Bitcoin

WLRN's Five Most Popular Stories Jan. 27-31

Feb 3, 2014
Tom Hudson

Modern-day slavery in Brazil, Bitcoin's rising popularity among South Florida merchants, rent spikes, human trafficking and a killer whale dominated the top stories this week.

Bitcoin in South Florida: Real Business Taking Virtual Money: Flower shops, burger joints and -yachts? The digital currency Bitcoin is gaining wider acceptance among merchants, including a few in South Florida.

casascius.com

Arrests in New York and Florida in late January indicate the global virtual currency Bitcoin has the attention of federal prosecutors: A top executive with a Bitcoin trade organization was one of those charged. The second man arrested was Robert Faiella, at his home in Cape Coral.

Faiella was charged with conspiracy to commit money laundering and operating an unlicensed money exchange business.  They are accused of helping push money through the online drug marketplace Silk Road.  

Tom Hudson

Bitcoin may not sound revolutionary but to its supporters and users the digital global currency could be the future of payment. To regulators, it's a curiosity they're viewing with concern.  And for a growing number of individuals and companies in South Florida, it's an opportunity to experiment.  

What is it?

North American Bitcoin Conference Comes To Miami

Jan 27, 2014
Hillary Lindwall/WLRN

Bitcoin users from around the world attended this year's North American Bitcoin Conference this past weekend at the Miami Beach Convention Center.

Moe Levin, who organized the conference, says attendance exceeded his expectations.

"I was expecting 800 people and now there are 1,200," Levin said. "It [was] a hugely successful Bitcoin conference."

Conference goers attended workshops held by Bitcoin-accepting and facilitating merchant vendors, like bitpay and 3DCart.  

Digital Currency Conference Hits Miami Beach

Jan 27, 2014
Hillary Lindwall/WLRN

Hundreds of Bitcoin users flocked to Miami Beach this weekend for the North American Bitcoin Conference

Bitcoin is a form of digital currency that Florida Atlantic University finance professor Charles Evans says will change the way international business is conducted.

South Florida Can Buy With Bitcoin This Christmas

Dec 19, 2013
Planet Linux Caffe

Contribution from the Miami Herald

In the past year, the electronic payment system called Bitcoin has reached a certain level of ubiquity in national and international conversation.

 

Its intersection in the tech and finance worlds has piqued the interest of various groups and governments, but the “crypto-currency” remains somewhat mysterious.