[2014 01 31] The Conversation -For Bitcoin, regulation may kill the golden goose

[nanobrain]

Aussie academic weighs in.

Bitcoin bingo?
SR...check
Money laundering...check
Winkelvoss....check
Terrorism...check

https://theconversation.com/for-bitcoin-regulation-may-kill-the-golden-goose-22480

This is a view shared in part by the US Treasury secretary Jack Lew and Jamie Dimon, CEO of JPMorgan. At the World Economic Forum last week, Jamie Dimon warned that Bitcoin could be used to fund terrorism and that regulation would essentially shut it down. Lew commented that having talked to Jamie Dimon, “he and I both share a certain incredulity about the whole phenomenon”.

So, a man who prints millions of dollars a day to bail out his country and a banker, don't like BTC....who'd a thunk?

[1715672001]

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[marcus_of_augustus]

So, a man who prints millions of dollars a day to bail out his country and a banker, don't like BTC....who'd a thunk?

Technically, the Treasury secretary is not printing the $65 billion per month, that is Janet Yellen, Federal Reserve Chairwoman's responsibility.

The US Treasury Secretary just makes sure that the ever growing pile of debt notes issued by the Government keeps flowing so that the Fed. has something to buy with all that freshly printed e-money. E.g. unpayable debt obligations of the now bonded tax-paying US 'free' citizens.

[nanobrain]

So, a man who prints millions of dollars a day to bail out his country and a banker, don't like BTC....who'd a thunk?

Technically, the Treasury secretary is not printing the $65 billion per month, that is Janet Yellen, Federal Reserve Chairwoman's responsibility.

The US Treasury Secretary just makes sure that the ever growing pile of debt notes issued by the Government keeps flowing so that the Fed. has something to buy with all that freshly printed e-money. E.g. unpayable debt obligations of the now bonded tax-paying US 'free' citizens.

I'm not in the US, so my knowledge of your functionaries is limited.

[guybrushthreepwood]

This is a view shared in part by the US Treasury secretary Jack Lew and Jamie Dimon, CEO of JPMorgan. At the World Economic Forum last week, Jamie Dimon warned that Bitcoin could be used to fund terrorism and that regulation would essentially shut it down. Lew commented that having talked to Jamie Dimon, “he and I both share a certain incredulity about the whole phenomenon”.

I think they've got a bigger problem with US dollars funding terrorism. What a joke.

[Carlton Banks]

Technically, the Treasury secretary is not printing the $65 billion per month, that is Janet Yellen, Federal Reserve Chairwoman's responsibility.

The US Treasury Secretary just makes sure that the ever growing pile of debt notes issued by the Government keeps flowing

You almost make it sound like they're both just the public face of the operation, without any real responsibility to make policy at all! Surely that's not a fair portrayal! 

[hilariousandco]

This is a view shared in part by the US Treasury secretary Jack Lew and Jamie Dimon, CEO of JPMorgan. At the World Economic Forum last week, Jamie Dimon warned that Bitcoin could be used to fund terrorism and that regulation would essentially shut it down. Lew commented that having talked to Jamie Dimon, “he and I both share a certain incredulity about the whole phenomenon”.

I think they've got a bigger problem with US dollars funding terrorism. What a joke.

Ah, 'terrorism' is one of the buzzwords these bastards usually use.



Think someone edited the above picture to included Bitcoin, but I can't find it.