Topic: FBI is after bitcoin? Good! - page 2. (Read 5057 times)

Do they pay you by the word?

Edit: there is no foxhunt without a fox

All regulators and authorities are not equal. Some will understand what Bitcoin is and just sorta get it and some wont understand and wont be open minded enough to try to. So there will be some who are easier to work with. I think most of the regulation should somehow be done internally if it's possible and then bring in outside help to handle stuff like extortion and scammers. It's a balance that has to be found.

Nations are made up of parts, and businesses influence those parts to bring favorable conditions to their special interests. I don't see why Bitcoin community cannot have it's friends in congress and law enforcement. It obviously should and that is how Apple went about it when trying to launch the personal computer. Apple managed to get the personal computer put in every school by working with the congress to pass laws which benefit children and that is when lawmakers finally got it. Apple was for the benefit of education of the children of America.
This is why we need complete transparency so all decisions can be reviewed. We need to know certain things like how money influences the political decisions of certain candidates and which candidates are pro cryptocurrency, which are against, and which just aren't educated enough on the subject to understand what they are saying.


They who make decisions shouldn't be making decisions for you and me, but on our behalf and according to our standards. Just as there is an Internet defense fund and just how Facebook has fwd.us or whatever, there must be both think tanks and lobbyist groups for cryptocurrencies and virtual currencies. This should not be about Bitcoin but be about the technology. It should not be about radical libertarian or anarchist politcs but purely about protecting the technology itself.

If people want to promote their political views they can join the libertarian party, or start a US version of the pirate party, but I don't think all cryptocurrencies should be linked to a specific political side because that will kill it in the womb. Most of America might be able to understand Bitcoin just fine, but they aren't going to understand some of the conspiracy theories and other stuff that gets talked about on here.

What are they going to do, come to everyone's house and take their computers away. That worked real well when they did that with BitTorrent....Oh wait!!

*Opens BitTorrent*

First thailand and now the us i think the uk will be next

Thanks for taking time to answer.

I actually agree with most of your post.

We just have a semantic divergence, you call that regulation, I call that public services, and am, even today, glad to pay taxes for those.

I also understand we need to delegate some responsabilities, and need people we trust to decide for us on small matters.
But I think everyone should be able to talk to those representants to complain or issue congratulations easily. Nations are way too big to acheive this.

And above all, those people who we trust to decide for us, should systematically evaluated by those who trusted them, once their time is over. And people should be allowed to vote on how many years the "leader" and his team should rot in prison, judging his overall performance in taking decisions.

This would hopefully turn away all the greedy fucks that currently take decisions for you, and for me.

Yes. I accept some regulation otherwise we'd all be killing each other over road rage.
That does not mean I want my personal life regulated, and if you can't see the difference then you're being an extremist about it.

As far as trusted authorities go, you trust the authority of the red light to mean stop and you stop to avoid an accident or is that regulation worse than when there were no lights?

Do you prefer we let drunk drivers get behind the wheel because it's a regulation expense?

What about when you use SSL and you deal with the certificate authority, isn't that a trusted authority that you count on to encrypt your data?

You cannot have any order and any system if there are no regulations at all. If there are no regulations then violence becomes the form of communication and regulation, and accidents are far more likely to happen when there are no rules.

I don't want the government involved in my personal life, most people don't.
There are places where I do want the government involved but those places are not my personal life.

The final question for you is this, if you're so against regulation if you were facing extortion and threats would you call the police or would you deal with it yourself?

If you expect to be able to call the police then you want regulation.

So you don't trust governments, but want to be regulated by authorities.
Care to give me a little more insight about those trusted authorities you're talking about? 

you live in US who cares you cannot have effect on these policy so Dea is big supplier of drugs and now same happen to bitcoin they want to go this up and their commission just this is

That is true man.. Just look at the History of the DEA and drugs..  You think the DEA whats drugs to go away?   Hell I think they are even in on it..

Its all a damn Sham..   And I live in the US..

All of these posts are FUD. If the US was trying to stop Bitcoin so would all of it's allies so there would be no where to go. But the US wont try to stop Bitcoin for the same reason Russia and China haven't stopped the Internet. Bitcoin is just too useful, and too important to be stopped.

Government regulation on the other hand is welcome. People who don't want any regulation are the ones fear mongering because they are worried about their Silkroad being shut down but the vast majority of people coming into Bitcoin now are speculators, investors, business owners, gamblers, but not the drug addicted paranoid of the government crowd who were into Bitcoin in 2011-2012.  Bitcoin now is in a completely different era and while it's still early adopter innovator stage the attitudes will change over time.

The originators were cypherpunk grad student and hacker types. Then you had the drug users and dark net types who came in right around the time when Bitcoin was announced to be supported by Wikileaks (which also happend to be the time that Satoshi left the scene). Then you had Gavin speaking with the CIA in 2012 right around the peak of the Bitcoin darknet era. That was also a few months after the FBI report which you can find on Wired.

Now the era is changing into the more professional era where you have businesses forming, people actually are getting rich now and speculators and a new generation of innovators are becoming involved. The new generation have the goal of mainstreaming Bitcoin and of upping the price as much as possible because the new generation are businessmen. Previous generations who were more about being pseudo-revolutionaries (the darknet generation) or the technological intellectuals (the satoshi generation), have differing views. Some of the satoshi generation want Bitcoin to be mainstream because they have or will have millions of dollars worth in Bitcoin and its all useless if they cannot spend it anywhere except on Silkroad.

These people want to be able to live on Bitcoins and you simply cannot do that if it's not regulated.  Then you have the revolutionaries and darknet crowd who never intended to have any legitimate use for the currency and who just want some anonymous form of money for their revolution or to buy drugs. And the newest generation the professionals are busy trying to push Bitcoin into the mainstream so their businesses can profit and they can become millionaires like the satoshi generation, and generally speaking they don't care about Silkroad.

There are different common reasons why people get involved with Bitcoin but I'll list some.

1. The beauty of the technology. (this reason attracts the college students and nerds)
2. The politics, how it protects civil liberties. (this is what attracted the darknet generation and they are concerned with Wikileaks, funding Snowden, and all that)
3. The people who want to start their own businesses and never have to work a 9-5 again (the people who saw Bitcoin as attractive to invest in, or who want to run businesses).

It's possible to be part of all three camps but it's important to know there are different camps and all camps support Bitcoin for different reasons. The political darknet oriented camps are the only ones in my opinion who are terrified of regulation. For their camp it's an existential threat and goes against every reason they are involved with Bitcoin.

It is my opinion that the governments are really only targeting that crowd. If you're into Bitcoin because you want to fund Wikileaks or give money to Snowden then don't be surprised if you get put on some FBI watch list. The regulation is not being put in place because the government is worried about Charlie Lee at Coinbase, or about mom and pop investor trying to shift some of their savings into Bitcoin. The FBI/DHS are targeting the people who are part of the dark net generation going around talking about how the government is evil and how revolution is necessary.

For the record I don't trust the government either but I also don't agree with some of the extreme and stupid positions I read sometimes. Regulation for me wouldn't be so bad and if you're so afraid of regulation perhaps you have something you're trying to hide from the authorities but not all of us do.

even Fes supported or no when they want to destroy they do this its their hobby destroy good things for selfishness

Well you should as their policies tend to transcend borders. I'm not quite sure what to make of this news just yet, although it's blatant obvious that the Fed's never supported BTC.

absolutely right and good

lol damn 

+1

That's why we need to educate.

They might even ask for an annual bitcoin budget... They need to be insiders to fight the evil, right ?

The war on Bitcoin will do to the Bitcoin price what the War on drugs has done to the price of drugs.

The U.S. has an agency called the Drug Enforcement Agency (DEA). It's job is to fight and win a "war on drugs."

They have utterly, undeniably failed, yet they keep marching right along.

Never underestimate the fortitude of bureaucratic inertia.