A Company Innovating The Way We Pay For Stuff Ditched Bitcoin And Concentrated On The Dollar Instead

Iowa-based startup Dwolla has made a name for itself with its rather painless approach to sending money over the Internet — sending someone $10 or less is free. Sending more than $10 costs $0.25. That's all there is to it. "What about Bitcoin?" becomes the obvious question. The company did previously deal in the virtual currency, but the relationship ended poorly when the federal government seized $2.9 million worth of Bitcoin from Dwolla as part of its investigation into the Mt. Gox Bitcoin e...