The more I think about the Bitcoin phenomenon, the more intrigued I am. The creators of the Bitcoin have established a new, virtual currency that’s internationally accepted. Additionally, we now have legitimate and seasoned technology investors who are investing in Bitcoin startups. This fact alone makes me take the idea of a virtual currency more seriously. One of the things that give me pause, however, is the reality that the field of virtual currencies is still in its adolescence.
"In early May of this year, U.S. authorities seized the assets of the largest Bitcoin exchange"
U.S. authorities seized Dwolla assets - which is one of many payment processors for Mt-Gox, they did not seize assets from mt-gox.
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Think Twice Before Investing in Bitcoins
Posted by: Theodore F. di Stefano June 20, 2013 05:00 AMThe more I think about the Bitcoin phenomenon, the more intrigued I am. The creators of the Bitcoin have established a new, virtual currency that’s internationally accepted. Additionally, we now have legitimate and seasoned technology investors who are investing in Bitcoin startups. This fact alone makes me take the idea of a virtual currency more seriously. One of the things that give me pause, however, is the reality that the field of virtual currencies is still in its adolescence.
U.S. authorities seized Dwolla assets - which is one of many payment processors for Mt-Gox, they did not seize assets from mt-gox.