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Author Topic: Banks and Goverments will some day start buying BTC?  (Read 2441 times)
chaosknight
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November 17, 2013, 03:04:53 AM
 #21

Well the FBI already got a head start on that....I cant remember how much they got after the seizure.  Maybe that will be the best way for governments to collect BTC.  Shutting down illegal websites and hijacking their wallets.  Modern robbery style!

Better still, freeze all the banking account for people that have any dealing with BTC and they now have both BTC and more fiat Smiley
petersiddle98
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November 17, 2013, 03:58:12 AM
 #22

Well the FBI already got a head start on that....I cant remember how much they got after the seizure.  Maybe that will be the best way for governments to collect BTC.  Shutting down illegal websites and hijacking their wallets.  Modern robbery style!

Better still, freeze all the banking account for people that have any dealing with BTC and they now have both BTC and more fiat Smiley

Yeah, this is what they are doing... FBI is good business...

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November 17, 2013, 12:32:40 PM
 #23

When do you think that goverments and banks start buying BTC?

Do you think that this some day happen?

They already are buying them secretly.... thats the reason why the price has went up so much..
MilesJohan
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November 17, 2013, 01:49:26 PM
 #24

When do you think that goverments and banks start buying BTC?

Do you think that this some day happen?

Bitcoin don't have any regulation or government to control it.. So no, never until there is some regulation...

MileyJohanson
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November 17, 2013, 11:39:18 PM
 #25

who knows, maybe some banks already invested some money in ASICS

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November 18, 2013, 11:23:43 AM
 #26

I think they will try to get rid of it

 Grin
LightningBlade
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November 18, 2013, 12:51:44 PM
 #27

who knows, maybe some banks already invested some money in ASICS

I don't think banks will do that cause its dangerous if anything caught fire...

Martijnvdc
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November 18, 2013, 01:49:41 PM
 #28

I think a lot of people here are overestimating bitcoin a LOT... It's still very far from being considered a serious currency. I'd be very surprised if banks invested in such a high risk currency as bitcoin.

Also, why would governments want to own bitcoins? It's nearly impossible to tax people as bitcoin is anonymous. I see bitcoin more like an easy to trade version of gold.
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November 18, 2013, 09:32:23 PM
 #29

governments don't have to buy it, they take it by force for any reason they like. take silk road as example.

Which is why I wuv bitcoin so much. You were missing a key word in that quote above. The word is 'try'.
The government can have my bitcoins when they pry them from my cold dead hands solve the P=NP problem.

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niothor
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November 19, 2013, 08:40:13 AM
 #30

Banks are not afraid of BTC because in it's current form it is an economic joke that will never actually perform the function of money in an economy.  And even if it DID, it dose nothing to address the root cause of Banking wealth, interest on debt.  A debt in BTC will still carry interest, so a BTC bank would function no different then a Dollar bank.  To undermine banking you need to eliminate urury and interest at it's source which is the hardness of money.  BTC was designed to be harder then real gold and if you know ANY economic history you know banks LOVED GOLD MONEY because it generates interest.  If BTC or something as hard as BTC were our money Banks would be enriched to a staggering degree, but you folks don't really care about that because in your hearts YOU lust to be the very banking class you claim to despise.

You realize that most people here love bitcoin only because they hate banks , right ? Cheesy


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rampalija
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November 26, 2013, 09:54:46 PM
 #31

and that day came Cheesy

Coma
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November 26, 2013, 09:58:41 PM
 #32

and that day came Cheesy

What do you mean?
rampalija
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November 26, 2013, 09:59:22 PM
 #33


U.S. senate accepted the BTC so others will Cheesy very quickly

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November 27, 2013, 03:36:53 AM
 #34


U.S. senate accepted the BTC so others will Cheesy very quickly

I consider myself REALLY optimistic about Bitcoin, but I think we are pretty far from Banks and Goverments actually buying BTC themselves.
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November 27, 2013, 08:04:13 AM
 #35


U.S. senate accepted the BTC so others will Cheesy very quickly

I consider myself REALLY optimistic about Bitcoin, but I think we are pretty far from Banks and Goverments actually buying BTC themselves.


I think they are buying them secretly

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