Bitcoin uses peer to peer technology to operate with no central authority; managing transactions and issuing Bitcoins are carried out collectively by the network. Through many of its unique properties, Bitcoin allows exciting uses that could not be covered by any previous payment systems.
We Use Coins
Your portal into the world of Bitcoin
A Bitcoin bank
When someone sends you a bitcoin, it is only accessible from the device you initially receive it on. You cannot easily access the funds from your mobile device (or from any other device for that matter). Generally speaking, you must access the bitcoins from the machine they were initially sent to / received on. What Flexcoin does is simple - it acts as a central location for all of your bitcoins, and as the world's first bitcoin bank. You can use one account to access all of your bitcoins, from any web connected device.
Bitcoin 2013: The Future of Payments
Topics at the conference include improving ease of use, fraud prevention, integration with modern financial systems and driving business adoption of Bitcoin.
Bitcoin Virtual Currency: Unique Features Present Distinct Challenges for Deterring Illicit Activity
“The FBI assesses with low confidence, based on current user and vendor acceptance, that malicious actors will exploit Bitcoin to launder money.”
Application of FinCEN’s Regulations to Persons Administering, Exchanging or Using Virtual Currencies
FinCEN released interpretive guidance on the applicability of virtual currencies as they pertain to the Bank Secrecy Act.
Bitcoin Virtual Currency Gains Following, But Will its Bubble Burst?
Kansas City Star
“I think we’re probably the first car dealer in the United States” to accept bitcoins, said Norman Vialle, president and owner of Overland Park Jeep Dodge Ram Chrysler.
8 Vendors You Didn't Know Accepted Bitcoins
In San Francisco, you can buy a variety of treats with your Bitcoins at Cups and Cakes Bakery. And soon, Cyprus will set up the world's first Bitcoin ATM. There's even a man in Alberta, Canada, trying to sell his house for Bitcoins.
Man Tries to Sell House for Bitcoins
Taylor More, of Alberta, Canada, posted his two-bedroom bungalow up for sale online. He's asking for 405,000 Canadian dollars (about $400,000) up front or, if you have them, about 5,750 Bitcoins.
Bitcoin Exchange Halts, Citing Risk, As Bank Closes Its Account
Possibly viewing Bitfloor, a popular Bitcoin exchange, as a risky money transmitting business, Capital One Financial Corp. has closed the exchange's bank account, prompting Bitfloor to halt operations. The incident may portend a growing wariness of businesses that handle virtual currencies.