment toward bitcoin. Digital Currency Council is an association that provides training, certification, and ongoing support for professionals in the digital currency economy. Q) From your research,… Read more »

Survey Reports British Residents Aware of Bitcoin, but Not Embracing It Yet

-+*Source: CryptoCoinsNews.com Bitcoin’s reputation, perception, and acceptance levels run the gamut worldwide. Acceptance in the U.S., China, and Australia is relatively strong. Some nations seek to suppress it through legislation and even ban it in places like Russia and Bangladesh. And if you have poor internet connectivity, you are destined to be on the outside… Read more »

UK Study: Bitcoin Familiar to 71% of Brits but Suffers from an Image Problem

-+*Source: CoinTelegraph.com The Digital Currency Council’s recently released study on UK citizens reveals that Bitcoin’s biggest challenges are around adoption and communications, and that digital currencies have got a persistent reputation problem. It is in light of the call for information made by the government of the UK earlier this month that the American organization… Read more »

Bitcoin 101: Why It’s Attracting Wall Street Investment

-+*Source: WallStreetandTech.com Written by DCC Member Michael Sonnenshein Despite its infancy, Bitcoins are being called one of the greatest developments of the new financial services landscape. Here’s why. Ten months ago, I set up my digital wallet and bought my first bitcoin. Weeks later, after five years on Wall Street, I decided to leave behind… Read more »

How Bitcoins Are Taxed: The tax implications of bitcoins and staying organized

-+*Source: About.com Whenever bitcoin is bought, sold, or traded, there are tax impacts. We’ll discuss how bitcoins and other forms of virtual currency are taxed, and point out record keeping requirements and tax planning techniques that can be utilized. At the end you’ll find resources for continuing your own research. The big picture: “The key… Read more »