View Single Post
Old 03-20-2013, 06:10 AM  
dyna mo
The People's Post
 
dyna mo's Avatar
 
Industry Role:
Join Date: Dec 2008
Location: invisible 7-11
Posts: 66,756
Quote:
Originally Posted by mayabong View Post
.

BTW the government cant close bitcoin accounts with a keystroke, thats the point.
Quote:
Originally Posted by DWB View Post
No disrespect, but you're delusional if you really believe that. The US government can legally assassinate its own citizens, drop bombs on schools in other countries, kidnap and torture people and hold them without charge, and strong arm international banks around the world to hand over US account holders and then dictate how they operate. Shutting down a cyber currency, or at least severely disrupting it, that is used for money laundering and other illegal activities, will not be a reach should they really be inclined to do so.

The million dollar question is, WILL THEY? Because the answer to COULD THEY, is yes.
what he is saying, i believe, is that since there is no issuer of the currency + it's all p2p, it's not easy as a keystroke, in fact, it is described as being quite difficult.
dyna mo is offline   Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote