[Chugalug] Bitcoin Regulation

michael pearson michael at pearszy.com
Mon Aug 12 20:08:27 UTC 2013


Congrats, its a currency now. Virtual or not, currencies are going to be
manipulated.

Ftfy
On Aug 12, 2013 4:06 PM, "Stephen Kraus" <ub3ratl4sf00 at gmail.com> wrote:

> Congrats, its a currency now. Virtual or not, currencies are going to be
> regulated.
> On Aug 12, 2013 2:13 PM, "Jon Stanford" <jbirdvegas at aokp.co> wrote:
>
>> Haha uea when they say regulate all I hear is we want to better track the
>> currencies usage. I bet they try to track the "meta-data" (read everything
>> they possibly can track) ie who spends, who received, physical location,
>> how many BCs is transfered, try to links that data to real people and then
>> also analyze that users other financial transactions... All under the guise
>> of preventing drug/terrorist money from changing hands.
>>
>> Now a days all the government has to do is say terrorism and they
>> instantaneously have the right to treat law abiding citizens in the same
>> manner as confirmed terrorists. Almost defeats the original intent of bit
>> coins.
>>
>> Dave Brockman <dave at brockmans.com> wrote:
>>
>> >-----BEGIN PGP SIGNED MESSAGE-----
>> >Hash: SHA1
>> >
>> >On 8/12/2013 2:20 PM, David White wrote:
>> >> This looks interesting, especially given the recent discussions on
>> >>  Chugalug regarding Bitcoin -
>> >>
>> http://www.forbes.com/sites/kashmirhill/2013/08/12/every-important-person-in-bitcoin-just-got-subpoenaed-by-new-yorks-financial-regulator/
>> >
>> >
>> >In
>> >>
>> >addition to rooting out illegal activity, the department says it
>> >wants to make sure Bitcoin company customers? funds are ?safe and
>> >sound,? expressing concern about consumer complaints ?about how
>> >quickly virtual currency transactions are processed.?
>> >
>> >
>> >WTF?  They want to "regulate" virtual currencies.  They can't regulate
>> >P2P virtual currency.  I might need to make popcorn.... this might get
>> >good (in a really bad, B-Movie type of way)
>> >
>> >Regards,
>> >
>> >dtb
>> >
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>> >=miMp
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