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Annotation: This article provided the meat and potatoes for what I needed to know about bitcoins. I was able to receive a brief introduction of bitcoins along with the legal and ethical issues involved with them. I also agree with Turpin's conclusion that Bitcoins should be considered in the near future after we figure out how to regulate them.
Elwell, C. K., Murphy, M. M., & Seitzinger, M. V. (2013). Bitcoin: questions, answers, and analysis of legal issues. Congressional Research Service. Retrieved February 3, 2015 from https://www.fas.org/sgp/crs/misc/R43339.pdf
Annotation: This source had an interesting take on how the Federal Government and the IRS currently views the legitimacy of digital currencies. It is interesting to know that they are currently examining the policy issues involved in digital currencies and how they will be handled as a result in the near future.
Guttmann, B. (2014). The Bitcoin Bible Gold Edition: All you need to know about bitcoins and more. BoD_Books on Demand.
Annotation: This book came in handle in order to learn the basics of Bitcoins and digital currencies. Initially I was a little confused and perplexed on how it works and why someone would invest time and money into it. The book gives a simple overview and what Bitcoins are, how and what they be used for, and how they came to be in the first place.
Mathews, N. (2015, January 6). The Bitcoin Marketplace and Regulatory Environment: An Overview. Mondaq Business Briefing. Retrieved February 10, 2015, from http://www.highbeam.com/doc/1G1-396357741.html?
Annotation: This source gives a good overview of the state of Bitcoins at this time. In the article it describes a number of Bitcoin derivatives in effort to replicate its popularity and benefits without being illegal or unethical. In these derivatives one can trade Bitcoins for something as simple and conventional as cash without tax. The New York Department of Financial Service has proposed the regulation of Bitcoins and is said to come to verdict early in 2015.
Bitcoin foundation says currency could be used by legal marijuana industry.. (n.d.) >The Free Library. (2014). Retrieved Feb 22 2015 from http://www.thefreelibrary.com/Bitcoin+foundation+says+currency+could+be+used+by+legal+marijuana...-a0389151900
Annotation: Although it may branch onto a whole other topic that I didn't want to get into, I found the title of this article interesting because it proposes bitcoins may be a handy tool for the legal marijuana industry when the majority of people who use bitcoins in the first place are more often than not used to purchase illegal substances. I find it ironic that certain states are looking into this form of currency in order to avoid clashes with the United States government.
"A girl on a computer" clip art on a syllabus.html page is obtained from Microsoft Office 2010 clip art collection (retrieved on 10/25/2010)
Annotation: Class and project requirement.
"change" clip art on Further Research.html page is obtained from Microsoft Office 2010 clip art collection (retrieved on 4/9/2015)
Annotation: I found the change picture on microsoft word and used it in hopes to convey that these new forms of digital currency can potentionally change the way we spend money in the near future. I figured it would work well as a subtle implication of the new and innovative ways of transacting money.
Video
James M Fontana [James Fontana] (2015, April 1st). Bitcoin Intro Retrieved from https://www.youtube.com/watch?v=romoW01GNyk&feature=youtu.be