Topic: Bitcoin at the US Senate - page 9. (Read 67173 times)

this edward lowry fellow hasn't answered a single one of the questions he has been asked.

What a waste of time. Talking heads reading storybook time testimony for congressmen, because senators are apparently illiterate(?). Just submit your pre-composed "speech".

(PS: Mozilla, why is pre-composed a misspelling, but "pee-composed" is your suggestion??)

(PS: Secret service: obsolete when currency can't be counterfeited.)

(Sen. Tom Carper now telling a story about seeing the movie "Dillinger" as informing him about financial crime. "We figured out how to deal with that" - he thinks the US government is a movie character?)

Great! Thanks in advance!

There should be a text transcript of the hearing available after...  Will look for a link for that for you.

The result of all of these law enforcement groups testifying shows the effectiveness and success of the current regulatory environment in managing the criminal activity.

They cite their 4500 cybercriminal arrests, eGold, Liberty Reserve, Silk Road, all the child porn cases that they have solved based on digital currency traces.

They are so effective, under the CURRENT regulations.  What more could be needed?  Looks like they have all the authority and regulatory framework they need.

Jennifer Shasky Calvery, to her credit acknowledges that they have sufficient regulatory authority and scope already.

Could someone of you native English speakers sum up the speech for the ones not able to understand any word they say as he/she is not _that_ good at English at that level? Thank you sooo much!

15 minutes of lag reported on bitcoinity. Clark Moody was about 1 minute for a while.

Edit: seems to be back to normal

Did someone miss the memo that bitcoin is not a "company". Jesus.

Oh, and "child pornography". Gotta make sure to mention that. At least 20 times. Definitely need to protect the children.

It's pretty clear their intentions are to mention legitimate use in a nanosecond, and devote the other 99% of their time talking about how Bitcoins are evil and used for money laundering, drugs and terrorism.

Thank the lord the US Dollar is immune from such activities....   oh wait....

panic selling on gox alrdy

Do people see a bunch of sell orders ready?  Not sure where Bitstamp level 2 is.

1 hour to go!!

oh dear, that will test my heart... thanks for clarifying (but they have removed it from their schedule now  - adding stop loss @ 500$ :p)

There are two hearings.  One on Monday, one on Tuesday.

Live video feed is here: http://www.c-span.org/Live-Video/C-SPAN3/

It will be on CSPAN3 at 3pm eastern.

After it airs it will be online here:

http://www.c-spanvideo.org/program/Currenci

it's an inaccurate, but easy-to-implement victim narrative they have been conditioned to feel and use.

this is about class, not race.

 

(Chinese Armys' favorite band!)

http://www.youtube.com/watch?v=NFSSqCxXpGg

Picture a bright blue ball, just spinning, spinnin free,
Dizzy with eternity.
Paint it with a skin of sky,
Brush in some clouds and sea,
Call it home for you and me.
A peaceful place or so it looks from space,
A closer look reveals the human race.
Full of hope, full of grace
Is the human face,
But afraid we may lay our home to waste.
There's a fear down here we can't forget.
Hasn't got a name just yet.
Always awake, always around,
Singing ashes, ashes, all fall down.
Ashes, ashes, all fall down.
Now watch as the ball revolves
And the nighttime falls.
Again the hunt begins,
Again the bloodwind calls.
By and by, the morning sun will rise,
But the darkness never goes
From some men's eyes.
It strolls the sidewalks and it rolls the streets,
Staking turf, dividing up meat.
Nightmare spook, piece of heat,
It's you and me.
You and me.
Click flash blade in ghetto night,
Rudies looking for a fight.
Rat cat alley, roll them bones.
Need that cash to feed that jones.
And the politicians throwin' stones,
Singing ashes, ashes, all fall down.
Ashes, ashes, all fall down.
[Bridge:]
Commissars and pin-stripe bosses
Roll the dice.
Any way they fall,
Guess who gets to pay the price.
Money green or proletarian gray,
Selling guns 'stead of food today.
So the kids they dance
And shake their bones,
And the politicians throwin' stones,
Singing ashes, ashes, all fall down.
Ashes, ashes, all fall down.
Heartless powers try to tell us
What to think.
If the spirit's sleeping,
Then the flesh is ink
History's page will thus be carved in stone.
And we are here, and we are on our own
On our own.
On our own.
On our own.
[Instrumental]

If the game is lost,
Then we're all the same.
No one left to place or take the blame.
We can leave this place and empty stone
Or that shinin' ball we used to call our home.
So the kids they dance
And shake their bones,
And the politicians throwin' stones,
Singing ashes, ashes, all fall down.
Ashes, ashes, all fall down.
[Bridge two:] Shipping powders back and forth
Singing black goes south and white comes north.
In a whole world full of petty wars
Singing I got mine and you got yours.
And the current fashion sets the pace,
Lose your step, fall out of grace.
And the radical, he rant and rage,
Singing someone's got to turn the page.
And the rich man in his summer home,
Singing just leave well enough alone.
But his pants are down, his cover's blown...
And the politicians throwin' stones,
So the kids they dance
And shake their bones,
And it's all too clear we're on our own.
Singing ashes, ashes, all fall down.
Ashes, ashes, all fall down.
Picture a bright blue ball,
Just spinnin', spinnin, free.
Dizzy with the possibilities.
Ashes, ashes, all fall down.
Ashes, ashes, all fall down.
Ashes, ashes, all fall down.
Ashes, ashes, all fall down.
Ashes, ashes, all fall down.

What's the white got to do with it. I guess there are also old square-ish black dudes in the room. And young forward-looking white dudes. And young-squarish dudes and old forward-looking dudes of all racial backgrounds. Not to mention dudettes. Stop thinking in boxes!