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MintChip: 2012’s Bitcoin?

Canada’s Royal Mint is launching a digital currency called MintChip. Its suppose to allow small or large, anonymous transactions. Sounds familiar, no? The transaction has to take place between two specifically equipped hardware devices (potentially a microSD card) but that has not been fully worked out yet. What has been worked out is a contest! Developers can access the MintChip code to use in apps and the winner will get one 10-ounce wafer of pure gold.

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On the brink: life in a connected world

GigaOm points to a new concept video by Ericsson that looks at the various ways the “everything is connected” digital ecosystem will change and shape life and work.

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Minecraft in Minecraft, really

This is the guy that built the computer in Minecraft. Now he’s got “Minecraft” in Minecraft.

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Chad Pankewitz: Ruxum, Bitcoin and Namecoin

Chad Pankewitz sees an opportunity in the new digital currency opportunities provided by Bitcoin and fork, Namecoin. Bitcoin has been in the news lately and has focues new attention on virtual fiat currencies. Chad’s background as the head of eBusiness for Citigroup Private Bank seems to be a good sign for his ability to lend credability and security to the nascent currency platforms.

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Bitcoin: MT Gox hacked, Tradehill in the spotlight

The hits just keep on coming with every one’s favorite virtual currency. In addition to a number of new mainstream articles, the primary bitcoin exchange, MT Gox got hacked a few hours ago. Tradehill, a new exchange, also halted trading to give people time to change passwords that they may have been using for both systems.

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Bitcoin: trouble in paradise

Ars Technica reports that a long time Bitcoin miner says his system was compromised and Bitcoins were stolen. I guess following the hype and valuation jump some kind of subterfuge was to be expected.

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Bitcoin: goes mainstream, breaks $31, bounces off $10

Its been a big week for Bitcoin, everyone’s favorite p2p digital cryptocurrency. There was a spot on CBS a post on Smart Money and two Senators pushed for “something to be done!” Most all of the recent buzz can be linked to the Gawker article about Silk Road, an underground digital market place that sells drugs. But in this case the buzz was big enough to attract some interest from the main stream media, albeit from the weird offshoot of needing to fill a 24 hour news cycle.

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Joel Levin: the Minecraft teacher

Joel Levin is a computer teacher at a private school in New York City. Joel started using Minecraft to teach his students about computers and general life lessons. What started off as a one shot experiment has turned into an ongoing course and did so well that Joel decided to start a blog to help other teachers use Minecraft.

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Bitcoin doubles in weekend trading

I was planning on getting some Bitcoins and looked at the price on Thursday when it was trading around 10, up from the 8 or so jump after the Gawker article. I decided I would get ready, see what happened and either way buy today. Until I checked the price this afternoon. It went from 10 on the 2nd to 19 on the 4th. That’s a pretty big move in any market.

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Bitcoin’s Silk Road

A recent Gawker article about online drug sales highlighted the virtual currency Bitcoin’s use in black markets. Bitcoin has been on a roll lately, receiving publicity and raising awareness. That fact is reflected in the value of a Bitcoin vs the US dollar. That’s a hell of an increase in a short time.

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