From http://philebersole.wordpress.com/2010/11/17/inflation-through-the-ages/
"Ideally, according to monetarists, there should be a money supply expanding at exactly the same rate that the economy as a whole expands.  This would be impossible in practice, because nobody can know how fast the economy is expanding until after the fact.  So monetarists advocate increasing the money supply at a constant rate – say 2 percent a year – which is consistent with the long-term growth rate of the economy."

I was looking up Fincen registrations of bitcoin businesses.

Some (like coinbase, bitinstant) are registered. But I could not find a registration for MtGox (including under their corporate name of Tibanne) or BTC-E. Could it be that they are registered under different names? Or is it possible for a bitcoin business not located in the US to still transact with US residents without registration.

Also, I am curious if the online wallet breakins we keep hearing are due to the site's own security, or a lapse on the user's part (weak passwords, keyloggers, etc).

Using Bitcoin-Qt and Litecoin-Qt

I am working on a site / service to exchange between BTC/LTC and less common crypto-currencies.