Bitcoin is a new digital currency traded over p2p connections that
is essentially untraceable and not connected to any bank. This has made
it a favorite of the tech-literate crowd, but two US Senators are
looking to crackdown on Bitcoin after reports that it is being used to buy illegal drugs online.
Senators Charles Schumer (D, New York) and Joe Manchin (D, West
Virginia) have written to Attorney General Eric Holder and the DEA
asking that action be taken to crackdown on the “Silk Road”.
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