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Monday, December 15, 2014

“BITDOLLAR”: THE UNITED STATES AND THE DIGITAL FUTURE OF MONEY

By  Evander Smart

bitdollarBitcoin is not going away, and if anything it is growing into the mainstream at a consistent pace. 

Many American corporations, some of the largest corporations in the world, have spent 2014 endorsing Bitcoin, in spite of the drop in value. 

2014 has seen nothing but price declines, but greater market acceptance in exchange. And it has even gotten the attention of the world’s largest and most influential government, the United States, to respond to it in earnest. Taxation,regulation, and condemnation have all had their moment in the sun from America’s governance. 

The U.S. seems both confused and intrigued by Bitcoin’s unique abilities. What is the right way forward when it comes to Bitcoin?

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