Friday, June 10, 2011

Government not Happy with Competing Virtual Currency Bitcoin

A few days ago I posted about Bitcoin, the virtual currency, and wondered if it might catch on in an age of fiat currency instability and inflation.

And...just like that....Bitcoin has attracted the displeased attention of the government.

The government is concerned about Bitcoin being used by drug dealers. Whether or not that is only reason, I will leave for you to decide.

Interesting times.

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