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<p style="font-size:xx-small;">swings would
be too jarring -- but an increasing number are accepting it for
payment. Gallippi's company, BitPay, handles Bitcoin transactions for some
4,500 companies, taking payments in bitcoins and forwarding the cash equivalent
to the vendor involved, which means that his clients are insulated from
the cybercurrency's volatility.Gallippi said many of the businesses are
e-commerce websites, but he said an increasing number of traditional retailers
were looking to get into the game as well."We just had an
auto dealership in Kansas City apply," he said.In March, BitPay said its
vendors had done a record $5.2 million in bitcoin sales -- well
ahead of the $1.2 million's worth of monthly revenue estimated to have
coursed through Silk Road last year.Even artists accept bitcoins. Tehran-based
music producer Mohammad Rafigh said the currency had allowed him to sell
his albums "all over the world and not only in Iran."Gallippi said
the cybercurrency's ease of access was its biggest selling point.With Bitcoin,
"I can access my money from any computing device at any time
and do whatever the heck I want with it," he said. "Once
you move your money into the cloud why would you ever go
back to putting your money in the bank?"Many Wall Street veterans are
skeptical -- and they may feel vindicated after Bitcoin's latest tumble."Trading
tulips in real time," is how longtime UBS stockbroker Art Cashin described
Bitcoin's vertiginous rise, comparing
had a few more advantages -- involved adults, good
schools, a supportive community and a safe neighborhood."That was the difference
between growing up and becoming a lawyer, a mother and first lady
of the United States and being shot dead at the age of
15," Mrs. Obama said, her voice gripped with emotion.The speech was Mrs.
Obama's first public remarks on gun violence since the Sandy Hook shooting
in December took the lives of 20 students and six faculty and
reignited a national debate over gun control. But with the fate of
the administration's efforts still uncertain, the White House was mounting
an all-hands-on-deck push to keep the public engaged.The president delivered
a speech Monday in Connecticut, and 12 family members of Sandy Hook
victims joined him on the return flight to Washington and have since
been lobbying members of Congress. Vice President Joe Biden and Attorney
General Eric Holder promoted the plan Tuesday at the White House, and
Biden was set to make the case again Thursday on MSNBC's "Morning
Joe."The Senate was planning an initial vote Thursday to begin debating
gun legislation, with some Republicans attempting to block consideration
of the measure. Two pivotal senators announced a bipartisan deal Wednesday
to expand background checks to more gun sales, which could build support
for President Barack Obama's drive to tighten firearms laws. But the ultimate
fate of the legislation remains unclear with strong oppositio
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