Author Archives: Robert Lefebvre

Exchanges Are Risky, But Compared To What?

The Mt. Gox collapse is still in the news and probably rightfully so. It is now in the front page news more than the Enron collapse ($62 Billion). And it is grabbing headlines like the Bear Sterns collapse did in … Continue reading

Posted in Uncategorized | Comments Off on Exchanges Are Risky, But Compared To What?

Bitcoin And Tax Havens

The Commission de Surveillance du Secteur Financier (CSSF), the government body responsible for financial regulation in Luxembourg,on 14 February, issued a release detailing its treatment of digital currencies as well as its expectations for bitcoin businesses. …the communique included familiar … Continue reading

Posted in Bitcoin and Government | Comments Off on Bitcoin And Tax Havens

Mt Gox Faux Bitcoin?

I read a lot of reports with some really, really high numbers of “Bitcoin” that Mt Gox either lost or had stolen but who can say whether they even existed? When a customer sent a money wire into Mt Gox … Continue reading

Posted in Uncategorized | Comments Off on Mt Gox Faux Bitcoin?

Bitcoin Regulation: East vs. West

I found two recent articles on Coindesk that, when taken together, might point to a major battle between the East and the West when it comes to Bitcoin regulation. And no, I am not talking about China! In this Coindesk … Continue reading

Posted in Bitcoin and Government, Bitcoin Businesses, Bitcoin Philosophy | Comments Off on Bitcoin Regulation: East vs. West

The Mystery and Voodoo of Money Laundering

Ever since I first heard the term “money laundering” used in relation to Bitcoin I never saw the connection. Pardon me for being thick headed or dim witted but I fail to see how it could ever be a tool … Continue reading

Posted in Bitcoin and Government, Bitcoin Conspiracy, Bitcoin Philosophy | Comments Off on The Mystery and Voodoo of Money Laundering

Bitcoin Generational Bias and Irrationality

I’m at the bottom rung of the baby boomer’s generation, that massive demographic group sometimes described as like a “pig moving through a snake’s belly”. Being at the bottom has some advantages and some disadvantages. By me being there I … Continue reading

Posted in Bitcoin and Government, Bitcoin Conspiracy, Bitcoin Philosophy | Comments Off on Bitcoin Generational Bias and Irrationality

Why The Founding Fathers Would Have Embraced Bitcoin

I don’t watch hardly any television but happened to catch the pre-game shows of the Superbowl on Fox and was pleasantly surprised to hear them read the Declaration of Independence. While I greatly admire the work that Ron Paul has … Continue reading

Posted in Bitcoin and Government, Bitcoin Philosophy | Comments Off on Why The Founding Fathers Would Have Embraced Bitcoin

Post Offices Consider Being Bitcoin Exchanges?

It would perhaps be one of the biggest ironies ever that one of the institutions hurt most by the advent of the Internet (i.e. the Post Office) could be saved by embracing another disruptive Internet technology (i.e.Bitcoin). In this article … Continue reading

Posted in Bitcoin and Government, Bitcoin Businesses, Tidbits and Quips | Comments Off on Post Offices Consider Being Bitcoin Exchanges?

Whom Do You Trust?

“But some worry about the potential for misuse of unregulated virtual currencies, which are not backed by any government or a commodity like gold, but instead exist entirely as computer code.”  The Baltimore Sun And there were some in our … Continue reading

Posted in Bitcoin and Government, Bitcoin Conspiracy, Bitcoin Philosophy, Tidbits and Quips | Comments Off on Whom Do You Trust?

Bitcoin Is Already BETTER Regulated Than Any Government Agency Could Do

As the “regulators” in NY himm and haww about what to do to regulate Bitcoin they walk right past the forest as they look for trees. What they don’t seem to grasp and seem totally clueless to is that Bitcoin … Continue reading

Posted in Bitcoin and Government, Bitcoin Businesses, Bitcoin Coding, Bitcoin Philosophy | Comments Off on Bitcoin Is Already BETTER Regulated Than Any Government Agency Could Do