where can i get bitcoins tagged posts

October 16, 2013 / Posted in  Bitcoin

There is a lot of information on the Internet about where and how you can buy Bitcoins. The problem is, a lot of that information isn’t up to date. It also isn’t obvious that the current markets for exchanging Bitcoin are less convenient and subject to more fees than traditional domestic banking markets. There are tradeoffs in how you proceed, but the good news is market friction is constantly being reduced.

Update for 2014:

A lot has changed in six months, today the best place to get Bitcoins in the US is from Coinbase in my opinion. Converting currency is a flat 1% service fee. Continue reading to see the landscape from a few short months ago.

Cryptxchange no longer exists…

If you want Bitcoin fast, you can use Crypto X Change...

October 9, 2013 / Posted in  Bitcoin

About a week ago, the FBI shut down the Silk Road site, which was a hub for nefarious and illegal activity. I had never visited the site which requires the anonymity enhancing TOR browser, but the news article mentioned something that sparked my interest, “millions in Bitcoins seized.” Was that a lot? What is Bitcoin and what are they worth anyway? Then I saw another article that showed a picture of Bitcoins in hard currency form – were Bitcoins minted somewhere? My curiosity was peaked and I’ve spent about a week learning more about this fascinating, experimental, cyber currency.