Interesting dilemma for them.
Senators seek crackdown on "Bitcoin" currency
51–60 of 69 posts
Re: Senators seek crackdown on "Bitcoin" currency
#52Re: Senators seek crackdown on "Bitcoin" currency
#53Earlier quoted context omitted.
I appreciated this, actually. It's funny how just being in a negative tree gets you downvoted by association--good thing it's just karma, eh?
To be fair, it's less that we're in a negative tree and more that we're not adding value to the discussion.
(Or maybe I do, but I unconsciously resent how serious we are and fight it by taking a few downvotes every so often.)
Re: Senators seek crackdown on "Bitcoin" currency
#54Earlier quoted context omitted.
I'm not sure you can do that with gold because there's only one stable/naturally-occurring isotope, and the most stable other isotope has a short half-life of six months. Labeled gold's radioactivity may be a give-away.
What about trace element analysis?
Re: Senators seek crackdown on "Bitcoin" currency
#55There's nothing governments hate more than watching people get along fine without them.
Just as there's nothing that gives conspiracy theorists more reinforcement than a government crackdown.
There is no need for conspiracy when human nature ensures the same result.
Re: Senators seek crackdown on "Bitcoin" currency
#56The federal government raided the "Liberty Dollar" factory, which isn't even an actual currency (just a collector's item). Why are they being so cautious with something that's actually supposed to replace the dollar?
Re: Senators seek crackdown on "Bitcoin" currency
#57Re: Senators seek crackdown on "Bitcoin" currency
#58Shutting down Bitcoin because of illegal drug trade is like banning cryptography because of terrorism: It is not solving the problem and it is not a valid reason for stopping innovation.
Re: Senators seek crackdown on "Bitcoin" currency
#59Re: Senators seek crackdown on "Bitcoin" currency
#60Didn't some politicians try to shut down Paypal in its early days? I remember that from reading The Paypal Wars.