Bitcoin may not survive after this...

[achilles28]

Witch hunt.

 

[Hoi]

Governments are going to use any excuse to crack down and regulate bitcoin out of existence.

No governments (especially the USA one) are eager to promote and help innovation, as they know that innovation is the motor for a prosperous future.
Also in this case (just watch the senate hearings and the upcoming NY hearings): they want regulation without hurting (actually: promoting) innovation.

 

[Hoi]

No governments (especially the USA one) are eager to promote and help innovation, as they know that innovation is the motor for a prosperous future.
Also in this case (just watch the senate hearings and the upcoming NY hearings): they want regulation without hurting (actually: promoting) innovation.

Adding to this, the response of "Superintendent of Financial Services for New York State, Benjamin Lawsky":

http://www.bbc.co.uk/news/technology-25918733

 

[syswizard]

http://blogs.marketwatch.com/thetell/2014/01/28/charlie-shrem-resigns-from-bitcoin-foundation/

Charlie Shrem resigned as vice chairman of the Bitcoin Foundation Tuesday, a day after his arrest for operating an unlicensed money transmitting business, money laundering and failure to file a suspicious activity report, according to a statement by the foundation.

 

[drownpruf]

Shit just got real.

 

[kinggyppo]

Shit just got real.

Did you read the complaint against the Silk Road guy, he will never see the light
of day.

https://www.rossulbricht.org/wp-con...cht-Silk-Road-New-York-Criminal-Complaint.pdf

 

[ElCubano]

Yawn. Wake me up when something that actually will stop bitcoin in its tracks happens.

 

[syswizard]

Yawn. Wake me up when something that actually will stop bitcoin in its tracks happens.

This attitude smacks as being the same as Jordon Belfort's.

 

[ElCubano]

If you think that any one person going to jail or not is going to bring down bitcoin. You should really short it.

The Wolf

 

[syswizard]

From the Wallstreet Journal today:

Bitcoin Backer Winklevoss Warns of Overregulation
Virtual Currency Could be 'Crippled' by Too Many Rules, Restrictions