“What they’re really trying to do is send a clear message– if you use Bitcoin, there will be consequences. This isn’t even really about Bitcoin. The big picture issue is that governments are scared to death of currency alternatives catching fire. With so much debt and monetary stress in the global economy, it’s becoming increasingly clear by the day that the current fiat experiment is in serious trouble. The only reason it still works is because (a) people continue to have confidence in the system, and (b) there really is no mainstream alternative to holding paper currency. This last fact is paramount.”
http://www.sovereignman.com/trends/this-is-the-way-theyll-nationalize-gold-12618/
Related posts:
Ron Paul and the Future - Llewellyn H. Rockwell, Jr.
Making the World the ‘Enemy’
Obama Agrees with Hitler on Schooling Children
A $100k earner gets to keep $99k in Singapore but $57k in San Francisco
Why NSA Snooping Is Bigger Deal in Germany
Wendy McElroy: The Competitive Provision of Security
Cameron Herold: Let's raise kids to be entrepreneurs [2010]
“Affordable Housing” Rules Result in Opposite
Paul Craig Roberts: Why War Is Inevitable
The Financial System Doesn't Just Enable Theft, It Is Theft
You’re Not That Important
How Did Americans Survive Until 1892 Without the Pledge of Allegiance?
Got Dough? How Billionaires Rule Our Schools [2011]
Everyone Is Now A Terrorist According to The US Government
Canola Oil: Good or Bad?