Mt. Gox

The company, which would like $75 million because it had a deal to license the former Magic: The Gathering Online Exchange’s formerly valuable bitcoin exchange architecture before said architecture shown to be somewhat shoddy, won’t try to stop some other idiots from buying what’s left of Mt. Gox and then trying to get its fair share. Read more »

We’re not sure about how Phil Falcone feels about bitcoins. We’re certainly not as sure about his feelings on matters cryptocurrent as we are on his opinions re: the FCC and Charlie Ergen. And we’re not sure that the latter’s embrace of bitcoins will affect Phil’s opinion, but it certainly cannot help. Read more »

  • 16 May 2014 at 4:25 PM

The Bitcoin Bugle: By Fiat

The guy who founded CNet has figured out how to save bitcoin from itself: Turn it into the U.S. dollar. Read more »

  • 23 Apr 2014 at 1:46 PM

The Bitcoin Bugle: Mark Karpelès Had a Dream

And it wasn’t to transform a role-playing card exchange into the vanguard of a financial future without fiat currencies or central banks. That was incidental.

Or, rather, it was a means to an end, the end being a much more prosaic, conventional business: a coffee house that would help one lonely French fat kid in Tokyo make friends. Read more »

If the Mt. Gox founder would like to avail his company of all of the wonderful protections offered by Chapter 15 of the U.S. Bankruptcy Code, he’s going to have to spend a bitcoin or two on a ticket to Dallas. Read more »

  • 28 Mar 2014 at 1:31 PM

The Bitcoin Bugle: China F*cking With Bit Again

The People’s Republic is doing its part to make sure the year 2014 is the cryptocurrency’s last, upping its December bar on banks trading in bitcoins to and outright ban on banks doing any kind of business with bitcoiners at all. Read more »

A middle-aged white guy (who is also an innovator in the field of conflict-of-interest resolution) has some harsh words for an older white guy who had the audacity to question the validity of something that appears highly validity-impaired at the moment. Read more »

  • 25 Mar 2014 at 6:50 PM

The Bitcoin Bugle: Derivatives and Taxes

Those 200,000 bitcoins that Mt. Gox forgot about? Yea, well, they’re still not legal tender, according to the IRS, which will have some unpleasant consequences in about three weeks. Read more »