17 Feb '14, 12pm

Bitcoin bubble could burst as investors rush to withdraw cash

FinCEN and other regulatory agencies have already begun working closely with investors and financial service providers in the Bitcoin space to offer agreeable regulations that protect consumers, discourage lawbreaking, and still foster growth and innovation in a completely new financial realm such as this one. Last week Regulatory officials in NY held hearings to determine how they could *HELP* encourage Bitcoin innovation and draw it *TO* new york, by creating something called a "BitLicense" ( http://bit.ly/1grBezn ). I don't fault you and others here for being unaware of all this. Its the journalists fault. All they do is write sensationalist bullsh*t articles about Bitcoin market price falling apart, or going gangbusters, week after week. Meanwhile the first innovation in the financial services industry in 50 years is sprouting all around the world. Venture Capital firm...

Full article: http://www.zdnet.com/bitcoin-bubble-could-burst-as-invest...

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