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Author Topic: Hearing on BTC in senate NOW  (Read 9780 times)
AnonyMint
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November 19, 2013, 05:36:51 AM
 #141

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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.

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November 19, 2013, 06:00:07 AM
 #142

Satoshi is Al Gore!

Senator Carper just revealed it!

http://c-spanvideo.org/clip/4473922

Freedom is a state of mind, and then Bitcoin comes along.....
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November 19, 2013, 06:12:17 AM
 #143

The asian woman behind patrick murck is satoshi nakamoto!!!

Hodl for the longest tiem.

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November 19, 2013, 06:42:44 AM
 #144

Not the businesses that use Bitcoins for transactions.  Just the exchanges, brokers, and dealers. The ones that handle other people's money. Over half the Bitcoin exchanges have failed, taking customer funds with them.

And every single miner who exchanges mined Bitcoins for fiat currency.   The guidance doesn't even provide a carve out if the miners uses a registered exchange.

Quote
This hearing probably is a lose for the shadier exchanges. With all the major US regulators indicating that they have no fundamental problem with Bitcoin, attention will be focused on the bad actors. Like Mt. Gox not paying out customer funds.

The status quo is a lose for 100% of Bitcoin exchanges, not the "shadiest".... 100% as in every Bitcoin exchange in operation and every one that every existed.  There isn't a single Bitcoin exchange, broker, or deal with a MT license in all fifty states.   The closest anyone came was Bitstamp and when they got all their licenses (at tremendous expense), every bank shut off their bank accounts and refused to do business with them.
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November 19, 2013, 06:47:59 AM
 #145

I feel weird I just liked Chairman Carper on Youtube
http://www.hsgac.senate.gov/media/majority-media/key-senate-committee-holds-first-congressional-hearing-on-virtual-currencies

Believing in Bitcoins and it's ability to change the world
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November 19, 2013, 01:48:56 PM
 #146

"Circle Internet Financial"? "Jeremy Allaire", their CEO, is speaking. They were established three weeks ago. They have $9 million in capital from a VC.


You guys missed the whole point...
This Trojan Horse Dude spelled it out clearly...
Raise Barriers to Entry from zero to $1-2 million Reg Fees...
Then HIGH ongoing compliance costs... because money is "special".

Every bank and well-financed BTC business wants High Barriers to Entry...
And that is what we will get codified in law by the Govt.

Then they'll methodically shut down all businesses "not in compliance"...
Which is about 99% of the businesses here.

The beginning of the PayPalization of BitCoin.

In the USA...

sorry to disapoint you, but BTC dont care about borders..
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November 19, 2013, 01:51:39 PM
Last edit: November 19, 2013, 02:12:02 PM by DoomDumas
 #147

The asian woman behind patrick murck is satoshi nakamoto!!!


Cheesy   +1   Nice call !


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November 19, 2013, 03:15:17 PM
 #148

The asian woman behind patrick murck is satoshi nakamoto!!!


Cheesy   +1   Nice call !




Yeah, she kept nodding her approval through the whole hearing.

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November 19, 2013, 03:33:20 PM
 #149

Poe, nice lady
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November 20, 2013, 12:23:12 AM
 #150

Any links to the video of Tony Gallippi's testimony ??

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November 20, 2013, 12:26:47 AM
 #151

Any links to the video of Tony Gallippi's testimony ??
http://www.c-spanvideo.org/program/VirtualCu#

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I won't ever ask for a loan nor offer any escrow service. If I do, please consider my account as hacked.
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November 20, 2013, 12:46:41 AM
 #152


Perfect! Thanks

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