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Garzik stopped by to talk about how his currency is being used on Silk Road, the online black market for any drug imaginable, and how he is working with the government to turn Bitcoin into a universal online currency.
Read more: http://www.cbsnews.com/8301-504943_162-20069780-10391715.html#ixzz1OdInIgxX
Read more: http://www.cbsnews.com/8301-504943_162-20069780-10391715.html#ixzz1OdInIgxX
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Garzik says that they have cooperated with authorities in conjunction with Silk Road and are currently working to distance themselves from the illegal site. Similarly the site is working to make their service entirely legal and in conjunction with government standards.
Read more: http://www.cbsnews.com/8301-504943_162-20069780-10391715.html#ixzz1OdInIgxX
Read more: http://www.cbsnews.com/8301-504943_162-20069780-10391715.html#ixzz1OdInIgxX
WTF, Jeff?
You're upset about this? This is great for the future of bitcoin. Being associated with illegal drug trade in the media is bad news, and it will be much much much worse if it gets associated with something like child pornography.
Getting the exchanges regulated and open ensures stability of exchange and increases confidence in the currency.
I'll repeat that Jeff did an incredible job with the interview and I hope he continues to do even bigger shows in the coming weeks.
He did a terrible job if they think that bitcoin is from a company.
I don't think he gave that impression at all. He was clear that it was open source and controlled by the users, secured by computing power. He was introduced as a "bitcoin developer"
