Bitcoin developer Gavin Andresenm says government consumer protection legislation could be useful

A lot of libertarians and technology enthusiasts upset over the government have turned to Bitcoin (BTC) over the past couple of years. The virtual currency was seen as a way to use money without the Federal Reserve and other central banks and financial institutions. Essentially, it … [Read more...]

Silk Road Bitcoins Will be Sold Through US Marshal Auction Not on Open Exchange

According to Forbes and verified by checking Justice.gov one of the largest bitcoin (BTC) wallets which is held by the Feds will be sold. Nearly 30.000 bitcoins were seized last October when the online drug exchange Silk Road was taken down. Speculation about what would happens to … [Read more...]