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Author Topic: The End of Bitcoin as We Know It [my PoV on where things are today]  (Read 503 times)
juanbllanos (OP)
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June 01, 2013, 05:18:33 PM
 #1

http://contrariancompliance.com/2013/06/01/the-end-of-bitcoin-as-we-know-it/
JSMill
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June 01, 2013, 05:33:03 PM
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Kind of weird the quotes from FinCEN he chose to focus on.  I thought these were the salient ones:


“I think innovation in financial services industry holds out great promise on so many levels for commerce and for social reasons like providing services to the unbanked. But like any financial services, it comes with an obligation and those obligations to protect the U.S. financial system from money laundering need to be taken seriously.”

From Fincen Director Jennifer Shasky Calvery:
"Undersecretary [David] Cohen was pretty outspoken yesterday in saying that exchange providers that comply with the law have nothing to fear from Treasury."
http://www.americanbanker.com/issues/178_104/fincen-chief-q-and-a-what-we-expect-from-digital-currency-firms-1059485-1.html?zkPrintable=1&nopagination=1

Clearly they are not anti-bitcoin.  Also Bitcon is pseudonymous, not anonymous.
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