2013-08-15 CNBC - Bitcoin gets the FBI, Homeland treatment

[wasthatawolf]

http://finance.yahoo.com/news/bitcoin-gets-fbi-homeland-treatment-054851386.html

[westkybitcoins]

The article lies.

More recently it has attracted attention from regulators from around the globe.

And then it proceeds to list a couple of non-U.S.-based companies having trouble with U.S. regulators.

The only one freaking out over Bitcoin is the U.S. government and it's worst control zones (California, New York.) Trying to frame it as some sort of global issue when it's clear the U.S. is the one that has a problem, not Bitcoin, is deceptive "reporting."

But considering the state of affairs today, such "news" is not exactly surprising.

[Bitcopia]

"As with all emerging technologies; the federal government must make sure that potential threats and risks are dealt with swiftly; however, we must also ensure that rash or uninformed actions don't stifle a potentially valuable technology," Committee Chairman Thomas Carper and Ranking Member Tom Coburn said in the letter addressed to the Secretary of Homeland Security Janet Napolitano.

Well in the midst of all the FUD and opportunities to be completely irrational, at least he called it a potentially valuable technology. It's already highly valuable, but I wouldn't have been surprised to see that same statement end at the second semicolon.

[marcus_of_augustus]

Senate oversight MO ...

"illegal spying? out of control agencies? massive executive overreach? ... "yeah we'll get back to you, nothing to worry about, move along quickly now"

"virtual currencies allowing people freedom to peacefully transact globally?" ... "ten different committees are looking into it, red alert, blue-ass fly mode"

The contrast couldn't be starker.

[TraderTimm]

Senate oversight MO ...

"illegal spying? out of control agencies? massive executive overreach? ... "yeah we'll get back to you, nothing to worry about, move along quickly now"

"virtual currencies allowing people freedom to peacefully transact globally?" ... "ten different committees are looking into it, red alert, blue-ass fly mode"

The contrast couldn't be starker.

And this is precisely why I think we need to get our mining pools on meshnets - now.

Good catch, you're absolutely correct.