Bitcoin Forum

http://www.forbes.com/sites/petercohan/2013/05/29/after-liberty-reserve-shut-down-is-bitcoin-next/

Good luck  :D

To compare Liberty Reserve with Bitcoin is like comparing a Greengrocer with an apple.

The headline doesn't even make sense. More FUD and lazy journalism!

No.

yes. and after bitcoin internet will be next ;)

Right after BitTorrent ;)

"I want to make clear that today's action does not mean that we are trying to eliminate virtual currencies and their providers." - Treasury Undersecretary for Terrorism and Financial Intelligence, David S. Cohen

This is crazy, they might as well shut down USD printing press since the largest money laundering done will definitely be in USD!

Bitcoin is such a different thing. I'm not sure a comparison is valid. In any case, taking down a peer to peer network is much harder. A better metaphorical title might be... "Tigers on verge of extinction, are cockroaches next?"

Betteridge's law of headlines
From Wikipedia, the free encyclopedia

Betteridge's law of headlines is an adage that states, "Any headline which ends in a question mark can be answered by the word no." It is named after Ian Betteridge, a British technology journalist,[1] although the general concept is much older.[2] The observation has also been called "Davis' law"[3][4] or just the "journalistic principle."[5]

http://en.wikipedia.org/wiki/Betteridge%27s_law_of_headlines

I think the better question would be, After Libery Reserve, are Bitcoin exchanges next?

Liberty Reserve was incorporated in Costa Rica, and they grabbed his ass. One article I read said that one of the guys they had gave up his US citizenship in fact. The whole thing is pretty interesting. It definitely seems like a step towards attacking Bitcoin as the next enemy to the state. But good luck.

btc-e will be next...

if you notice they are going for those that do not have a verification process, and so are open to dodgy dealings...

they are in Russia. Russia rarely bow downs

Like this?

Cover of National Geographic:

http://www.darwinthenandnow.com/wp-content/uploads/2010/03/04-Was-Darwin-Wrong-NG.jpg

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Turn page:

http://wp.patheos.com.s3.amazonaws.com/blogs/friendlyatheist/files/2006/06/natgeo2.jpg

Ah, no ... whoever said that is an idiot. This is the fundamentally flawed reasoning underlying many of the misguided prognostications and actions we see in this area. If it is the job of the financial system to do all this criminal catching and law enforcement ... what the heck do we need cops for?

It is only since the arrival of digital ledger-based money such concepts are even entertained. How ridiculous would it be to point at a gold coin or a dollar bill and say "this money ought to be stopping criminal gangs from roaming the globe doing bad stuffs to us all!"? They have conflated the payments system function of digital money with the value systems, moral dogma and legal systems. It is now one unholy, unworkable mess that will inevitably cease to function as a payments system, or as a monetary system.

Let law enforcement do law enforcement well and let monetary systems do monetary functions well ... conflating the two is just making cops lazy and getting monetary systems bogged down in an impossible quest for utopia that will ultimately become dysfunctional as money.