28 Feb '14, 2pm

Friday Poll: Should Bitcoin be banned?: A senator calls for a US ban on Bitcoin, calling the currency "disrupt...

It's been a strange couple weeks in the realm of Bitcoin, the cryptocurrency that defies government regulation. The first US Bitcoin ATMs went into service, popular exchange Mt. Gox seized up , and Joe Manchin, a Democratic senator representing West Virginia, called for a US ban on Bitcoin . In a letter sent to the Treasury Department and other federal regulators, the senator characterized Bitcoin as "highly unstable and disruptive to our economy." He calls for a complete ban in the US. The letter is more about drawing attention to Manchin's view of the issue, rather than anything that will result in regulatory action. The recent incident with Mt. Gox has brought up questions about the safety and reliability of Bitcoin, but it's far from a knife in the heart of the cryptocurrency. It does have a famously fluctuating value. CNET's Crave writers have lost a little money on B...

Full article: http://news.cnet.com/8301-17938_105-57619676-1/friday-pol...

Tweets

SENATOR CALLS FOR BITCOIN BAN by @rjwile

businessinsider.com 26 Feb '14, 7pm

Our foreign counterparts have already understood the wide range of problems even with Bitcoin’s legitimate uses - from its...

Senator Wants to Ban Bitcoin for Being 'Disrupt...

mashable.com 26 Feb '14, 9pm

Dear Secretary Lew, Chairwoman Yellen, Commissioner Curry, Acting Chairman Wetjen, Chairman Gruenberg, Chairwoman White: I...

@jakeadelstein

@jakeadelstein

thedailybeast.com 28 Feb '14, 3am

Bitcoin, the virtual currency that has been racing toward acceptance as a genuine currency, had a colossal setback this pa...

Democratic senator demands complete U.S. ban on...

news.cnet.com 26 Feb '14, 8pm

Dear Secretary Lew, Chairwoman Yellen, Commissioner Curry, Acting Chairman Wetjen, Chairman Gruenberg, Chairwoman White: I...

Too Big To Fail? Crypto-Community Calls For Mt....

forbes.com 27 Feb '14, 7pm

The collapse of Bitcoin exchange Mt. Gox is already being described as Bitcoin’s “Lehman Brothers moment”, with the phrase...

Tokyo bitcoin exchange files for bankruptcy

Tokyo bitcoin exchange files for bankruptcy

news.yahoo.com 28 Feb '14, 10am

TOKYO (AP) — The Mt. Gox bitcoin exchange in Tokyo filed for bankruptcy protection Friday and its chief executive said 850...

Mt. Gox Bitcoin exchange files for bankruptcy

Mt. Gox Bitcoin exchange files for bankruptcy

usatoday.com 28 Feb '14, 10am

Bitcoin trader Kolin Burges stands in protest outside an office building housing Mt. Gox in Tokyo. (Photo: Shizuo Kambayas...

Janet Yellen: Federal Reserve has no authority to regulate Bitcoin

Janet Yellen: Federal Reserve has no authority ...

theguardian.com 27 Feb '14, 6pm

The Federal Reserve has no authority to supervise or regulate Bitcoin , chair Janet Yellen told Congress on Thursday. Test...

Tokyo Bitcoin Exchange Files for Bankruptcy: To...

abcnews.go.com 28 Feb '14, 10am

The Mt. Gox bitcoin exchange in Tokyo filed for bankruptcy protection Friday and its chief executive said 850,000 bitcoins...

Bitcoin ATMs Open In Singapore, Hong Kong

blogs.wsj.com 28 Feb '14, 1pm

By Newley Purnell and Lorraine Luk Bitcoin machines began operating in Singapore and Hong Kong even as the once-dominant M...

Vietnam’s central bank rules that Bitcoin isn’t...

thenextweb.com 28 Feb '14, 7am

Vietnam has become the latest government to rule that Bitcoin is not a legal currency and therefore isn’t lawfully recogni...

Vietnam’s central bank rules that Bitcoin isn’t...

thenextweb.com 28 Feb '14, 7am

Vietnam has become the latest government to rule that Bitcoin is not a legal currency and therefore isn’t lawfully recogni...

Bitcoin

techcrunch.com 28 Feb '14, 6pm

Editor’s note: Brian Armstrong is the co-founder and CEO of Coinbase, a leading consumer, merchant, and developer platform...

New Fed Chair: We Don't Have Authority on Bitcoin

New Fed Chair: We Don't Have Authority on Bitcoin

mashable.com 27 Feb '14, 5pm

The new Federal Reserve chairwoman Janet Yellen believes her organization has no authority to regulate Bitcoin , Yellen sa...

Share in Friday's Open Thread

hackerspace.lifehacker.com 28 Feb '14, 4pm

Welcome one and all the Friday open thread, where you can chat about projects, talk about cool new things, discuss how to ...