on 5 December 2014. Archived from the original on Retrieved "The Hard Math Behind Bitcoin's Global Warming Problem". C Its Unicode character. 99 After the release of version.9, the software bundle was renamed Bitcoin Core to distinguish itself from the underlying network. London: Telegraph Media Group Limited. U.S Commodity Futures Trading Commission. Archived from the original on Wallace, Benjamin (23 November 2011). 218 Security issues Main article: Cryptocurrency and security Bitcoin is vulnerable to theft through phishing, scamming, and hacking. Ott Ummelas and Milda Seputyte. 219 Use in illegal transactions See also: Bitcoin network Alleged criminal activity The use of bitcoin by criminals has ebay bitcoin attracted the attention of financial regulators, legislative bodies, law enforcement, and the media.
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Fungibility Wallets and similar software technically handle all bitcoins as equivalent, establishing the basic level of fungibility. "US regulator Bitcoin Exchanges Must Comply With Money Laundering Laws". Retrieved 23 February 2015. «the currencys primary use so far (besides as a speculative investment vehicle and point of departure for futuristic payment schemes) was buying illegal things online.». 22 23 Other early cypherpunk supporters were creators of bitcoin predecessors: Wei Dai, creator of b-money, and Nick Szabo, creator of bit gold. 122 Liquidity (estimated, USD/year, logarithmic scale). Archived from the original on Retrieved "Bitcoin is more than a bubble and is here to stay". 12 Acceptance by merchants The overwhelming majority of bitcoin transactions take place on a cryptocurrency exchange, rather than being used in transactions with merchants. That does not mean they are going to go away (though scrutiny from regulators concerned about the fraud and sharp practice that is rife in the industry may dampen excitement in future).