
“Bitcoin is starting to get some high-profiled acceptance. First was Sir Richard Branson’s Virgin Galactic. Then Overstock began accepting Bitcoin, taking in $126,000 in sales with the virtual currency on the very first day. On Tuesday, the Sacramento Kings – purchased last year by TIBCO founder Vivek Rendivé – became the first NBA team to accept Bitcoin payments. Now, two Las Vegas casinos owned by brothers Derek and Greg Stevens, will be accepting Bitcoin: the D and the Golden Gate. Nonetheless, US government officials are taking an extremely cautious approach to Bitcoin due to it being the currency of choice for some in the criminal underworld.”
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