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Bitcoin

Aristotle wouldn’t use Bitcoin. Should you?

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A lot of people wonder if Bitcoin is something they should try. They hear about it in the news, with many investment houses considering using it as an alternative to the U.S. dollar. In addressing the question of Bitcoin being a reliable option for your financial needs, it helps to know the ancient definition of a quality currency. The five qualifications cited by Aristotle for an ideal currency are: convertibility, portability, divisibility, utility, and durability. Which of these qualifications does Bitcoin…

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Dorothy Hukill looking at ‘cryptocurrency’ bill next year

in Statewide by

State Sen. Dorothy Hukill says she’s aiming to file legislation next year covering the use of “cryptocurrencies” such as bitcoin. “We’ve been learning a lot about it,” the Port Orange Republican said Wednesday. “We don’t really have any way to regulate it in Florida.” Cryptocurrency is online money, “decentralized digital currency beyond the reach of banks and governments,” as Fortune magazine recently defined it. Its use is growing, albeit gradually: Former Libertarian candidate for attorney general Bill Wohlsifer accepts bitcoin as…

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Bitcoin Bowl, Schmitcoin Bowl

in The Bay and the 'Burg/Top Headlines by

Well, that didn’t take long. Remember The Bitcoin St. Pete Bowl at Tropicana Field last year? Well, savor it because it’s not going to happen again. At least not under that name. According to Coin Desk, a company that reports on the tech currency, the company BitPay is walking away from a three-year sponsorship gig after just one year. There’s little known about why Bitcoin is walking back its sponsorship and naming rights of the College Football bowl, but ESPN…

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