“The implicit, and ever more explicit, institutional acceptance of the dominant cryptocurrency Bitcoin continues when following the surge in vendors willing to transact in BTC over Thanksgiving, the latest news comes from the birthplace of the modern central bank, the UK, where we learn that none other than the UK Royal Mint has been working on plans since this summer to issue physical Bitcoins in collaboration with the Channel Island of Alderney.  The same symbolic Bitcoin token issued by the Royal Mint ‘would have a gold content so that holders could conceivably melt and sell the metal if the exchange value of the currency were to collapse.'”

http://www.zerohedge.com/news/2013-12-01/uk-royal-mint-working-plans-issue-gold-backed-physical-bitcoins

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