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There are many businesses out there right now willing to trade all kinds of services and goods for bitcoin, but this is just the beginning! Many entrepreneurs are only now starting to learn about bitcoin. Almost everyday a new bitcoin businesses is lunched, some of them totally unique, and some of them a competitor to existing bitcoin businesses...

Lets talk about:
- Which ones can be trusted
- Which ones to avoid
- Local (Real World) businesses
- Seek peek, of the big time bitcoin businesses under development right now.

One of the issues, other than if governments will try to outlaw bitcoin, is the high amount of electricity needed to create a single bitcoin. It might cost more to generate a bitcoin than the actual value a bitcoin is currently traded at. High electricity bills can lead to marijuana busts. And it is this unusual power consumption needed that caught my attention since it appears as a bitcoin miner has been mistaken as a person running a marijuana growing operation.

The police officer was driving 94mph with no lights or sirens, and was not headed towards a call when they smashed into two people making a left hand turn. The police officer Jason Anderson has been charged with manslaughter and is currently on paid leave from the department.

http://www.phillyd.tv/2009/11/18/cops-paid-to-kill-innocents/

“If I wanted America to fail” logged over 120,000 hits in less than 36 hours; and then the Twitter page for Free Market America, the group behind the video, was suspended midway through Earth Day.

This illustrates the value of alternatives to outlets like Twitter, Google, and Facebook.

Late this afternoon, Bitcoin suffered from another serious setback, as the network’s most popular exchange, Mt. Gox, collapsed thanks to a hacked account. The unknown hacker(s) made an enormous sale of bitcoins from the compromised account, causing the price of the currency to fall from $17.5 to just pennies in a matter of minutes.

Dwolla Begins PayPal-Style Account Suspensions - "Dwolla has moved beyond closing the accounts of those it can prove are operating unlicensed [Bitcoin] exchanges and has begun closing the accounts of private individuals based on a mere affiliation."

WinPoker.com, on the iPoker network, is adding Bitcoin support for deposits and withdrawals, pokerfuse can exclusively reveal. It is the first time a poker room on any major online poker network has added first-class Bitcoin support to the cashier. Deposits can be made by sending BTC directly through the cashier on the WinPoker website to the room’s Bitcoin wallet. As soon as the system receives the funds—typically within ten minutes—the money will be credited to the player’s account. If players store their wallets on smartphones, depositing can be as simple as scanning a QR code.

legislation that would give authorities the ability to identify the owners of pre-paid cellphones, which they say is long overdue "because for years, terrorists, drug kingpins and gang members have stayed one step ahead of the law by using prepaid phones that are hard to trace." That new tracking ability would also consequently place some new requirements on cellphone carriers and people buying the phones -- specifically, anyone buying a pre-paid cellphone would be required to present identification before buying a phone

CoinConnect is here because of Bitcoin and for Bitcoin. Social networking is quickly becoming one of the most widely used forms of communication and we want to bring that level of success to Bitcoin and the great businesses and organizations that use it and promote it.

It's time for Bitcoin to evolve to the next level and CoinConnect is here to help facilitate that growth.

CoinConnect is the bridge between Bitcoin and the rest of the world.