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Topic: Gov and Fed supression of BTC and BTC partners (Read 1075 times)

newbie
Activity: 27
Merit: 0
and it is gonna be harder in the future. Gov and Fed will supress any alter currency or try to connect them with banking system.
newbie
Activity: 7
Merit: 0
They funds they seized were from dwolla users. I think it was because dwolla didn't have all the necessary permits of a US financial institution. I believe they are working on that though. Mtgox is chillin  Cool
newbie
Activity: 27
Merit: 0
This is it. We do not need connection to real banks. We need own bit bank with account, cards, etc.
sr. member
Activity: 265
Merit: 250
So you know that US accounts of MtGox were seized by Homeland Security. It is just first step towards....what you think? What comes in the future?

only in america  Wink
legendary
Activity: 1014
Merit: 1001
Probably right; in the US the $ (USD) is like a holy grail, other than f.i. the € in the EU. Challenging the holy grail is a sacrilege!
newbie
Activity: 21
Merit: 0
Im more worried they will target companies based in us that deal in bitcoin or bitcoin minning only. Its why i havent invested in any company based in the US.
legendary
Activity: 1014
Merit: 1001
It is too quiet about this issue? What if the btc will be banned? Shouldn´t we do something to be safe?
Banned how? Many banks already block all kinds of bitcoin trading, thats one reason why we should NOT use bank accounts. Use the Bitcoin infrastructure - avoid banks!
newbie
Activity: 27
Merit: 0
It is too quiet about this issue? What if the btc will be banned? Shouldn´t we do something to be safe?
newbie
Activity: 27
Merit: 0
Any new infoz about MtGox seizure???
newbie
Activity: 27
Merit: 0
We must be patient and steady to survive FED, Homeland Security raids etc....
member
Activity: 93
Merit: 10
there is only one way to go: up. maybe not all the time, but i would say mostly yes
newbie
Activity: 27
Merit: 0
but there will be more and more companies accepting them soon, so let´s wait....
newbie
Activity: 27
Merit: 0
and we do not know yet how will increasing amount of BTC will affect its value
legendary
Activity: 1540
Merit: 1000
Definitely, but utility companies and such unfortunately don't accept Bitcoin yet Sad
newbie
Activity: 27
Merit: 0
the gold/silver is a option...but independence is the biggest advantage
legendary
Activity: 1540
Merit: 1000
what about using btc independently without any connection to money?  Wink

I've already thought a way round this kind of regulation and government activity actually, instead of buying the paper money direct, people could trade BTC for gold/silver instead and then sell that legally on the market without them any the wiser, if you were clever enough you could even wait for the paper value of the gold/silver to rise and get more for your money.
newbie
Activity: 27
Merit: 0
what about using btc independently without any connection to money?  Wink
member
Activity: 93
Merit: 10
bitcryptonit...u r fool, sorry...once there will be banks involved, btc will be doomed
i think its the only way for them to survive, besides whats wrong in buying bitcoin from bank when they will send them to you? they will take they fee for sure but as mtgox and others.
newbie
Activity: 27
Merit: 0
bitcryptonit...u r fool, sorry...once there will be banks involved, btc will be doomed
member
Activity: 93
Merit: 10
i see future like this: we are sending demands to banks and governemts to force them to accept bitcoin and allow us to buy, sell or even store them in some cases at banks. And they have no other choice than to accept this.
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