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Title: What do you believe is the reason bitcoin is facing opposition? Post by: ironstove on May 15, 2013, 01:10:10 AM Such as recent action against dwolla being unable to do business with mtgox due to a court order, banks refusing to do service or transfer funds for bitcoin related businesses and such?
I know some believe it is because the banks and governments feel threatened by btc and want to shut it down, but what other motives might there be besides that? Title: Re: What do you believe is the reason bitcoin is facing opposition? Post by: cdog on May 15, 2013, 09:26:48 AM Authorities always want to strangle that which they cannot control.
But the Bitcoin train has left the station, and it cant be stopped. They could shut down Gox, BTC-e, XYZ exchange whatever, new ones will pop up like its a game of wack a mole: http://en.wikipedia.org/wiki/Whac-A-Mole Furthermore, you will ALWAYS be able to buy Bitcoins locally from the people who mine them: https://localbitcoins.com/ They cannot stop the BTC transactions themselves from being conducted. They can disrupt Bitcoin and try to slow its growth down, but it cannot be stopped, period. Title: Re: What do you believe is the reason bitcoin is facing opposition? Post by: aceking on May 15, 2013, 09:35:19 AM banks want to control every financial transaction
Title: Re: What do you believe is the reason bitcoin is facing opposition? Post by: runam0k on May 15, 2013, 10:04:03 AM banks want to control every financial transaction ^ This. |