Bitcoin Roundup June 20, 2016

Network Congestion Will Not Diminish Dark Markets Bitcoin Usage

Paying a higher price can be annoying, but it is still worth it to the majority of deep web users. Plus, Bitcoin developers are working on adding privacy and anonymity to the protocol, which will benefit users of dark markets even more. 

How the Verge Totally Misrepresented the DAO, and Bitcoin

That’s right: your eyes are not playing tricks on you, I promise that you read that correctly. 

Central Bank’s Are Hypnotized By Fintech and Blockchains – Bitcoin Network, News, Charts, Guides & Analysis

On June 17th, the Bank of England (BOE) announced a new initiative with a financial technologyaccelerator that will partner with fintech firms to help ‘harness innovations for central banking.’ 

IMF report calls Bitcoin’s blockchain the Internet of Trust » Brave New Coin

The June 2016 edition of the IMF’s quarterly magazine, Finance & Development, features a very pro-blockchain article called “The internet of Trust,” which explains Bitcoin in great detail, expanding on the benefits of the blockchain impressively. 

Walmart Canada and VISA Showdown, Will Bitcoin Emerge as the Winner? – NEWSBTC

Whenever there is an issue regarding fiat currency, bitcoin is sure to have the last laugh. Bitcoin has been around for about 8 years as an alternative digital currency, which is perfectly capable of operating of ensuring transfer of value without the intervention of an organization or a government as the trusted third party. 

Is It Worth Buying Bitcoin Cloud Mining Prior To The Halving? – The Merkle

With the Bitcoin price continuing its upward trend, the question becomes how profitable it is to start mining again. With the Bitcoin halving nearly upon us, that question may have multiple answers, and comprise of both positive and negative aspects. 

Investors Look to Bitcoin As The Asset Class of the 21st Century – Bitcoin Network, News, Charts, Guides & Analysis

It’s been over seven years since the birth of Bitcoin and as its growth continues in 2016 it is a new asset class for the 21st century. As the Brexit vote approaches, China’s woes are heavily weighing down markets, and socialist regimes failing daily investors worldwide are discovering the cryptocurrency’s value.  

Bitcoin Hasn’t Done Anything Special Say the Brits in a Survey – NEWSBTC

While the hopes are strong among the Bitcoin community about the emergence of bitcoin as a mainstream payment instrument in the coming days, the English merchants have a different take on it.  

Virtual safe haven? Bitcoin surges to highest in more than two years – The Economic Times

The price of bitcoin surged 8 percent to $750 on Thursday, its highest since early 2014, as jittery investors sought shelter in the web-based currency, once considered too volatile to invest in, let alone at times of market stress. 

Bitcoin is being Bitcoin and spiking 30% this week and 200% this year | TechCrunch

It feels like we only hear about Bitcoin when the price is either tanking or skyrocketing. And, since it’s currently skyrocketing, let’s talk about Bitcoin! 

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