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To: narses
does anyone really think every major government in the world is gonna rollover and watch this take on their banking cartels?

That's the dilemma of the current price. The more governments try to ban it, the more the demand goes up until they succeed or the bubble pops or something takes its place. Like all other internet censorship it is pretty much trivial to route around a ban. But like all other Chinese government bans it might cost you your life. So a dilemma.

76 posted on 02/04/2018 5:51:06 PM PST by palmer (...if we do not have strong families and strong values, then we will be weak and we will not survive)
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To: palmer; discostu

https://www.nytimes.com/2018/02/05/technology/virtual-currency-regulation.html

SAN FRANCISCO — You did not have to be a technophobe to worry that the virtual-currency boom of the past year papered over plenty of problems.

The scale of those problems is starting to become clear as digital tokens have slid more than 50 percent in value from their peaks in early January, with steep drops on Monday pushing the value of Bitcoin specifically below $7,000.

Hackers draining funds from online exchanges. Ponzi schemes. Government regulators unable to keep up with the rise of so-called cryptocurrencies. Signs of trouble have appeared at nearly every level of the industry, from the biggest exchanges to the news sites and chat rooms where the investment frenzy has been discussed......


89 posted on 02/05/2018 6:23:44 PM PST by narses ( For the Son of man shall come ... and then will he render to every man according to his works.)
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