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    USA financial system starts serious Bitcoin fightback?

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    • wrapper
      wrapper Moderators last edited by

      A US financial regulator warned consumers Tuesday that using the online currency Bitcoin is fraught with risks including theft by hacking and fraud. Completely unlike FIAT currency, which is completely safe and has never been subject to hacking or fraud (sarcasm)…

      Read more at: http://phys.org/news/2014-03-consumers-bitcoin.html#jCp

      Whois FINRA - http://www.finra.org/AboutFINRA/

      FINRA says …

      In 2013, through our aggressive vigilance, we brought 1,535 disciplinary actions against registered brokers and firms. We levied more than $65 million in fines.

      “And we ordered more than $9.5 million in restitution to harmed investors. We also referred 660 fraud and insider trading cases to the SEC and other agencies for litigation and/or prosecution.”

      So much for safe FIAT…

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