Bitcoin Forum
August 18, 2026, 07:53:28 AM *
News: Latest Bitcoin Core release: 31.1 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: [2017-01-31] The other ban that was quietly announced last week  (Read 477 times)
nikkisnowe (OP)
Member
**
Offline

Activity: 105
Merit: 10


View Profile
February 01, 2017, 06:33:30 PM
 #1

http://www.ronpaullibertyreport.com/archives/the-other-ban-that-was-quietly-announced-last-week
darkangel11
Legendary
*
Offline

Activity: 2492
Merit: 1360

Don't let others control your BTC -> self custody


View Profile
February 01, 2017, 09:45:21 PM
 #2

Trump is saying we don't need no terrorist money, but what about money that come in the form of oil? Arab cash is a big no no, but Arab goods are all fine.
Great, no cash flow from muslim countries equals more money flow into cryptocurrencies.
maku
Legendary
*
Offline

Activity: 1288
Merit: 1000



View Profile
February 01, 2017, 10:11:43 PM
 #3

It is not surprising that authorities are trying to curb physical money, after all cash offers anonymity far superior to anything we invented so far.
We live in times when governments will tell us that ban of high denomination money (India) or purchasing anything with €1000 or more (France) is made illegal because it helps terrorism or mafia.
Introducing another level of restrictions and bans will not help the society - instead we will go towards Orwellian future when everything is controlled.
Hydrogen
Legendary
*
Offline

Activity: 2800
Merit: 1450



View Profile
February 02, 2017, 01:47:10 AM
 #4

If cash is eliminated, banks have a monopoly over currency exchange.

It has nothing to do with security, terrorism, convenience or any of those marketing ploys.

Its about control.

Also

Quote
HSBC Bank Helped Terrorists, Iran, Mexican Drug Cartels Launder Money, Senate Report Says

A Senate report released ahead of the embargo time revealed that HSBC’s lax anti-money laundering policies allowed Mexican drug money, Iranian terrorist money, and even suspicious Russian money to enter the U.S. and gain access to U.S. dollar liquidity over the last couple of years.

http://www.forbes.com/sites/afontevecchia/2012/07/16/hsbc-helped-terrorists-iran-mexican-drug-cartels-launder-money-senate-report-says/
Silberman
Legendary
*
Offline

Activity: 2716
Merit: 1397


View Profile
February 02, 2017, 03:16:22 AM
 #5

It is not surprising that authorities are trying to curb physical money, after all cash offers anonymity far superior to anything we invented so far.
We live in times when governments will tell us that ban of high denomination money (India) or purchasing anything with €1000 or more (France) is made illegal because it helps terrorism or mafia.
Introducing another level of restrictions and bans will not help the society - instead we will go towards Orwellian future when everything is controlled.

I don’t think so, they may try to get control over everything, but the harder they struggle to get that control, the harder a portion of the population will push to avoid being monitored in every single thing they do and crypto currencies are a way to counter that.
Spoetnik
Legendary
*
Offline

Activity: 1540
Merit: 1012


FUD Philanthropist™


View Profile
February 02, 2017, 07:08:02 AM
 #6

Interesting and i reported your topic so it would get moved.. for your benefit.

FUD first & ask questions later™
Hydrogen
Legendary
*
Offline

Activity: 2800
Merit: 1450



View Profile
February 02, 2017, 08:07:58 PM
 #7

i reported your topic so it would get moved.. for your benefit.

What does this mean?

 Huh
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!