Author

Topic: A threat hanging over us (Read 1701 times)

legendary
Activity: 4270
Merit: 4534
June 14, 2013, 08:37:15 PM
#15
For those worried about this, ask yourself this: "What regulation or restriction can be implemented to stop all use of Bitcoin?"

I sure as hell can't come up with anything.

although fincen only care about the fiat exchanges. if..... IF there was a day they moved onto the bitcoin side of the fense by buying up the copyright/trademarks from MTGOX and then taking over armory, blockchain.info, bitcoin foundation. the first thing i would see is forcing the main software developers to add login pages to the programs. which link to personal information.

which would put a dent into bitcoin freedoms. but because fiat is government property and bitcoin is not... it wont ever happen

The entire scenario you described is impossible LOL. Nobody has anything to fear.
not impossible. just very very improbable
sr. member
Activity: 266
Merit: 250
aka 7Strykes
June 14, 2013, 01:14:23 PM
#14
For those worried about this, ask yourself this: "What regulation or restriction can be implemented to stop all use of Bitcoin?"

I sure as hell can't come up with anything.

although fincen only care about the fiat exchanges. if..... IF there was a day they moved onto the bitcoin side of the fense by buying up the copyright/trademarks from MTGOX and then taking over armory, blockchain.info, bitcoin foundation. the first thing i would see is forcing the main software developers to add login pages to the programs. which link to personal information.

which would put a dent into bitcoin freedoms. but because fiat is government property and bitcoin is not... it wont ever happen

The entire scenario you described is impossible LOL. Nobody has anything to fear.
legendary
Activity: 4270
Merit: 4534
June 14, 2013, 01:10:25 PM
#13
For those worried about this, ask yourself this: "What regulation or restriction can be implemented to stop all use of Bitcoin?"

I sure as hell can't come up with anything.

although fincen only care about the fiat exchanges. if..... IF there was a day they moved onto the bitcoin side of the fense by buying up the copyright/trademarks from MTGOX and then taking over armory, blockchain.info, bitcoin foundation. the first thing i would see is forcing the main software developers to add login pages to the programs. which link to personal information.

which would put a dent into bitcoin freedoms. but because fiat is government property and bitcoin is not... it wont ever happen

EDIT
by the word "dent".. i mean, maybe a week of disruption before a new wallet program got released to the masses. so not really an impending doom of any sorts
sr. member
Activity: 266
Merit: 250
aka 7Strykes
June 14, 2013, 01:00:08 PM
#12
For those worried about this, ask yourself this: "What regulation or restriction can be implemented to stop all use of Bitcoin?"

I sure as hell can't come up with anything.
legendary
Activity: 4270
Merit: 4534
June 14, 2013, 12:56:52 PM
#11
yet another thread where people don't do the research

the threat is only against the FIAT touching exchanges.

end of

So where does the International Centre for Missing & Exploited Children fit in?


liberty reserve.. which is a dollar exchanger....
full member
Activity: 154
Merit: 100
June 14, 2013, 12:51:29 PM
#10

Quote
Pedophiles fill in the gaps when the terrorists aren't doing anything.

 Grin Grin

I mean SERIOUSLY has anyone here(/anywhere) bought a child slave with Bitcoin? I still can't even buy a frickin hamburger.
legendary
Activity: 1148
Merit: 1008
If you want to walk on water, get out of the boat
newbie
Activity: 38
Merit: 0
June 14, 2013, 08:44:15 AM
#8
I've read the .pdf and i didn't see a problem for bitcoin itself.
They just want bitcoin to exclude criminals. That those who earn btc with illegal activities, can't exchange it into FIAT.
I think that's all!
legendary
Activity: 1176
Merit: 1255
May Bitcoin be touched by his Noodly Appendage
June 14, 2013, 07:06:30 AM
#7
all us bitcoiners should just branch off and start a country in Antarctica, and leave all the stupid people behind. We would quickly become the dominant country in the world. we could start our own little country built on bitcoin and true freedom. 
True
But I wouldn't mind some sun
full member
Activity: 141
Merit: 100
June 14, 2013, 06:50:56 AM
#6
all us bitcoiners should just branch off and start a country in Antarctica, and leave all the stupid people behind. We would quickly become the dominant country in the world. we could start our own little country built on bitcoin and true freedom. 
legendary
Activity: 4270
Merit: 4534
June 14, 2013, 06:48:07 AM
#5
yet another thread where people don't do the research

the threat is only against the FIAT touching exchanges.

end of
sr. member
Activity: 322
Merit: 250
June 14, 2013, 06:29:54 AM
#4
Its not surprising tbh, Im surprised there hasn't been earlier " attacks " on btc.
legendary
Activity: 1470
Merit: 1005
Bringing Legendary Har® to you since 1952
June 14, 2013, 06:11:42 AM
#3
I guess most folks have seen this already:
https://bitcointalksearch.org/topic/were-going-to-be-discussed-at-the-world-bank-614-232950

It's fairly obvious that's a smear campaign ready and waiting to be fired at Bitcoin but then there's the story so far:
https://bitcointalksearch.org/topic/2013-06-13-latest-from-fincen-233680

That suggests its really a stick and the carrot is regulation. At first glance through a westerners eyes it looks like that puts a lot of pressure on the devs but in reality Bitcoin's much bigger than that, its a democratic system on a global scale and the dev's have already made it clear there's no shortage of coders for the project.

That lets the dev's off the hook, they can declare the sky is green, the sea is orange and Ben Bernanke is undisputed ruler of the galaxy in the 1.0 blockchain if they wish, its ultimately up to the user's to decide if they want to run that version and take regulation in exchange for fincen's blessing and the riches it brings. The alternative is all the mud the western corporate media can sling and every time Joe Public hears "Bitcoin" he'll think "child abuse".

But Joe Public has a short memory and quick gets bored of hearing the same tune, by the time the next headline on the agenda has cooled it will be nothing but a vague memory and will probably do more to promote Bitcoin in the long run... but that's up to the users, take the money and run or financial freedom?

Well, we were waiting for it since the dawn of Bitcoin. I don't really think people will be too surprised here.

It would be more surprising & unexpected if they didn't try to fight us.
hero member
Activity: 756
Merit: 500
June 14, 2013, 04:21:38 AM
#2
This is quite normal , if they aren't threatening us, I will be worried Smiley
sr. member
Activity: 317
Merit: 1012
June 14, 2013, 04:20:29 AM
#1
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