Thursday, December 12, 2013

Feds shut down mint that turned Internet-based bitcoins into physical currency

Via Bill 

The federal government has shut down the nation's premiere bitcoin mint, creating a roadblock for those who are trying to bring the online currency into the physical world.

Agents from the U.S. Department of the Treasury shuttered the Sandy, Utah, business of Mike Caldwell, who had minted about $82 million worth of bitcoins, taking a share of their value as payment, Wired magazine reports on its website.

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  1. Leviathan does not like competition, especially for their worthless scrip "money." Remember the Liberty Dollar?

    1. Our government sure comes up with some astounding ideas. :)