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Author Topic: What if the US Government forced exchanges to close?  (Read 2294 times)
dirksizzlebod
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February 15, 2013, 04:00:32 PM
 #41

I think the government will eventually come after Coinbase.

I'm pretty shocked Brian was allowed to start up in the first place out there in Cali.

Online internet gambling/ wiring law of 2006 that Bush administration passed I could see being thrown at coinbase. Or something else.

If coinbase gets shut down, expect a huge spike up in the price of bitcoin. As this would not make it very temporarily harder to buy bitcoin, it would also be the first visible evidence that the US gov is threatened by bitcoin.
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pixelized
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February 15, 2013, 04:23:46 PM
 #42

I would like to see them try!

XBTcontracts (http://xbtcontracts.org/r/index.php?ref=pixelized) Easy simple way to obtain more Bitcoins Smiley
Malcode
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February 15, 2013, 04:59:55 PM
 #43

What's stopping them from moving offshore where the government has no authority?
peterz
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April 07, 2013, 09:45:50 PM
 #44

Do you think it is better to keep bitcoins in the private bitcoin wallets, or is it OK leave them in bitcoin exchange wallet?
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April 07, 2013, 10:08:35 PM
 #45

Do you think it is better to keep bitcoins in the private bitcoin wallets, or is it OK leave them in bitcoin exchange wallet?

It's probably safer to keep them in a private wallet (encrypted, with multiple backups). If you plan on day trading, though, you'll have to regularly keep at least a few coins in an exchange.
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April 07, 2013, 10:14:53 PM
 #46

Bitcoin v2 would include a peer-2-peer exchange.  Wink

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April 07, 2013, 10:42:26 PM
 #47

If they ever made it illegal to own Crypto-currencies, we could always just send them to an online wallet and pretend like we don't know what they are.
Mike Christ
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April 07, 2013, 10:44:33 PM
 #48

Need decentralized market pl0x

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