Bitcoin at the US Senate

[Arksun]

"You don't think it was Al Gore do you?"    HAHAHA

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[DeathAndTaxes]

Satoshi = Al Gore.   

It makes sense.

[wxg10]

Child porn, child porn, child pron, chlid ponr! Think of the children, damnit!
Next i would like to hear something useful from the experts on transparent funding of Al-Qaeda.
So i hope Mr. Murck implements an useful escrow function on all government spendings.

[Mageant]

They are referring to the application of the FINcen guidelines as applying only to the exchanges, rather than to the miners and exchanges.... interesting.
There hasn't been any application of that guidance yet to enforce.  It seems that now that the US DOJ has been able to nab almost 1% of all bitcoin into their coffers, they want to keep it in the US.
A historical footnote Silk road saves the USA by getting caught within it.

I agree, now that the US has a vested interest in Bitcoin they might actually embrace it.

[btcash]

The Asian lady behind Murck is pretty hot.

And she likes Bitcoin. 

"You don't think it was Al Gore do you?"

My favourite moment. I think Carper has a positive attitude towards Bitcoin, despite his age. I respect him very much for that.

[Kouye]

The Asian lady behind Murck is pretty hot.

And she likes Bitcoin.  

"You don't think it was Al Gore do you?"

My favorite moment was when this asian girl (aka Satoshi) exchanged a handshake with the chairman.  

[SaltySpitoon]

My sides after the senator asked if Al Gore was Satoshi 

[Wilikon]

I think it's Jinyoung Lee Englund... Director of Public Affairs BTCFoundation

I quickly looked for her twitter account's main page. It says "happily married". Translation: "OK people? Back off I am taken already!"

I thought this hearing was VERY positive. For people not into child porn or buying drugs like myself I am not sure what exactly I should worry about beside stuff like CoinValidation schemes in the future.

I enjoyed the hearing and nothing I got from it was a surprise. I actually heard believers involved with the fundation and found them very eloquent defending bitcoin.

[btcash]

I quickly looked for her twitter account's main page. It says "happily married". Translation: "OK people? Back off I am taken already!" Grin

Was thinking the same thing. Never seen this before in a Twitter description. There must be a lost of Bitcoin guys hiting on her.

I was wondering why no one mentioned Zerocoin or Coinjoin. Which would be a huge deal for all government agencies. Don't they know about that or what is the deal here?

[Robert Lewandowski]

I quickly looked for her twitter account's main page. It says "happily married". Translation: "OK people? Back off I am taken already!" Grin

Was thinking the same thing. Never seen this before in a Twitter description. There must be a lost of Bitcoin guys hiting on her.

I was wondering why no one mentioned Zerocoin or Coinjoin. Which would be a huge deal for all government agencies. Don't they know about that or what is the deal here?

What about Zerocoin or Coinjoin?

[Mondy]

looks like it all went well!

[dominicwin]

looks like it all went well!

Seriously!!!

[RandomPleb]

looks like it all went well!

Seriously!!!

I honestly can't believe how well that went either, the whole panel managing to keep their objectivity even when presenting issues that usually send the media types into a frenzy.

There's a good chance (imho) that this entire presentation will become historically significant. Or maybe I'm just getting caught up in the moment

[dominicwin]

looks like it all went well!

Seriously!!!

I honestly can't believe how well that went either, the whole panel managing to keep their objectivity even when presenting issues that usually send the media types into a frenzy.

There's a good chance (imho) that this entire presentation will become historically significant. Or maybe I'm just getting caught up in the moment

My brain is having a hard time keeping up haha.

[Wilikon]

The Asian lady behind Murck is pretty hot.

And she likes Bitcoin.  

"You don't think it was Al Gore do you?"

My favorite moment was when this asian girl (aka Satoshi) exchanged a handshake with the chairman.  

YES! I believe the Chairman noticed her.

Seriously I am a caveman and I offer zero excuses for being one. But I would love more women to be involved in bitcoin to the highest representation levels. All women of ages and origin. When women embrace bitcoin, $1000 bitcoin will look like a bargain in the future.... It will really become mainstream.

[randyshan]

The Asian lady behind Murck is pretty hot.

And she likes Bitcoin.  

"You don't think it was Al Gore do you?"

My favorite moment was when this asian girl (aka Satoshi) exchanged a handshake with the chairman.  

YES! I believe the Chairman noticed her.

Seriously I am a caveman and I offer zero excuses for being one. But I would love more women to be involved in bitcoin to the highest representation levels. All women of ages and origin. When women embrace bitcoin, $1000 bitcoin will look like a bargain in the future.... It will really become mainstream.

Just now it was $1300 in China market. Now it is $1000. really crazy.

[freedomno1]

looks like it all went well!

Seriously!!!

I honestly can't believe how well that went either, the whole panel managing to keep their objectivity even when presenting issues that usually send the media types into a frenzy.

There's a good chance (imho) that this entire presentation will become historically significant. Or maybe I'm just getting caught up in the moment

Nope this will be history and we will all remember that the Bitcoin Foundation member needed more lividness
Mean energy lol

Also MY favorite Pic of the Day

[AnonyMint]

I quickly looked for her twitter account's main page. It says "happily married". Translation: "OK people? Back off I am taken already!" Grin

Was thinking the same thing. Never seen this before in a Twitter description. There must be a lost of Bitcoin guys hiting on her.

I was wondering why no one mentioned Zerocoin or Coinjoin. Which would be a huge deal for all government agencies. Don't they know about that or what is the deal here?

What about Zerocoin or Coinjoin?

Doesn't help at all for several reasons. For one thing, you are only as anonymous as the others who use it with you, because once they reveal their identities, then you can be isolated. The probability of you being found increases over time, as more and more downstream trail on the public ledger reveals more and more identities.

BitCON just can't be made anonymous. The only way is to build in the anonymity into the protocol of the coin.

The Senate Committee conversation today definitely was interesting this seems almost like a moot topic as the government itself is still working on Guidelines

How can they enforce blacklists?

Now you know why I am working on a more anonymous altcoin.

We will need an escape hatch very soon.

Will they whitelist? Which means if they don't know your identity they block you. But where is the block placed? At the exchanges I presume where they have AML and KYC authority?

Perhaps they declare it is illegal to receive coins which are not whitelisted. So then anonymous coins won't be accepted by anyone who is not anonymous.

Anonymity is an all or nothing unless some countries will resist USA edicts.

We are heading into cyberwarfare. You must go anonymous or be harvested by the "confiscate all wealth" coming when the global economy implodes.

You will have no choice but to go anonymous, or you lose nearly everything. This is what most people don't realize yet.

The law isn't going to help you. Again read my thread:

https://bitcointalk.org/index.php?topic=323988.msg3626642#msg3626642
https://bitcointalk.org/index.php?topic=323988.msg3627932#msg3627932

The elite have a definitive plan to confiscate everything.

One of the plans floated by Larry Summers and Paul Krugman is to force everyone into electronic currency, then deduct from your account automatically by forcing negative interest rates. They say this is the only way to keep funding socialism forever.

You all don't understand. We are really headed into a global nightmare of unfathomable wickedness.

They don't plan to end this. This is forever in their mind. Which means we will go into war and wickedness.

[AnonyMint]

Seems most are breathing a sigh of relief thinking that the hearing added no push for new regulations or laws. What they said was the existing AML and KYC is sufficient for now.

Hello? KYC means what? Know Your Customer.

That means merchants required to know who you are. That means reporting to the government.

Electronic currency on a public ledger means they can ramp up these existing laws to require e-file reporting on smaller and smaller transactions.

The NSA is mopping everything. Soon the FinCEN or DHS or... will be mopping up all transaction identities.

If you aren't whitelisted, the merchant can't accept you.

666 anyone?

Don't be so naive. These transformations move slowly enough that you boil like a frog.

[steelboy]

Apologies if its been asked already but is there anywhere to download the meeting to watch offline?