A peer-to-peer currency exchange done without coercive influence is now worth more than the dollar. Which just goes to show that a currency can exist without governmental intervention.

The Commonwealth of Virginia would begin minting its own gold and silver coins as an alternative currency to the U.S. dollar under a bill that Virginia Del. Bob Marshall says he will file in coming days.

Dutch prosecutors say they have arrested a 16-year-old boy suspected of involvement in digital attacks that made it difficult to access several prominent financial payment websites earlier this week.

'Anonymous' hackers flexed their muscle again Wednesday, orchestrating a successful denial of service attack against Visa, the largest credit card provider in the world.

In another significant milestone for P2P cryptocurrency the EFF has agreed to accept Bitcoin donations! The EFF is known for legal cases involving high profile tech companies such as Apple, Google, Craigslist, and Facebook. The simple fact that the EFF is welcoming anonymous donations is a small but significant step towards Bitcoin societal acceptance.So,how long untill FTL accepts donations via bitcoin?

According to Cinnaminson Police, a Camden man included counterfeit $20 bills while paying his $400 bail on July 7.... lousy counterfeit $20s. Run off on a color copier, apparently. --- These days, all $20 bills are becoming lousy. :-D

Russia wants the ruble to be one of the world’s reserve currencies as President Dmitry Medvedev renews his push to reduce the dollar’s dominance and make Moscow a global financial hub. “Only three, five years ago it seemed like a fantasy” to create a new reserve currency, Medvedev said yesterday in a speech in St. Petersburg, Russia. “Now we are seriously discussing it.”

After cashing a postal money order, David Lipin tried using one of the eight $100 bills at the gas station and was nearly arrested. Even the Secret Service couldn't help him replace the bogus bills.

The national debt is currently 13.7 trillion dollars (you can round up to 14 if you ignore that piddling little GDP of Denmark). The American people could work together, movie-montage style, collecting every single physical dollar and cent in existence and they'd still have to go to Vegas*, hit the roulette tables, lay it all on black and win. Four times in a row. That's how you know you're doomed - most people crushed by debt imagine cleaning up at the casino OR having all the money in the world. When you need both, you're buggered.

Congressman Ron Paul has continued to run his Congressional office in a frugal manner, and was able to return more than $100,000 from his allotted office budget to the Treasury this year, an increase over the $90,000 returned last year.