Feds approve bitcoins for campaign contributions

[TampaAnimusVortex]

Now it's a sure bet that Bitcoin is here to stay - and proof that this place doesn't have to be a hermetically sealed echo chamber on the topic, where everyone marches in lock step.

http://www.usatoday.com/story/news/politics/2014/05/08/fec-approves-donations-in-bitcoin/8857603/

Rep. Jared Polis, a liberal Democrat from Colorado and a bitcoin backer, immediately announced his campaign would begin accepting the digital money. He praised the FEC for its "forward-looking stance" to recognize "the rights of individuals seeking alternatives to government-backed currencies to participate in our democratic political process."

[Erich Bloodaxe BSN]

1. Yay! Because we needed even more ways to get

anonymous money into politics!

[TampaAnimusVortex]

2. Technically its not truly anonymous per se... but what's coming soon will be.

http://www.wired.com/2014/05/bitcoin-anonymous-projects/

Zerocoin is working to with Zerocash for real anonymous transactions that cant be traced.

[Tierra_y_Libertad]

3. Apparently, Jared Polis, is a "liberal Democrat"(?) who wants to keep money in politics.

[GeorgeGist]

4. And I thought Bitcoins were only good for buying drugs and thugs.

[TampaAnimusVortex]

5. I just went bought a cup of coffee and a bagle in St Pete last night with Bitcoins.

Was walking down a section of town near the stadium and a little coffee shop had a sign in the window that they excepted Bitcoins, so I just went in and ordered.

They said that since they started accepted them a month or so ago, they had a surge in business from local people who use Bitcoins - so I guess those first adopters are going to get the market advantage after all (much like overstock.com and Tiger Direct).