Allen said. And when he listened to them
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the Bitcoin advocates' charm offensive actually changed the minds of
beginning a conversation that culminated in
Raman said. But ""there are many legitimate uses.
the vast majority of those transactions are using some other
compared to an estimated $1.6 trillion in ""global
Calvery said. She pointed out that the Bitcoin network has processed only about
two virtual currencies that the government alleged had become vast money-
which (along with the Justice Department) was involved in shutting down e-Gold
which enforces the nation's laws against money laundering.
because government officials repeated many of
where U.S. regulators might not be able to
the committee sent a series of letters to federal agencies seeking their views on Bitcoin and
a well-known security expert who conducted
committee staff interviewed around 50 experts in industry
when the value of one bitcoin spiked to $266
which is chaired by Sen. Tom Carper (D-Del.)
where it would be much harder to police for illicit uses.
though many of the meetings would be held behind closed
a visibly angry Murck shot back. ""If there was one