Aug 12, 2014

U.S. agency warns consumers about bitcoin risks

Federal regulators are warning consumers about the risks of using virtual currencies such as bitcoin. The Consumer Financial Protection Bureau said Monday that it will begin fielding complaints from people who rely on products such as bitcoin and online exchanges for such currencies. In ...

Bitcoin bandits do in bank in Canada

Mar 5, 2014

Bitcoin bandits do in bank in Canada

A Canada-based bank specializing in bitcoins said it has closed after computer hackers stole its digital currency. The closure of the Flexcoin bank comes only a week after the collapse of Mt. Gox, a major bitcoin exchange. The Japan-based Mt. Gox also linked its ...

Dec 3, 2013

Bitcoins need to be better than real currency

by Stephen L. Carter

Bitcoins appeal to people's libertarian side, because they challenge the control of money by governments that too often see inflation and deflation as instruments of policy. This virtual currency suggests the possibility of a future in which networks of individuals can make transactions for ...