The Chinese government has
warned banks in the country to avoid Bitcoin, which it says is
highly susceptible to being used by criminals and money launderers,
and wants transactions registered. The price of a Bitcoin fell
after the announcement. Ron Paul,
meanwhile, says Bitcoin could become the “destroyer of the
dollar” if it starts being used on a massive scale.- The FTC is
concerned you’re too stupid to tell when you’re reading
sponsored content on the internet. - Detroit’s primary pension plan will
appeal the decision by a judge this week that Detroit is
eligible for bankruptcy. - Elizabeth Warren says she will not run
for president in 2016 and will serve out her Senate term, similar
to promises Barack Obama made prior to the 2008 election. - An Indiana restaurant has been
forced to stop serving free lunches because neighboring
businesses complained about the crowd the Thursday offer
attracted. - Martin Bashir has resigned
from MSNBC a few weeks after suggesting someone defecate in Sarah
Palin’s mouth. Alec Baldwin was previously terminated for getting
caught hurling an anti-gay slur at a photographer. - A truck carrying medical radioactive material that was hijacked
yesterday in Mexico has been
found. The container holding the cobalt-60 has been open, and
the thieves, still at large, may show up seeking medical attention
for radiation exposure.
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from Hit & Run http://reason.com/blog/2013/12/05/am-links-china-warns-banks-about-bitcoin
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