Do US citizens have to declare their income and their holdings to the tax authorities ? No one actually holds bitcoin, merely a key which allows signing of transactions, would this key have to be declared ?

No currency will overtakes bitcoin,  facebook's servers don't enter into their equation, but their customer base surely does.

Legally speaking, can I run one of these in the US?

Tipping in a Sushi place feels weird, it would be like eating with your left hand in an burger restaurant. You guys who have travelled know what I mean!

In the Future , yes you can make more money with Bitcoin investments, but the fundamental must remains intact.

http://in.reuters.com/article/2014/05/16/us-bitcoin-foundation-resignations-idINKBN0DW05T20140516

At least 10 members of the nonprofit Bitcoin Foundation have resigned over last week’s election of onetime Disney child star and current Bitcoin entrepreneur and financier Brock Pierce as a new director, officials at the group said.

You know bitcoins had always been viable as a payment system for  Seller and buyer.

Asia’s richest man Li Ka-shing in love with bitcoins.

Yes , China has some regulation in place, a legal framework and that doesn't go completely against Bitcoin.

I think DarkWallet connect directly to the existing bitcoin network without going through an intermediary but obelisk servers are still a choke point

Thank you stingleword so much for the verification , validation and updates.

Banning transfers from bank accounts to accounts managed by third-party companies leads to offshore banking.

A clueless beginner do this rather than a seasoned Bitcoin user means it is actually useful information.

Are Chinese people able to receive payments to their chinese bank accounts from the exchange where Chinese people converted their bitcoins to fiat? That is my question.

I have interpreted that as China making sure that Bitcoin doesn't threaten its currency.

It's so funny, warning don't watch this video in public.

use mycelium to acquire bitcoin address while in the main view, click the Options button and select Add Address Book, and click the + button.

we need more developers to integrate BitID like Mintpal, Cryptsy, and other exchanges.

I'm frankly a bit surprised that you're actively mining today. The difficulty is set to rise >30% in a few hours.

Physical bank should now allow customers to cash in Bitcoins for actual cash money in hand at physical bank and allows you to earn interest in the form of Bitcoins and when bank lend bitcoins.