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Does anyone here use Bitcoins?

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Renegade:
MORE PURE AWESOMENESS~!

Video is cued:

http://www.youtube.com/watch?feature=player_embedded&v=jy6XIBnThpY#t=20m40s

"F*ck off. Bitcoin works just fine." - Andreas Antonopolous

In other news, China is GOBBLING UP Bitcoin...

http://www.fiatleak.com/

Renegade:
ANDREAS ANTONOPOLOUS EPITOMIZES PURE AWESOMENESS~!



Arizona Hot:


Bitcoin exchange Mt. Gox goes offline amid turmoil

You were saying...?

40hz:
Hardly unexpected. Where there's money, there's games being played. It was only a matter of time before one of the big players stumbled. It happens to banks. It happens to businesses. It happens to governments. Why should BItcoin exchanges be any different?

BTC robs the authoritarians of the possibility of knowing what people have, and further robs the kleptocrats of the possibility of stealing people's money.[/b][/size] (Oh certainly they create laws to call their theft "legal", but it's still theft.)
-Renegade (March 26, 2013, 08:41 PM)
--- End quote ---

Got news! It ain't just the authoritarians and kleptocrats that rob people blind. Surprise! :huh:

Y'know, I just had a thought: if the powers that be really wanted to hurt Bitcoin, right now all they'd need to do is shrug and say "Oh well!" about the theft - and decline to get involved or open an investigation...Looks like Japan has already decided to do exactly that.



Consider: It's private and anonymous by design. There's no transaction trails. No provable ownership of accounts. No direct path of responsibility. No insurance or regulatory requirements in place. No laws broken...so where could the regulators or police possibly step in to assist? AMF-YOYO! :mrgreen:

And lacking any sort of official status, how do you even establish a legally recognized monetary value for the claimed loss? It's only what the Bitcoin community has chosen to say it's worth. So an argument could be made that despite the claimed value, bitcoins have no real monetary value. Which raises an interesting question as to whether a theft has even been committed.

Such are the risks of going off on your own and insisting on complete independence from any established societal frameworks.


Stoic Joker:
(see attachment in previous post)
Bitcoin exchange Mt. Gox goes offline amid turmoil

You were saying...?
-Arizona Hot (February 25, 2014, 12:19 PM)
--- End quote ---

Not to be overly simplistic, but if they are trying to protest something in Tokyo - Japan... - Why are the signs in English?

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