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Circle Internet Financial has launched with $9M of Series A funding to increase mainstream adoption of digital currencies like Bitcoin by providing a payment platform for consumers and merchants. Investors include Jim Breyer,Accel Partners and General Catalyst Partners. All three inves…tal currency startup. Other Bitcoin-based companies that have recently landed significant investment include Coinbase,which raised a $5 million Series A led by Union Square Ventures,and BitPay,which has received about $2.5 million to date from Founders Fund and various angel investors.

All it takes is $50 grand in water-cooled PC hardware. By Leah Yamshon , TechHive | IT Management, Bitcoin, ecommerce July 10, 2013, 1:11 PM — Image credit: TechHive For all the attention that Bitcoin receives in the news, the most interesting peculiarity of this crypto-currency has la…mining for a piece of the digital pie. However, mining for profit is more difficult than just loading up some software and watching the cash flow in. As Eric's experience vividly shows us, Bitcoin mining requires a considerable investment (and intestinal fortitude) just to get started.

Well, it seems that Freebanking.org may be having its own little Bitcoin bubble, what with all the recent posting on the topic by Brad, Kurt, and myself. Still I can't help adding one more, having planned to do so since my last post on the topic, and having as well a selfish motive in … of them would in fact supply the basis for a "better" cybercurrency is one that would then be worth taking up. As food for thought to those pondering the challenge, here are a few of the very interesting suggestions I received concerning it in the comments to my original Bitcoin post:

Currently, the safest, fastest and easiest way to purchase Bitcoins is by using coinmama.com Western Union & MoneyGram accepted. This is a breif overview of how to buy Bitcoins using PayPal® credit. Most major Bitcoin exchanges do not allow funding through Paypal. I'm yet to find anywh…es. Buying Bitcoins from individuals using PayPal® is still possible, but requires mutual trust. We encourage Bitcoin sellers to limit PayPal transactions to trusted bcchanger.com buyers only, sellers should be aware of the buyer's feedback scores before accepting PayPal® transactions.