Bitcoin Forum
May 21, 2024, 03:10:35 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 [2]  All
  Print  
Author Topic: new FINCEN report on bitcoin  (Read 2720 times)
3btc
Full Member
***
Offline Offline

Activity: 223
Merit: 100



View Profile
April 21, 2013, 04:30:11 PM
 #21

While the dollar isn't "virtual"?  Roll Eyes

It is but a) their ponzi scheme is way more sophisticated and b) we, the bitcoin nation, don't have an army... yet. With nukes... Yet.  Grin

Sell * Buy * Anything * Decentralized * Free

OpenBazaar.Org
dmartig
Member
**
Offline Offline

Activity: 97
Merit: 10


View Profile
April 21, 2013, 05:50:19 PM
 #22

Who cares about fiat money Huh

Banksters and zombies.

THIS
but since banksters rule the world this bears watching.
"competition is sin"  j.d. rockefeller

they will punish sinners make no mistake about it. they are attacking gold and silver.
bitcoin is now on their radar
niko
Hero Member
*****
Offline Offline

Activity: 756
Merit: 501


There is more to Bitcoin than bitcoins.


View Profile
April 21, 2013, 06:03:39 PM
 #23

Nice, but they still don't understand how Bitcoin system operates, or we don't understand the implications of what their well-thought-through statements.

Which of the following are engaged in transmittance of virtual currency:

a) miners, who verify, secure, and include transactions in the ledger
b) pool operators only, not miners contributing hashes to them
c) anyone running a bitcoin client, relaying transactions

Huh

They're there, in their room.
Your mining rig is on fire, yet you're very calm.
Gabi
Legendary
*
Offline Offline

Activity: 1148
Merit: 1008


If you want to walk on water, get out of the boat


View Profile
April 21, 2013, 06:54:38 PM
 #24

Quote
b) pool operators only, not miners contributing hashes to them
Even if they go after pool operators, we have p2pool wich is operated by no one!  Wink

ChristianK
Newbie
*
Offline Offline

Activity: 37
Merit: 0


View Profile
April 21, 2013, 08:26:51 PM
 #25

Quote
This makes it more of a pain in the rear to operate any kind of Bitcoin/crypto-currency (or other virtual currency) exchange if you're based in the U.S., at least in a complying above ground way.
It means that you can be pretty certain to have a way to run a Bitcoin exchange in the US without being thrown in prison for running it.

klooch
Newbie
*
Offline Offline

Activity: 19
Merit: 0



View Profile WWW
April 21, 2013, 08:39:06 PM
 #26

This report is not really anything new, plus there is jsut a few lines about Bitcoin, the rest being self gratification for the great job the FINCEN is working etc etc.

Plus, as it has been mentioned by several others, this only affects US based operations. The EU is due to update their regulations on E-Currencies any time soon, which will give a better the idea of what the regulatory landscape for exchangers is going to look like over the coming years

Pages: « 1 [2]  All
  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!