One of the worlds most knowledagble Venture Capitalists in payments view on BTC

[empoweoqwj]

US government made some bad decisions in the past. Alcohol used to be baned but this didn't stop people from drinking it. So is weed now and most people somehow tried it, so this doesn't scare me at all. If BTC has the support of the people it will survive.

And that was within something the government thought they could control because it was within their borders. Sod all chance with controlling bitcoin. Same applies to all governments.

[hilariousandco]

US government made some bad decisions in the past. Alcohol used to be baned but this didn't stop people from drinking it. So is weed now and most people somehow tried it, so this doesn't scare me at all. If BTC has the support of the people it will survive.

And that was within something the government thought they could control because it was within their borders. Sod all chance with controlling bitcoin. Same applies to all governments.

Yeah, but we all know how much America likes to play World Police.

http://www.youtube.com/watch?v=IhnUgAaea4M

[bitpop]

just trying to buy low

[empoweoqwj]

Indian phuck is just trying to buy low

I think you got the wrong topic dude, or the wrong forum, hard to tell 

[evoked22]

Is there a reason the majority of concerns are around what the government is going to decide and think. Have you not realised yet, they are the ones on the wrong side of the fence. If they accept it, it means that have accepted defeat and dont want to die out. The ones that dont accept it will fight it until they are replaced or weakened.

Its no longer in their hands so please stop waiting on a response and just keep pushing forward. Its already too late spreading faster than they can try to stop. Its like trying to stop the internet or social network media, Its not going to happen.

Happy trading and mining

to the moon!

[empoweoqwj]

Is there a reason the majority of concerns are around what the government is going to decide and think. Have you not realised yet, they are the ones on the wrong side of the fence. If they accept it, it means that have accepted defeat and dont want to die out. The ones that dont accept it will fight it until they are replaced or weakened.

Its no longer in their hands so please stop waiting on a response and just keep pushing forward. Its already too late spreading faster than they can try to stop. Its like trying to stop the internet or social network media, Its not going to happen.

Happy trading and mining

to the moon!

That's very idealistic, and I hope you are right. But governments controls laws and banks. Bitcoin will have a very long hard struggle without being able to interface with banks.

[hilariousandco]

Is there a reason the majority of concerns are around what the government is going to decide and think. Have you not realised yet, they are the ones on the wrong side of the fence. If they accept it, it means that have accepted defeat and dont want to die out. The ones that dont accept it will fight it until they are replaced or weakened.

Its no longer in their hands so please stop waiting on a response and just keep pushing forward. Its already too late spreading faster than they can try to stop. Its like trying to stop the internet or social network media, Its not going to happen.

Happy trading and mining

to the moon!

That's very idealistic, and I hope you are right. But governments controls laws and banks. Bitcoin will have a very long hard struggle without being able to interface with banks.

I don't think it will. I reckon it can work alongside them fine. Governments will obviously regulate it, but it'll be as futile as the war on drugs if they try to kill or suppress it.

[empoweoqwj]

Is there a reason the majority of concerns are around what the government is going to decide and think. Have you not realised yet, they are the ones on the wrong side of the fence. If they accept it, it means that have accepted defeat and dont want to die out. The ones that dont accept it will fight it until they are replaced or weakened.

Its no longer in their hands so please stop waiting on a response and just keep pushing forward. Its already too late spreading faster than they can try to stop. Its like trying to stop the internet or social network media, Its not going to happen.

Happy trading and mining

to the moon!

That's very idealistic, and I hope you are right. But governments controls laws and banks. Bitcoin will have a very long hard struggle without being able to interface with banks.

I don't think it will. I reckon it can work alongside them fine. Governments will obviously regulate it, but it'll be as futile as the war on drugs if they try to kill or suppress it.

The acid test will be in 2014 whether banks in the States and Europe are actually prepared to work long term with properly set-up bitcoin-related companies. I suspect they will be. To date, bitcoin companies have been very "flaky" so its not surprising banks have dumped them. Lack of clear regulation and guidelines has panicked banks as well.