bitbitcoins (OP)
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bitbitcoins.com
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June 03, 2013, 09:34:51 PM |
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Swapster
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June 03, 2013, 10:37:28 PM |
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It is absurd that Pay Pal was mentioned in that story, but what really made me angry was that there is a concern by the Fed to protect the banksters and their ripoff fees. They want the fleecing to continue.
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marcus_of_augustus
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Eadem mutata resurgo
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June 03, 2013, 10:49:34 PM Last edit: June 03, 2013, 11:16:57 PM by marcus_of_augustus |
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It is just a pretext they are trying to establish to warrant future criminal intervention to prop up the contract law debt US Federal Reserve note racket.
Basically BitCoin is outside their jurisdiction, their boundary properly ends at dollars. The ECB was trying to use the same gambit. It is a matter for the people (through elected representatives) to decide not unelected bureaucrats guarding their rackets.
They are trying to establish that they have jurisdiction over decentralised crypto-currencies in general as fait accompli when they clearly do not have any legal authority and that debate in Congress has not even happened. It is the same game when they took paper currencies off the gold standard ... do you know anybody who voted on that? The Federal Reserve should have been charged with racketeering when that happened.
Edit: "Give me control of a nation's money supply, and I care not who makes its laws."
Mayer Amschel Rothschild 2.0
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BCB
CTG
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BCJ
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June 03, 2013, 10:55:00 PM |
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"Give me control of a nation's world's money bitcoin supply, and I care not who makes its laws."
Mayer Amschel Rothschild 2.0
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aigeezer
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Cryptanalyst castrated by his government, 1952
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June 04, 2013, 12:11:46 AM |
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Anyone into etymology or semantics? The bankers are worried that BTC will disrupt their system. Presumably that implies that they, the bankers, want to "rupt" it. "rupt-, -rupting, -ruption. (Latin: break, tear, rend; burst)." http://wordinfo.info/unit/1875
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Foxpup
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Vile Vixen and Miss Bitcointalk 2021-2023
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June 04, 2013, 01:31:44 AM |
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Anyone into etymology or semantics? The bankers are worried that BTC will disrupt their system. Presumably that implies that they, the bankers, want to "rupt" it. "rupt-, -rupting, -ruption. (Latin: break, tear, rend; burst)." http://wordinfo.info/unit/1875Actually, that is the etymology of the word "disrupt": the prefix "dis-" can also be an intensifier, as in "disgruntle" (from gruntle to complain) or "distend" (from tendere to stretch).
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Will pretend to do unspeakable things (while actually eating a taco) for bitcoins: 1K6d1EviQKX3SVKjPYmJGyWBb1avbmCFM4I am not on the scammers' paradise known as Telegram! Do not believe anyone claiming to be me off-forum without a signed message from the above address! Accept no excuses and make no exceptions!
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CurbsideProphet
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June 04, 2013, 01:53:38 AM |
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It is absurd that Pay Pal was mentioned in that story, but what really made me angry was that there is a concern by the Fed to protect the banksters and their ripoff fees. They want the fleecing to continue.
The Fed is nothing more than a cartel of banks, it shouldn't surprise you that they're trying to protect their own.
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1ProphetnvP8ju2SxxRvVvyzCtTXDgLPJV
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aigeezer
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Cryptanalyst castrated by his government, 1952
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June 04, 2013, 02:19:15 AM |
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Anyone into etymology or semantics? The bankers are worried that BTC will disrupt their system. Presumably that implies that they, the bankers, want to "rupt" it. "rupt-, -rupting, -ruption. (Latin: break, tear, rend; burst)." http://wordinfo.info/unit/1875Actually, that is the etymology of the word "disrupt": the prefix "dis-" can also be an intensifier, as in "disgruntle" (from gruntle to complain) or "distend" (from tendere to stretch). I walked into that one but I have an excuse (sorta). Some fifty years ago a philosopher I admired at the time used "gruntled" (for fun) to mean "satisfied", and the usage stuck for me. I didn't realize until just now that he got it from Wodehouse. http://www.worldwidewords.org/qa/qa-dis1.htmI'll have to think of some other way to mock the bankers.
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solex
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100 satoshis -> ISO code
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June 04, 2013, 04:51:08 AM |
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Federal Reserve Study Meeting - All-Day Session
Location: Room 666, Marriner Eccles Bldg
Topic: Payment System Threats
Agenda 1) Paypal 2) Bitcoin
(Meeting commences)
Chair: "Item 1, Paypal as a payment system threat" Attendee X: "I have been researching this one. Paypal blacklists not only the Axis of Evil, but dozens of other countries with troublesome banking systems. They dropped Wikileaks like a hot potato. When we say jump, they ask 'How high?'"
Chair: "OK, so that's wrapped up. Item 2..."
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cypherdoc
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June 04, 2013, 08:47:24 AM |
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Federal Reserve Study Meeting - All-Day Session
Location: Room 666, Marriner Eccles Bldg
Topic: Payment System Threats
Agenda 1) Paypal 2) Bitcoin
(Meeting commences)
Chair: "Item 1, Paypal as a payment system threat" Attendee X: "I have been researching this one. Paypal blacklists not only the Axis of Evil, but dozens of other countries with troublesome banking systems. They dropped Wikileaks like a hot potato. When we say jump, they ask 'How high?'"
Chair: "OK, so that's wrapped up. Item 2..."
attendee y: "Uh sir, we've got a problem. "
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aigeezer
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Cryptanalyst castrated by his government, 1952
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June 04, 2013, 11:39:15 AM |
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Chair: "Have the DHS team arrest the ringleaders. Set up the press conference for Tuesday."
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ShadowOfHarbringer
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Bringing Legendary Har® to you since 1952
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June 04, 2013, 11:47:46 AM |
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"Give me control of a nation's world's money bitcoin supply, and I care not who makes its laws."
Well, good luck with that.
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Akka
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June 04, 2013, 11:56:31 AM |
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The U.S. Federal Reserve is investigating the possible risks benefits in online payment systems like PayPal Inc. and the virtual currency bitcoin, as bankers worry that new online players could disrupt the financial system, officials said at a conference on Monday. FTFY
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All previous versions of currency will no longer be supported as of this update
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TraderTimm
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June 04, 2013, 06:30:59 PM |
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"Give me control of a nation's world's money bitcoin supply, and I care not who makes its laws."
Well, good luck with that. I would absolutely LOVE to see a government try to "corner" bitcoin, then realize what they've done. The price swings would be legendary. I have zero fear of a "corner", just knowing what the market dynamics would be.
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fortitudinem multis - catenum regit omnia
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