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Beliathon
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March 31, 2015, 02:41:43 PM |
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"Your Honor, years ago I recognized my kinship with all living beings, and I made up my mind that I was not one bit better than the meanest on earth. I said then, and I say now, that while there is a lower class, I am in it, and while there is a criminal element I am of it, and while there is a soul in prison, I am not free." - Eugene V. Debs, Statement to the Court Sept. 18th, 1918 http://en.wikipedia.org/wiki/Eugene_V._Debs#Arrest_and_imprisonment
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Snail2
Legendary
Offline
Activity: 1512
Merit: 1000
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March 31, 2015, 03:08:38 PM |
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That's a heaven for everyone who know how to use it. Authorities will find ways to exploit it first. Then they will try to "secure" it by regulation and centralization. IBM already working on the first attempt.
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factor280
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March 31, 2015, 03:20:45 PM |
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Anything that the government can get their hands on and charge tax dollars, they are going to try and implement. The beauty of bitcoin is that the regulation does not exist. Hopefully we won't have to run into regulation any time soon. That would kind of kill the whole point of bitcoin in my opinion.
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Sig Space for Rent! PM Me.
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NyeFe
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March 31, 2015, 03:27:16 PM |
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The internet is a haven for many innovative technologies, and criminals.
Bitcoin is a haven for many innovative technologies, and criminals.
~NyeFe © 2015
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MicroDApp.com—Smart Contract developers. Lets build a decentralized future!
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CryptoConfusion
Newbie
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Activity: 12
Merit: 0
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March 31, 2015, 07:05:19 PM |
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yeah, criminals like it, so do non criminals..
Same as Guns, Money, Drugs etc..
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samson
Legendary
Offline
Activity: 2097
Merit: 1070
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March 31, 2015, 07:07:22 PM |
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"Your Honor, years ago I recognized my kinship with all living beings, and I made up my mind that I was not one bit better than the meanest on earth. I said then, and I say now, that while there is a lower class, I am in it, and while there is a criminal element I am of it, and while there is a soul in prison, I am not free." - Eugene V. Debs, Statement to the Court Sept. 18th, 1918 http://en.wikipedia.org/wiki/Eugene_V._Debs#Arrest_and_imprisonmentI've never heard of this guy before but it's impressive all the same.
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SirChiko
Legendary
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Activity: 966
Merit: 1000
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March 31, 2015, 09:33:28 PM |
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Anything is exploitable when it's in wrong hands and it's also heaven for anyone who can use it propertly.
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The only online casino on which i won something. I made 17mBTC from 1mBTC in like 15 minutes. This is not paid AD!
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manselr
Legendary
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Activity: 868
Merit: 1004
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March 31, 2015, 09:54:52 PM |
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Same discussion as always. Again, just because criminals use cash, should be ban cash? Bad people using a great technology shouldn't ruin it for the rest.
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OpenOcean
Member
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Activity: 112
Merit: 10
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March 31, 2015, 11:13:32 PM |
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Everyone loves blockchain technology.
I bet criminals love fiat currency, too.
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seethevalue
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April 01, 2015, 12:11:35 AM |
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No. they all can be tracked it's going to catch up to them.. I can hire an investigation team right now to track down my stolen funds from 2013 but I can't afford it. however you can donate to 1Fo1atLWjHmkUMVd1vXaqM1Nzn7Y1G6uCQ an put money towards one to see if it really can be done.
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Bizmark13
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April 01, 2015, 02:37:14 AM |
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The internet is a haven for many innovative technologies, and criminals.
Bitcoin is a haven for many innovative technologies, and criminals.
~NyeFe © 2015
It's a fair comparison but not a perfect one IMO. The Internet is still mostly centralized - i.e. we rely on centralized ISPs to connect to the Internet, the DNS system that we use to access websites is under the control of a single centralized entity, and most importantly, the websites themselves are housed on centralized servers which can be shut down at any moment. And while the process isn't always straightforward, the identity of those who use the Internet for dishonest purposes can more often than not be obtained by law enforcement too. Bitcoin, in contrast, cannot be shut down due to its decentralized nature and unlike the Internet, it is pseudonymous by default. A more fitting comparison would be to other decentralized networks such as Freenet and to a lesser extent, Tor.
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Btcvilla
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April 01, 2015, 03:03:11 AM |
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Of course, its an easy way to stay anon without doing person to person cash exchanging.
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Ingatqhvq
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April 01, 2015, 03:13:52 AM |
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Yes, you can steal peoples bitcoin, and almost not be punished. But, this problem may be solved in the future.
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H.W.Z
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April 01, 2015, 03:41:57 AM |
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I think The Blockchain Technology will come up with a solution. At least it is still at its infant stage. There are a lot of things, which need to improve.
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