BIG NEWS: Europen Union Cracking Down on Bitcoin

[maokoto]

I will be happy to see Bitcoin disappearing if that stopped terrorist. But it won't stop them. However, I think that this kind of news or articles are more likely looking for views and exaggerating.

I do not think that stopping Bitcoin is a priority in the war against terrorism

[1715280456]

1715280456

[1715280456]

1715280456

[~Bitcoin~]

I will not get worried as they have stated not to ban, they are saying to strict the way they cashed virtual currency into money. (what i understand). This may effect exchangers TOS and bitcoin is not only one stated there.

[ca333]

my sympathy and solidarity is with the victims and their families not only to Paris but around the world.

+1


especially the people suffering genocide and holocaust in palestine.. those are victims for decades.

[Kprawn]

I will be happy to see Bitcoin disappearing if that stopped terrorist. But it won't stop them. However, I think that this kind of news or articles are more likely looking for views and exaggerating.

I do not think that stopping Bitcoin is a priority in the war against terrorism

You might be "happy" very soon, if you follow the thinking of the governments and bankers. They need this to be true, for them to shill the shit out of Bitcoin. These people are

currently bombing Oil storage facilities that are being used by ISIS to sell oil to Irak, but they still focus on Bitcoin as being the main funding for terrorism? { If you believe the

media } As you said... banning Bitcoin are not going to stop terrorist financing .... Bitcoin was not even around in 1995 when Paris suffered a terrorist attack. 

https://en.wikipedia.org/wiki/1995_Paris_M%C3%A9tro_and_RER_bombings

[gravitate]

http://www.bitcoinvalues.net/european-countries-cracking-down-on-bitcoin-slow-terrorist-funding.html

Do you think cracking down on bitcoin will help slow down terrorist activities in the EU and abroad?

In essence, instead of using Bitcoin's blockchain to help track down terrorists, the powers that be in their infinite wisdom call an emergency meeting to shutdown the best source they have in finding terrorists.


"We're shutting you down because terrorists have been know to purchase their lemonade from you to kill innocent people. The list you provide us on a daily basis as to whom your customers are absolutely has no value to us."

This is very true indeed. I understgand banning mixers or banning the deep web but banning bitcoin would only give us less financial freedom (but that helps control us)
I see a ban on bitcoin coming but it will never be the end.

[gravitate]

kind of funny

the paris attackers lived in brussels, and sold their bar(pub) to buy the weapons and rent a car...
so no bitcoin use there...

the british attack on 7/7 2005 and american attack in 9/11 2001 was before bitcoin was even invented.

so will people please use logic and common sense, then read beyond the headline and research facts..

You're right. But it is so easy to fool the public. And I think we all here knew that in one or other these terrorist attacks will be used by the governments to push forward some of their agendas and schemes. Imo it was so obvious that they would come up with some bs that ISIS use Bitcoin.Banning cash is a plan that exists since a long time. These happenings are the best fuel they can get.
But even banning Bitcoin and vanishing cash will not stop terror. It's all about control over the masses.Power and control!
But the average seems to be too stupid to see it and too naive to believe it!

Naiive, stupid maybe not. Personally Most people really don't care they want to be controlled or they think the ignorance is bliss.
God it makes me angry. We all know that bigbrother is slowly creeping up on us and we are out stretching our arms to welcome it.
It makes me wish I didn't have kids it really does.

[franky1]

You're right. But it is so easy to fool the public. And I think we all here knew that in one or other these terrorist attacks will be used by the governments to push forward some of their agendas and schemes. Imo it was so obvious that they would come up with some bs that ISIS use Bitcoin.Banning cash is a plan that exists since a long time. These happenings are the best fuel they can get.
But even banning Bitcoin and vanishing cash will not stop terror. It's all about control over the masses.Power and control!
But the average seems to be too stupid to see it and too naive to believe it!

Naiive, stupid maybe not. Personally Most people really don't care they want to be controlled or they think the ignorance is bliss.
God it makes me angry. We all know that bigbrother is slowly creeping up on us and we are out stretching our arms to welcome it.
It makes me wish I didn't have kids it really does.
[/quote]

do you want to know the most funniest thin of all..

President obama made some executive orders over syria and sanctioned syria was in regards to human rights abuses..
.. but not about killings.. it was about syrian government monitoring its own population.
(can anyone see how hypocritical that is)
https://www.whitehouse.gov/the-press-office/2012/04/23/fact-sheet-sanctions-against-those-complicit-grave-human-rights-abuses-i

Twenty-first century threats to human rights require twenty-first century tools to combat them.  This Administration recognizes that some oppressive governments seek to target their citizens for grave human rights abuses through the use of information and communications technology.
 In an Executive Order signed today, President Obama authorized a new program of sanctions, aimed at those who facilitate serious human rights abuses in Syria and Iran through such means.

The same Global Positioning System (GPS), satellite communications, mobile phone, and Internet technology employed by activists across the Middle East and North Africa and around the world is being used against them in Syria and Iran, as the world has witnessed particularly clearly in Syria in recent weeks.  The Syrian and Iranian governments are rapidly increasing their capabilities to disrupt, monitor, and track communications networks that are essential to the ability of Syrians and Iranians to communicate with each other and the outside world.

The Executive Order announced today by President Obama establishes financial and travel sanctions against those who perpetrate or facilitate “Grave Human Rights Abuses Via Information Technology” in Syria and Iran (or “GHRAVITY sanctions”) and will:

• Degrade the ability of the Syrian and Iranian governments to acquire and utilize such technology to oppress their people;

• Hold accountable those government officials, companies, and individuals committing or facilitating human rights abuses.
• Send a clear message that the United States recognizes and is committed to combating this new and growing human rights threat;
• Further isolate the regimes in Damascus and Tehran;
• Strengthen international norms against using information and communications technology to commit human rights abuses;
The order authorizes sanctions against persons determined:

• To have operated, or to have directed the operation of, information and communications technology that facilitates computer or network disruption, monitoring or tracking that could assist in or enable serious human rights abuses by or on behalf of the Government of Iran or the Government of Syria;

in short syria, which has no human rights laws .. is being held as abusing human rights for snooping on its own citizens..

yet countries that recognise human rights are allowed to breach the same human rights, when they snoop..

[makcik]

I still really don't understand why the hell people connect terrorism with bitcoins. They both are whole different things.
I know that bitcoins can be used for criminal and terrorist attacks too, but how can you be so sure about it?..cracking down on bitcoins will do absolutely nothing. If a person shoots someone , then you'll take actions against police or the gun?
I guess this explains it all.

[jyakulis]

I still really don't understand why the hell people connect terrorism with bitcoins. They both are whole different things.
I know that bitcoins can be used for criminal and terrorist attacks too, but how can you be so sure about it?..cracking down on bitcoins will do absolutely nothing. If a person shoots someone , then you'll take actions against police or the gun?
I guess this explains it all.

I think technology as a whole in morally neutral. It can generally be used for dual purposes of either good or evil.

Take an extreme example like phosgene gas used as a chemical weapon in WW1. On the other end of the spectrum it is used in production of consumer plastics. It's similar with guns etc. It wasn't long ago that I read similar stuff on 3d printing and guns.

Ultimately TPTB point to abuse of morally neutral technology in order to exert more control over it. This could be for the greater good or possibly more nefarious purposes.

With no central authority though, how will TPTB implement controls over bitcoin? There's no one to go to and harass. They are perfectly capable of PAYING for and implementing some kind of monitoring process of the blockchain on their own dime and their own time if you ask me. Anything else they do via corporate media will be PR stunts sought to tarnish the reputation of bitcoin.

[sartorpc]

This is kinda stupid, but if they are so worried about bitcoin, they should be worried about traditional currencies too, this is not the main problem, it is just one channel of funding to skip control, but they will keep skipping it even if there are no bitcoins to use.

[defaultking]

I agree. I wouldn't think bitcoin plays a big part of any terrorist organization. I bet most of there funds are tied up in fiat.

[thefaucetrunner]

I keep reading about this link between terrorism and Bitcoin, but I literally can't see it myself. Why Bitcoin anyway, there are thousands of currencies - what about Peercoin, Litecoin, Dogecoin and the other alt currencies?

They'll focus on one to their own detriment!

[USB-S]

I keep reading about this link between terrorism and Bitcoin, but I literally can't see it myself. Why Bitcoin anyway, there are thousands of currencies - what about Peercoin, Litecoin, Dogecoin and the other alt currencies?

They'll focus on one to their own detriment!

If they close the doors to bitcoins, other crypto coins will follow because they are built on the same platform. Their world view is most likely if it's untraceable and uncontrollable it must go.

[dothebeats]

my sympathy and solidarity is with the victims and their families not only to Paris but around the world.

True. It's saddening to think that when poor nations get into conflict, mainstream media often tend to focus on things that aren't that much important but when rich nations get involved in such conflicts, all lights and eyes are centered towards them.

My thoughts and prayers goes to all the people struggling day to day just to get by in their lives.

[dothebeats]

my sympathy and solidarity is with the victims and their families not only to Paris but around the world.

True. It's saddening to think that when poor nations get into conflict, mainstream media often tend to focus on things that aren't that much important but when rich nations get involved in such conflicts, all lights and eyes are centered towards them.

My thoughts and prayers goes to all the people struggling day to day just to get by in their lives.

[Mickeyb]

Another interesting article about this problematic :

http://m.nasdaq.com/article/the-european-crackdown-on-bitcoin-is-misguided-cm545083

[freedomno1]

my sympathy and solidarity is with the victims and their families not only to Paris but around the world.

True. It's saddening to think that when poor nations get into conflict, mainstream media often tend to focus on things that aren't that much important but when rich nations get involved in such conflicts, all lights and eyes are centered towards them.

My thoughts and prayers goes to all the people struggling day to day just to get by in their lives.

Artistic expression says a 1000 words and carries many meanings.
My praters are also with those who struggle to survive every day of their lives and for them to be able to surpass that and strive.

[mayax]

I keep reading about this link between terrorism and Bitcoin, but I literally can't see it myself. Why Bitcoin anyway, there are thousands of currencies - what about Peercoin, Litecoin, Dogecoin and the other alt currencies?

They'll focus on one to their own detriment!

We can say that Bitcoin is mainly use(ober 90%) for illegal activities. This is the truth. Terrorists , ponzies, drug dealers, illegal forex, illegal exchange companies(not licensed) and many others are the real Bitcoin. Withoth these, BTC value will be near zero.

The other part(speculators) is negligible.

Why Bitcoin? Because "you" wanted to be visible.

[mixan]

my sympathy and solidarity is with the victims and their families not only to Paris but around the world.

True. It's saddening to think that when poor nations get into conflict, mainstream media often tend to focus on things that aren't that much important but when rich nations get involved in such conflicts, all lights and eyes are centered towards them.

My thoughts and prayers goes to all the people struggling day to day just to get by in their lives.

Artistic expression says a 1000 words and carries many meanings.
My praters are also with those who struggle to survive every day of their lives and for them to be able to surpass that and strive.

That is beautiful artistic rendition on what is going on now in that region of the world.
My prayers as well go out to those that were involved in those violent attacks from a barbaric force that should be dealt with soon or later. All the world needs to rally together to put a stop to this blood shed of innocent lives. My heart goes out to those affected by this symbol of hate and evil plaguing our world.

[Spoetnik]

This is pointless as probably less than 5% of their money comes from cryptocurrencies. Why not ban fiat? After all, cash is being used to fund them? We should practically "crack down" on pretty much anything as a lot of things are being used for funding. This will change nothing.

Yup good point !
Same could be said of Paypal, Western Union, Interac eTransfer etc