[2014-07-09] Michigan becomes latest state to issue bitcoin consumer advisory -

[epere]

http://www.pfhub.com/michigan-becomes-latest-state-to-issue-bitcoin-consumer-advisory-915/

The consumer alert was similar to all of the others preceding: it noted how virtual currencies are not issued or backed by any form of government in the United States, it is unregulated and uninsured – though bitcoin companies are starting to enter the insurance industry – and no merchant, business or retailer is required to accept bitcoins instead of dollars. - See more at: http://www.pfhub.com/michigan-becomes-latest-state-to-issue-bitcoin-consumer-advisory-915/#sthash.PWDqFvmF.dpuf