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S. army, the FBI, the CIA, the NSA, and various local authorities with guns demands that you pay them in U. However, lawmakers “should not seek in this particular context to promote a wider use of virtual currencies.” ECB also feels that the existing definition of digital currencies in the proposed directive are not clear enough. “The ECB recommends defining virtual currencies more specifically, in a manner that explicitly clarifies that virtual currencies are not legal currencies or money,” they wrote. In week one, $10 million flows into the bitcoin economy and every bitcoin holder sells their coins. This will discourage people to use it (or hold it for long if they use it). There are flexible customization options and dozens of tools to help you understand where prices are headed.