01 Apr '13, 3pm

Barons of Bitcoin: the Tokyo-based powerhouse that controls the world's virtual money

"Lots of people in the Bitcoin community chafe at what they think are silly, designed-fifty-years-ago government regulations that tell you what you may or may not do with your money," said Gavin Andresen, the lead developer on the open source Bitcoin Project that powers the currency. "I think it is almost always counter-productive for politicians to try to control what citizens do with their money. [But] when we're talking about government-issued-and-controlled money, they get to make the rules, and businesses like Mt. Gox are obliged to follow those rules."

Full article: http://www.theverge.com/2013/4/1/4154500/mt-gox-barons-of...

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