Bitcoin 'doesn't pass the smell test,' says Massachusetts securities regulator

Secretary of the Commonwealth of Massachusetts William Galvin says bitcoin "doesn't pass the smell test." "There is no product here. This is entirely speculation. That's already been proven by the high gyrations of the value. It's also subject to manipulation, because no one can explain it no one can …
Google Alert – bitcoin

Lightning Network progress: 72 out of 75 tests pass!

https://cdecker.github.io/lightning-integration/

I'm so excited, we are so close to a massive technological leap that will make Bitcoin fast and cheap, and render a lot of altcoins obsoletes, mostly the copy paste altcoins that try to be Bitcoin cheaper and faster.

It should also centralize capital into the few coins that actually solve different problems with different implementations.

Finally it should put the final nail into the coffin of the scaling debate.

Who's excited with me?!

submitted by /u/amorpisseur
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Bitcoin – The Currency of the Internet