Forgot your password?

typodupeerror
Bitcoin

Bitcoin Currency Surpasses 20 National Currencies In Total Value 583

Posted by samzenpus
from the fake-money dept.
Velcroman1 writes "More than $1 billion worth of bitcoins now circulate on the web – an amount that exceeds the value of the entire currency stock of small countries like Liberia, Bhutan, and 18 other countries. Bitcoin is in high demand right now — each bitcoin currently sells for more than $90 U.S. — which bitcoin insiders say is because of world events that have shaken confidence in government-issued currencies. 'Because of what's going on in Cyprus and Europe, people are trying to pull their money out of banks there,' said Tony Gallippi, the CEO BitPay.com, which enables businesses to easily accept bitcoins as payment. 'So they buy gold, they put it under the mattress, or they buy bitcoin,' Gallippi said."

Comment: Re:Five reasons why it's highly improbable. (Score 1) 238

I agree -- Google selling their services for cash does not seem to be a good business decision for Google. I for one would be happy to pay for a Google account where my privacy was ensured. Since that's not an option, I've switched my mail over to another provider that encrypts all of their email and provides POP3/IMAP for a modest monthly/yearly fee. I use http://lavabit.com/ but there are other alternatives as well.

Now that's not to say mail is the only feature that Google provides. I've migrated any work I've done with Google docs to my local box and am using LibreOffice. I use my VPS for storage instead of Drive/dropbox. I use XMPP instead of Google Talk in Gmail exclusively. The only Google service that I have yet to liberate is the calendar service (simply because I have not found a company that sells managed CalDAV servers).

It will probably be a small minority of Google users moving their services elsewhere and probably won't have a large impact on their business, but I can be happy to know that I'm not selling my privacy for Google services.

Comment: Re:But who will have the last laugh when ... (Score 1) 392

by punkrockguy318 (#42971817) Attached to: The Chromebook Pixel Is Real, and Expensive

When Google unveils the other super secret project it has been keeping under the wraps, the Google WiMax Nationwide (tm) project that gives Wi-Fi access to all Chromebook Pixel users for free, who will be laughing? Pixel users get 50GB data per month, Nexus users 10 GB/month, all other Android users get 2GB/month free, Wi-Fi calling using VoIP is included too. If you need more data than that the planned rate is something like 1$/GB or something. Non Android gmail users pay 5$ a month for 2GB/ month. Non-Android Non-gmail users pay some 20$ a month for 2GB/month.

How accurate are the numbers? Where did I get this info? Well, I am just day dreaming, hoping this comes to pass, and everyone thinks I have a super high level mole inside Google organization. That should be worth some 15 minutes of fame, should it come to pass, that is.

When? Don't you mean if? Do you have any links whatsoever to back this up? And anyway I don't think I would be bummed out if Google rolls out WiMax and i wasn't an early adopter on their netbook...

The bug starts here.

Working...