06.02.2014 - Bitcoin is far more than a currency for speculators
Bitcoin is being forced to grow up fast. The arrest last week on money laundering charges of Charlie Shrem, a leading Bitcoin champion,?coincided with a regulatory hearing in New York to consider what on earth it is a virtual currency, speculative asset or a means of exchange? The best answer is the last, although most excitement has been generated by its wild swings in value and the libertarian promise of a cryptographic currency replacing fiat currencies such as the dollar or the euro. In the end, the old laws affect everyone, including Mr Shrem, who has resigned as vice-chairman of the Bitcoin Foundation...............................................Full Article: Source
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