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+24 +5
Keep Hamilton on the Ten. Put Tubman on the Twenty.
"Have you given any thought to the woman who should be on the ten-dollar bill?” Brianna Kellar asked Hillary Clinton recently. “You know, I am very torn about it,” Clinton replied. “I want a woman on a bill. I don’t know why they take the ten-dollar bill. Some people are now agitating for the twenty-dollar bill.” Indeed, ever since the Secretary of the Treasury, Jack Lew, announced, last month, that the next version of the ten would feature a woman, that has been the baffled response.
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+28 +3
New Australian $5 bill compared to 'clown puke'
The Reserve Bank of Australia has unveiled the new design for its $5 bill, and the early reviews on social media are not good, featuring such words as "vomit," "disgusting" and "atrocity."
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+35 +6
How a Cashless Society Could Embolden Big Brother
When money becomes information, it can inform on you.
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+32 +6
The "halving" sounds like a horror story and may well turn out to be one for Bitcoin
Around July 18th however, Bitcoin will go through a process whereby the reward allocated to Bitcoin miners is halved. This happens every 4 years and was added into the design of Bitcoin as a way of slowly reaching the limit of the total number of Bitcoins to 21 million
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+40 +9
Why we should fear a cashless world
The health food chain Tossed has just opened the UK’s first cashless cafe. It’s another step towards the death of cash. This is nothing new. Money is tech. The casting of coins made shells, whales’ teeth and other such primitive forms of money redundant. The printing press did the same for precious metals: we started using paper notes instead. Electronic banking put paid to the cheque. Contactless payment is now doing the same to cash...
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+21 +4
The Bitcoin busts
Its anonymity made Bitcoin popular among criminals. But even with cryptocurrency, researchers can follow the money.
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+36 +7
Microsoft stops accepting Bitcoin in Windows Store
Back in November 2014 Microsoft announced that it had struck a deal with an outfit called Bitpay that would let it accept Bitcoin in the Windows Store. “For us, this is about giving people options and helping them do more on their devices and in the cloud,” Eric Lockard, corporate vice president of Universal Store at Microsoft said at the time. “The use of digital currencies such as bitcoin, while not yet mainstream...
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-2 +1
How to Get a One (1) Free Bitcoin from Points2Shop
There are many websites that promise rewards for doing online tasks and looking at ads. Points2Shop is the largest and m…
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+38 +8
It’s time to kill the $100 bill
The $100 bill is becoming a big problem
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+38 +8
The Schism Over Bitcoin Is How Bitcoin Is Supposed to Work
The bitcoin community can’t even agree on whether it’s breaking up. Last month, Mike Hearn—an ex-Googler and one of the biggest names working on the software underpinning bitcoin—made more than a few headlines when he called the digital currency “a failed experiment.” He not only parted ways with the bitcoin community. He sold all his bitcoin. He said he was fed up because the bitcoin system—software that runs across a vast network...
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+35 +4
The King’s See-Though Clothes
A global consortium of banks are pushing for a 'permissioned' blockchain, ie a blockchain that is private and closed.
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+5 +2
Bring On the Cashless Future
The faster we can do away with cash, the better.
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+8 +3
Norway's Biggest Bank Calls For Country To Stop Using Cash
The largest bank in Norway has called for the country to stop using cash, the Local reported Friday. This comes as the latest move in a country that has been leading the global charge toward electronic money in recent years, with several banks already not offering cash in their branch offices and some industries seeking to cut back on paper currency. DNB, the bank with the proposal, has said eliminating the use of cash would cut down on black market sales...
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+25 +4
Loonie briefly dips below 70 cents US for 1st time since 2003
The Canadian dollar has dropped below the 70-cent US level for the first time since May 2003. When stock markets closed on Tuesday, the loonie was changing hands at 70.13 cents US, down by about a fifth of a cent after earlier dipping below the 70-cent threshold for the first time since May 2003.
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+23 +2
Thought Bitcoin Was Dead? 2016 Is the Year It Goes Big
Today, bitcoin is thriving like never before. Or hadn't you heard?
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+32 +9
One year later, it's like the Bitcoin Bowl never existed
Walk around downtown St. Petersburg, Florida, and you’ll mostly notice how good everything seems. The weather’s great. There’s a healthy stream of tourists. Downtown businesses, once struggling, have rebounded in the past year. One thing you likely won’t notice, at least unless you squint, is any sign that one company, flush with tech startup cash, tried to make St. Pete the Bitcoin capital of the world. The year before, a company called BitPay shelled out a bundle of money...
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+42 +10
Blockchain – A Regulatory Unicorn?
Banks are enthusiastically jumping onto the Blockchain wagon claiming "Blockchain is an important technology development that has the potential to change fundamentally the world’s capital markets." This is a hugely extravagant claim for what is a basic, if very elegant, piece of computer code.
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+38 +6
Zimbabwe’s curious plan to adopt China’s currency
Want evidence that China is still making inroads in sub-Saharan Africa? Look no further than Zimbabwe, where the finance minister just announced a plan to begin using the Chinese yuan as an official currency within the southern African nation — part of a deal in which Beijing will also cancel about $40 million in debt. "There cannot be a better time to do this," Zimbabwean Finance Minister Patrick Chinamasa explained in a statement.
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+4 +2
Mint-mistake dime struck on sixpenny nail estimated at $10,000 before auction
Is it a dime? Or is it a nail? In probably one of the oddest items to come to the world of coin collecting, New York-based Heritage Auctions has announced the sale of a Roosevelt dime that was accidentally (or some say deliberately) struck onto a zinc nail. Yes, that piece of ironmongery used to repair your roof. The dime/nail is estimated to be worth roughly $10,000.
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+38 +7
Tech and Banking Giants Ditch Bitcoin for Their Own Blockchain
Several major companies from across both the technology and financial industries—including IBM, Intel, and Cisco as well as the London Stock Exchange Group and big-name banks JP Morgan, Wells Fargo, and State Street—have joined forces to create an alternative to the blockchain, the global online ledger that underpins the bitcoin digital currency.
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