10 Jul '13, 8pm

Bitcoin sells out as big business moves in

Topics discussed included cheap and fast global money transfers and even a Bitcoin ATM, with little mention of the drug trade and other illicit sales hitherto associated with Bitcoin on sites like Silk Road . "Most businesses in the Bitcoin world want to comply," says Daniel Friedberg, an attorney with Seattle-based firm Graham & Dunn . Friedberg is helping companies get involved in the currency, though he thinks it won't lose its early reputation. "Bitcoin is never going to be PayPal, and that's going to bother some established industries and create some risks for governments," he says.

Full article: http://www.newscientist.com/article/mg21929256.100-bitcoi...

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