TheCoop1984 writes: A blogpost by ex-Bitcoin developer Mike Hearn has highlighted dysfunctional management right at the top of Bitcoin. Bitcoin, which started off the trend in alternative currencies, has dropped out of the limelight recently, but it is clear that Bitcoin is on the verge of collapse. Is this the end of Bitcoin?
TheCoop1984 writes: "The BBC reveals how, since August 2007, officials at the Home Office sent draft guidance to Phorm for comments before it was released to the public. Some of the documents were even edited by Phorm before being sent back. The government may have just lost what little integrity it had left...how long has the UK government been colluding with Phorm and other commercial companies about guidance issued by the government?"