Home Bitcoin Information Center Bitcoin 101 Bitcoin is an entirely digital currency done in a way never before seen.Based on open source code, Bitcoin is decentralized and all transactions are completely peer-to-peer – there are no middlemen such as banks or payment processors.Bitcoin transactions happen in seconds and are extremely cheap – there is a flat fee of about $0.05 to send Bitcoin to … Read More » What is the Bitcoin Center?Bitcoin Center NYC is the only place in the U.S.dedicated to promoting Bitcoin, educating the public, and hosting the local Bitcoin community.In other words, we are THE place for Bitcoin!We have a strong following in the New York Bitcoin community and our events often feature and are attended by prominent figures in the Bitcoin world.But this is not … Read More »CITP faculty member and CS Professor Arvind Narayanan announced today that the first complete draft of the Princeton Bitcoin textbook is now freely available.

Princeton University Press will be publishing the book, and it will be available in hard copy this summer.See more information about the book and the Coursera course on Freedom to Tinker.©2017 The Trustees of Princeton University.Center for Information Technology Policy.CaptionClose Buy photo Rep.Jim Himes speaks to students at the Academy of Information Technology & Engineering for the annual Capitol Hill Challenge hosted by the Securities Industry and Financial Markets Association Foundation on Thursday, March 20, 2014. less Rep.Jim Himes speaks to students at the Academy of Information Technology & Engineering for the annual Capitol Hill Challenge hosted by the Securities Industry and Financial Markets Association Foundation on ... more Buy this photo Buy photo Rep.Jim Himes speaks to students at the Academy of Information Technology & Engineering for the annual Capitol Hill Challenge hosted by the Securities Industry and Financial Markets Association Foundation on ... more Buy this photo Buy photo Ron Balzano, Portfolio Manager and Financial Advisor for Morgan Stanley, left, and Rep.

Jim Himes, right, speak to students at the Academy of Information Technology & Engineering for the annual Capitol Hill Challenge hosted by the Securities Industry and Financial Markets Association Foundation on Thursday, March 20, 2014. less Ron Balzano, Portfolio Manager and Financial Advisor for Morgan Stanley, left, and Rep.Jim Himes, right, speak to students at the Academy of Information Technology & Engineering for the annual Capitol Hill ... more Buy this photo Buy photo Ron Balzano, Portfolio Manager and Financial Advisor for Morgan Stanley, speaks to students at the Academy of Information Technology & Engineering for the annual Capitol Hill Challenge hosted by the Securities Industry and Financial Markets Association Foundation on Thursday, March 20, 2014. less Ron Balzano, Portfolio Manager and Financial Advisor for Morgan Stanley, speaks to students at the Academy of Information Technology & Engineering for the annual Capitol Hill Challenge hosted by the Securities ... more Buy this photo STAMFORD -- U.S.

Jim Himes, D-Conn., a veteran of financial services, fielded questions about Bitcoins, firearms and marijuana Thursday from Academy of Information Technology and Engineering students engaged in a stock market competition."It's been a great conversation," Himes said."Not exactly the one I thought we'd have."Himes along with Morgan Stanley financial adviser Ron Balzano, were invited to talk to the 42 students participating in the Securities Industry and Financial Markets Association Capital Hill Challenge, in which students are tasked with managing a theoretical $100,000 investment.harga bitcoin terbaruHimes and Balzano provided some insight on the core concepts of the markets to start the talk.ethereal energy wikiThey discussed the importance of understanding risk, understanding your needs as an investor and planning for the future.bitcoin linux miner

When they opened the floor for questions, the students probed Himes's positions on a number of hot-button topics as they looked for insight into policy decisions that might affect their investing decisions.Ray Milo, an AITE business and technology teacher who is the adviser for the competition, said he expected more technical questions from the students about capital markets rather than policy.bitcoin huluBut the students looked for the congressman's stance on a variety of topics.bitcoin miner x86Erick Gonzalez, a sophomore, asked whether the congressman thought the minimum wage would be raised.ethereum distributed exchangeThe federal government is debating the idea of raising the national minimum wage to $10.10 per hour from $7.25.Connecticut passed legislation to raise its minimum wage last year, with it going to $9 an hour by 2015.

Dannel P. Malloy is backing legislation to increase the wage to $10.10 by 2017."I am in favor or raising the minimum wage to $10.10," Himes said, saying overall it would help the economy by putting more money into the hands of consumers, which could increase consumer spending.But Himes said, as with most issues, there is an argument to be made on the opposite side, including concerns small business owners won't hire as many people.That's also a concern for major retailers, some of whom pay below this level.Daniel Ruskin, another sophomore in the competition asked Himes for his position on Bitcoin.Bitcoin is a market-based digital currency that some people are taking seriously enough to dump loads of money into.Himes said Bitcoin right now is more like an internet stock during the tech boom, gesturing with his arm up and down.He said it isn't behaving like a currency, which is more stable.That's a big difference, he said."The dollar you have in your pocket today, will be worth a dollar tomorrow," he said.

He also noted the lack of regulation is a concern.But Himes also said the virtual currency does have some advantages over the currency issued by countries.In particular, Himes said a global digital currency would eliminate the transaction fees and the losses one experiences when converting government-backed money.Another reason Himes said he's not sold on Bitcoin is the anonymity, which can make it hard to tell who the holder of the currency is.He asked who might like to have a currency like that and senior Pavel Bure said "drug dealers."Balzano agreed with Himes's position and also wondered how you could get all the countries around the world to agree to a structure that would regulate a single global currency.Gonzalez also asked about the economic impact of the legalization of marijuana by Colorado and Washington."Federally, marijuana is still illegal," Himes told the students.He said that's one of the interesting elements to the marijuana debate.But the federal government has made a decision not to take enforcement action in those states.

The fact that it is both legal and illegal has made it difficult for marijuana distributors to establish bank accounts with the large national banks, he added.On the issue of whether the drug should ultimately be legal, Himes said "I don't see the difference between marijuana and alcohol."He said both present dangers to people using them, but to a different degree than other drugs.He said it is an interesting debate because the congressman feels a lot of the violence in the drug trade is due to the fact that it is illegal."We got a lot of people in jail for dealing marijuana," he said.He polled the students asking how many thought it should be legal and about half the group raised their hands.But when he asked if heroin should be legal, only three raised their hands."Where do you draw the line," he said, is the big question in a debate like this.A student asked if he thought any marijuana manufacturers would issue an initial public offering soon and Himes joked that Morgan Stanley could do the underwriting, before saying, "We're a long way from that."