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Author Topic: Do you really think U.S. government worries about drugs?  (Read 276 times)
ahmadakbari (OP)
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August 24, 2019, 08:48:51 AM
 #1

United States government has always been against using bitcoin. What is the reason?
They say bitcoin is used for illegal transactions. What do they mean by illegal transaction? Do you think they mean buying and selling drugs?
I don't think they worry about this. We all know drugs are easily bought using fiat.
United States want to control every transaction. United States imposes sanctions against every country they want. Bitcoin is decentralized and anonymous and people and other governments can use bitcoin without any permission by United States. That's why they are against bitcoin.
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August 24, 2019, 09:34:27 AM
 #2

United States government has always been against using bitcoin. What is the reason?
They say bitcoin is used for illegal transactions. What do they mean by illegal transaction? Do you think they mean buying and selling drugs?
I don't think they worry about this. We all know drugs are easily bought using fiat.
Not only US government is trying to stop drug selling but also other countries are doing their best to bring a solution. If those countries law makers think that bitcoin will increase drug dealings than i am not gonna agree with them. If you want to make a better change on this ground than obviously you have to follow proper way to get best results. Lets think there is no bitcoin in the world then how those drug dealers are continuing their transactions everyday. They are using mulitple payment option for their deals otherwise it was impossible to run their businesses. 

Its urgent to find the source of drug and destroy them first.  Without reducing its production and import you will not be able to find a proper solution just by creating laws to freeze bitcoin transactions.


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August 24, 2019, 12:37:52 PM
 #3

They want to have some share of every current transaction this is how I see it, so when they cannot get it done, instead of other countries are making some profits on it they want it to be banned to stop the circulation on their country and somehow minimize some new investors that want to buy bitcoins.

But bitcoin is now the popular investment in the whole wide world even the volatility can be brutal sometimes the enthusiast's investors don't really dare about that. most of them believe in the 1 Million dollars price so even if they only have 1 bitcoin they continue to hold it.

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August 24, 2019, 12:39:12 PM
 #4

United States government has always been against using bitcoin. What is the reason?
They say bitcoin is used for illegal transactions. What do they mean by illegal transaction? Do you think they mean buying and selling drugs?

I disagree that US is always against Bitcoin, the wrong picture was created when they react on Libra, and by saying some thing about this project they also need to mention Bitcoin as most powerful cryptocurrency.

Maybe you're referring to recently statement given by Brad Sherman, US Congressman who is saying that Libra will be "tool for drug dealers" and that cryptocurrency should be prohibited as it only serve for illegal activities. Even though President Trump himself says something similar, I doubt they can stop cryptocurrency to continue to thrive and conquer more and more markets.

You should know that the US has the highest number of crypto ATMs in world, and that Coinbase is US company - so crypto is very strong in that country. US is just want to keep US dollar as main reserve currency, and they been losing in that field for some time. Anything what constitutes a threat to that goal including Bitcoin is susceptible to attack, and this also include China&Russia which are an obvious example how sanctions and trade war can be used to achieve their own goals.

Drug is something that is just a threat on paper, you can buy it same as firearm at every corner, and it is almost like a constitutional right in US.

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August 24, 2019, 12:46:42 PM
 #5

U.S are supportive to cryptocurrency that’s why bitcoin is legal on their country. Its true that bitcoin can be use on illegal things like drugs and terrorism, it just like they want to prevent it. Bitcoin are being used actively in U.S actually a lot of investors are depending on the laws to support bitcoin coming from U.S. They benefit and earn alot from bitcoin thru taxes, regulations should clearly done for them.

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August 24, 2019, 01:18:31 PM
 #6

United States government has always been against using bitcoin. What is the reason?
They say bitcoin is used for illegal transactions. What do they mean by illegal transaction? Do you think they mean buying and selling drugs?
I don't think they worry about this. We all know drugs are easily bought using fiat.
United States want to control every transaction. United States imposes sanctions against every country they want. Bitcoin is decentralized and anonymous and people and other governments can use bitcoin without any permission by United States. That's why they are against bitcoin.


I suggest you watch Narcos (it was published on Netflix)

The US government had begun to fight drugs, which came to their country through Colombia for a time. And the US government has taken care of all its forces.

That is, if the US government were concerned about the crypto and drug abuse, they would have intervened so far.
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August 24, 2019, 01:39:15 PM
 #7

Drugs is only occasion to crypto war but for shure its not a main reason
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August 24, 2019, 02:08:39 PM
 #8

United States government has always been against using bitcoin. What is the reason?
They say bitcoin is used for illegal transactions. What do they mean by illegal transaction? Do you think they mean buying and selling drugs?
I don't think they worry about this. We all know drugs are easily bought using fiat.
United States want to control every transaction. United States imposes sanctions against every country they want. Bitcoin is decentralized and anonymous and people and other governments can use bitcoin without any permission by United States. That's why they are against bitcoin.


United States are always are war with everyone, specially rouge nations, drug traffickers. But I don't think they really hate bitcoin that much, perhaps they just wanted to have a regulatory framework, but others see this as negative to the context of saying they are anti-bitcoin. If they really wanted to go against crypto, they can do that by imposing a total ban.

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August 24, 2019, 02:30:58 PM
 #9

They want to have some share of every current transaction this is how I see it, so when they cannot get it done, instead of other countries are making some profits on it they want it to be banned to stop the circulation on their country and somehow minimize some new investors that want to buy bitcoins.

But bitcoin is now the popular investment in the whole wide world even the volatility can be brutal sometimes the enthusiast's investors don't really dare about that. most of them believe in the 1 Million dollars price so even if they only have 1 bitcoin they continue to hold it.

Right, I think they want to have control over bitcoin but sad to say with its nature being decentralized and is immune to government intervention so they can’t control it thus, instead of adopting it they want bitcoin to disappear but ruining its reputation.
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August 24, 2019, 02:51:56 PM
 #10

Trump and the US government want to have power. Bitcoin excludes any manipulation because "big people" do everything possible to create the notoriety for Bitcoin. Drugs can also be bought for the US dollars, I think it's just a cover for the Cold War against Bitcoin
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August 24, 2019, 03:48:03 PM
 #11

Trump said that he is not a bitcoin lover but he allow his subordinates and community to used bitcoin that's why they have rules to follow if they enter in cryptocurrency. Also,yes bitcoin can be used for drug trade through the dark web and it already happen in our country and even in other countries. So, I believed U.S government worries also about drugs that's why they also find ways to prevent it.

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August 24, 2019, 04:02:36 PM
Last edit: August 24, 2019, 04:26:44 PM by Artemis3
 #12

United States government has always been against using bitcoin. What is the reason?
They say bitcoin is used for illegal transactions. What do they mean by illegal transaction? Do you think they mean buying and selling drugs?

I disagree that US is always against Bitcoin, the wrong picture was created when they react on Libra, and by saying some thing about this project they also need to mention Bitcoin as most powerful cryptocurrency.

Maybe you're referring to recently statement given by Brad Sherman, US Congressman who is saying that Libra will be "tool for drug dealers" and that cryptocurrency should be prohibited as it only serve for illegal activities. Even though President Trump himself says something similar, I doubt they can stop cryptocurrency to continue to thrive and conquer more and more markets.

You should know that the US has the highest number of crypto ATMs in world, and that Coinbase is US company - so crypto is very strong in that country. US is just want to keep US dollar as main reserve currency, and they been losing in that field for some time. Anything what constitutes a threat to that goal including Bitcoin is susceptible to attack, and this also include China&Russia which are an obvious example how sanctions and trade war can be used to achieve their own goals.

Drug is something that is just a threat on paper, you can buy it same as firearm at every corner, and it is almost like a constitutional right in US.

Even without Bitcoin countries have been moving (albeit slowly) to lower the USD dominance as "reserve" currency. This is not something the US can force others to do or not do, but they can pressure (especially with the likes of Trump) still things like the € exist to counter that.

Now that Bitcoin exists, this adds to the pool of coins countries can go to for reserves. Its optional, no one is forcing anybody to hold neither USD nor bitcoins, or Gold for that matter.

In general Trump is correct, but at the same time powerless. Yes the US is losing supremacy in various fields, but no his action do nothing to revert it, just annoy his own voters, but whatever the Americans should know whom to vote for better... Take for example China, he is waging a little war with them, but there is zero chance China will bend to his will. Trump never ever faced someone like the State of China, his business experience is simply inadequate and will prove in failure. China really doesn't care what Trump ever does, they'll laugh if trade stops entirely, as they have the rest of the world to trade with, while America, loses its cheap source of manufactured goods, that Trump cannot simply restart production inside America, because Americans aren't going to work at the low wages the Chinese do, and the few that would be willing to do it, are precisely the immigrants he wants out, so no.

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August 24, 2019, 06:26:55 PM
 #13

United States government has always been against using bitcoin. What is the reason?
They say bitcoin is used for illegal transactions. What do they mean by illegal transaction? Do you think they mean buying and selling drugs?
I don't think they worry about this. We all know drugs are easily bought using fiat.
United States want to control every transaction. United States imposes sanctions against every country they want. Bitcoin is decentralized and anonymous and people and other governments can use bitcoin without any permission by United States. That's why they are against bitcoin.

What makes You think that?On the contrary, in many States bitcoin is even allowed to pay taxes.https://www.marketwatch.com/story/believe-it-or-not-some-americans-already-pay-their-bitcoin-in-taxes-2019-01-07And in General, most of the major investors are from America.And the fact that the Americans want to control every transaction, so who does not want to?).It is clear that any country,not necessarily America,wants to keep everything under control.The fact remains that this is very difficult to do at 100%.
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August 24, 2019, 06:38:36 PM
 #14

United States government has always been against using bitcoin. What is the reason?
They say bitcoin is used for illegal transactions. What do they mean by illegal transaction? Do you think they mean buying and selling drugs?
I don't think they worry about this. We all know drugs are easily bought using fiat.
United States want to control every transaction. United States imposes sanctions against every country they want. Bitcoin is decentralized and anonymous and people and other governments can use bitcoin without any permission by United States. That's why they are against bitcoin.


Not only drugs is the primary reason you know, there is also terrorism, and it's acts. Like purchasing weapons with BTC or supporting any cause that might get unstoppable in the future. All sorts of criminal acts, nationally and internationally. Also if somehow Bitcoin manage to be a mainstream currency then their proudly presented dollar wont have strong economic value so maybe they trying to stop Bitcoin's growth to avoid further damage.

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August 24, 2019, 06:40:34 PM
 #15

United States government has always been against using bitcoin. What is the reason?
They say bitcoin is used for illegal transactions. What do they mean by illegal transaction? Do you think they mean buying and selling drugs?
I don't think they worry about this. We all know drugs are easily bought using fiat.

The Trump administration seems fairly concerned about synthetic opioid trafficking. They recently blacklisted the cryptocurrency addresses of Chinese nationals sanctioned for smuggling them into the US.

I suspect most proceeds from this activity are laundered through banks, and that Bitcoin is somewhat of an afterthought to them. But it's obviously big enough to be on their radar. Remember Silk Road, AlphaBay and others? The Treasury department also blacklisted outputs associated with ransomware operators.

The SDN lists have always been aimed at banks and other financial institutions. They're just starting to include VASPs like Bitcoin exchanges in the mix now.

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August 24, 2019, 08:22:53 PM
 #16

United States government has always been against using bitcoin. What is the reason?
They say bitcoin is used for illegal transactions. What do they mean by illegal transaction? Do you think they mean buying and selling drugs?
I don't think they worry about this. We all know drugs are easily bought using fiat.
United States want to control every transaction. United States imposes sanctions against every country they want. Bitcoin is decentralized and anonymous and people and other governments can use bitcoin without any permission by United States. That's why they are against bitcoin.

It is not just the U.S. government is against Bitcoin, there are more other countries too that's against it. It is not just drugs that they are worried about since Bitcoin has already been used in the black market as a way of payment for any illegal activities/services they sell. It's been happening already in the past and this nothing new today. The government is trying to control it since it could also be used as a fund for any terrorist activities.

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August 25, 2019, 08:33:17 AM
 #17

Agreed, but the fact is it became easier to buy drugs when crypto has appeared.

So what? They are fighting the tools not the people, turning against inanimate objects to enforce their weak paper laws and making sure their fat asses are glued tightly to their chairs. When people invented pharmacies it also became easier to get painkillers and commit suicide by overdose. Wer pharmacies banned? No.
Bitcoin is just a tool. Most of the drugs around the world are sold for cash and nobody is banning it.

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August 25, 2019, 09:30:10 AM
 #18

Agreed, but the fact is it became easier to buy drugs when crypto has appeared.

So what? They are fighting the tools not the people, turning against inanimate objects to enforce their weak paper laws and making sure their fat asses are glued tightly to their chairs. When people invented pharmacies it also became easier to get painkillers and commit suicide by overdose. Wer pharmacies banned? No.
Bitcoin is just a tool. Most of the drugs around the world are sold for cash and nobody is banning it.

Yes indeed. Let them forbid to talk, because terrorists do it too.
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August 30, 2019, 01:51:19 PM
 #19

Well yes, there's a major reason for the government to care about drugs. The government does have a major responsibility (and tries very hard) to stop the flow of drugs into this country from other countries around us, and from within through growing from people inside the country.

Do I think the government has done a good job with this: No.

The government has messed up the solutions for this. They've failed to notice that certain drugs are okay: Such as Marijuana, and that private prisons in the US want to keep prisoners within their confines for as long as possible

Non violent drug offenders shouldn't be going to jail for life, we should treat it like an addition and try to rehabilitate them.




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September 29, 2019, 07:05:33 PM
 #20

Banks are the biggest criminals when it comes to moving drugs and drug money. Look at HSBC and Wachovia. They get a slap on the wrist while Ross Ulbricht sits in prison for the rest of his life for giving people the freedom to buy whatever they please.

I'm in favor legalizing all banned substances. Let people do what they want with their bodies and suffer whatever consequences may come. BUT the moment you hurt, steal, kill someone because of a drug related need then the penalties become 10x stiffer than they are now. Give people freedom, punish them severely for abusing it.

 
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