Embrace ALL Cryptocurrencies Not Just Bitcoin

[tokeweed]

This makes me cringe...  Time to face it, crypto should work together for one ecosystem.

Land of the free my ass!

DEA to traveler: Thanks, I’ll take that cash

Maybe he should have taken traveler’s checks.

But it’s too late for that now. All the money – $16,000 in cash – that Joseph Rivers said he had saved and relatives had given him to launch his dream in Hollywood is gone, seized during his trip out West not by thieves but by Drug Enforcement Administration agents during a stop at the Amtrak train station in Albuquerque.

An incident some might argue is still theft, just with the government’s blessing.

Rivers, 22, wasn’t detained and has not been charged with any crime since his money was taken last month.

That doesn’t matter. Under a federal law enforcement tool called civil asset forfeiture, he need never be arrested or convicted of a crime for the government to take away his cash, cars or property – and keep it.

Full article here http://www.abqjournal.com/580107/news/dea-agents-seize-16000-from-aspiring-music-video-producer.html

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[j5d]

Stories like these go to show that as much as bitcoin may be viewed as a route for drug dealers to peddle their wares, the DEA still has carte blanche to take stacks of good ol' USD as they see fit.

[Kprawn]

Hey... What else did you expect from a police state?  The worst part of this story.... "“ We don’t have to prove that the person is guilty,” Waite said. “It’s that the money is presumed to be guilty.”"

This will just be one more reason why alternative currencies will exist and why people would start to use it.

It grants them freedom to use their own money as they deem fit, not in relation to what other "feel" it should be. 

[futureofbitcoin]

What does the title have to do with the article?

[j5d]

What does the title have to do with the article?

I'll take a stab at it.

Embrace cryptocurrency to wrestle control of your money away from the thugs of the Government, who by legal authority can rob you of your cold hard cash.

This thread isn't about giving altcoins a chance. This thread is about promoting cryptocurrency in general as a way to do the above.

[Amph]

Not all, most of altcoin just like a shit, and why we should embrace this shit coins?

in the same way they embrance all those fiat "coins", many of them are just useless only used in their country(everyone could use just the dollar ecc...)

so i thin it is just a matter to having more, even if their are shitty, but there are a few among shitcoin that are worth it, like monero

[Shindo1988]

“We don’t have to prove that the person is guilty,” Waite said. “It’s that the money is presumed to be guilty.”

Seriously, where did you find these clowns?
Don't they know that you are the ones paying for their salary?

Serve and Protect, isn't that their moto?
The question is: WHO are they serving and protecting?

[bryant.coleman]

Even more BS. We should focus on the original Bitcoin. Once it is widely adopted by the general population, we can think about creating copycats. Right now, 99% of the shitcoins are scams, and are created only to weaken the Bitcoin sector, and to generate profit by pump-and-dump methods.

[jaberwock]

Even more BS. We should focus on the original Bitcoin. Once it is widely adopted by the general population, we can think about creating copycats. Right now, 99% of the shitcoins are scams, and are created only to weaken the Bitcoin sector, and to generate profit by pump-and-dump methods.

but all cryptos protect you from having your money confiscated for nothing, like happened with the guy in OP

[Elwar]

So you invested in an altcoin. Bully for you.

Go discuss it in the alt coin section.