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Bitcoin Fulfilling the Original Purpose of PayPal PayPal tried and failed in its stated mission to create a "new world currency," but Bitcoin is stepping up and fulfilling PayPal's original vision. ... is interesting, and pointed out by VentureBeat, is that Bitcoin is actually accomplishing the original purpose of PayPal, which was to create a "new world currency.
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Buy it with bitcoin in New York, but it's not cheap Investors' interest has been piqued by the virtual currency's surging value while industry insiders see it as an alternative instrument for consumers who want to shop online but don't have access to traditional instruments like a credit card. It has even triggered an expanding ATM network that lets people ...
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How much energy does bitcoin mining really use? It's complicated As the value of the digital currency goes up — and it's skyrocketed this year — miners are more likely to invest in ever more sophisticated hardware. Back in 2009, you could mine competitively with your desktop computer, but now you'll need specialist hardware, such as the Antminer S9 – a dedicated ...
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'Wall St poised to love bitcoin' Crypto-currencies are poised to take the mainstream centre stage. Fortress Investment alumnus Mike Novogratz is launching a hedge fund, exchanges like CME are teeing up bitcoin futures, big banks are likely to enter the fray, and even the Federal Reserve is taking notice. It may well end in tears, but ...
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