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Topic: 2013-03-20 - THE ÜMLAUT - The War On Bitcoin—and Anonymity (Read 757 times)

legendary
Activity: 3920
Merit: 2349
Eadem mutata resurgo
Monetary Freedom!

Stealing hearts and minds one at a time.  Smiley
legendary
Activity: 1078
Merit: 1003
Oh, Muricuh.  Always gotta wage a war on something, somewhere.

Just going to hit the punch line: America's waging a war on freedom.  Because the government loves you, and wants you to know, your privilege to privacy is their number one concern.
k
sr. member
Activity: 451
Merit: 250
http://theumlaut.com/2013/03/20/the-war-on-bitcoin-and-anonymity/

Article on the recent FinCEN announcement and bitcoin.

Quote
If there is any silver lining in an era in which the government is so paranoid that it feels it must stamp out financial anonymity online, it is that it is unlikely to completely succeed. There may be a few exchanges and mixers that register and report as FinCEN requires. But it seems improbable that the US and its allies are willing to engage in the blatantly repressive behavior necessary to ensure full compliance. Nevertheless, it is regrettable that FinCEN has designs on Bitcoin. It is yet another reason that the Wars on Drugs and Terror cannot end soon enough.
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