May 14, 2014

bitcoin's still too small to matter

Filed under: Uncategorized — @ 12:00 a.m.
bitcoin's still too small to matter

Bitcoin's market cap is somewhere south of six billion USD, whereas:

Federal prosecutors on Friday brought criminal charges against TelexFree LLC co-owners James Merrill and Carlos Wanzeler, whose company federal securities regulators have accused of operating a $1 billion pyramid scheme that targeted immigrants. - Tom Corrigan

U.S. Advances Offensive on Use of Swiss Insurance to Hide Assets - WSJ

Bitcoin is small and the USG is still grasping at larger straws. By the time Bitcoin's large enough to be a tempting target, the US will have other problems.

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