bitcoin (4)

Bitcoin Scams Up the Ying Yang

If you are thinking of jumping onto the Bitcoin bandwagon, or any type of cryptocurrency, you have to make sure that you are watching out for scams. There are a ton of them out there, including the following:

Fake Bitcoin Exchanges

You have to use a Bitcoin exchange if you want to buy or sell Bitcoins, but not all of them are legitimate. Instead, many of them are created for the sole purpose of taking people’s money. Only use well-known exchanges.

Ponzi Schemes

Bitcoins are not exempt from Ponzi sch

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The market size and app richness in the new payments area begs the question, where is this all going? And what should the perfect payment solution of the future look like? In this final part of the blog series I look at issues that should be addressed to fast-forward the way we conduct payments.

  1. (Sore) Point of Sale technology
    If merchants are not convinced that new POS solutions will give them an advantage, wider distribution will be hard to achieve. Although some first movers have already starte
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Tax-289x151.png
The Independent reports that Ireland's Chartered Accountants are warning that "new OECD proposals on taxing hi-tech multinational companies will fundamentally change business landscape." 
 
The OECD has published a draft discussion on companies operating in the digital economy.  The question of determining tax liability for companies with a business model spanning multiple countries is a growing concern for national tax agencies. Outsourcing, offshoring, the use of tax havens and global e-commerce
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Currency of the new millenium

As if EUR, USD and other currencies did not have enough shocks yet, here comes another: bitcoin

Bitcoin is a new kind of currency: it is the first truly digital currency. It uses peer-to-peer technology to enable instant payments to anyone, anywhere in the world.


Bitcoin comes with its own currency exchange where one can trade bitcoins for old-fashioned money, its own market watch and, most amazingly, smart devices that can exchange payments and do much more.


There is one thing, though, that all

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