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Topic: What if Putin / Obama says no ? - page 2. (Read 979 times)

legendary
Activity: 3472
Merit: 4801
April 25, 2013, 09:42:32 AM
#4
What will happen to cryptocurrencies (BTC) if when these 2 disc jockey's say, no more bitcoin ?!

Do You even care of what they think of it ?!
 Roll Eyes

In the U.S., creating a law requires more than just the President.

First you have to find at least one Congressman to write/submit the bill.

Then you generally need multiple Congressmen to agree on it for it to get through a committee.

Then you need the Speaker of the House to be willing to bring it to the floor.

Then you need approximately 218 Representatives to vote in favor of it.

Then you need the Senate to be willing to bring it to the Floor.

Then you need 60 Senators to be willing to allow the bill to be brought up for a vote.

Then you need 51 Senators to be willing to vote in favor of the bill.

Then you need the President to be willing to sign the bill rather than veto it.

I'm not saying all this can't or won't happen.  I'm just saying that there's a lot more involved than just what the disk jockey thinks of it.
newbie
Activity: 14
Merit: 0
April 25, 2013, 09:30:35 AM
#3
First of all the second most powerful man on earth is no longer the Russian President but the Chinese one; Xi Jinping.

Second; The whole point is that we do not need the government, bitcoin for many reasons one being that we do not need central banks to tell us how the money supply should be controlled.
legendary
Activity: 2142
Merit: 1010
Newbie
April 25, 2013, 09:25:02 AM
#2
What will happen to cryptocurrencies (BTC) if when these 2 disc jockey's say, no more bitcoin ?!

Do You even care of what they think of it ?!
 Roll Eyes

Fixed that for you.
newbie
Activity: 8
Merit: 0
April 25, 2013, 09:22:49 AM
#1
What will happen to cryptocurrencies (BTC) if when these 2 disc jockey's say, no more bitcoin ?!

Do You even care of what they think of it ?!
 Roll Eyes


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