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Title: Bitcoin Letter by Homeland Security and Governmental Affairs Post by: cryptocoinsnews on September 03, 2013, 06:29:34 AM Over the past several months, “virtual currencies” have received increasing attention from law enforcmenet, the business community, the financial sector, and the federal government. As you probably know, virtual currencies are digitally-based money that can be quickly sent between entities over the internet and that have no central bank or government entity that backs them.
View the PDF here: http://www.cryptocoinsnews.com/2013/09/03/bitcoin-letter-by-homeland-security-and-governmental-affairs/ Title: Re: Bitcoin Letter by Homeland Security and Governmental Affairs Post by: Gabi on September 03, 2013, 11:57:01 AM Quote and that have no central bank or government entity that backs them Ahahaha, and how exactly does a "central bank" or "government entity" backs dollar or euro? They are funny :DOperate in the shadows :o Has also attracted CRIMINALS :o :o Luckily dollar does not attract criminals 8) Title: Re: Bitcoin Letter by Homeland Security and Governmental Affairs Post by: Mitchell on September 03, 2013, 11:57:40 AM Quote and that have no central bank or government entity that backs them Ahahaha, and how exactly does a "central bank" or "government entity" backs dollar or euro? They are funny :DTitle: Re: Bitcoin Letter by Homeland Security and Governmental Affairs Post by: Gabi on September 03, 2013, 12:05:24 PM Dollar and euro are not backed by gold. They are just pieces of paper that can be printed at will
Title: Re: Bitcoin Letter by Homeland Security and Governmental Affairs Post by: CIYAM on September 03, 2013, 12:08:05 PM Gold. It doesn't back everything, but still. Fiat currencies have not been backed by gold for quite a long time. Title: Re: Bitcoin Letter by Homeland Security and Governmental Affairs Post by: Mitchell on September 03, 2013, 12:11:55 PM Gold. It doesn't back everything, but still. Fiat currencies have not been backed by gold for quite a long time. Title: Re: Bitcoin Letter by Homeland Security and Governmental Affairs Post by: Bitcoinpro on September 03, 2013, 12:37:16 PM This letter is irrelevant.
Title: Re: Bitcoin Letter by Homeland Security and Governmental Affairs Post by: LiteCoinGuy on September 03, 2013, 12:47:56 PM already know this letter.
Title: Re: Bitcoin Letter by Homeland Security and Governmental Affairs Post by: Aseras on September 03, 2013, 09:41:18 PM Gold. It doesn't back everything, but still. Fiat currencies have not been backed by gold for quite a long time. which is precisely why there is such a thing as inflation and bubbles in the economies of the world. Title: Re: Bitcoin Letter by Homeland Security and Governmental Affairs Post by: franky1 on September 03, 2013, 09:54:30 PM letter is irrelevant, especially the attempt to link bitocins to organised crime.
recent statistics have shown in the last 4 years billions of dollars, euros yen etc have been seized in relation to crimes. in the same period, only 11BTC has been seized. Title: Re: Bitcoin Letter by Homeland Security and Governmental Affairs Post by: vaio127 on September 03, 2013, 10:06:06 PM recent statistics have shown in the last 4 years billions of dollars, euros yen etc have been seized in relation to crimes. in the same period, only 11BTC has been seized. It won't matter. Of course, all the government wants to do is control everything, and having something out in the wild, like bitcoin, that isn't controlled or regulated infuriates them. Title: Re: Bitcoin Letter by Homeland Security and Governmental Affairs Post by: Come-from-Beyond on September 03, 2013, 10:14:02 PM Ahahaha, and how exactly does a "central bank" or "government entity" backs dollar or euro? Not sure about dollar and euro but pound is backed by... (read it by urself at the bottom of this banknote): http://i.telegraph.co.uk/multimedia/archive/02547/winston-churchill-_2547318b.jpg Title: Re: Bitcoin Letter by Homeland Security and Governmental Affairs Post by: p2pbucks on September 03, 2013, 10:33:26 PM this file was signed on august 12 ，2013 .... old news
Title: Re: Bitcoin Letter by Homeland Security and Governmental Affairs Post by: QuantPlus on September 03, 2013, 10:42:22 PM reserved Title: Re: Bitcoin Letter by Homeland Security and Governmental Affairs Post by: BittBurger on September 03, 2013, 11:52:24 PM This letter is irrelevant. Irrelevant: Only in the sense that even if they decided to completely shut down Bitcoin and ban it in the USA, it would still flourish because its international, and viral.Relevant: Because its a huge first step in acknowledgement, which will increase Bitcoin value, legitimacy, and success. Therefore this letter is very relevant. -Burger- Title: Re: Bitcoin Letter by Homeland Security and Governmental Affairs Post by: Sitarow on September 04, 2013, 01:10:45 AM Quote and that have no central bank or government entity that backs them Ahahaha, and how exactly does a "central bank" or "government entity" backs dollar or euro? They are funny :DOperate in the shadows :o Has also attracted CRIMINALS :o :o Luckily dollar does not attract criminals 8) USD backed by OIL and the power to control it. However if renewable energy becomes mainstream then GMO foods :) |
