“‘The system is based on the concept of proof of work,’ explained David al-Achkar, a Lebanese entrepreneur and active member of the regional Bitcoin community. In December 2013 the Lebanese Central Bank issued an official warning regarding Bitcoin. ‘Transactions conducted with Bitcoins facilitate money laundering and the financing of terrorism,’ said a circular issued by the Central Bank. Regionally, the limited Bitcoin economy appears to serve more mundane purposes. Earlier this month Dubai-based restaurant The Pizza Guys began accepting Bitcoin payments. Over the past 10 days, The Pizza Guys has processed seven Bitcoin transactions.”
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Tip Freedomwat.ch Staff with Bitcoin
Related posts:
TSA's VIPR could be screening you without you knowing it
Death toll rises in Egypt following clashes
State Department condemns Zimbabwe raids on LGBT rights group
Iceland Brings In Experts to Help Lift Capital Controls
Egypt expels three Al-Jazeera journalists for biased reporting
IRS to Protect Computer System Modernization From Budget Cuts [2011]
U.S. to leave 'training' military forces in Jordan
Syrian aircraft bomb Sunni militant targets inside Iraq
Protest over Taiwanese military conscript’s death draws 100,000
ObamaCare Dropping Full-Timers at Schools, Local Governments
Cop Beaten Up on Camera While Bystanders Watch; No One Calls 911
Health Care Just Became the U.S.'s Largest Employer
Supreme Court rejects appeal of shoplifter serving life sentence
US steps up efforts to break Guantánamo hunger strike
Out-Of-Control Officers Find Comfort & $100,000's In Back Pay In Arbitration