Bitcoin Forum

Let say that a country like Iran or Nk start using BTC to finance some of their activities or organization like "_alqaida" ask ransom in BTC.

Will you continue to  support BT system or you will cash out and leave  ?

Let say that a country like Iran or Nk start using USD to finance some of their activities or organization like "_alqaida" ask ransom in USD.


Oh..wait, that happens already, so did you cash out and left the USD system, or do you continue to support it?

Lol. Great point. OP, what you asked does not make any sense at all.

USD is a paper currency that get printed on daily basis. While BTC are limited to 21m BTC.
So far BT is like an alternative to Paypal, credit cards and other payment system. 

You don't make my hammers grow in size(value) because you keep using yours.  Also there could be unlimited hammers in the world not 21m

The total opposite. If a  if a terror cell  use BTC, we are the one that give value to the BTC, so basically we making them richer. Also if they get arrested/bombed/killed. The coins in their wallet, will be gone forever from our system.

No, I refuse to use any currency used for Evil purposes. that why I have gone back to use cowry shells only!

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Ohh, damn it.

Thats why Satoshi kept 1.5M. So he can crash the price if a bank or evil government (any of them) takes over Bitcoin.

All the countries around the world are evil, if they don't use sound money.
So，yes.

bitcoin have the property to attract people waiting for a thing to build a better world with it. I dont get it why they think bitcoin is that thing their waited for.

Nice, so are you against making hammers better because some people do bad things with them? 0 sense.

This.

I see every "nation", even just the concept of a nation, as pure evil. And yet I still use their currency because for a large part I have to. This too gives something I see as pure evil credibility and therefore value that if I had a choice I wouldn't want to give it to. With Bitcoin at least they don't have the many powers that they can claim for themselves by force with their currency.

hilarious irony

humans build nice houses. hammers don't :D

I'm trying to see his meaning too, but there's a situation that closely relates to what he means.

HSBC is used by Columbian drug dealers to launder money. Are you going to stop using HSBC?
http://www.reuters.com/article/2013/01/01/us-hsbc-idUSBRE90002Q20130101

Actually I deem the actions or expressed views of a lot of people here on the forum worse than the ones expressed by the Iranis I know...

Why should I care if someone could potentially have owned my coins before me, whose views I don't agree with? I once saw a nice article about people who contributed to open source projects who have and had questionable views on the world (and even here, I doubt a lot of people would agree with the personal views of LukeJR for example). In the end money (and code) does not express anything, only the way it's used.

IT different. That money can be seized, once they detect it from a suspecious organisation. With BTC, it simply not possible.

i considered it, probably for weeks, after wikileaks started accepting bitcoins

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yeah man, i got really pissed about the whole cambodia thing.  the khmer rouge were just misunderstood is all


plus, al qaeda has this.  it doesnt drop bombs, but it does kick ass

http://www.nogleg.com/archive/al-qaeda.jpg

While the US probably has killed more then Al Quaida and Iran, your infographic has many lies in it.  Iran attacked Iraq is the easiest but there are many others. 

http://en.wikipedia.org/wiki/Iran%E2%80%93Iraq_War

Bitcoin has never full of virgins. It is mixed of evil and innocent people from the very beginning. So I will be feeling pretty good if a evil gov steps in.

So true.  They even invaded Europe and killed thousands of germans in 1945.  







(I'm trying to be sarcastic here in case you don't get it)

Will you continue to use HTTP or SMTP if a government or other evil organization joins in?

Are acting retard or that really your nature ?

Using Http and smtp, don't make http or smtp worth more or less. Using BTC make it worth more, because there is a limited amount of these.

Will you continue to use gold if a government or other evil organization joins in?

People are using bitcoin and dollars right now for all kinds of things that I believe are evil and that I would never personally engage in.  It does not stop me from using bitcoins or dollars.  Of the two systems, I think the dollar is more easily exploitable for evil purposes.

Are acting retard or that really your nature ?

If the whole world use Http and smtp then more investment are made for softwares that uses them and so on. So yes, using them make them more useful, since they are more supported. If no one use them, then why would someone make software for them?

My vote is bail out of the btc economy/community if some sort of data gathering/reporting is built into the protocol.

When any government starts using BTC, it is beginning of its end (govt's). Because BTC comparing to fiat is not inflatable by suits and comparing to gold, it is much harder to extract in order to replace with paper bills (what was done when we've been sliding off the gold - gold is just too heavy and expensive to store under mattress). Why is it bad for government to not have its own currency? Well, because you cannot shift huge amounts of productivity to whatever sector you want - roads, factories, military, space travel etc. You can only tax people. And this is alone limits government to such degree, that it cannot do anything seemingly "useful" for the voting population and will dissolve/collapse much quicker than you think.

Here are reasons for that:

1. Imagine you are a politician. Why would anybody vote for you? Only if you promise some vague benefits in form of "free" goodies. Of course, you'll have certain arrangements with the lobbyists, but on the surface you must provide something tangible for the voters. Or your career won't be sustainable. But how can you do that on taxation alone? If you raise all the taxes proportionally to your plan, then people will realize that the "free" stuff is a lie. If you raise taxes on the rich guys only, all of them will run away and your economy will suffer drastically (and this won't cover your costs anyway because you are not efficient producer). So inflation is what you need to magically borrow huge amounts of money from the future and spend today. But with BTC it's impossible and with fractional reserve banking on top of BTC it is also impossible because people will easily hoard and exchange in BTC.

2. Even if nobody is against taxes, taxes will not cover and sustain the costs. And since politicians are not professional producers themselves, their expenses will only grow over time, as amount of wasteful activities grows. So any governmental project will either collapse quickly before reaching any significant size, or govt will try to raise taxes to cover its costs. Raising taxes costs your place in the government. So even if government does not collapse, if it does any activity whatsoever, it will eat itself from within. And this will produce such an terrible smell as time goes by, that people will naturally refuse joining this club and there will be less and less voters to support any sort of activity proposed from the govt. Naturally, taxation and violent regulations will fade away over time.

Just changed my vote to "No", because I don't know what a "governement" is, but it sounds scary.

How do you know they aren't already?

You have to accept that bitcoin can be used for bad things as well as good. It comes with the territory, just like cash. Except in bitcoin's case its global and doesn't have any central meddling built in.

As far as governments adopting it, perhaps if they get sick of IMF and Central Bank loans shackling their country they may decide to try something else. Hard to say, they may be the last to attempt it, outside of global citizens.

... what's wrong with wikileaks.... since when did whistle blowing become evil?

The original post and question may very well be the most uninformed, brainwashed, and wrong piece I've seen this week on the forum.

The question is...how much would Bitcoin turn that evil government to good?

Exactly.  You can not spend BTC you do not have. 

Makes it awful hard to fund bullshit wars and other bullshit violent stuff. 

This thread bothers me for some reason.

What if governments started using English? Forks? Potatoes? Gold? Education? Lemons? Guns? Tires? Algebra? The internet? TOR?