FDIC Operation “Choke Point” – Could Bitcoin be the Answer?

Operation Choke Point

The U.S. House of Representatives committee on oversight and government reform released a staff report on the Federal Deposit Insurance Corporation’s (FDIC) involvement in the “Operation Choke Point” on December 8th, 2014. This report details how the FDIC is bullying payment processors and banks to stop working with many legitimate services that the FDIC doesn’t […]

How Bitcoin is Similar to Early Public Opinion of Computers and the Internet

letterman and gates - Bitcoin similar to computer and internet

The following is a quick rundown of an interview performed by David Letterman of Bill Gates during 1995 on the topic of computers and how it is similar to the disruptive technology of Bitcoin. Near the beginning of the interview Letterman asked Bill Gates what his vision was in regards to computers and Gates responded, […]

Reserve Bank of India Gov. Rajan Pro-Bitcoin

indian reserve bank pro-bitcoin

On 12/27/14 Governor Raghuram Rajan of the Reserve Bank of India had a pro-bitcoin stance during an audience question in regards to the future of cryptocurrencies such as Bitcoin in India. During the interview Rajan stated, “I have no doubt that some time in the future we will have a cashless society, and currencies like […]