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Author Topic: Here Comes Bitcoin Reguation  (Read 711 times)
bitcoinval (OP)
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March 04, 2014, 02:01:13 PM
 #1

At Senate hearings last November the Department of Justice said that Bitcoin could be “legal means of exchange” and Chairman of the Federal Reserve, Ben Bernanke noted that Bitcoin “holds long term promise.”

These statements don’t amount to legitimizing Bitcoin or giving it a pass, they mean Bitcoin can be controlled, co-opted, taxed and regulated.

Bitcoiners have the misguided belief that Bitcoin is impervious to government control because it is “decentralized” and “peer to peer”.

These Bitcoin prayer words give Bitcoiners a false sense of the crypto currency’s invincibility.

Here is what may be next:

http://smaulgld.com/here-comes-bitcoin-regulation/

BitOnyx
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March 04, 2014, 03:19:13 PM
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"These Bitcoin prayer words give Bitcoiners a false sense of the crypto currency’s invincibility." heh article with links to information from year ago. First of all it is only USA and they already put some restrictions on it, second, it is rather hard to restrict or even tax bitcoin in proper way because of its decentralization.

good luck i guess hehe

Garryashas
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March 04, 2014, 05:12:48 PM
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Well, let's see what their tryings to control Bitcoins  Wink
ISAWHIM
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March 04, 2014, 05:35:50 PM
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You can't control people, you just think you can, and some believe it...

Less and less believe it every day...

Govts, like banks, are due for an overhaul...

People around the world, police and govt workers, (who are people), have laid-down arms and stood-up to pushy and crazy nut-jobs in office, showing them who has the real power.

WE determine what WE want to be regulated... It is their job to do what WE say, and regulate what WE told them to regulate... Never forget that!

Without us, they are nothing...

Without them, we are free...

They are the ones who told us, that we wanted them to rule us... (For their own gains. The jig is up. Power = fail. Again... History repeats itself.)
roslinpl
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March 04, 2014, 05:55:58 PM
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You can't control people, you just think you can, and some believe it...

Less and less believe it every day...

Govts, like banks, are due for an overhaul...

People around the world, police and govt workers, (who are people), have laid-down arms and stood-up to pushy and crazy nut-jobs in office, showing them who has the real power.

WE determine what WE want to be regulated... It is their job to do what WE say, and regulate what WE told them to regulate... Never forget that!

Without us, they are nothing...

Without them, we are free...

They are the ones who told us, that we wanted them to rule us... (For their own gains. The jig is up. Power = fail. Again... History repeats itself.)


They think they can control us because most of citizens are possible to control.
Only few will fight for their freedom as this war will never ends.

I believe one day all us will undetstand what freedom mean.
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