Jewish Journal

Tag: Bitcoin

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  • A yearlong trip around the world – using only bitcoin

    August 18, 2015 | 1:53 pm

    Felix Weis has gotten used to blank stares anytime he tries to pay for something. Since January, the 28-year-old freelance computer programmer from Luxembourg has been on a trip around the world using only bitcoin.

    Most store clerks, bartenders and tour operators he's encountered...

  • Silk Road operator found guilty

    February 4, 2015 | 1:55 pm

    The suspected operator of the underground website Silk Road was convicted on Wednesday on narcotics and other criminal charges for his role in orchestrating a scheme that enabled around $200 million of anonymous online drug sales using bitcoins.

    Ross Ulbricht, 30, was convicted...

  • Bitcoin makes aliyah: Cryptocurrency finds Israeli fans

    June 12, 2014 | 3:28 pm

    Blocks away from the Tel Aviv Stock Exchange and the headquarters of two major banks, in the corner of the lobby of a boutique hotel, Nimrod Gruber sticks his hand into an ATM.

    A few seconds later, a QR code prints out. Gruber takes the slip of paper and walks away, no cash in...

  • Israel launches a virtual coin

    March 27, 2014 | 10:55 am

    This story originally appeared on themedialine.org.

    A virtual currency called “Bitcoin” has become popular in the past few months. Traded digitally, it can be used instead of money. Today, the Bitcoin is trading at about $530.00.

    “Every time I go to buy something the person...

  • Israel warns public on bitcoin risks, mulls regulation

    February 19, 2014 | 10:11 am

    Israel said on Wednesday it was considering regulation of bitcoin and warned citizens that using such decentralised virtual currencies was risky.

    As a crypto-currency, bitcoin is passed between two parties digitally and can be traded on exchanges for real-world currencies. Its...

  • Israeli startups dream of a Bitcoin world

    February 11, 2014 | 9:33 am

    "Welcome to the new economy," boasts a sign at the entrance of the self-styled Bitcoin Embassy in the heart of Tel Aviv.

    The sparely furnished property opened a few months ago to support a community of Bitcoin fanatics, perhaps the most active in the world, who are out to build...

  • Illegal? Just a bit(coin)

    By Jared Sichel

    January 27, 2014 | 4:25 pm

    It seems that reality imitates Hollywood. Fresh off two films that made Jews inaccurately appear more materialistic and valueless than the rest of American culture ("American Hustle" and "Wolf of Wall Street"), Charlie Shrem, a Yeshiva of Flatbush alum, was arrested Sunday on four...