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The week of October 4th Bitcoin Analysis by Tone Vays.

Let’s face it: the risk of money laundering, which is often cited in statements on cryptocurrencies by numerous central banks across many countries does not affect the average person. The overwhelming majority is not “terrorists” and doesn’t seek to procure illegal drugs nor deal in weapons or human trafficking.

The Rise and Rise of Bitcoin debuted at the Tribeca Film Festical earlier this year to high acclaim. The Documentary is scheduled for its official release Friday October 10th, and pre-orders are already available on iTunes.

Belizean cryptocurrency exchange platform 247exchange.com adds Sofort Banking as one of its payment methods, allowing its customers to make instant purchases of bitcoins from more than 400 banks in 10 different European countries.

Today we look at BitHalo, update Sterlingcoin’s launch, look into Aerocoin’s issues, and Ziftr is making its own cryptocurrency

An Op-Ed by Lucas Overby, Libertarian Candidate for FL District 13

Beam is a brand new bitcoin company looking to shake up the African remittance industry. They are utilizing Bitcoin’s payment system and borderless nature to give Ghanaians cheaper and quicker remittances. When bitcoins are sent to Beam, Beam will immediately turn the bitcoins into Ghana’s fiat currency, the Ghana cedi, and deliver the money to the recipient through one of Ghana’s various mobile money services.

Recently, the Capgemini’s World Payments Report 2014 projected mobile payments to grow 60.8% by 2015.

Russia’s Ministry of Finance has put forward what many were expecting yet also unable to believe: a ban on the use of digital currency, and the implementation of fines as an appropriate deterrent.

The Australian Senate has announced a hearing on virtual currencies scheduled to begin soon, with findings to be announced in March of 2015.

EBay is freeing payment subsidiary PayPal, spinning it off into its own company by 2015. We’re all wondering: could this separation affect Bitcoin?

Don’t read the above headline as a boast, but as a statement of fact.

Bitcoin-owning Europeans now have a new shopping option for fashion items, like a slew of ready-to-wear clothing and cosmetics. European retailer Showroomprive.com is now the largest European retailer to accept Bitcoin payments.

One of the most talked about issues with respect to Bitcoin and other cryptocurrencies is exactly how they are to be legally defined. The Internal Revenue Service has ruled that, for tax purposes, Bitcoin is not to be considered “money”.

DigitalTangible Inc., a site where you can buy and sell Bitcoin and gold, officially expands itself into Asia as it gains a new partner, Melotic.

Digital currency lobby group the Chamber of Digital Commerce receives approval from the Internal Revenue Service as a tax-exempt non-profit organization.

Conflict gives Bitcoin an opportunity, the traditional perspective goes – but in the current world of conflict, it could well be argued that economics are being overlooked, and that Bitcoin’s real spotlight will be illuminated when peace returns and money becomes a talking point once again.

Georgia Tech and BitPay are joining forces to bring Bitcoin payments to the campus. Bitcoin is going to college.

The universe of Bitcoin ATMs (or BTMs, if you prefer) is growing at an increasing rate, and there are some interesting developments to report.

Some interesting news was received from CoinOutlet, a startup company wishing to manufacture and operate AML / KYC cryptocurrency ATMs.

Bitcoin is helping fuel a scientific crowdfunding site with a non-traditional fundraising bent. Indysci, as the company is called, funds open-source scientific projects that anyone can look at, modify, or use. The first project on the agenda, dubbed Project Marilyn, will pour donations into research for an open-source cure for cancer.

Coinapult is one of the largest and most innovative cryptocurrency wallet providers on the market today. The announcement was made this morning in Panama City, Panama.

On September 26, 2014, Ukrainian capital hosted its first Bitcoin event - Bitcoin Conference Kiev. The Hall of Champions in NSC Olimpiyskiy gathered about 170 Bitcoin enthusiasts along with leading Ukrainian and foreign thought leaders.

Reddit is one of the most popular content sharing websites on the internet. It boasts a monthly average of more than five billion views by 115 million unique visitors.

Privacy-centered digital currency Darkcoin (DRK) is now a fully open-source cryptocurrency as it unveils its source code and moves out of the beta stages of development.

Australian exchange CoinJar appears to have been caught out by recent legislation and will require AUD-BTC transactions to include 10% goods and services tax (GST) from October 3.

Inside Bitcoins Las Vegas will be held October 5-7, 2014 in Las Vegas, Nevada.

KnCMiner is entering the cloud mining game, and they are coming with an extremely attractive price point.

Crypto-crowdfunding platform Swarm announced last week it would hold a demo day on Guy Fawkes Day for five decentralized projects, and applicants are already being screened for the event.

Today we got a chance to chat with Aeron Buchanan, a developer who is part of the team working on the Ethereum project.