Is the Government Sanctioning Bitcoin With Auction?

June 13 (Bloomberg) -- The U.S. government will start selling one of the largest caches of bitcoins, seized last year from the illicit Silk Road marketplace, triggering a decline in the virtual currency’s price. Coin Apex co-founder Alex Waters, TradeHill CEO Jared Kenna and Bloomberg's Matt Miller comment on Bloomberg Television's "Street Smart." (Source: Bloomberg)

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