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Bitcoin => Bitcoin Discussion => Topic started by: BigGameCAsino on September 10, 2014, 11:06:31 AM



Title: Won't governments try to kill Bitcoin?
Post by: BigGameCAsino on September 10, 2014, 11:06:31 AM
If dollar currency will be killed, government will surely be in chaos. So, Is the government trying to kill bitcoin too?


Title: Re: Won't governments try to kill Bitcoin?
Post by: BitCoinNutJob on September 10, 2014, 11:28:08 AM

Remember they arent a 100% evil controlling group who consciously try and screw us over in every single situation although this does happen very often.  They have a decent level of control and elites use them as a very effective tool to manipulate us.

Elites have the power and they have almost unlimited funds to invest in new things, i cant believe they are totally anti new things.
 


Title: Re: Won't governments try to kill Bitcoin?
Post by: blatchcorn on September 10, 2014, 11:36:43 AM

Remember they arent a 100% evil controlling group who consciously try and screw us over in every single situation although this does happen very often.  They have a decent level of control and elites use them as a very effective tool to manipulate us.

Elites have the power and they have almost unlimited funds to invest in new things, i cant believe they are totally anti new things.
 
Illuminati confirmed.  ;)

In all seriousness you are right.  Governments did not try to kill radio, TV or the internet.  It is likely they will do the best to regulate it, rather than kill it. Besides, if they wanted to kill it they would have done so a long time ago


Title: Re: Won't governments try to kill Bitcoin?
Post by: expert4knowledge on September 10, 2014, 11:41:04 AM

Remember they arent a 100% evil controlling group who consciously try and screw us over in every single situation although this does happen very often.  They have a decent level of control and elites use them as a very effective tool to manipulate us.

Elites have the power and they have almost unlimited funds to invest in new things, i cant believe they are totally anti new things.
 
Illuminati confirmed.  ;)

In all seriousness you are right.  Governments did not try to kill radio, TV or the internet.  It is likely they will do the best to regulate it, rather than kill it. Besides, if they wanted to kill it they would have done so a long time ago
But they may place strict regulations for controlling it if it becomes more popular.


Title: Re: Won't governments try to kill Bitcoin?
Post by: Mr Tea on September 10, 2014, 11:44:00 AM
And they would kill it how exactly and under what grounds? You'd have to shut down the internet to stop it.


Title: Re: Won't governments try to kill Bitcoin?
Post by: lihuajkl on September 10, 2014, 12:31:54 PM
The elites are regulating us through printing notes. They won't let it die rather than to kill bitcoin to keep fiat alive.


Title: Re: Won't governments try to kill Bitcoin?
Post by: barbarousrelic on September 10, 2014, 12:44:25 PM
They could surely try, with varying possible degrees of success.

They could make it illegal for any banks to do any business with Bitcoin exchanges, which might stop large Bitcoin buyers in countries where this was made illegal. This could cause a significant drop in the value of Bitcoin.

However, they could not prevent smaller scale Bitcoin transactions from taking place without implementing a 1984-style police state and completely destroying the concept of free speech.  That isn't going to happen, and if it does, Bitcoin is the least of our problems. (After all, Bitcoin is just people sending messages to each other.)


Title: Re: Won't governments try to kill Bitcoin?
Post by: Poorri on September 10, 2014, 12:58:02 PM
It's a lossing game, Bitcoin cannot be killed.


Title: Re: Won't governments try to kill Bitcoin?
Post by: Jamie_Boulder on September 10, 2014, 01:14:29 PM
It's a lossing game, Bitcoin cannot be killed.
Correct but it can be deregulated and outlawed, china is a good example of this.

Also considering that 90% of people are in Bitcoin because they believe it's an "investment" *shakes head* this would effect the value, popularity & mining.


Title: Re: Won't governments try to kill Bitcoin?
Post by: SOAD on September 10, 2014, 01:24:31 PM
This thread immediately made me think of this: https://www.youtube.com/watch?v=WMQg546agpU


Title: Re: Won't governments try to kill Bitcoin?
Post by: jjc326 on September 10, 2014, 01:52:11 PM
I think if it gets too big and an actually competitor to the dollar then yes govt. will try to limit access to Bitcoin.  No, govt. can't "KILL" Bitcoin but it can really hurt it by limiting access to Bitcoin sites.  Imagine, they would limit access to sites like this one even.  If the dollar goes down, I think anything goes.


Title: Re: Won't governments try to kill Bitcoin?
Post by: Strawbtcerries on September 10, 2014, 03:12:50 PM
This has been talked before, no way to effectively kill bitcoin, calm down.


Title: Re: Won't governments try to kill Bitcoin?
Post by: Beliathon on September 10, 2014, 03:58:17 PM
This has been talked before, no way to effectively kill bitcoin, calm down.
There is actually, but it would involve eradicating the human species at this point. I don't think any governments would go THAT far.


Title: Re: Won't governments try to kill Bitcoin?
Post by: 2double0 on September 10, 2014, 04:03:53 PM
This has been talked before, no way to effectively kill bitcoin, calm down.

If the internet or electricity is down so is bitcoin.


Title: Re: Won't governments try to kill Bitcoin?
Post by: LitcoinCollector on September 10, 2014, 08:34:59 PM
If there is a situation where the internet or electricity goes down so we can't maintain bitcoin, then my guess is that, in this situation, printed paper is of no value as well.


Title: Re: Won't governments try to kill Bitcoin?
Post by: Beliathon on September 10, 2014, 08:45:16 PM
To borrow a phrase from Bruce Fenton:

If the tyrants of the future knew today how the blockchain would change the world, they would kill every single one of us to stop it. I am not being hyperbolic. Fortunately for us, they don't have that foresight, and there's too many Bitcoin followers now in any case.

Bitcoin represents nothing short of regicide of modern financial kings. It's an usurpation of the sovereignty of the state, by seizing control over money, devolving* sovereignty to the individual level. In centuries past they would have solved a problem like this by lopping heads off. Can't do that in the information age.

*this is meant as compliment, not insult. Individual sovereignty is social evolution from a world governed by the violence of nations.


Title: Re: Won't governments try to kill Bitcoin?
Post by: oceans on September 10, 2014, 09:00:27 PM
They will try everything in their power to kill it that is for sure. Bitcoin is something they are unable to control like they do USD meaning people are free to do what they wish with it and the government hates that. If the government could either kill it or control it and regulate it they would.


Title: Re: Won't governments try to kill Bitcoin?
Post by: giveBTCpls on September 10, 2014, 09:06:04 PM
They would need to put so much effort that it's simply a stupid goal for them. They would need to literally shut down the entire internet to effectively kill Bitcoin. They know this is stupid thats why they aren't even trying. They are just thinking people will not end up using it too much, too bad they are fucked because it will end up going mainstream.


Title: Re: Won't governments try to kill Bitcoin?
Post by: counter on September 10, 2014, 10:09:24 PM
If dollar currency will be killed, government will surely be in chaos. So, Is the government trying to kill bitcoin too?

There has been talk or a world reserve currency for a long time.  The dollar being killed is just one of the ways the bankers have decided to remove America from it's position of power.  Then they can back a new leader(China).  They will then continue to do business as usual in order to get more control.  Bitcoin is likely being targeted but the chances of it being killed is up in the air at this time, it could go either way but likely not to happen IMO.  I feel this way mainly because they have many other things to worry about and they don't have control over Bitcoin like they do with paper currencies.



Title: Re: Won't governments try to kill Bitcoin?
Post by: Erdogan on September 11, 2014, 01:20:48 AM
Department of love - the military
Department of truth - main stream media
Department of abundance - the fed


Title: Re: Won't governments try to kill Bitcoin?
Post by: enhu on September 11, 2014, 01:29:52 AM
I haven't thought that far though. 51% would be thier best option.


Title: Re: Won't governments try to kill Bitcoin?
Post by: flavid on September 11, 2014, 01:43:24 AM
 - They successfully killed off Tesla's free electricity Tower -- and any other free energy sources after that.
 - They failed to kill off the internet
 - They failed to kill off Bitcoin

Things are looking good.

I have a theory that some forces out there are preventing the elites from doing everything they want.

They assassinated Lincoln when he tried to make his own currency (Greenbacks)
They assassinated JFK when he tried to make his own currency (United States Note)
They assassinated SAdam Husein when he tried to convert Petro-dollar (into Euros)
They assassinated Gadafi when he tried to make his own currency (Gold Dinar)
They assassinated Mubarak when he tried to join Gadafi
They assassinated Hugo Chavez when Venezuela dared to sell their oil to China for the Yuan (not petro-dollar)


They are assassinating evry threat to the almighty Dollar.
But them scratching their heads, having no idea how to kill off Bitcoin is a GREAT sign.


Long Live bitcoin!


Title: Re: Won't governments try to kill Bitcoin?
Post by: djnocide on September 11, 2014, 01:47:45 AM
- They successfully killed off Tesla's free electricity Tower -- and any other free energy sources after that.
 - They failed to kill off the internet
 - They failed to kill off Bitcoin

Things are looking good.

I have a theory that some forces out there are preventing the elites from doing everything they want.

They assassinated Lincoln when he tried to make his own currency (Greenbacks)
They assassinated JFK when he tried to make his own currency (United States Note)
They assassinated SAdam Husein when he tried to convert Petro-dollar (into Euros)
They assassinated Gadafi when he tried to make his own currency (Gold Dinar)
They assassinated Mubarak when he tried to join Gadafi
They assassinated Hugo Chavez when Venezuela dared to sell their oil to China for the Yuan (not petro-dollar)


They are assassinating evry threat to the almighty Dollar.
But them scratching their heads, having no idea how to kill off Bitcoin is a GREAT sign.


Long Live bitcoin!

It's hard to kill something so wide-spread. when it's just one entity, it's easier. The best way to kill it would be to but enough restriction on its use, that people don't want to use it.


Title: Re: Won't governments try to kill Bitcoin?
Post by: Gronthaing on September 11, 2014, 01:49:33 AM
Governments aren't monolithic things. There are always competing interests there and in society as a whole. Sure, as much as possible they will try to keep it under control so that it's not a threat to them, on the one hand. On the other, other interests will be looking to take advantage of Bitcoin for their own gains.

A bit off-topic, but what do you guys think about Ecuador's decision to adopt a cryptocurrency?


Title: Re: Won't governments try to kill Bitcoin?
Post by: fulgurite on September 11, 2014, 03:23:47 AM
Department of love - the military
Department of truth - main stream media
Department of abundance - the fed


as far as i see, gov won't kill bitcoin, at least not now
because it really has monetary attribute, just like paper dollars.
and it attracts people's attention, people do like it


Title: Re: Won't governments try to kill Bitcoin?
Post by: Billbags on September 11, 2014, 04:00:42 AM
Government wont kill bitcoin. I'm sure they will regulate it by not allowing us to control the private keys. Bankers will operate a Federal "Mycelium" type wallet system that we can use but the private keys will be kept where the government has ultimate control over them.



Title: Re: Won't governments try to kill Bitcoin?
Post by: digitalindustry on September 11, 2014, 02:00:59 PM

Remember they arent a 100% evil controlling group who consciously try and screw us over in every single situation although this does happen very often.  They have a decent level of control and elites use them as a very effective tool to manipulate us.

Elites have the power and they have almost unlimited funds to invest in new things, i cant believe they are totally anti new things.
 
Illuminati confirmed.  ;)

In all seriousness you are right.  Governments did not try to kill radio, TV or the internet.  It is likely they will do the best to regulate it, rather than kill it. Besides, if they wanted to kill it they would have done so a long time ago

ha ha -:

1. first off "government" + "The West" = Corporations that purchased some politicians.

2. Lol TV Radio, they created this , you are obviously younger than 30 year  of age.

3. The "internet" was seen as a "threat" around the mid 90's after that the "dot com" bust occurred and out of that came the NSA ahhh i mean Google and a few big players.


but you are correct - Governments are not negative towards things, its just about finding an actual independent government,  Ecuador seems to fit the bill so far.

obviously the "BRICS" and SCO have various degrees of "independent" governments.
 


Title: Re: Won't governments try to kill Bitcoin?
Post by: djnocide on September 11, 2014, 04:34:20 PM
The best way to control a population is to keep them in the dark and take away their knowledge. If they can't see and they don't know, they can' question you actions or your speech.


Title: Re: Won't governments try to kill Bitcoin?
Post by: Blinken on September 11, 2014, 05:16:30 PM
You Think ?

http://stickerish.com/wp-content/uploads/2012/03/YouDontSayBlackSS.png


Title: Re: Won't governments try to kill Bitcoin?
Post by: bornil267645 on September 11, 2014, 05:20:41 PM
As long as, there are fools to fight for Bitcoin. It will be invincible.


Title: Re: Won't governments try to kill Bitcoin?
Post by: Beliathon on September 11, 2014, 05:21:19 PM
Forgive me for quoting myself, but I hit the nail on the head with this post:

Unfortunately the greed that controls the legacy banking system with their printed legal tender cronies will have a whole lot to say about this
They [governments] will indeed have a great deal to say. But for the first time in history they can't say it while pointing a gun at the competition.

And with each passing day the world will listen to them less and less. With each new financial crisis the world will get sicker and sicker of hearing their lies.

With each new violent act the world will tire more and more of supporting their blood money. The banksters' days are numbered friends, believe me.

This is the end for them. A total paradigm shift. This is the beginning for the rest of us. Take heart, brothers and sisters.

http://uafs.edu/sites/default/files/COB/images/face%20the%20world.jpg

We are the future, and they are the past.



Title: Re: Won't governments try to kill Bitcoin?
Post by: keithers on September 11, 2014, 05:37:10 PM
I don't think that governments will come out and directly admit that they are going to try and kill BTC, they will use the media to make BTC look bad, and then they will act like they are doing their people a favor by regulating it to death.


Title: Re: Won't governments try to kill Bitcoin?
Post by: keithers on September 11, 2014, 05:37:36 PM

Who is this?  Is this Nicholas Cage?


Title: Re: Won't governments try to kill Bitcoin?
Post by: moriartybitcoin on September 11, 2014, 05:40:06 PM
They won't kill it - they will regulate and control it.  They will also try to manipulate the price (as they do with gold) to keep the value of Bitcoin 'under control'


Title: Re: Won't governments try to kill Bitcoin?
Post by: moriartybitcoin on September 11, 2014, 05:49:17 PM
- They successfully killed off Tesla's free electricity Tower -- and any other free energy sources after that.
 - They failed to kill off the internet
 - They failed to kill off Bitcoin

Things are looking good.

I have a theory that some forces out there are preventing the elites from doing everything they want.

They assassinated Lincoln when he tried to make his own currency (Greenbacks)
They assassinated JFK when he tried to make his own currency (United States Note)
They assassinated SAdam Husein when he tried to convert Petro-dollar (into Euros)
They assassinated Gadafi when he tried to make his own currency (Gold Dinar)
They assassinated Mubarak when he tried to join Gadafi
They assassinated Hugo Chavez when Venezuela dared to sell their oil to China for the Yuan (not petro-dollar)


They are assassinating evry threat to the almighty Dollar.
But them scratching their heads, having no idea how to kill off Bitcoin is a GREAT sign.


Long Live bitcoin!

Agreed on all this but it is very easy for the US government to control/regulate Bitcoin without needing to kill it off. It might even prove useful for them - after all, the CIA/NSA always needs an untraceable source of funding for black ops, and Bitcoin could provide that.

They WILL try to manipulate the price, which is easy to do simply by buying/selling in large quantities.

They MIGHT position themselves for a 51% attack should Bitcoin ever become a real threat to the dollar, which at the moment, it is not ...


Title: Re: Won't governments try to kill Bitcoin?
Post by: Beliathon on September 11, 2014, 06:10:40 PM
Who is this?  Is this Nicholas Cage?
That is a drawing of a picture that resembles Nick Cage, yes.


Title: Re: Won't governments try to kill Bitcoin?
Post by: dankkk on September 11, 2014, 11:09:28 PM
Government wont kill bitcoin. I'm sure they will regulate it by not allowing us to control the private keys. Bankers will operate a Federal "Mycelium" type wallet system that we can use but the private keys will be kept where the government has ultimate control over them.


It is not possible for the government to prevent us from controlling our private keys. All a private key is a very large string of numbers saved, usually in encrypted form. This would be very simiilar to saying the government would restrict what we are able to think about.


Title: Re: Won't governments try to kill Bitcoin?
Post by: bitc0in on September 12, 2014, 03:28:28 AM
I don't believe in fantasies,If bitcoin is created and probably theres a way it could be killed.In the sense that not fully close down the network but regulate some serious boundries to it's usage.We need not worry about the bitcoin kill but if the government wants the price may again fall down back to 2011 perhaps :-X


Title: Re: Won't governments try to kill Bitcoin?
Post by: gamblethis on September 12, 2014, 04:02:31 AM
This has been talked before, no way to effectively kill bitcoin, calm down.

If the internet or electricity is down so is bitcoin.

And so is the dollar.


Title: Re: Won't governments try to kill Bitcoin?
Post by: justusranvier on September 12, 2014, 08:24:19 AM
Yes, government will try to kill Bitcoin.

That's how we'll know Bitcoin is worthwhile and effective.


Title: Re: Won't governments try to kill Bitcoin?
Post by: bitcoinwilldie on September 12, 2014, 10:25:55 AM
Yes, gov will kill it.   NO gov will allow a currency out of control.


Title: Re: Won't governments try to kill Bitcoin?
Post by: minerpumpkin on September 12, 2014, 12:43:26 PM
It depends on the agenda of the government. If you're assuming there's a government that isn't interested in completely controlling the population (conspiracy theorists, please stop reading here :) ) you may just go and assume that they just 'let Bitcoin be'. They can observe and see what it brings, and maybe even provide a regulatory framework in order to profit from the economic growth it brings.


Title: Re: Won't governments try to kill Bitcoin?
Post by: justusranvier on September 12, 2014, 02:12:04 PM
Yes, gov will kill it.   NO gov will allow a currency out of control.
They will try, and they will fail.


Title: Re: Won't governments try to kill Bitcoin?
Post by: CtrlAltBernanke420 on September 12, 2014, 02:57:03 PM
Bitcoin may have been a high level project created during the financial crisis and or was created long before and released into the public perhaps by a rogue entity in the gov't.

A population collapse be it cause by nature or man has the ability to turn our planet into a 1984 style police, if you want to live and eat food, here are the rules.

Cameras, facial recognition, meta-data, GPS tracking our every move, software that predicts crimes... Whether bitcoin is allowed to succeed or not is not the real threat or issue facing our freedoms. Have your freedom via bitcoin, do one thing wrong and you will be droned or locked away with a stiff 20+ year prison sentence.

Dont like it, fine, go move to some 3rd world country, have your freedom in the slums with thugs. You will never enjoy the fruits of beautiful women, luxury toys IE yatchs, condos, nice homes, vacations, fancy food, engaging relationships.

If you want those things you better be willing to dot your I's and cross your T's, and be an engineer who can build max security prisons, airplanes, robots.

We live on an alien controlled prision planet. We are mear ants mining natural and rare resources for them aliens to come down, oblitterate use like pour gasoline on an ant hill, and they will scoop up all the resources now on the surface of the planet...

Okay that last line was stretch, but the rest is the world today and likely to be the world 10-20 years from now... Drones, violence, wealth inequality are likely to continue without a hitch for atleast the next 15-20 years. It is hard to predict beyond that.


Title: Re: Won't governments try to kill Bitcoin?
Post by: CtrlAltBernanke420 on September 12, 2014, 03:06:12 PM

People also forget to hypothesize that bitcoin can be the undoing of our 7 billion strong planet.

Something that can easily be wiped out by a solar storm, carries huge risk to an entire population, considering money via electricity is how resources are distributed. No electricity means no money which means no trade which means we all go hungry.

What would happen if all of africa made bitcoin their default currency and some hacker decides to steal every last coin from them, what do they do then? Can not call on a central bank to print money and get them back in the game asap. They are according to the free market, DONE, and this could be anyone not just those outside of america with an inferior education..

Back to a phrase many of us were taught but I think its original means has been long forgotten; if you give a man a fish he eats for a day, if you teach a man to fish, he eats for a life.......n I do not think this was meant to be a metaphor, it is meant to be literal.

How many of you know how to actually catch and eat a fish? My point exactly. It is not a metaphor about learning a skill to build a dam to earn money to buy food.

Taking another literal phrase

When all the trees have been cut down,
when all the animals have been hunted,
when all the waters are polluted,
when all the air is unsafe to breathe,
only then will you discover you cannot eat money.



Title: Re: Won't governments try to kill Bitcoin?
Post by: Beliathon on September 13, 2014, 06:56:57 PM
What would happen if all of africa made bitcoin their default currency and some hacker decides to steal every last coin from them, what do they do then?
That makes sense, because as we know, today all Africans store their wealth collectively in a giant pit they keep digging, and throwing dollars into. It therefore follows logically that they'd have all their wealth stored on one blockchain address...


Title: Re: Won't governments try to kill Bitcoin?
Post by: dankkk on September 13, 2014, 08:20:24 PM
Government wont kill bitcoin. I'm sure they will regulate it by not allowing us to control the private keys. Bankers will operate a Federal "Mycelium" type wallet system that we can use but the private keys will be kept where the government has ultimate control over them.


It is not possible for the government to prevent us from controlling our private keys. All a private key is a very large string of numbers saved, usually in encrypted form. This would be very simiilar to saying the government would restrict what we are able to think about.

I really don't like to talk about this stuff much because most people just don't understand or accept the facts about government and who really controls a country. Government will say because of terrorism and drug money laundering and tax evasion that private encrypted keys should be illegal for persons to have and make laws to control them through a Federal Institution controlled by Bankers. In some Countries laws already exists against anything encrypted. The US government(or should I say the Bankers) will not let you keep money that they can not easily seize. You will be able to use bitcoin but they will have to have access to your private keys for National Security and safe keeping.

In the 1930's gold was made illegal to hold more than $20 and law enforcement went searching house to house and took everyone's gold and handed them a piece of paper in its place. That's also when birth certificate contracts were made into law and a $1,000,000 loan was made from the IMF through your STRAWMAN name to the US government the day you were born. It printed "Bank Note" right on the bottom of it. Your birth certificate is traded on the NYSE everyday. Most people don't even know they were born into slavery.

They still taught this stuff when I went to school and if it wasnt included in the textbooks the wise old teachers would teach it to us anyway. I've seen new text books and there is so much missing. I had a young teacher tell me I was insane for thinking that there were Japanese prison camps in the US during WW2. She said I was wrong because our government would never round up an entire race and put them into prison camps. It wasn't in the history books she said - so it didn't happen. I assume this fact has been erased from US history along with a lot of others. I guess it's true "who controls the present controls past, who controls the past controls the future".

Note: The Government does have restrictions on what we can think about. One of the first things a prosecuter does now is check your Google searches and Facebook to see what you were thinking and use that against you in a court of law. Wow, I guess ignorance is bliss.

https://bitcointalk.org/index.php?topic=755490.msg8740121#msg8740121
In the 1930's $20 was a lot more then it is today.

I also question the accuracy of your statments. Mainly that the government is able to control what people think. They very much are not able to do this. If they did they would never have faced the embarrisment that Snowden put on the government.

Also in the US the freedom of speech essentially makes it impossible to prevent someone from having an encrypted file. The fact that something is encrypted makes it impossible to know the contents of the file therefore it would be impossible to prevent someone from having an encrypted key.


Title: Re: Won't governments try to kill Bitcoin?
Post by: procrastinationtm on September 13, 2014, 08:21:09 PM
It's all speculation. If BTC grows and starts draining tax revenue, we can be sure to see bans.


Title: Re: Won't governments try to kill Bitcoin?
Post by: dankkk on September 13, 2014, 09:50:59 PM
@ dankk
I agree with you about the controlled speech. If you are willing to pay the price like Snowden did and be banned to a foreign country leaving everything and everyone you love behind, then they can not control your thinking or speech. It's just ashamed you can be arrested for "non-violent resisting" for disagreeing with a law officer.

One the $20 gold thing, my grandfather said a hamburger, fries and drink cost 5 cents. He also said they had turned most of their gold in and got the equivalent valued certificates, but when they searched his father's house they basicly took everything including his rightful $20 worth and only left him with a $10 note.

I agree with most of what you say but they are already in the process of shutting bitcoin related things down in the US. I used to use buy-a-hash payment system but the Fincen has shut them down along with several others. BTCGuild is having to ban NY residents from mining there due to new regulations, Florida helped the Government arrest people for assumed money laundering because they were dealing with large amounts of bitcoin and California has been sending out cease and desist letters to bitcoin businesses for 9 months now(without any luck, so that's a positive thing). I love everything about bitcoin and want it to prosper. The best thing we have going is the IRS ruling on bitcoin being personal property.

Thanks for your responses
Snowden is an extreme example. Most people would be able to use the court system to get out of any bogus charges brought against them. Snowden does not want to takt the risks that the courts may side against him.

I am not sure about the exact details of your grandfather's search, however this sounds like the search was illegal. The government is not able to enter into someone's home like this without either permission or a warrant. If permission was given then shame on him, if they had a warrant then it is likely that there was evidence of some kind of crime.

All the stuff about the NY regulations is either people spreading FUD or they do not understand the impact of the proposed regulations. The regulations will only affect people who are exchanging bitcoin to/from fiat, and even then only require businesses that do this to gather identity documents of their customers and to have at least as much bitcoin on reserve as they hold in customer deposits (meaning not run on a fractional reserve system). There is no reason why BTCguild would shut down for NY residents.


Title: Re: Won't governments try to kill Bitcoin?
Post by: CraftingTable on September 13, 2014, 11:52:41 PM
They will, and they will fail, then they will adopt BTC


Title: Re: Won't governments try to kill Bitcoin?
Post by: Magicman420 on September 14, 2014, 12:58:15 AM
The government must not like bitcoin... I just don't see how they could be happy about this?


Title: Re: Won't governments try to kill Bitcoin?
Post by: adamstgBit on September 14, 2014, 01:09:18 AM
bitcoin is not optional, is mandatory.


Title: Re: Won't governments try to kill Bitcoin?
Post by: Pacowomo on September 14, 2014, 02:49:08 AM
Bitcoin will one punch KO all govs ever.