You know "SatoshiDice" was situated in the USA. The US regulations and rules and fees got ridiculous and they moved their whole operation to Panama.
Guess who is losing out on Tax revenue and Office rent, employment opportunities, bandwidth income, electricity and water income etc. etc. And that is only one business ^Smile^
Let them shoot themselves in the foot and bring in all their crazy rules and regulations. Unemployment will just increase and the people vote will determine their fate. ^Grin^
FINCEN protect the ruling elite, and it's masters, under the smoke screen of protecting the general public.
Money laundering and terrorism funding will still exist, with or without regulations. Trying to stop it with regulations that kills it's economy in a time, where unemployment are at it's highest, is just crazy.
Use the tax money and put feet on the ground. Use intelligence to follow the money. If they could stop Silkroad, without this, why would they need to use this now? To invade your privacy and to protect certain individual interest. ^Frown^
Maybe they did it not because they were using bitcoin but what they are doing is unregulated gambling.
And you know, how "regulated" gambling happen? How many "Donations" / "Bribes" etc are given to "regulate" it?
SatoshiDice use the blockchain to regulate themselves. Is this a good thing? Who knows
Is this better than the regulation through bribes? Who knows. ^confused^
A friend of mine, who owns a small "legal" gambling operation, told me, he had to spend $4000 US on 3 representatives from the gambling board for a weekend of wine and dine, to seal the deal on his license for the next year. {Not in the USA} ^frown^
So who benefit from this? How much does the big boys pay?
What is next? Bitcoin businesses have to pay a foundation {mafia style} to own a bitcoin business?
