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Topic: Could the Federal Reserve kill Bitcoin? - page 2. (Read 533 times)

hero member
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September 24, 2017, 02:30:28 AM
#5
My only big worry about bitcoin:

The Federal Reserve; the people who own the US government(and the mightiest military), have much to loose when bitcoin goes global mainstream.
We are starting to see some possible tactics with recent statements by fraudster fed associate Jamie Dimon.

Asside from turning off the internet what else are these thieving pricks likely to do?

internet can't die
but if US goverment want bitcoin die is easy, same with liberty reserve , SEC kill and close liberty reserve

if US goverment with SEC say bitcoin ilegal, same with liberty reserve, US goverment can close all exchanger in the world
full member
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Merit: 161
September 24, 2017, 02:25:08 AM
#4
The answer is yes. People after me will probably flood the thread with statements about how they can't and what not. In reality, they can. There is no telling what will happen in the future. Will big banks back bitcoin, or will they turn on it.

There is an interesting concept here. If one country bans bitcoin and others don't then that country could be left in the dark. On the other hand, if a lot of countries start banning bitcoin together then they could destroy its value.
hero member
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September 24, 2017, 01:50:45 AM
#3
The Federal Reserve really are not concerned about Bitcoin yet. They still see it as too insignificant to be any threat to them. If they ever do become concerned it will be far too late at that stage for them to do anything about it.
full member
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September 24, 2017, 01:45:20 AM
#2
The federal reserve compared to bitcoin is like a big elephant compared to an ant.  To destroy the bitcoin there would be necesary some laws form the government, but becasue bitcoin is good for the economy of the world this is not going to happen. So the answer is yes, the Federal Reserve could do this but it wont.
If you were an elephant would you destroy an ant? Smiley
full member
Activity: 317
Merit: 110
September 23, 2017, 02:53:49 AM
#1
My only big worry about bitcoin:

The Federal Reserve; the people who own the US government(and the mightiest military), have much to loose when bitcoin goes global mainstream.
We are starting to see some possible tactics with recent statements by fraudster fed associate Jamie Dimon.

Asside from turning off the internet what else are these thieving pricks likely to do?
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