Ross Ulbricht Pleads Not Guilty to New Drug Charges

Ross Ulbricht, the accused ringleader of the now-defunct online black marketplace Silk Road, has plead not guilty to a series of new charges levied against him by federal prosecutors.Filed on 21st August, the charges include narcotics trafficking, conspiracy to traffic fraudulent identification documents and distribution of narcotics by means of the Internet. Those charges followed previous allegations that Ulbricht had engaged in drug trafficking,...

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Being an Entrepreneur is Really Hard

Written by Jason King of Sean’s Outpost and reposted with his permission from reddit . For over a week now, I’ve been trying to write a year in review piece for Satoshi Forest. The words, which usually just flow like a spigot when I’m passionate about something, seem to just dribble out. And what little ekes by is hardly print worthy. Maybe it’s just writer’s block? Writer’s block happens. Or maybe I’m not as passionate about Satoshi Forest as I...

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Coming in September, Inside Bitcoins Conference and Expo Will Feature Over 40 Virtual Currency Experts and 21 Sessions

Inside Bitcoins , the leading international conference and expo exploring the business opportunities and threats posed by the growth of cryptocurrencies, debuts in London, 15-16 September, 2014.Taking place at the Grange St. Pauls Hotel, on the doorstep of the City of London, Inside Bitcoins already has attendees from over fifteen countries registered and is expected to be the largest virtual currency conference in Europe to date. Exhibitors and...

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The Value Foundations of Bitcoin: Austrian Redux, part I

There have been a number of Bitcoin detractors. Most mainstream economists and intellectuals denounce the idea as either impossible or a hoax, or they misconstrue it along the lines of play money or niche money. Another group of Bitcoin detractors comes from an Austrian/Hard Money contingent. These gentlemen who recognize the invalidity of the Keynesian models have nevertheless made their own various arguments attempting to demonstrate that Bitcoin...

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