Tag Archives: Urge Crackdown

Senators Urge Crackdown on Digital Currency

bitcoin530-300x297

It’s been said that supermodel Gisele Bundchen once demanded to be paid in Euros when the U.S. dollar began sliding. If it’s true, then maybe she was on to something. According to Tom Cheredar at Venture Beat,  the threat of a digital currency like Bitcoin competing with other national currencies could become real. Bitcoin, uses peer-to-peer technology, so there is no paper trail, and no banks involved, making it that much more difficult to track  illegal activity. READ MORE »