The Present Status of Bitcoin Regulations in the United States

Now that Bitcoin recently crossed the $1,000.00 threshold for the first time in its short life, a discussion on the regulatory status of Bitcoin in the United States (“U.S.”) is in order. Stories of online drug purchases, hitmen, and other unsavory activity initially marred Bitcoin’s reputation by associating it with black market transactions. However, for … Continue reading “The Present Status of Bitcoin Regulations in the United States”

3

Bitcoin Could Lead To Liberty Paradise, But Also To Surveillance Dystopia

Bitcoin heralds great promise to break that symbiosis between banks and governments that enable erosion of our financial privacy. But in the absence of banks, bitcoin comes with its own set of problems. With bitcoin, money flows are more traceable than ever before. Two interesting things happened today that are an indication of things to … Continue reading “Bitcoin Could Lead To Liberty Paradise, But Also To Surveillance Dystopia”

6

  • Nov 27, 2013
  • rasengan
  • Bitcoin, News, Privacy, Security,

The Gift of Privacy

At Private Internet Access, we’ve always been very interested in forward-thinking payment methods. We were one of the first VPN providers to officially accept Bitcoin (BTC/XBT), and additionally, we were the first VPN provider to accept Ripple (XRP). Today, we would like to introduce and announce a new, very accessible and completely anonymous way to … Continue reading “The Gift of Privacy”

2

  • Nov 18, 2013
  • rasengan
  • Bitcoin, Programming, Security,

An Eventful Morning

TL;DR: Our Vanilla Forum installation was hacked, but our VPN system was completely unaffected.  Forum users should change their passwords if they are used on other sites. Today, on November 18, 2013, on or about 5AM, we discovered a message posted across the top of our offsite forums propositioning visitors to send Bitcoin to an address to receive 10x the Bitcoins in return.  Luckily, visitors of … Continue reading “An Eventful Morning”

11

Attempts To Eliminate Cash Are More Than A Privacy Disaster

Throughout the western world, politicians appear keen on eliminating cash as a concept. There are many reasons on the surface – preventing armored car robberies, combating organized crime, making money laundering difficult, et cetera. However, this is a typical elite ivory tower project that will neither work in practice nor escape a lot of negative … Continue reading “Attempts To Eliminate Cash Are More Than A Privacy Disaster”

4

  • Jun 14, 2013
  • rasengan
  • Bitcoin, News, Privacy,

PRISM

We understand that there have been a number of questions discussed regarding the recent disclosure of the NSA’s PRISM program. A number of our customers have expressed concern about whether Private Internet Access is or has ever participated in the program.   First, let us make it clear that our company, nor anyone in our company has … Continue reading “PRISM”

0

  • Feb 21, 2013
  • coderrr
  • Bitcoin, News, Privacy, Programming, Security,

VPN Accepts Ripple, the First True Bitcoin Competitor

tl;dr Ripple (XRP) is a new decentralized Bitcoin-like currency that doesn’t require a blockchain or mining. The Ripple network also supports sending and trading between any currency enabling true decentralized BTC exchanges. Ripple and Bitcoin can work together to expand each other’s reach. We are the first VPN to accept Ripple. As Bitcoin approaches the … Continue reading “VPN Accepts Ripple, the First True Bitcoin Competitor”

31

  • Nov 26, 2012
  • rasengan
  • Bitcoin, Privacy, Security,

Even a VPN Service Can’t Protect Your Privacy if You’re using Bank of America

“I can assure you that they would not be able to do that with the Bank of America security.” The words of the Bank of America supervisor echoed in our heads as the Bank of America automated phone system revealed our account details over a call we were making via a Caller-ID spoofing website. • … Continue reading “Even a VPN Service Can’t Protect Your Privacy if You’re using Bank of America”

7

  • Sep 26, 2012
  • rasengan
  • Bitcoin, News,

Coinbase, First Crowd Funded Bitcoin Company, Raises Over $600K

SAN FRANCISCO, CA – Brian Armstrong (Previously AirBnB) founded the first YC backed Bitcoin company. Now, he’s reached an even bigger milestone. Coinbase (YC S12) is now officially the first traditionally crowd funded Bitcoin company (we say traditionally because some Bitcoin companies have raised funds in Bitcoin via the GLBSE stock market). This shows that … Continue reading “Coinbase, First Crowd Funded Bitcoin Company, Raises Over $600K”

5

  • Sep 24, 2012
  • rasengan
  • Bitcoin, News, Privacy, Security,

Warning: Bank of America Giving Access to Random Accounts

Today, we received an invoice for one of our expenses. To send the payment, I logged into Bank of America’s website to use their ACH (Automated Clearing House) system.  Once logged in, I was able to click on the ‘Transfers’ button.  Up until this point, everything was fine and I was viewing my own account. … Continue reading “Warning: Bank of America Giving Access to Random Accounts”

17