Entries by C Wylie

Beta testers required

Beta testers required to test our brand new blockchain – we’re looking for regular internet users, no special skills required.  The idea is to get as many people as possible testing the system for glitches, snafus and anything which is confusing…  Then report back! Whilst the testing will be done in a virtual sandbox with […]

Happy World Bitcoin Pizza Day!

Back on May 22nd, 2010,  an extremely fortunate pizza vendor sold two pizzas, for 10,000 Bitcoins. Nowadays, those 10,000 Bitcoins are worth $34,500,000!  Ten thousand coins were then worth about $40 (£30). A British user agreed to buy the pizza for this pizza-munching developer, and even at the time the buyer got a good deal […]

Bitcoin starts to become mainstream – we’ve won!

The news is that Seminole County tax collector Joel Greenberg will use Bitpay to accept tax payments in cryptocurrencies. This represents a tipping point in the financial world unlike anything that has ever been seen. Greenberg says he wants to make his customer ‘s experience “faster, smarter and more efficient” and to bring government services […]

“Designed to be not transparent” Really?

William Suberg , in CoinTelegraph, has reported an interview on CNBC. In it, he quotes Bank of America (BoA) as reiterating its decision to stop customers buying Bitcoin with its credit cards. The bank’s official called cryptocurrency “troubling,” according to CNBC. BoA’s CTO Kathy Bessant described cryptocurrencies as “troubling” and as being  “designed to be […]

Better Blockchain regulation needed – says former White House Regulator

Former White House financial regulator and Goldman Sachs partner, Gary Gensler, today called for better blockchain regulation.  He suggests that both Ether and Ripple may well have issues surrounding American securities regulations because of the way they have been traded.  Bitcoin remains unaffected but it opens up the debate on more regulation within the cryptocurrency […]

Scotcoin Offered To Scottish Government – Herald, 8 April

The cryptocurrency Scotcoin has been offered, free of charge, to the Scottish Government to make it the country’s official digital currency. “I’d prefer to call it a donation to the Scottish people,” said David Low, co-owner of Scotcoin. If the offer is accepted, Low wants the equivalent of £10,000 in Scotcoin to be given to […]

Tues 27 March Meet Up Report

Dear Scotcoin friends, Many thanks to all who attended last night’s meeting in Scone. We had a lively audience who asked relevant and interesting questions. Our apologies for not streaming the meeting live. Unfortunately, the connectivity from the venue was not good enough on the night to sustain a proper connection. Here is a summary […]