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Kind of a stupid video to me - a list of people who have failed where bitcoin is succeeding?
Furthermore, there is no ostracism of libertarians going on. What is happening is that more statists are getting involved and trying to do the impossible (regulate cryptocoins). Not to mention, there really aren't that many libertarians as there are ancaps.
Who gives a shit about your made-up popularity contest? The bitcoin protocol certainly doesn't. Nor do the Anti-statists that use them.
Genjix: Haven't you rubbed shoulders with some of the biggest scammers in the bitcoin-world?
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I'm not saying I endorse this speculation, but I hate that Occam's Razor claim which is used against many conspiracy theories, because it allows a free pass for the bad guys to get away with all their shit.
As if two or more people never got together and colluded a plan together for some future gain, whether for power, money or fame.
Sometimes the simple theory is wrong.
Not to mention the simple theory IS that the government took them. Its far harder to believe that Mark lost or stole half a billion dollars of BTC himself. |
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You're catching a lot of flak, OP. Sounds like you're right over the target.
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The government certainly didn't steal the coins. With all the things it deals with, why would it bother its ass stealing from us via Mt Gox?
It makes no sense whatsoever.
(the first person to mention "fear of bitcoin" will die a horrible death)
I guess you never heard of the Liberty Dollar, or e-gold |
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The IRS can't even keep up with 1099 income - I should know  - yet they really believe they can track the entire blockchain of bitcoin to individual identities? Plus all the blockchains of all the other cryptocoins?? That takes some serious delusion. It is not the blockchains they are tracking it is the exchanges....................... My $.02. Does that include all the ATMs? ..and quit with the $.02 ATM transacations are tracked but you can disguise your transactions using corporations, etc. My $.02. As long as I use a bitcoin atm that doesn't require any personal info than nothing can be tracked. Disguise with a corporation? Please explain. |
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This makes the most sense to me. The stories we've been told simply don't add up. However, this fits perfectly with the MO of the banksters that run our prison planet - Problem, reaction, solution.
Let's face it - who's a better at stealing than the US government and masonic hierarchy that its composed of?
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The IRS can't even keep up with 1099 income - I should know - yet they really believe they can track the entire blockchain of bitcoin to individual identities? Plus all the blockchains of all the other cryptocoins?? That takes some serious delusion. It is not the blockchains they are tracking it is the exchanges....................... My $.02. Does that include all the ATMs? ..and quit with the $.02 |
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The IRS can't even keep up with 1099 income - I should know - yet they really believe they can track the entire blockchain of bitcoin to individual identities? Plus all the blockchains of all the other cryptocoins?? That takes some serious delusion. |
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"He also answers the reluctant senator who thinks it is not possible to regulate Bitcoin because of its intrinsic properties of anonymity and decentralization. Allaire just thinks that the regulatory mechanisms that apply to all other forms of payment are readily applicable to Bitcoin from the time where we have a real international collaboration. In addition, security and trust is not an obstacle because the Bitcoin protocol naturally allows transparency. Audits can be conducted as is the case for traditional banks. He noted, however, that not all nations have the same willingness to participate in this international effort that shall lead to regulation. Unlike Japan, the United States is very likely to regulate companies operating Bitcoin, probably because they want to be pioneers. The recent hearings led by Ben Lawsky are very encouraging example in this area."
I can only role my eyes at the stupidity on display. Allaire is in authoritarian dream-land, and has next to zero understanding of cryptocurrencies. |
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MtGox was a regulated exchange - they were forced to ask for ID.
Regulated exchanges are just government honeypots - derp.
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Say you bought 10000 dollars of bitcoin in January '13 then cashed out in November '13. Tada you just became a millionaire durp. You seem to be inferring that profit from buying and selling Bitcoin is somehow special -- different than, say, gold or some other collectible asset. Is that what you're trying to say? Yep it is different because profit on gold or silver is subject to "capital gains tax" bitcoin is not. Jesus dude go study some economics. Really? Wow, I never paid any capital gains tax on my precious metals investments..or my bitcoins. It's been over a decade and I haven't gotten so much as a letter. Why would I willingly hand over money to a gang of thugs that uses it to blow up innocent people all over the world and to oppress its own citizens? Are you a dumbass? Or a giant pussy? |
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Leslie Knopp asks a tech guy if he can find everyones emails from an online poll. Tech guy says "no problem, just paypal me some bitcoins".
Ha! That's pretty good. |
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These guys aren't any better at securing bitcoins and building a reliable exchange than Mark Karpeles.
They sound incompetent to me.
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high price is bad, always
regulation is also bad, always Right because clean drinking water and safe food is highly overrated. Who needs such things?  So you would drink dirty water if it wasn't for the city supply? (which isn't very clean btw). You sir, are obviously an idiot. |
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it is a joke that lots of guys here are preferring mtgox than supervision.
Could any one show an evidence that btc will be destroyed by supervision? I guess no.
The only way now to push a Higher price Is by the exchanges, and without stability and trustworthiness, no one could ever guarantee enough trading to keep a good price.
Why they are jokes? The real aims of people here are not making contributes to btc, but only earning more money, however they deny those regulations to keep exchanges transparent. Since they won't contribute btc evolving more to the real economy, it will just be a logic deadlock.
In fact, every exchange is mtgox. I never trust any moral discipline of an exchange. These are things only related to humanity, not capital. Such a disorder of exchangeS, as they will eventually keep a higher and higher gate to normal people, will kill tradings, the best thing in raising price of btc
EPIC Fail. The OP must be completely unaware that MtGox was the first exchange to be regulated. MtGox was the first exchange to make you "verify" your ID with government docs - and even then the gov shut down their dwolla account. Even so, the price of bitcoins has risen in 10-fold increments without gov regulations, namely because regulating bitcoin is impossible - making the OP's argument stupid as hell. |
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People can always trade person to person, localbitcoins, etc. so they can regulate exchanges all they want. They regulate it too much and people will start trading person to person.
this^ Anyone who wants to be a "regulated" exchange for bitcoin will be operating at a disadvantage to all the other exchanges that operate outside of regulations. Normally this is curtailed by the state using guns to shut down "unregulated" businesses, but that can't work in bitcoin-land. I have to say I really enjoy watching these guys like Chuck Schumer, Manchin, Lawsky, and more all trying to do the impossible. New York is controlling fat, latte-carrying idiots who write bad code. Hey, don't smear lattes with Mark Karpeles. The pure deliciousness of coffee, cream, and sugar blended together in an energy-producing beverage should in no way be associated with fraud. |
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It should be pointed out (yet again) that saying the fraud/theft involved $500 million worth of bitcoins is rather meaningless, since it presumes to value every single lost/stolen bitcoin as worth the last trade price... whereas of course such a large amount of bitcoins could not have been sold at market value without significantly crashing that market value before even a small proportion had been sold.
And, as drrussellshane didn't quite say loudly enough,
if you aren't the sole holder of your own bitcoin (private keys) then you don't own any.
Being your own bank has its ups and downs buddy. Having all your money in your house which could: A. Burn down. B. Be robbed. If you had a lot of BTC then you might see family held hostage for ransom. C. Your toddlers could destroy paper wallets worth thousands experimenting with the shredder. D. Always being leery about using your computer with the QT funds for internet surfing. E. Using Hive, or Multibit? Then read, new virus steals either wallet. Then running home from work to move all funds. Lotsa worry. It could be a bit of a hassle, generating/hiding all these paper wallets, usb backups, updating them all with every change. Don't keep all the copies of your keys in your house. Keep them offline. Make backups and encrypt them. There are ways of planning for all the issues you've raised. As for the ransom bit, I would suggest not letting on to people that you have a lot of bitcoin - that's the beauty of it, you could have 1000 20BTC accounts and no one in the world knows. |
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I'm glad Gavin wrote that - it needed to be said.
I would add that Leah is just the whore though, and that the real POS is the editor that pushed the story.
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Total bullshit.
Liars really irk me and these people in this video just disgust me. Its an obviously made up story to set the perception for people new to bitcoin.
The elites and their mainstream media outlets are completely without shame. May their souls rot in hell.
They've been at it for thousands of years - controlling the enslaved - and they invented the psychological mechanisms utilized. Did you really think they would voluntarily hand over the world without a fight? You ain't seen nothing yet. I know, I know...they still really disgust me though. |
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