By Jon Matonis Yes, that is my professional opinion for the potential of paysafecard. How do they become huge? All they have to do is adjust their 'Webshop' Terms and Conditions allowing online merchants to accept paysafecard for the sale of the bitcoin product. The global demand is certainly there. Sadly, paysafecard does not permit their product to be used for the purchase of bitcoin today because they do not view bitcoin as a valid consumer end-product -- but as a monetary intermediary....

By Pierre Noizat ParisTech Review Friday, January 20, 2012 http://www.paristechreview.com/2012/01/20/bitcoin-universal-complementary-currency/  Bitcoin is a new payment application available on the internet since January 2009. In a way, by virtue of its open source publication, it is similar to the World Wide Web, the hugely successful internet application of the internet that now enables so many others. Much like the WWW has redefined the way mankind produces and shares knowledge,...

Press Release The Public Interest Advocacy Centre Wednesday, January 11, 2012 http://www.piac.ca/consumers/consumers_should_be_wary_of_risks_in_virtual_worlds/ The Public Interest Advocacy Centre (PIAC) today released a report entitled “A Virtual Fortune: Consumer Protection for Banking and Consumer Fraud in Virtual Worlds”. The report studies virtual worlds, which are sometimes described as “massively multiplayer online role-playing games” (MMORPGs) that provide an immersive virtual...

Douglas Jackson Interview 2012 e-Gold(function() { var scribd = document.createElement("script"); scribd.type = "text/javascript"; scribd.async = true; scribd.src = "http://www.scribd.com/javascripts/embed_code/inject.js"; var s = document.getElementsByTagName("script")[0]; s.parentNode.insertBefore(scribd, s); })();

Hartley Henderson has published a prospicient article at Off Shore Gaming Association, "Could Virtual Currency be the Future of Internet Betting?". The author has identified a man known as R.C. who emphatically endorses bitcoin as a means of payment for online gambling and casinos across almost all jurisdictions. This supports our thesis that bitcoin is the digital equivalent of a physical casino chip. Henderson summarizes his discussion: 'If I had any say, all transactions at our book would be...

Tyler York of Betable presents some amazing numbers on how real money gaming would be supremely more profitable than virtual money gaming in "Virtual currency poker leaves money on the table". Bitcoin, the digital version of a physical casino chip, is not discussed in the analysis. But since it currently falls into that legally unclassified area of 'not-real-money', it will undoubtedly start to appear in those gaming venues that inhabit the monetary space between real and virtual. Tyler York...

By Julian Noble Wednesday, January 4, 2012 To stand up and fight to protect lawful online activity from legal threats isn’t for the faint of heart… it takes big ones. The Electronic Frontier Foundation has a two decade history of taking on cases that set important precedents to protect rights in cyberspace. This is an organisation which has not been afraid to file lawsuits against the CIA, the US Department of Defence, the Department of Justice and other agencies, as well as major...

"Virtual Currency in Virtual Economies: Income Characterization Issues for Social Media Companies" by Jim Carr, Jason Hoerner, and Carlos Kaplan of KPMG LLP was published in the November 21, 2011 (Vol. 64, Number 8) issue of Tax Notes International. This article examines income characterization issues related to taxation of virtual currency. Some social media companies offer digital currency (so-called virtual currency) for online players to use in virtual words, online games, and other...

By The Bitcoin Trader Friday, December 30, 2011 http://www.thebitcointrader.com/2011/12/10-most-anticipated-bitcoin-projects.html I'm not so sure that Satoshi Nakamoto could have anticipated the wave of projects that have been and continue to be inspired by his creation. At this very moment, one can only imagine the development progressing in secrecy among the hundreds, if not thousands of computer programmers, investors, financial types, marketing gurus, or otherwise, that have found...

By Constance J. Wells, M.S. Aspen University Tuesday, February 8, 2011 From the Abstract: Digital currency systems form the triumvirate nexus of government policies, money, and technology. Each has a global reach and responds to the needs of business and consumers. E-commerce depends on private and government financial institutions to enable payment transactions; the basis of e-commerce. As the United States financial crisis continues B2B enterprises may need to abandon traditional...