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Kentucky town will pay police chief in Bitcoin

City employees in Vicco, Kentucky could be receiving their paychecks in the form of Bitcoin as early as this month after officials there agreed on Monday to begin compensating the chief of police with the emerging crypto-currency.

City officials said on Monday this week that there won’t be a problem with paying Vicco Police Chief Tony Vaughn electronically using Bitcoin, an online-only digital form of currency that has in recent months been accepted at an increasing number of retailers around the world.

Bitcoin allows users to securely pay for goods and services with near total anonymity, all while avoiding the regulations and restrictions often imposed by state-controlled currencies, such as the dollar.

http://www.rt.com/usa/vicco-kentucky-bitcoin-salary-725/



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wow

it's really happening.

Official Daily Paul BTC address: 16oZXSGAcDrSbZeBnSu84w5UWwbLtZsBms
Rand Paul 2016

Beauty

Average folks learning first hand what it means to have their money fluctuating in value in real time.

Vs. the systematic frog-boiling by the Fed.

This ought to be an awakening.

In other Vicco, Ky., news

Sewers, Curfews and a Ban on Gay Bias
http://www.nytimes.com/2013/01/29/us/vicco-kentucky-passes-b...

Gay Mayor of Vicco, Kentucky, Reacts to the "Best Segment of 'The Colbert Report' Ever"
http://www.motherjones.com/mojo/2013/08/mayor-johnny-cumming...

Y'all go on ahead w' Bitcoins. (pesky memory)

" .... all the gold, silver, and platinum, and almost two tons of Ron Paul Dollars. The FBI also seized computers and files and froze the Liberty Dollar bank accounts."

The Fed didn't want Von Nothaus moving in on the most lucrative game on planet earth.

Bitcoin also competes with, and seeks to displace the U.S. dollar. That's a fact.

Bitcoin's anonymity facilitates income and upcoming internet sales tax evasion, drug transactions and "terrorism".

Bitcoin cuts out Visa/Mastercard, Discovery and the entire banking system.

That makes Bitcoin the sworn enemy of the U.S. Treasury, The Federal Reserve, the NSA, CIA, FBI, ATF, giveaway politicians everywhere and the entire Western military industrial complex, plus the world banking system.

Anybody know how you go about selling short on Bitcoin?

"Timid men prefer the calm of despotism to the tempestuous sea of liberty" TJ

take out a loan

Borrow some bitcoins from someone and sell them right away. Wait for price drop and pay them back in same quantity of bitcoins plus interest.

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You'd be really, really, really stupid to short bitcoin

but if you want to do it, apparently it's possible:
http://finance.yahoo.com/news/short-bitcoins-really-must-060...

I think this story is fabricated

Vicco Kentucky doesn't have a police department.

multiple sources say they do

www.news.yahoo.com/photos/monday-sept-16-2013-photo-vicco-ma...

Shows the chief and mayor. Source unrelated to bitcoin story but msm.

www.hazard-herald.com/news/home_top-news/2822997/Vicco-appro...

Local news source that reported story.

www.hazard-herald.com/view/full_story/21334590/article-vicco...

Looks like Vicco created the position 4.5 months ago.

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I stand corrected

It's an interesting little town for sure.