20 May '13, 3am

What's Ahead for Bitcoin?

What's Ahead for Bitcoin?

The sense I am getting is that the Bitcoin world is going to end up very heavily regulated. Many of those involved with Bitcoin here at the conference are talking compliance with the government. Even the Winklevoss twins brought this up as something that will be necessary. The libertarian dream of anonymity seems like a distant memory to this crowd. It will be name and social security number in the not too distant future for anyone trying to open a Bitcoin account to buy or sell bitcoins through an exchange. Thus, Bitcoin, if it is not completely closed by government, will be no more than a faster PayPal type system, with a fluctuating value. There's pluses and minuses to a fluctuating value. During a strong price inflationary period, because of its fairly stable supply, Bitcoin could act as a virtual gold---but with the one caveat that, because accounts WILL be registered...

Full article: http://lewrockwell.com/wenzel/wenzel224.html

Tweets

After Government Raid, Jittery Future for Bitcoin

After Government Raid, Jittery Future for Bitcoin

cnbc.com 20 May '13, 4pm

Financial experts said they don't expect the action to throw the bitcoin world into chaos—and if regulation is coming, it ...

Bitcoin regulates itself. Crazy, I know.

lfb.org 20 May '13, 7pm

Try to see the issue from a broader perspective, Jeff. The choice isn’t between Bitcoin with regulation and Bitcoin withou...

What's the future of bitcoin?

businessweek.com 20 May '13, 5pm

Bitcoin is a cyber currency of growing interest to speculators, the media, and—most recently—the U.S. government. Many sto...

The Winklevoss twins are Bitcoin bulls

The Winklevoss twins are Bitcoin bulls

money.cnn.com 18 May '13, 9pm

The Winklevoss brothers gave a keynote talk at Bitcoin 2013, a conference that brought together enthusiasts of the virtual...

The Winklevoss twins are Bitcoin bulls

money.cnn.com 18 May '13, 9pm

The Winklevoss brothers' legal battle with Facebook (FB ) over the social network's messy creation made them rich . They e...

The Winklevoss twins are Bitcoin bulls

money.cnn.com 18 May '13, 9pm

The Winklevoss brothers' legal battle with Facebook (FB ) over the social network's messy creation made them rich . They e...

Bitcoin's rollercoaster ride is not slowing down

pcworld.com 18 May '13, 11pm

More bumps in the road are probably in store for Bitcoin. The virtual currency has seen some massive swings in value over ...

US seizes Bitcoin operator accounts

US seizes Bitcoin operator accounts

phys.org 18 May '13, 5am

Software engineer Mike Caldwell shows the front (R) and back (L) sides of a physical Bitcoin he minted in his shop on Apri...

Black-hat bitcoin’s days are numbered

Black-hat bitcoin’s days are numbered

QZ.com 17 May '13, 3pm

On Tuesday (May 14), the US government seized accounts that Japan-based Mt. Gox, the world’s largest bitcoin exchange, hel...

U.S. authorities seize accounts of major Bitcoin operator

U.S. authorities seize accounts of major Bitcoi...

reuters.com 17 May '13, 4pm

By Brett Wolf Fri May 17, 2013 12:34pm EDT ST. LOUIS, May 17 (Thomson Reuters Accelus) - U.S. authorities have seized two ...

U.S. authorities seize accounts of major Bitcoi...

reuters.com 17 May '13, 4pm

By Brett Wolf Fri May 17, 2013 12:34pm EDT ST. LOUIS, May 17 (Thomson Reuters Accelus) - U.S. authorities have seized two ...

bitcoin

bitcoin

pandodaily.com 15 May '13, 8pm

US authorities launch their first attack on bitcoin By Adam L. Penenberg On May 15, 2013 Yesterday the Department of Homel...

The coming political battle over Bitcoin

washingtonpost.com 15 May '13, 10pm

Email Print Reprints The coming political battle over Bitcoin By Timothy B. Lee, Published: May 15, 2013 at 10:47 am E-mai...

The coming political battle over Bitcoin

washingtonpost.com 15 May '13, 2pm

Email Print Reprints The coming political battle over Bitcoin By Timothy B. Lee, Published: May 15, 2013 at 10:47 am E-mai...

Bitcoin Magazine is now a sponsor of the Bitcoi...

btclondon.com 21 May '13, 11pm

Bitcoin London is a one day invitation-only event aiming to connect bitcoin entrepreneurs, venture investors, and hedge fu...