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Count me in
Current post is 301.
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http://www.wired.com/wiredenterprise/2013/09/ebay_bitcoins/A licensed money transmitter who gets into the business of doing this is going to have a tremendous leg up on someone who is not a money transmitter because they have an accepted regulatory structure in place,” says Carol Van Cleef, a banking regulations expert and partner and with the Patton Boggs law firm in Washington, D.C.
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http://www.techspot.com/news/53925-weekend-tech-reading-the-man-behind-bitcoin.htmlpeer to peer: an oral history of Napster Like the birth of most great music movements -- Elvis on Ed Sullivan, Patti Smith at CBGB -- Napster was rebellious of convention, threatening to established norms, and, well, really loud. The tiny startup from Hull, Mass. launched in early-1999, grabbing the world's attention almost immediately. At its core was a clever-if-crude piece of software -- so-called peer-to-peer technology -- that allowed computers to easily send each other files over a network. It would transform the Internet into a maelstrom, definitively proving the web's power to create and obliterate value. Forbes
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http://gigaom.com/2013/09/07/bitcoin-isnt-ready-for-prime-time-as-a-world-wide-remittance-replacement/One of the key advantages of Bitcoin as a payments mechanism is that it is free. This is one of the reasons that international remittance is often brought up as a potential key early adopter use case for Bitcoin. According to the World Bank’s research, the worldwide average cost of remittance is about 8.85 percent of the $514 billion sent each year. Taking that price to zero, or close to zero, is a big savings for immigrants sending money home, and one of the opportunities that many have identified as an opportunity for Bitcoin startups.
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http://www.bloomberg.com/news/2013-09-05/bitcoin-and-politics-what-could-go-wrong-.htmlBitcoin, the alternative sort-of currency whose most ardent fans congregate in that part of the Venn diagram where "tech" and "libertarian" overlap, has always had a political flip-side. Its appeal is rooted in distrust -- of dollars, governments, banks, the Federal Reserve and surely other institutions besides. So it's not surprising that the Federal Election Commission has received a request from a political action committee called the Conservative Action Fund, which seeks an advisory opinion on accepting contributions in bitcoins. The PAC spent more than $300,000 in behalf of Republicans in the 2012 election cycle and is looking to go deep on Bitcoin in 2014.
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http://www.businessweek.com/articles/2013-08-27/bitcoin-may-not-be-so-anonymous-after-allBitcoin is many things to many people. To some anarchists, criminals, and their antagonists in law enforcement, it’s primarily seen as a way to conduct financial transactions in private. To others, it’s also a volatile commodity for brave-hearted speculators and an increasingly efficient method to send money back and forth. The Bitcoin Foundation, which went on Monday to meet with regulators in Washington, would like to focus on the last point. The regulators care about how they can smoke out criminals.
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http://online.wsj.com/article/SB10001424127887324906304579035192895707228.htmlRepresentatives of companies that trade in Bitcoin are stepping up their efforts to promote the virtual currency in Washington, in an attempt to counter regulatory suspicion that they say will drive financial innovation away from the US. Leaders of the Bitcoin Foundation, a trade group, are having meetings with US administration officials and on Capitol Hill this week, as the powerful Homeland Security Committee runs an investigation into potential threats from virtual currencies.
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refcoin.com Expiry Date ?
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http://www.slashgear.com/bitcoin-draws-government-scrutiny-homeland-security-urged-to-crackdown-15293952/Bitcoin, the virtual currency, has seen a few big moments in the last few weeks, not the least of which was a federal judge ruling that it is a currency and is subject to regulation. For all its upsides, there is a big downside, too – illicit use prompted by the privacy offered by the currency. As popularity grows, the government is becoming increasingly more agitated concerning it, and now the Department of Homeland Security has been asked how it will address the issues.
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