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Author Topic: Bitcoin lobby group  (Read 1850 times)
bitcool
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May 29, 2011, 06:58:27 PM
 #1

Many people have talked about the potential threat from US or other government, initiating hostile actions against bitcoin community, I believe the threat is real.

I know, libertarians hate government, abhor lobbying. I am not expecting them to go to Washington and do lobbying to support Bitcoin. However there are many people with more mundane and business oriented goals in the community, I am sure they are willing to do their share to protect their interest.

If Bitcoin community organize, be proactive and reach out, maybe some legislative breathing room can be left when they decide to take action, if conflict with the state sponsored violent body (police, court) can be avoided or delayed, why not? On the other hand, if we don't try, bitcoin is just a sitting duck waiting for them to strike.

There clearly are (or will be) beneficiaries from the wide adoption of Bitcoin ecosystem: hardware, software, utility, online retail industries are a few examples. On the opposing side are big banks who directly receive money from the Fed, welfare and other easy money recipients, these are powerful groups.

As a starter, someone should ask the CEOs of Intel or AMD on their views of Bitcoin.



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May 29, 2011, 11:12:53 PM
 #2

don't we need $$$ for lobbying?

It is pitch black. You are likely to be eaten by a grue.

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Vandroiy
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May 29, 2011, 11:24:31 PM
 #3

Don't forget early adopters, they would gain a lot if Bitcoin reaches critical mass.

Yea, a Bitcoin lobby would be awesome. If some large company is able to use its potential (*cough* ANDROID MARKET PAYMENT SYSTEM Grin ), Bitcoin might reach a good market size in no time.
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May 30, 2011, 02:21:23 AM
 #4

They'll probably make write down the same stuff whether we take them out to dinner or not.

Just ignore their scribblings.

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DarkLinkXXXX
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May 30, 2011, 10:27:02 PM
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On the opposing side are big banks who directly receive money from the Fed, welfare and other easy money recipients, these are powerful groups.

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Having banks adopt bitcoin is not that hard. They just shouldn't expect any bitcoin bailouts from the government.
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zyb
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June 02, 2011, 05:57:27 AM
 #6

Hi,

I think we really need a good lobby and need to do some professional work in this direction. In Germany, bitcoin was a hot topic this week in some mainstream media. First, the articles in the press where rather positive. Then there was one press release in which they warned the public from using bitcoins, demanded instant ban of bitcoin transactions, supported by obviously wrong claims. This warning was picked up by the press immediately, which is kinda sad, but expected.

If we had a lobby and some kind of PR office, we could release an official statement in response. So, we're trying to organize ourselves in Germany in order to start some lobby work. So, if you're doing something similar in the US or elsewhere, I'd suggest that we share ideas and strategies in order to be more effective.

zyb
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June 02, 2011, 06:25:13 AM
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"First, the articles in the press where rather positive. Then there was one press release in which they warned the public from using bitcoins, demanded instant ban of bitcoin transactions, supported by obviously wrong claims. This warning was picked up by the press immediately, which is kinda sad, but expected."

That's the first twitch of a negative response from the press.  The press will be much more enemy than friend to bitcoin once bitcoin becomes famous.

Now, there ARE friends in politics who see the promise Bitcoin represents, and who will support it.  Problem is, they're usually in the minority.  I would imagine the Cato institute and Reason magazine are very sympathetic.  Expect the New York Times to hate it.
cloud9
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June 02, 2011, 07:19:13 AM
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Can't Bitcoin just be banned if it is anonymous?  Which it is not? - are there not a public transparent blockchain representing each and every transaction ever made?  A bona fide user can easily prove where he got his bitcoins from through the blockchain.

Can't Bitcoin just be banned if it is a virtual currency?  Which it is not? - is it not the right to a digital cryptographic key certificate of high security value backed by a high capital intensive network of computers?  (Not a government's central bank).  And of course these unique non-duplicatable rights, like most other rights should be tradeable on the free market.

Can't Bitcoin just be banned if it is inherently allowing bitcoin laundering?  Which it is not? - Someone will have to engage in bitcoin laundering with a service provider offering that kind of service - it is not an inherent feature of bitcoin.  Bitcoin laundering is illegal, just like cash laundering.

Disclaimer:  Postings of Cloud9 are only individual views of opinion and/or musings and/or hypothesisses.  On a non-authoritative, peer-to-peer public forum, you do not need permission from Cloud9 to derive your own conclusions or opinions, so please do.  Calculations and assumptions to be verified.
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June 11, 2011, 07:20:57 PM
 #9

Bitcoin is pseudo anonymous by nature, to actually give a point of contact that the governments of the world can focus on is a recipe for retaliation. Bitcoin's best advertisement is by word of mouth, it's best lobbying efforts is it's adoption. I sincerely believe Btcoin will only win the lobbyist position by adoption. There are just too many rich people with a vested interest in the existing system(s) to oppose any valid lobbying effort.
GideonGono
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June 15, 2011, 03:51:40 PM
 #10

Bitcoin is pseudo anonymous by nature, to actually give a point of contact that the governments of the world can focus on is a recipe for retaliation. Bitcoin's best advertisement is by word of mouth, it's best lobbying efforts is it's adoption. I sincerely believe Btcoin will only win the lobbyist position by adoption. There are just too many rich people with a vested interest in the existing system(s) to oppose any valid lobbying effort.

But lobbying would help with adoption. Of course we may not win the propaganda war outright but with a few key victories in a few key areas it will not matter what the big bankers and big business think. If a significant chunk of Facebooks' 700 million users, for example, start using BTC then any law in any country will be worthless because of the global nature of social networks. Hell, myspace needs something to catch up to Facebook. And Fb has market share to protect else Orkut or someone else will do it. These people will only consider this if there is something positive being said about Bitcoin and there is some political backing.

I think we should play the propaganda game just like they do. Talk up the positive and down play any "negatives" like laundering and drugs. We need to take advantage of the populism going on right now. Say things like, "If bitcoin were the currency it would make regulation of greedy business easy because anyone can see the btc transaction log." Emphasize how it makes transactions and ecommerce cheaper. I know some people are doing this now but it wouldn't hurt to have a well oiled propaganda machine to pre-empt what will come from govt.

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