11–20 of 162 posts
Earlier quoted context omitted.
Who gives a shit what some famous spammer says about crypto-currency? Plus, how do you ban something like this?
I'm not sure what you mean, you ban it exactly the same as you ban copyright infringement or child porn or any of a dozen other crimes that are committed on a computer that simply involve a transfer of information between a few parties.
One of these things will happen: (1) A successful attack on Tor, (2) A successful attack on Bitcoin, (3) The Silk Road's (or similar site's) share of the black market will continue to grow rapidly.
It seems pretty inevitable in the longer term. If current technologies break up, new technologies will be popping up. I guess law enforcement has already lost this battle (in the long term), similarly as RIAA/MPAA has lost to piracy. It should also be noted that criminal use doesn't raise the price of bitcoins, since criminals don't necessarily hold their bitcoins. For them bitcoin is just an another money laundering…
As much as bitcoin's gotten some bad press recently, this kind of market volatility will severely hamper bitcoin's efficacy as a stable unit of currency. It needs a consistent and stable rate of growth (even if negative).
Earlier quoted context omitted.
I'm not sure what you mean, you ban it exactly the same as you ban copyright infringement or child porn or any of a dozen other crimes that are committed on a computer that simply involve a transfer of information between a few parties.
So, in other news - governments everywhere ban bitcoin. Bitcoin use soars wildly.
As much as bitcoin's gotten some bad press recently, this kind of market volatility will severely hamper bitcoin's efficacy as a stable unit of currency. It needs a consistent and stable rate of growth (even if negative).
Earlier quoted context omitted.
I'm not sure what you mean, you ban it exactly the same as you ban copyright infringement or child porn or any of a dozen other crimes that are committed on a computer that simply involve a transfer of information between a few parties.
So, in other news - governments everywhere ban bitcoin. Bitcoin use soars wildly.
this reminds me about the quora post about bitcoin. In a world of where there is no regulation in currency, you dont have a FED, this money will crash. We dont have liquidity in this currency, as so, nobody can 'inject' money in the market.
Give it a little more time. There has been more widespread adoption only for 8 months or something. I think the amount of bitcoin related activity is pretty impressive.
Let's see after five years if cryptocurrencies are still used.
I'd assume the creator/first adopters do not care, either way.
Earlier quoted context omitted.
Who gives a shit what some famous spammer says about crypto-currency? Plus, how do you ban something like this?
I'm not sure what you mean, you ban it exactly the same as you ban copyright infringement or child porn or any of a dozen other crimes that are committed on a computer that simply involve a transfer of information between a few parties.
That's not the case with bitcoins. You send money to some bitcoin address that is extremely hard to track to a real person.