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Senators seek crackdown on "Bitcoin" currency

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Senators seek crackdown on "Bitcoin" currency

#1

Post by emilepetrone » Wed, Jun 08, 2011, 3:31 PM UTC

Senators seek crackdown on "Bitcoin" currency
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Re: Senators seek crackdown on "Bitcoin" currency

#2

Post by pavel_lishin » Wed, Jun 08, 2011, 4:34 PM UTC

Next, WoW gold.

Re: Senators seek crackdown on "Bitcoin" currency

#3

Post by jaysonelliot » Wed, Jun 08, 2011, 5:07 PM UTC

There's nothing governments hate more than watching people get along fine without them.

Re: Senators seek crackdown on "Bitcoin" currency

#4

Post by junklight » Wed, Jun 08, 2011, 5:09 PM UTC

pavel_lishin wrote: post #2

Next, WoW gold.

next, money.

"I heard that this guy went to his dealer with some cash and walked away with some drugs leaving no paper trail whatsoever."

Re: Senators seek crackdown on "Bitcoin" currency

#5

Post by jarek » Wed, Jun 08, 2011, 5:10 PM UTC

pavel_lishin wrote: post #2

Next, WoW gold.

I'm assuming they can quite easily subpoena Blizzard to find out details of transactions if they have reasonable cause.

Re: Senators seek crackdown on "Bitcoin" currency

#6

Post by joshontheweb » Wed, Jun 08, 2011, 5:14 PM UTC

yeah, this happens all the time everyday with cash. life goes on...

Re: Senators seek crackdown on "Bitcoin" currency

#7

Post by jarin » Wed, Jun 08, 2011, 5:14 PM UTC

pavel_lishin wrote: post #2

Next, WoW gold.

That's it, I'm moving all my savings over to EVE timecards. They'll never go after that, CCP has an economist on staff.

Re: Senators seek crackdown on "Bitcoin" currency

#8

Post by shareme » Wed, Jun 08, 2011, 5:17 PM UTC

hmm so how will they outlaw bartering?

But than again the derivative traders, they are allowed to make free money and steal without any change..

Re: Senators seek crackdown on "Bitcoin" currency

#9

Post by hugh3 » Wed, Jun 08, 2011, 5:21 PM UTC

shareme wrote: post #8

hmm so how will they outlaw bartering? But than again the derivative traders, they are allowed to make free money and steal without any change..

Sorry shareme, but this is pretty much a perfect example of a bad HN comment.

hmm so how will they outlaw bartering?

Unjustified logical leap.

But than again the derivative traders

Misspelling.

they are allowed to make free money and steal

Nonsensical accusation against a group of people engaged in an activity which I'm not sure you fully understand.

without any change..

Incomprehensible.

Please think before you type.

Re: Senators seek crackdown on "Bitcoin" currency

#10

Post by verisimilitude » Wed, Jun 08, 2011, 5:31 PM UTC

joshontheweb wrote: post #6

yeah, this happens all the time everyday with cash. life goes on...

Parent is wisdom disguised as snark. The reason given for outlawing bitcoin: drugs. I think the real reason is taxes.

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