Bitcoin Malaysia and Blockchain Tech Information

Bitcoin and Blockchain, Bitcoin Exchange, Bitcoins Malaysia, Blockchain Malaysia

Posts by: colbert becomes BitPay’s 1000th merchant to accept Bitcoins

By on September 21, 2012

Congrats to BitPay for accepting their 1000th customer ( It’s also important to note that the Secretary of the Central Bank of Finland publicize that bitcoin is legal to use in Finland, wow!

BitPay, Inc., the world leader in bitcoin business solutions, announces it has over 1,000 businesses using its service to accept bitcoin digital currency for purchases.

“The sheer volume of new merchants has started to explode over the last month as more businesses begin to see the value in accepting bitcoin payments,” says Anthony Gallippi, co-founder and CEO of BitPay. “By accepting bitcoin, a business can receive a payment from any country, instantly, with no risk of fraud. No other payment technology can offer this level of functionality.”

The majority of BitPay’s merchants are in the United States, followed by the U.K., Canada, Australia, and Finland. Businesses in a total of 98 countries use BitPay to accept bitcoin payments. Most of the bitcoin-accepting merchants are eCommerce businesses, offering services ideal for virtual currency payments such as web hosting, domain registration, VPN services, and digital downloads.

As a result of the secretary of the Central Bank of Finland publicizing that bitcoin is legal to use in Finland, many businesses have seized the opportunity to accept bitcoin. Some of the rather unique merchants in Finland include a dentist office, a veggieburger restaurant chain, and a funeral service.

In just three weeks after launching the new website, the number of approved merchants using BitPay has jumped by 30%. BitPay enables merchants to accept bitcoins as a form of payment, just as easily they accept other methods of payment. Merchants have zero volatility risk of holding bitcoins if they choose a bank direct deposit.

Below : Video (Finnish Version) – Secretary of the Central Bank of Finland publicize that bitcoin is legal to use in Finland.

Below : Video (English sub-title Version) – Secretary of the Central Bank of Finland publicize that bitcoin is legal to use in Finland.


Gavin Andresen talks about Bitcoins at CIA HQ

By on September 19, 2012

Here’s a video where Gavin Andresen, the tecnical lead for Bitcoins, talks about Bitcoins at CIA HQ. He was invited to the CIA HQ by the Venture Capital Firm In-Q-Tel.

Withdrawing Bitcoins at Blockchain.Info To MoneyPak

By on September 12, 2012

Blockchain.Info has a bitcoins (btc) wallet service and so far it’s been pretty good at storing my own btc holdings. It features an email authentication (2-factor) method that’s pretty neat if you are worried about security. Now, they’ve just integrated btc withdrawals with (MoneyPak), so that you can fund any U.S. PayPal account and a variety of prepaid debit cards. Check out the email that I got from below:

My Wallet Users,

We are pleased to announce that is now integrated directly into My Wallet accounts allowing for quick and easy withdrawals to MoneyPak. MoneyPak can be used to fund any U.S. PayPal account and a variety of prepaid debit cards. MoneyPaks are available in $100, $250, $500 and $1000 denominations and will be available a few minutes are placing an order.

Additionally to celebrate the recent milestone of over $40 million successfully transacted and 22,000 wallets hosted we are offering the ability to earn small amount of bitcoins by sharing a link to on twitter. Login to your My Wallet account for more details.

Kind Regards,

HuffingtonPost interviews Roger Ver of BitInstant

By on September 9, 2012

Bitcoin Video Interview with Roger Ver of BitInstant and others at HuffingtonPost:

Video – with Roger Ver (Bitinstant/memorydealers),Brian Armstrong (coinbase) , Drew Little (‘new economist’/founder of producism) , Neils Vanderlanden (don’t buy bitcoin guy!), David Wolman (author of The End of Money).

Video name: Chomping at the Bitcoin – The Ups And Downs Of Cyber Money,
Host: Janet Varney, 24 August 2012.

Click on the link below to see the video as I could not find the embed codes.

Jason Calacanis interviews Gavin Andresen and Amir Taaki about Bitcoins

By on September 9, 2012

Jason Calacanis on STARTUPS YouTube Channel Episode #140 interviews Gavin Andresen and Amir Taaki about Bitcoins.

Jason Calacanis is an American Internet entrepreneur and blogger. His first company was part of the dot-com era in New York, and his second venture, Weblogs, Inc., a publishing company he co-founded together with Brian Alvey, capitalized on the growth of blogs before being sold to AOL.

The BarCamper’s Guide to Bitcoin Presentation by Ash Moran

By on September 8, 2012

Ok, so bitcoins. Some people get it, some don’t. Don’t fret if you are trying to convince your mom to buy some. Here’s an excellent slide by Ash Moran that’s suitable for noobs and techies.

Ash Moran’s blog is here.

Hosted Bitcoin Wallet Solutions or Online Bitcoin Wallets

By on September 3, 2012

Some people have asked me about online bitcoin (btc) wallets and whether its safe. For me, its always safer to store your bitcoins in an offline Bitcoin wallet (like Armory) on a Linux computer to prevent malware hijacks. But if you are adamant on using this easy online bitcoin wallets, here’s a few.. (thanks to the list from bitcointrading).

List: Wallet – Somewhat “official” as far as bitcoin wallet solutions go, they are definitely the #1 option to get a hosted wallet, I think more people use wallet than actual bitcoin clients. They have a 2 factor authentication feature where you need to key in a special code sent to your email for verification.

Coinbase – The new wallet solution, Coinbase is a startup company that is trying to be the next Paypal of Bitcoin, we will see if they succeed!  They offer you a 0.10 BTC if you set up a free account and become verified. They have a 2 factor authentication feature where you need to key in a special code sent to your phone as SMS or via Authy.

Instawallet – A website that automatically generates you an address to send bitcoins to, not very safe by any stretch but if you need a wallet instantly for some reason, they offer that service.  You definitely need to bookmark your wallet if you have any stored in there!

EasyWallet – Offering a similar service to Instawallet, it generates you a wallet as soon as you visit the site.  Don’t forget to bookmark the wallet!

ZenWallet– Another instant wallet generating website.  Don’t forget to bookmark your URL, and again make sure you trust bitcoins to the site owners because we’ve seen companies disappear in the past.

Paytunia – Paytunia is a step up from Instawallet in terms of both complexity and security. They have a cool option where you can send bitcoins to an email address if you want to pay someone whose Bitcoin address you don’t know.