03 Oct '12, 3pm

Bitcoin Foundation hopes to revive reputation of online currency via @guardian

It was an idea that first emerged at the end of the heyday of cyber-utopianism: Bitcoin , the virtual and universal currency that could be exchanged for goods and services online, the brainchild of a mysterious pseudonymous cryptographer. Since its formal launch in 2009, Bitcoin has been adopted by a variety of organisations, including WikiLeaks, the Electronic Frontier Freedom Foundation (albeit briefly) and a number of online traders. But others, too, saw its unique advantages – including criminals who have allegedly used it for money-laundering. More recently a Bitcoin savings and loan bank came under investigation for being a fraudulent Ponzi scheme. Now, following these controversies, some of its leading supporters have launched a foundation designed to rehabilitate the reputation of the fledging online "currency". The Bitcoin Foundation is modelled on the Linux Found...

Full article: http://www.guardian.co.uk/technology/2012/oct/03/bitcoin-...

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Bitcoin Foundation hopes to revive reputation o...

guardian.co.uk 03 Oct '12, 2pm

It was an idea that first emerged at the end of the heyday of cyber-utopianism: Bitcoin , the virtual and universal curren...

Bitcoin Foundation hopes to revive reputation o...

guardian.co.uk 03 Oct '12, 2pm

It was an idea that first emerged at the end of the heyday of cyber-utopianism: Bitcoin , the virtual and universal curren...

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