Bitcoin suffers a regulatory blow

Electronic decentralized currency, Bitcoin, launched as open source software in early 2009 and has grown in popularity and controversy pretty much ever since.

Today's decision by the US S.E.C. to reject the planned Winklevoss-designed Bitcoin ETF is deeply disappointing to those of us who aspire to one day, maybe, somehow, become free from the unelected economic and political elite which today dominate nearly every aspect of our lives.

Despite the decision, Bitcoin prices have already rebounded somewhat; US $1,130.05 at time of publishing this post.

Our full video commentary and analysis (below) was published when Bitcoin was around US $1,104 per coin earlier today.