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The world's leading Bitcoin exchange, Mt. Gox, has announced a partnership with the Silicon Valley startup Coinlab. Under the agreement, Coinlab will handle Mt. Gox's American operations, which account for a large majority of the exchange's business. The transition will occur on March 22. CoinLab raised half a million dollars of venture capital last year. At the time, the firm was touting a scheme to exchange bitcoins for currency in games such as World of Warcraft and Second Life. Taking over Mt.

Ever since the bitcoin cryptocurrency first launched and achieved initial success, institutional investors and hedge fund managers have secretly sought a regulated investment vehicle for bitcoin placements. Malta-based Exante Ltd. has the solution with their new Bitcoin Fund. “I hope our fund will be the first hedge fund to take advantage of using bitcoins,” explains Managing Partner Anatoliy Knyazev. Exante actually announced the fund in October last year, but they did not make a serious effort to market it.

World famous venture capital firms are now funding Bitcoin startups!
The Bitcoin revolution is about to swing into full gear!

A driver of a white Prius with a giant, red plastic flag affixed to its side is rolling through the hilly streets of San Francisco, undelivering mail from mailboxes. The driver is not a thief. He and the car are part of a startup called Outbox that is attempting to pick up where the embattled United States Postal Service leaves off -- by digitizing physical mail. The driver, dubbed an "unpostman," visits Outbox subscribers' homes three times a week.

The parents of two young boys who have dedicated their lives to legalizing medical marijuana are struggling this week to cope with the heartbreaking reality that police have taken away their sons and placed them in foster care.

No charges have been filed as yet and the Rineharts and Ms Caldwell have received more than $5000 in donations from other supporters of medical marijuana legalisation to help pay for legal expenses.

To donate to their legal defense fund, please go to:

https://www.wepay.com/donations/sarah-lindsey-josh-s-compassion-fund

Will entrepreneurs make "seasteading" truly effective?

by STEPHAN KINSELLA. Tom Woods blogs about an intriguing new service, in I Love People Who Actually Do Things I Only Talk About.

Just days after we wrote about a study that showed more government funding of the press leads to less reporting on government corruption, along comes the Washington Post with an editorial saying it's time to have the federal government fund more journalism. I wonder how Watergate would have turned out if the Washington Post was relying on Nixon for cash...

Congress Is Toying With the Future of Mass Transit