“The Internet Archive Federal Credit Union, an experimental financial institution run by the eponymous nonprofit that archives web history, has established itself as a Bitcoin haven. In contrast to traditional banks, which snubbed businesses built around the virtual currency, the IAFCU basically put up a Bitcoin welcome sign. ‘These are not drug dealers, money launderers, or whatever. These are average folks,’ IAFCU CEO Jordan Modell told Wired. That all changed yesterday, however, when the credit union announced it will be dumping its Bitcoin clients (archived link).”
Bitcoin-friendly Internet Credit Union suddenly dumps accounts: ‘regulatory issues’
- Post author:The Freedom Watch Staff
- Post published:August 30, 2013
- Post category:Network Archives / The Freedom Watch
Tags: Alternative News, Bankocracy, Bitcoin, CLibertyC, constitutional liberty coalition, economic Trends, for life and liberty, Land Of The Flea, regime uncertainty, Resistance, sound money, The Freedom Watch
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