Petition whitehouse.gov?

[coga]

Lets not kid ourselves - we are under attack. Our only recourse is screaming and yelling as loud as we possibly can. I wonder if someone with legal skills could draft petition we could submit to whitehouse.gov in response to recent FinCEN encroachment

Key points could be:

- US government didn't create bitcoin, we the global community of people did. US government has no right to regulate it
- Bitcoin was made specifically with the purpose of government not being able to (sorry for my french) fuck with it. We want this purpose to be respected
- Same is valid for most of other virtual currencies
- Therefore we are asking government to step back and stop messing with people's currency. USA has their own currency, so regulate it all you want, leave us alone


UPDATE: I feel like the discussion digresses towards "should otr should this not be done?". I opened this thread for those who are oppose this idea, or want to discuss if it's productive. I would like current thread to be about actually doing it.

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[deadweasel]

Lets not kid ourselves - we are under attack. Our only recourse is screaming and yelling as loud as we possibly can. I wonder if someone with legal skills could draft petition we could submit to whitehouse.gov in response to recent FinCEN encroachment

Key points could be:

- US government didn't create bitcoin, we the global community of people did. US government has no right to regulate it
- Bitcoin was made specifically with the purpose of government not being able to (sorry for my french) fuck with it. We want this purpose to be respected
- Same is valid for most of other virtual currencies
- Therefore we are asking government to step back and stop messing with people's currency. USA has their own currency, so regulate it all you want, leave us alone

Your rights have been under attack for decades.  Why would the US Gov ignore bitcoin when they start losing tax revenue?   

[serchanto]

Lets not kid ourselves - we are under attack. Our only recourse is screaming and yelling as loud as we possibly can. I wonder if someone with legal skills could draft petition we could submit to whitehouse.gov in response to recent FinCEN encroachment

Key points could be:

- US government didn't create bitcoin, we the global community of people did. US government has no right to regulate it
- Bitcoin was made specifically with the purpose of government not being able to (sorry for my french) fuck with it. We want this purpose to be respected
- Same is valid for most of other virtual currencies
- Therefore we are asking government to step back and stop messing with people's currency. USA has their own currency, so regulate it all you want, leave us alone

Your rights have been under attack for decades.  Why would the US Gov ignore bitcoin when they start losing tax revenue?   

They wouldn't, unless maybe if there is a lot of public outcry.  I second the petition idea.

[stevegee58]

I would say just the opposite of OP.  Absolutely do not sign or even start a petition regarding BTC.

Isn't the whole point of BTC to have an independent way of conducting business without government intervention?  Petitioning the government is like asking them for legitimacy.  Who needs that?  BTC is its own thing.

"Ourselves Alone"

[Roger_Murdock]

Stop asking for permission. It only encourages them.

[coga]

Your rights have been under attack for decades.  Why would the US Gov ignore bitcoin when they start losing tax revenue?   

They wouldn't, unless maybe if there is a lot of public outcry.  I second the petition idea.

Yeah, exactly. You cannot fight them with violence. But they depend on public support. The only way they would possibly back off is if there is a risk to lose public support.

[deadweasel]

Stop asking for permission. It only encourages them.

"Stop asking for permission. It only encourages them."  +1


Bitcoin was made to run under the worst of conditions -- even if made illegal.  We need not petition anybody. 

[tutkarz]

Your rights have been under attack for decades.  Why would the US Gov ignore bitcoin when they start losing tax revenue?   

They wouldn't, unless maybe if there is a lot of public outcry.  I second the petition idea.

Yeah, exactly. You cannot fight them with violence. But they depend on public support. The only way they would possibly back off is if there is a risk to lose public support.

How we cant fight them? You dont know what our history is? It is filled with aristocrats or politics hung on trees or cut with saw by angry people. They forgot we can do this even now if they push us too hard.

[stevegee58]

I'm still trying to understand what OP's issue is he's so upset about.  The government can't control or shut down BTC.

The only thing they can really control is conversion to/from fiat currencies.  In my view that's actually a good thing.  It'll force BTC users to stop viewing BTC in reference to the USD or EUR and start thinking in terms of BTC as a medium of exchange for goods and services.

[deadweasel]

I'm still trying to understand what OP's issue is he's so upset about.  The government can't control or shut down BTC.

The only thing they can really control is conversion to/from fiat currencies.  In my view that's actually a good thing.  It'll force BTC users to stop viewing BTC in reference to the USD or EUR and start thinking in terms of BTC as a medium of exchange for goods and services.

+1

[Bitzing]

I'm still trying to understand what OP's issue is he's so upset about.  The government can't control or shut down BTC.

The only thing they can really control is conversion to/from fiat currencies.  In my view that's actually a good thing.  It'll force BTC users to stop viewing BTC in reference to the USD or EUR and start thinking in terms of BTC as a medium of exchange for goods and services.

This is pretty much what is going to sustain and rise the value. These are all time high's reaching $95 but wait till hits mainstream hard and we will be wishing we stacked out coin.

[coga]

I'm still trying to understand what OP's issue is he's so upset about.  The government can't control or shut down BTC.

The only thing they can really control is conversion to/from fiat currencies.  In my view that's actually a good thing.  It'll force BTC users to stop viewing BTC in reference to the USD or EUR and start thinking in terms of BTC as a medium of exchange for goods and services.

OP is upset that he will likely to end up closing the business it took him so much time to build

[stevegee58]

OP is upset that he will likely to end up closing the business it took him so much time to build

Well don't panic yet.  Money changers have been around for millennia and won't go away overnight.

Successful businesses are adaptable.  You've have to stay on top of the regulatory landscape to stay in business.

[Bitcopia]

OP is upset that he will likely to end up closing the business it took him so much time to build

Successful businesses are adaptable.  You've have to stay on top of the regulatory landscape to stay in business.

While this is true, the regulatory landscape for money transmitters is quite intense. For a small sole proprietorship, it is nearly impossible to put the money up for registration federally and in 47 states, legal counsel fees, hiring an AML compliance officer, yearly third party testing of the AML policy, and bi- yearly renewal.

[Bitcopia]

But OP's proposition points are ridiculous. The government didn't create a lot of things that it rightfully regulates. I'm not advocating the regulation of bitcoin, but it is inevitable. Especially when you are exchanging it for money that the government did create.

[Gabi]

This should go in the USA section