Yes, we COULD boycott pools and exchanges, and we COULD contact the SEC. Actually this is a fantastic idea. The BitLicense plan in New York is fantastic, it just doesn't go far enough. I propose an AltLicense. All new alts from here on out should apply for a license, pay a fee, prove their identities, and register with the United States federal government before being allowed to launch. Mining, developing, or using crypto which is unapproved should be a felony and punishable by prison time and a hefty fine. I actually just woke up today and thought to myself "Gee, I sure wish the federal government could regulate MORE aspects of my life". I'm gonna go start a petition on change.gov, we need Obama on this immediately.
OR.............maybe we could just stop mining and buying scam coins? I don't know, it's an option.
OR.............maybe we could just stop mining and buying scam coins? I don't know, it's an option.
You know there's a globe, we're living on and it's not all belong to the US?
Not as long as the exchanges support the scammers its not. It would take a boycott of the exchanges and pools supporting those scams for anything to change. That or regulation.
First off, people making uneducated decisions and investing money they couldn't afford to lose in the first place is not a scam. It's their stupidity which has no connection to this coin.
Secondly, boycotting the tools which sole purpose is to provide us a convenient way to mine/exchange is just retarded. Again, it's not their fault.
And you're proposing regulation in a bitcoin forum. I mean, really? Regulation is one of the reasons bitcoin was made in the first place.
I usually refrain myself from name calling and berating people but you, sir are fucking stupid.
