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LISTEN: Why the U.S. will declare war on Bitcoin

LISTEN: Why the U.S. will declare war on Bitcoin

PBS News Hour clip: The currency known as Bitcoin, which made headlines earlier this week when the FBI seized Silk Road, the popular online black marketplace for drugs and other contraband, payable by Bitcoin had done over a billion dollars worth of business in just the last two years.

Kurt Wallace for RareBitcoin has made headlines on PBS News Hour, sparked by an online Bitcoin drug trafficking site. Mainstream companies are popping up all over the place, big time investors are getting involved in this emerging sector and there are crypto-currency conferences monthly and sometimes weekly all over the world. Even Canada has introduced their own government-backed digital currency called mint-chip. What is the future here in the United States regarding Bitcoin and digital currency? Here to help us out is registered patent attorney Stephan Kinsella, founder of Libertarian Papers and former adjunct professor at the South Texas College of Law. Good to have you on Stephan, thank you for joining us today.


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This entry was posted on October 9, 2013 by .

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