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Topic: Regulator assholes!!! - page 2. (Read 1129 times)

hero member
Activity: 699
Merit: 501
May 15, 2015, 05:22:14 AM
#6
And to prove that this is a good thing for Bitcoin, let me quote this:

Quote
"This is not to facilitate crime, this is to protect privacy. There are some customers that will bring more balances if we do this and there are some customers who have said we will work with you if you do this."

Now, is that not a good thing?  Wink

As HI-TEC99 stated, it wouldn't be out of their jurisdiction. Germany would be a safer bet if they really cared for privacy
sr. member
Activity: 462
Merit: 250
May 15, 2015, 05:21:00 AM
#5
That wiki leaks guy refuses to go to Switzerland because the US government might have him extradited to the USA from there. If the US wants to prosecute Xapo it could extradite the owners from Switzerland and probably shut down the operation through some legal means. Xapo should choose a country where there is no chance of extradition to the USA.

What wiki leaks guy?
I haven't heard of this before.
What happened exactly?
Got a link to that?
sr. member
Activity: 462
Merit: 250
May 15, 2015, 05:19:38 AM
#4
And to prove that this is a good thing for Bitcoin, let me quote this:

Quote
"This is not to facilitate crime, this is to protect privacy. There are some customers that will bring more balances if we do this and there are some customers who have said we will work with you if you do this."

Now, is that not a good thing?  Wink
legendary
Activity: 2772
Merit: 2846
May 15, 2015, 05:19:30 AM
#3
Is Switzerland out of their jurisdiction?

That wiki leaks guy refuses to go to Switzerland because the US government might have him extradited to the USA from there. If the US wants to prosecute Xapo it could extradite the owners from Switzerland and probably shut down the operation through some legal means. Xapo should choose a country where there is no chance of extradition to the USA.
sr. member
Activity: 462
Merit: 250
May 15, 2015, 05:17:06 AM
#2
Xapo leaves California for Switzerland - due to dumb cops.
http://www.coindesk.com/xapo-switzerland-privacy-concerns/

Well, I think the Finance police (Calvery, Lawsky and their buddies) have given every reason for Bitcoin enterprises to pack it up and leave the US.  They couldn't wait for need to arise, instead they decided to stick their heads up everyone's ass before trouble begins.  No more effective way to get people to say 'Adios!'  Stupid fucking cops.  

Way to put out the fire!!!  London is trying to do the opposite.  In 20 years, everyone will be talking about how the US let bitcoin technology go offshore.

Well, personally I think it's a good thing.
Why do I say that?

Well, now everybody will realize that the U.S. is no place to be because you will always be depressed.
So, they all leave, go where they can actually operate and be (more) free.
Oh, and the good part: The U.S. government wont be able to do jack shit because it's out of their jurisdiction.

Lesson we have learned?
Bitcoin will continue to operate within or without the U.S. because Bitcoin is universal  Wink
legendary
Activity: 1386
Merit: 1000
KawBet.com - Anonymous Bitcoin Casino & Sportsbook
May 15, 2015, 05:12:31 AM
#1
Xapo leaves California for Switzerland - due to dumb cops.
http://www.coindesk.com/xapo-switzerland-privacy-concerns/

Well, I think the Finance police (Calvery, Lawsky and their buddies) have given every reason for Bitcoin enterprises to pack it up and leave the US.  They couldn't wait for need to arise, instead they decided to stick their heads up everyone's ass before trouble begins.  No more effective way to get people to say 'Adios!'  Stupid fucking cops.  

Way to put out the fire!!!  London is trying to do the opposite.  In 20 years, everyone will be talking about how the US let bitcoin technology go offshore.
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