Bitcoin is back in the news, as some moves cause the value to rise again in November to over 400 USD.(http://www.coindesk.com/price/) Speculations on different causes exploded in the bitcoin and financial communities, and of course the bitcoin demise profeets made a comeback to once again declare that this is a.. bubble! a ponzi scheme! that it …
Bitcoin being outlawed is not a new thing. The new-ish digital currency had many bumps on the road since it’s inception back in 2009. One of the first that actually outlawed it, was Iceland which used an existing legislation made in 2008 to protect the local currency (Krona) against value loss. Bitcoin is illegal to …