Feds arrest Bitcoin Exchange CEO for money laundering

Interesting. Anyone actually use Bitcoin?

http://money.cnn.com/2014/01/27/technology/security/bitcoin-arrest/index.html?hpt=hp_t3

I wouldn't mind if everyone using bitcoins also got a felony conspiracy indictment. I have much disdain for both government and banking but in no way do I believe a new convoluted pyramid scheme is an answer.

I saw that too! Crazy! I heard that guy was a real asshole btw. Karma I suppose.

Bitcoin is a great fiat...
In no way is it a pyramid or a ponzi...