Replies

Read the whole thing at the link.

Bitcoin From Wikipedia, the free encyclopedia Bitcoin A common logo from the Bitcoin reference client Date of introduction 3 January 2009 User(s) International Money Supply 25 bitcoins per block (approximately every ten minutes).[1] Source Number of bitcoins in circulation Subunit 10−8 Satoshi[2] Symbol BTC, XBT,[3] , ฿[4][note 1] This article contains special characters. Without proper rendering support, you may see question marks, boxes, or other symbols. Bitcoin is a peer-to-peer payment system and digital currency introduced as open source software in 2009 by pseudonymous developer Satoshi Nakamoto. It is a cryptocurrency, so-called because it uses cryptography to control the creation and transfer of money.[5] Users send payments by broadcasting digitally signed messages to the network. Participants known as miners verify and timestamp transactions into a shared public database called the block chain, for which they are rewarded with transaction fees and newly minted bitcoins.[6] Conventionally "Bitcoin" capitalized refers to the technology and network whereas "bitcoins" lowercase refers to the currency itself.[7] Bitcoins can be obtained by mining or in exchange for products, services, or other currencies.[8] Bitcoin has been a subject of scrutiny due to ties with illicit activity. In 2013 the FBI shut down the Silk Road online black market and seized 144,000 bitcoins worth US$28.5 million at the time.[9] The United States, however, is currently considered to be Bitcoin friendly compared to other governments.[10] In China, new rules restricted bitcoin exchange for local currency,[11] and the European Banking Authority has warned that Bitcoin lacks consumer protections.[12] Bitcoins can be stolen, and chargebacks are impossible.[13] Commercial use of Bitcoin, illicit or otherwise, is currently small compared to its use by speculators, which has fueled price volatility.[14] Bitcoin as a form of payment for products and services has seen growth, however, and merchants have an incentive to accept the currency because transaction fees are lower than the 2–3% typically imposed by credit card processors.[15]

This isn’t just computer hacking. This young man tried to order murder for hire in several cases.

Too bad the FBI won’t investigate Obama in such a thorough fashion.

...How did the F.B.I. connect Dread Pirate Roberts to Ross Ulbricht? That is still a mystery...

Any bets that this road runs directly through NSA?