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BitCoin and International Crime

baltimoresun.com

1–10 of 17 posts

Re: BitCoin and International Crime

#4

Submitter here - I hate, hate, hate this post. It is the worst FUD I have seen in some time, and I'm only posting b/c I think it needs the full HN lens. Please don't think I agree with a single word.

Agreed. I'd be interested in hearing Prof. Green's rebuttal -- I'm sure he's long since thought these issues through very carefully.

One of the commenters to the article mentioned, money was never designed to be a tracking system. That "feature" has only been added over the past few decades.

And law enforcement will always be inconvenienced in a free society, the kind our founding fathers most definitely envisioned here in the U.S. (and elsewhere, I'm sure).

Re: BitCoin and International Crime

#7

Submitter here - I hate, hate, hate this post. It is the worst FUD I have seen in some time, and I'm only posting b/c I think it needs the full HN lens. Please don't think I agree with a single word.

This sort of article appears with each new technological invention. Go ahead and re-read it, replacing "Bitcoin" with "Motorcar".

Re: BitCoin and International Crime

#8
"Stop Bitcoin. Save the children (and rhinos, too, while you're at it)!"

When will we learn that money and systems (especially X new technology) aren't the issue (or the solution)? People are both. Until society admits both its faults and its failed solutions, it probably will be plagued with deplorable crimes such as those facilitated by Bitcoin (and USD and CAD and CHF, for that matter).

Re: BitCoin and International Crime

#9
Here is the real crime... It is a currency that no government can manipulate or control. Bitcoin with tumblers is "true" economic freedom from any beaurocratic or government control. You get the bad... But you also get the infinite good of not having any government able to take your wealth away from you at its whim.
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