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EFF: We Have Decided To Not Accept Bitcoins

EFF: We Have Decided To Not Accept Bitcoins: The Electronic Frontier Foundation’s Cindy Cohn released a statement which describes the decision by the EFF to no longer accept bitcoins for donations:
“Bitcoin raises untested legal concerns related to…

EFF: We Have Decided To Not Accept Bitcoins:

The Electronic Frontier Foundation’s Cindy Cohn released a statement which describes the decision by the EFF to no longer accept bitcoins for donations:

“Bitcoin raises untested legal concerns related to securities law, the Stamp Payments Act, tax evasion, consumer protection and money laundering, among others. And that’s just in the U.S”.
“We are not comfortable spending the many Bitcoins we have accumulated.  Because of this, we’re giving the Bitcoins […] to the Bitcoin faucet, so that they can continue to circulate in the community”.
“While we’ve been following the Bitcoin movement with a great degree of interest, EFF has never endorsed Bitcoin”.

https://www.eff.org/deeplinks/2011/06/eff-and-bitcoin

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