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Title: Now you can't freeze their assets, what tools do we have left? Post by: TiagoTiago on July 04, 2011, 09:55:43 PM When Bitcoin gets big enough, plenty of those asshole dictators out there will start using it instead of gold, dollars etc.
Alright, we aren't gonna do anything to undermine the power Bitcoin gives us; so, what tools do we have to try to force those evildoers to behave, and in which order do you suggest we use them? Title: Re: Now you can't freeze their assets, what tools do we have left? Post by: myrkul on July 04, 2011, 10:07:33 PM Economic restrictions work just as well with Bitcoin as with any currency, Just don't sell to the nasty Dictator.
Title: Re: Now you can't freeze their assets, what tools do we have left? Post by: TiagoTiago on July 04, 2011, 10:45:18 PM And how do you stop others from doing that? How do you monitor companies, countries etc?
Title: Re: Now you can't freeze their assets, what tools do we have left? Post by: myrkul on July 04, 2011, 10:47:21 PM You tell them 'Don't, this is a bad man'
It's up to them to do or not. Welcome to the Free market. Title: Re: Now you can't freeze their assets, what tools do we have left? Post by: TiagoTiago on July 04, 2011, 10:50:38 PM So it's busyness as usual except the first weapon is not as strong?
Title: Re: Now you can't freeze their assets, what tools do we have left? Post by: myrkul on July 04, 2011, 10:53:49 PM Well, that, and the only way they can get Bitcoins is voluntary transactions, so...
Self-enforcing system. Title: Re: Now you can't freeze their assets, what tools do we have left? Post by: Arrow on July 05, 2011, 02:58:25 AM You can't freeze their assets, but you can place an embargo and other sanctions against them.
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