The Department of Justice announced Monday that it's arrested Charlie Shrem, CEO of the Bitcoin payment processor BitInstant and vice chairman of the Bitcoin Foundation, as well as Robert Faiella, an alleged underground Bitcoin exchanger, and accuses He was one of the subjects featured in a Businesweek piece on Bitcoin millionaires, and served as a … Read more
Bitcoin's ongoing quest for legitimacy suffered a setback this week when the federal government arrested one of the currency's chief advocates — right before New York regulators hear testimony about the currency. Bitcoin's ongoing quest for legitimacy suffered a setback this week when the federal government arrested one of the currency's chief advocates — right … Read more
Past the basics, all money is make-believe. We turn paper dollars into grilled steaks when both trust the United States government. That makes Bitcoin the latest sign that its tech elite believers want something beyond the old He was one of the subjects featured in a Businesweek piece on Bitcoin millionaires, and served as a … Read more