
“Bitcoin itself is nearly impossible to regulate. And the government at least seems to understand this point. But that doesn’t mean they can’t spread fear, uncertainty, and doubt. In this short 4-page speech, the Director twice made a connection between Bitcoin and (you guessed it) terrorism. Twice more connected Bitcoin to those who would exploit children. And four times linked digital currency to ‘criminals’ in general. And, even though they cannot control Bitcoin, FinCEN is obviously laying the foundation to regulate every business that touches Bitcoin, from exchange houses to swap websites to digital wallet providers.”
http://www.sovereignman.com/trends/us-treasury-denies-it-is-trying-to-torpedo-bitcoin-12056/
Related posts:
Paper Claims SEC Regulation is Biased ... In Other News, Sky Is Blue
Reporter: Bush ‘negligence’ ignored pre-9/11 warnings
FBI informant armed and trained Black Panthers
Ron Paul Unfiltered; Pentagon Papers leaker Daniel Ellsberg takes on the NSA
Silver: I Won't Be Able to Stack High Enough!
NSA is more than just a spy network, it’s global fascism
Beaten, Thrown in Solitary After Calling 911 To Help Crashed Bicyclist
In-person bitcoin exchanges spread across the globe
Which Nation Has the Most Per-Capita Government Spending on Healthcare?
Chinese Stocks Tumble As H.K. Officials Monitor Surge In ATM Withdrawals
Silent Circle, Lavabit launch “DarkMail Alliance” to thwart e-mail spying
Student Loan Consequences: Real, Costly, and Personal
Let’s Shed a Tear for those Under-Appreciated Bureaucrats Who Get Lavish Pensions and Live in $700K ...
SWAT Army Occupies Boston
Maker Of Candy Crush Game Just Filed For A $500 Million IPO