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November 13, 2013, 06:36:54 PM |
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I've seen a few threads here and there asking about hypothetical takedown scenarios, *should* the government decide to go after that.
I think we need to be more practical with this topic, because, in my mind, there is no "what if" there is only "when".
Here's what's currently happening (in very broad terms):
The Federal Reserve, through Quantitative Easing is unintentionally destroying the dollar in an effort to prop up the criminal Wall Street mobs. The Fed has only been able to get away with this for so long due to the petrodollar paradigm that has been forced upon the world. When this global Ponzi scheme begins to collapse, investors around the world will seek growth outside of the dollar, and I believe bitcoin will be one of those first places. In fact, I have been reading lately that China has been a strong supporter of bitcoin. Give it some time, if it begins to have a noticeable effect, there is a good chance that the US government could view this as a direct attack by China (it probably is) on the dollar, and retaliate accordingly.
Now, as the banks have proved before, they will stop at nothing to preserve their power. My question is: what can they do once they decide to go to war with bitcoin? Remember, these are the people that have the power to create infinite amounts of money at the click of a button, they have any means in the world available at their disposal. The NSA/DHS/FBI/CIA... I actually think that this is one of the reasons the bitcoin devs have remained anonymous - to protect themselves.
I think all of us bitcoiners need to be prepared for this, so the discussion should start now.
I could see it initially playing out like this: first it becomes illegal, under the pretense of stopping the usual suspects: drug dealers, child pr0nographers, Chinese/Russian gangs. After that, it's anyone's guess.
Thoughts?
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