24 Jun 2013

Trouble with Bitcoin as the government muscles in

Author: GegejAdamsz | Filed under: About

Is the honeymoon over for Bitcoin, the little alternative currency that could? Recent events have some beginning to doubt whether Bitcoin is viable over the long term—and whether it will ultimately be able to live up to its promises of privacy and security. The biggest news arrived yesterday when the Bitcoin Foundation, a Seattle nonprofit organization founded primarily to promote the virtual coins, said it had received a cease and desist order from the State of California’s Department of Financial Institutions.

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Trouble with Bitcoin as the government muscles in

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