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Author Topic: Surviving government crackdown  (Read 6406 times)
morpheus
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June 10, 2011, 01:37:56 PM
 #61

Morpheus, I want in on your beta, if you're able!

On second thought, I'll open the beta up to the whole forum. Keep an eye out for an announcement soon (hopefully in the next week or so.)
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Cluster2k
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June 10, 2011, 01:44:10 PM
 #62

Senators Charles Schumer and Joe Manchin are trying the drug trade angle to get bitcoin banned or the major exchanges closed down.  I hate to give them any ideas, but if they really wanted to smear bitcoin and give it a bad reputation they would use the magic keywords that make most sane adults instantly lose rational thought and grab the pitch forks and torches: child exploitation material (putting it nicely).  The day the popular media reports that these low lifes are using bitcoin to trade/pay while hiding their identities, is the day bitcoin suffers a major blow.  I fear it is going to happen.  

It's obviously not the currency's fault, but that won't really matter to the general public.
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June 10, 2011, 01:58:05 PM
 #63

Senators Charles Schumer and Joe Manchin are trying the drug trade angle to get bitcoin banned or the major exchanges closed down.  I hate to give them any ideas, but if they really wanted to smear bitcoin and give it a bad reputation they would use the magic keywords that make most sane adults instantly lose rational thought and grab the pitch forks and torches: child exploitation material (putting it nicely).  The day the popular media reports that these low lifes are using bitcoin to trade/pay while hiding their identities, is the day bitcoin suffers a major blow.  I fear it is going to happen.  

It's obviously not the currency's fault, but that won't really matter to the general public.

I'm sure an incident is being manufactured even now....

Bitcoin is the ultimate freedom test. It tells you who is giving lip service and who genuinely believes in it.
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In the future, books that summarize the history of money will have a line that says, “and then came bitcoin.” It is the economic singularity. And we are living in it now. - Ryan Dickherber
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Sjalq (OP)
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June 10, 2011, 02:16:52 PM
 #64

Bitcoin might not survive but as forever-d but it, the genie is out of the bottle.

Bitcoin is LESS anonymous than the banking system. In fact I might be setting up a South African escrow clearing house to facilitate person to person bitcoin sales and one of the coolest features is that I don't need much to prove I am trustworthy except the block explorer.

Not only will the government be able to see what we do, but we'll be able to see what it does!

Eventually bitcoin or something like it will succeed in a big way.

Cheesy mine mine mine mine mine mine mine Cheesy
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