Bitcoin Phenomenon Sweeps Nation, Frightens Old Men in Washington

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WASHINGTON — Following the recent Cypriot banking system meltdown and amid concerns overthe stability of the Euro, a new debate has arisen over the use of electronic currencies, in lieu of government-issued paper money, here in the United States. One such debate has centered around the increased usage of Bitcoins, an untraceable electronic currency far less prone to inflation than fiat currency…