senator-calls-for-bitcoin-ban-2014

[yomofo]

http://www.businessinsider.com/senator-calls-for-bitcoin-ban-2014-2

[the_sunship]

obviously doesn't understand that bitcoin would help most of the people who vote for him.

[Hyena]

I call for ban of the torrent network.

[exponential]

Can't blame him, probably still emotional from loosing his GOXcoins.

[faiza1990]

Can't blame him, probably still emotional from loosing his GOXcoins.

he is not alone many emotional and upset just because of this these newses surrounding here

[Hyena]

Can't blame him, probably still emotional from loosing his GOXcoins.

or pirate40 coins

[pungopete468]

Great idea, let's make a global reserve currency, call it the US Dollar, and then start banning the exchangability for other currencies because they compete with ours... Seriously?

He also supports gun control, the unilateral power for either the President or Attorney General to issue a drone strike on an American citizen, on American soil, who "may be involved in a terrorist plot." I think your days in office are numbered and we all hope you trip down the stairs once that door hits you on the way out.

Sad to see such misrepresentation these days...

[Dalmar]

I call for ban of the torrent network.

Obvious not possible, but banning US exchanges and services like Coinbase would be very easy for them.

[Serge]

politicians are useless species. i would rather have google optimizing and balancing nation's budget

[miketonic]

politicians are useless species. i would rather have google optimizing and balancing nation's budget

Lol'd  This would probably give better results..

[Ibian]

Oh my, yes. It is clear to me now that a currency that increases in value the longer I hold it is a Bad Thing. I am so glad this enlightened gentleman called it to our attention or I might never have seen it.

[proudhon]

As of December 2013, the Consumer Price Index (CPI) shows 1.3% inflation, while a recent media report indicated Bitcoin CPI has 98% deflation. In other words, spending Bitcoin now will cost you many orders of wealth in the future. This flaw makes Bitcoin’s value to the U.S. economy suspect, if not outright detrimental.

Alert!  You might actually preserve your wealth with bitcoin.  STAY AWAY!!!  STAY THE FUCK AWAY!!!

[mb300sd]

I forsee his opponent accepting bitcoins. Large donations incoming.

[Hyena]

politicians are useless species. i would rather have google optimizing and balancing nation's budget

Lol'd  This would probably give better results..

And Amazon suggesting laws and regulations

"Parties who have banned prostitution have also banned bitcoin, do you wish to ban bitcoin too?"

[seldon]

I forsee his opponent accepting bitcoins. Large donations incoming.

Can anyone check when the next elections are up? I can't make any sense of the US political system..

[av123]

He won reelection in 2012:

http://ballotpedia.org/Joe_Manchin_III

Senators are up for reelection every six years.

[Cyberlight]

Gold is maybe 100% more expensive in 2028,  In other words, spending Gold now will cost you many orders of wealth in the future.

[seldon]

He won reelection in 2012:

http://ballotpedia.org/Joe_Manchin_III

Senators are up for reelection every six years.

Crap.. until then we will all have forgotten about this Bitcoin-thing and stuck our honest work into the dollar, where we can be sure it looses value.

[dynodog]

It's painfully obvious that the senator doesn't do this if the gox matter did not happen.  period.  and this is before the gox customers are officially told - YOU GET NOTHING - YOU LOSE...- this gox shit better get cleaned up sooner rather than later or it's going to get ugly (no matter what the die hard bitcoiners on this site think by pointing to its current price).  hopefully, some whales are stepping up (who realize the potential consequences of tons of people getting cheated out of tons of money).  try to see this from the point of view of the general public and governmental agencies set up to protect people, and not as a hard core bitcoiner (of which I am one too).  

This Senator's move is just the first of many spears to be thrown at us by the governments.  Put your shields up boys, and hopefully when the spears are done raining on us we will still be alive.  

[C10H15N]

The Senator must oppose a currency he can't get his greedy fat fingers on.