Topic: Prepare To Give Up All Private Data For Any Gold Purchase Over $100 (Read 1396 times)
First they came for the Pawn Shop owners and their customers......
February 20, 2011, 11:16:34 AM
I just hope they don't start cracking down on the sale of gold through a certain purple-peace-signed Internet classified webpage.
February 20, 2011, 12:02:23 AM
http://www.zerohedge.com/article/prepare-give-all-private-data-any-gold-purchase-over-100
This is why Bitcoin is the only way to go for the tough times ahead. Invented just in time as it seems. History has a funny way of working.
This is why Bitcoin is the only way to go for the tough times ahead. Invented just in time as it seems. History has a funny way of working.
Maybe I misunderstood, but when I read the actual text of the bill, it sounded like a law that mainly required the collection of information for anyone selling gold to a pawnshop. That is, it required collecting information about the seller. The bill didn't seem to say it applied to anyone selling any gold for any reason, it sounded like it was specifically meant to apply to pawnshops and to people who make a living out of trading second-hand goods like guns and gold. To the extent it meant buying - who in their right mind would ever buy gold from a pawn shop as a way to preserve wealth?
Otherwise, jewelry stores would have to start fingerprinting their customers. Could you imagine that? I'm sure they'd start making noise if that's what this really meant.
From my understanding, this was no more a currency control bill than it is a gun control bill.
February 19, 2011, 11:27:43 PM
http://www.zerohedge.com/article/prepare-give-all-private-data-any-gold-purchase-over-100
This is why Bitcoin is the only way to go for the tough times ahead. Invented just in time as it seems. History has a funny way of working.
This is why Bitcoin is the only way to go for the tough times ahead. Invented just in time as it seems. History has a funny way of working.
Well there will always be black market gold, but it wont be as easy to trade as bitcoins.
February 19, 2011, 10:47:06 PM
http://www.zerohedge.com/article/prepare-give-all-private-data-any-gold-purchase-over-100
This is why Bitcoin is the only way to go for the tough times ahead. Invented just in time as it seems. History has a funny way of working.
This is why Bitcoin is the only way to go for the tough times ahead. Invented just in time as it seems. History has a funny way of working.
Jump to: