
“Yes, the Internet Archive. The outfit that so diligently records our web history also runs its own bank — The Internet Archive Federal Credit Union, or IAFCU, based out of New Brunswick, New Jersey. And when Hockenhull needed somewhere to turn, Internet Archive founder Brewster Kahle gave him the means to keep his company alive. Since then, the IAFCU has taken on a half-dozen Bitcoin businesses, such as BitBox, giving them a critical link to the U.S. financial system. The Internet Archive’s role as the backer of one of the country’s most Bitcoin-friendly financial institutions is a bit of an unlikely tale.”
http://www.wired.com/wiredenterprise/2013/07/iafcu
Related posts:
Americans Can Still Benefit from Tax Havens
CBO: Up to 20 Million Could Be Pushed Off Employer Health Insurance Because of Obamacare
US Regulators: the World’s Bitcoin Police?
WikiLeaks Volunteer Was a Paid Informant for the FBI
The Bitcoin ATM Has a Dirty Secret: It Needs a Chaperone
Study Rejects Cell Phone Driving Danger Claims
Guantanamo Gulag and the Human Rights Lie
Homeland Security to Test Face Scanning Cameras at Hockey Game
Why Obamacare Will Result in a Decline in Cash Wages
Who Gave Hollywood's Representatives the Same Exact DMCA Question?
The End of Tax Havens?
NYPD officer charged with multiple felonies for unlawful arrest of Times photographer
Pennsylvania Court Upholds Seatbelt Roadblocks
‘Show Us the Tapes!’: Activists March to Demand Release of Paddock Video
10 Awesome Startups That Are Looking To Profit From A New Space Race