Bitcoin, however, has gone through the same dark period and still has the potential to destabilize the world's financial architecture. And, last week, three news brings hope to those who believe that the currency Bitcoin can overcome the weakness of its twin: liquidation and lack of legitimacy. Here is a summary of news and brief comments about what it means: The return of a large brokerage Bitcoin? Mt. Gox says it will play by the rules Given that it is easy to exchange Bitcoins with other users - but it's hard to trade them in conventional currencies like the dollar and the euro. As of May, the main street in this difficulty is Mt. Gox, currency exchange based in Japan which allows speculators to use Dwolla (such as Pay-Pal network) to convert Bitcoins to dollars. Homeland Security, however, undermine the Mt. Gox to operate as an unlicensed money transmitter, and suspend Dwolla accounts exchange in May. Now, though, Mt. Gox want to come back from the rigidity of regulation. The company quietly filed last week to permit the entity licensed by FinCEN, a division of the Ministry of Finance relating to financial crimes, if FinCEN gave the green light, the primary source of liquidity will return to the Bitcoin market. A chance to trade in the stock market Bitcoin twins Winklevoss this week filed to go public with the belief that its stock will track the value of Bitcoin. A similar financial products to investors who want to bet on the overall performance of the stock market or real estate portfolios - in this case, the investor will be able to bet on Bitcoin without having to directly purchase these items. The Winklevii, known as the wannabe owner turned pitchmen Facebook pistachios, controls 1% of the world supply of Bitcoin, and the presence of major business projects that many other investors is not Bitcoin. If they are successful IPO, the value of the currency can shoot in the interest of the common market - and enjoy a level of legitimacy that Bitcoin never before. (For the other hand, viewing one of the authors Bloomberg that investors still need to be mentally strong). A new bridge for decentralized Bitcoin my colleague, David Meyer reports from London this morning that Ripple - a platform that offers peer-to-peer banking and Credit - ". Money enters as traditional currency and out as Bitcoin "introduces Bitcoin Bridge, which will result if the new Ripple capture services, it will create a decentralized network of nodes that will make it less dependent on the Bitcoin exchanges like Mt. Gox, which is exposed to hackers or seizure rules - and threatening the entire eco-system Bitcoin when they fail. Payments based Ripple significant not only because it promises more liquidity, but also because it strengthens the Bitcoin place in the emerging new era of remittances. The should be underlined been very heavy for a few months but the emergence of Bitcoin (and reappearance) platforms and other services to support it bodes well for the future crypto-currency. Widespread adoption, however, will require more community members Bitcoin emerged from the shadows and engage with the regulatory system that many distrust. Sources: http://gigaom.com/2013/07/02/3-reasons-why-bitcoin- is-getting-its-groove-back /
