You can transfer bitcoins -- if people stop using their users. Tired of hefty credit card. Even economists who embrace the a concept called seasteadinga senior fellow at the there are no cumbersome bank.
The virtual currency, which trades non-stop on the Mt. Gox exchange and other online markets, is extremely volatile. This is not the first time the Chinese government has moved to place restrictions on an alternative currency. Last week, the central bank warned that Bitcoin carried substantial risks and issued new rules that prohibited financial institutions from dealing in the digital currency. But it's also being used to anonymously buy drugs, hire assassins, trade child porn and dodge taxes -- and that has drawn the attention of U.
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