Bitcoin Forum
December 15, 2024, 03:10:46 AM *
News: Latest Bitcoin Core release: 28.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: We are getting thrown under the bus by our goverment  (Read 1284 times)
mikewillz (OP)
Member
**
Offline Offline

Activity: 65
Merit: 10


Everything Mike Willz (Skype Mike_Willz) Google Me


View Profile WWW
June 08, 2011, 03:49:09 PM
 #1

http://www.baltimoresun.com/business/sns-rt-us-financial-bitcoitre7573t3-20110608,0,1767151.story


While little information about Bitcoin exchanges is publicly available, an item posted on a website called Bitcoin Watch states that Mt. Gox's bank account is in Japan, and anecdotal evidence suggests many other exchanges operate outside of the US.

Mt. Gox's website does not list a phone number, representatives could not be reached via email.


It's getting ugly..and the Media sucks!!

BTC: 1hHjrmxLQWJZPjfsQuPpftNHH6WBuAmbN


P.S: This is unreal.....
Durr
Newbie
*
Offline Offline

Activity: 28
Merit: 0


View Profile
June 08, 2011, 03:54:38 PM
 #2

Japan is a baby state of USA since WW2

If the banks decide to freeze MtGox accounts it will cause the price of Bitcoin to plummet. We're all taking this risk
TraderTimm
Legendary
*
Offline Offline

Activity: 2408
Merit: 1121



View Profile
June 08, 2011, 04:04:05 PM
 #3

Japan is a baby state of USA since WW2

If the banks decide to freeze MtGox accounts it will cause the price of Bitcoin to plummet. We're all taking this risk

'The banks'?

And how would they achieve this miracle, exactly? Last I checked 'the banks' don't have any influence over Mt. Gox. Worst case scenario, btc gets frozen and another exchange takes its place. That is the beauty of a system that doesn't rely on central control. After a while, we won't even *need* exchanges.



fortitudinem multis - catenum regit omnia
benjamindees
Legendary
*
Offline Offline

Activity: 1330
Merit: 1000


View Profile
June 08, 2011, 04:09:09 PM
 #4

If the banks decide to freeze MtGox accounts it will cause the price of Bitcoin to plummet. We're all taking this risk

So, less supply of BTC equals falling prices?

(Oh no, whatever you do, don't throw me in the brar patch!)

Civil Liberty Through Complex Mathematics
qikaifu
Full Member
***
Offline Offline

Activity: 168
Merit: 100


God creats math and math creats bitcoin.


View Profile
June 08, 2011, 04:29:47 PM
 #5

Japan is a baby state of USA since WW2

If the banks decide to freeze MtGox accounts it will cause the price of Bitcoin to plummet. We're all taking this risk

it's not risk, but opportunity.

If you see any of my suggestions useful, please donate me. http://btc.to/ec
iCEBREAKER
Legendary
*
Offline Offline

Activity: 2156
Merit: 1072


Crypto is the separation of Power and State.


View Profile WWW
June 08, 2011, 04:49:15 PM
 #6

Japan is a baby state of USA since WW2

If the banks decide to freeze MtGox accounts it will cause the price of Bitcoin to plummet. We're all taking this risk

Making bitcoins illegal will cause their price in dollars to increase, because they will become more scarce.

Just with like with booze and other drugs.

Plus everybody already knew about those since forever. 

The publicity surrounding the bitcoin craze/scare/controversy/crackdown will bring more attention to our solution for the situation.


██████████
█████████████████
██████████████████████
█████████████████████████
████████████████████████████
████
████████████████████████
█████
███████████████████████████
█████
███████████████████████████
██████
████████████████████████████
██████
████████████████████████████
██████
████████████████████████████
██████
███████████████████████████
██████
██████████████████████████
█████
███████████████████████████
█████████████
██████████████
████████████████████████████
█████████████████████████
██████████████████████
█████████████████
██████████

Monero
"The difference between bad and well-developed digital cash will determine
whether we have a dictatorship or a real democracy." 
David Chaum 1996
"Fungibility provides privacy as a side effect."  Adam Back 2014
Buy and sell XMR near you
P2P Exchange Network
Buy XMR with fiat
Is Dash a scam?
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!