Senate considers Bitcoin regulations

The Senate Homeland Security and Committees held a joint hearing on virtual currency Bitcoin on Tuesday. Bitcoins are basically digital cash for the Internet, operating through person-to-person exchange, without a bank or central monetary authority to regulate or issue the currency. Bitcoins caught the eye of federal legislators after the FBI raided online black market Silk Road, which used Bitcoins as its currency of choice. The hearing looks at whether digital currencies should be regulated - or if its even possible to regulate them. RT's Ameera David talks to "Boom Bust" host Erin Ade who is on Capitol Hill covering the hearing.

Bitcoin and the Future of Currency

Bitcoin. It's the new black. It's ushering in the new Gold Rush. It's what everyone will be using in the next few years. It's the future of money. But wait, what exactly is Bitcoin? And how is it going to affect the way we buy and sell in the future?

Join us and our panel of experts who will demystify the new form of digital currency that everyone's been talking about and using.

This Panel includes:

Moderator: Kim-Mai Culter, Journalist, Tech Crunch

Brian Armstrong, CEO, Coinbase

Paige Freeman, VP of Sales, Bitpay

Jared Kenna, CEO, Tradehill

Stefan Thomas, CTO for Opencoin and Founder of We Use Coins

Bitcoin value drops after US crackdown

The value of the virtual currency Bitcoin has fallen sharply after the FBI shut down an underground website that used it for trading illegal goods. Bitcoin is difficult to trace, and it's association with criminal transactions has led to questions about its future. Rob Reynolds reports from San Francisco.

BITCOIN ~ FBI shuts down 'Silk Road' black-market website

The FBI has arrested a San Francisco man for his alleged involvement in an underground website which sold illegal drugs, documents and other services. Ross William Ulbricht used the alias Dread Pirate Roberts to run the Silk Road black market website and was charged in New York District Court this week. He is also being accused in being involved in two assassinations plots. RT's Meghan Lopez has more on the allegations.

Bitcoin Revolution in Germany

Now US government will ban Bitcoin and tell the masses that "People who use Bitcoin are terrorist and should be shot on sight !"
 US criminals warns to be used by criminals
 ... can be used for criminal purposes... Well oddly enough the most used currency in the world for criminal purposes is ... TADAA! The US Dollar. Damn ... maybe we should ban that stuff - trillions a year are used in drug deals and tax avoidance scams.




Germany's turning itself into a magnet for Bitcoin lovers. This week, the maverick virtual currency was recognized for legal and tax purposes in the country. RT's Peter Oliver reports.

Bitcoin Report Volume 47 (CFTC FUD)

"First they ignore you, then they ridicule you, then they fight you, then you win."
-- Mahatma Gandhi

Buy stock in The Bitcoin Channel and promote Bitcoins:

Mike Maloney On Bitcoin & Future Of Monetary System

In this video, Mike Maloney explains Bitcoin and what his thoughts are on the concept. Coming soon: An in-depth discussion on Bitcoin with Chris Martenson.

Bitcoin vs. Gold

James Turk and Félix Moreno de la Cova discuss the differences, but also the similarities between Bitcoin and digital gold currencies. James Turk's focus on the "tangible" aspect of physical metal currency. Bitcoin may not be a physical object that you can touch but it is much more tangible than fiat money in that it represents a real thing that has value. A bitcoin wallet consists of key pairs that are real things. They are numbers, information. But information can have real tangible value. Félix states, that the amount of minable bitcoins is limited similar to the amount of gold.