2013-11-25 inc.com: How Bitcoin Won Washington's Heart

[zeroday]

http://www.inc.com/christine-lagorio/bitcoin-goes-to-washington.html

That's one of the lessons that can be drawn from Bitcoin's appearance before the Senate Committee on Homeland Security and Government Affairs last week. Despite warnings from law enforcement officials that Bitcoin has made its way into child pornography, firearms, illegal drugs, money laundering, and gambling, the overall atmosphere at the hearing was exceedingly friendly. In fact, officials from the U.S. Department of Justice, the U.S. Secret Service, and the Treasury Department repeatedly cited the positive attributes of Bitcoin, including: "innovative ways to move money" and "potential to support more efficient and transparent global commerce."

[notthematrix]

Well on a human level they can see it as a way out of the hamster wheel!
https://www.youtube.com/watch?v=FU-p_JRu79s all sane humans are aware of this problem but dont know a way out , this can be the consensus way out , by simply doing notting and letting it happen!
 

[apetersson]

I could see the drool on their mouths because of campaign contributions in Bitcoin from this side of the Atlantic.

[TraderTimm]

Good, their greed will be their undoing.

Satoshi must've known this would've been part of the equation. How do you prevent a new currency from being killed? Inspire your critics with the potential rewards. They think they can control the genie in the bottle, but what will really happen is their power and leverage will diminish with every day Bitcoin functions.

Perfect.

[notthematrix]

Good, their greed will be their undoing.

Satoshi must've known this would've been part of the equation. How do you prevent a new currency from being killed? Inspire your critics with the potential rewards. They think they can control the genie in the bottle, but what will really happen is their power and leverage will diminish with every day Bitcoin functions.

Perfect.

Offcourse he knew  , the best way to setup a currency is to use the human nature of checking the nabors careers.
thats the basic social instinct.

[bitcool]

It's one government vs a worldwide population and a hard-to-kill technological advance.

Resistance is futile. If you can't beat it, join it.  That actually is smart.