[Mount Athos]

Is this going to be the excuse to shut it down?

The US dollar Yen and Pound are used to fund terrorism also, maybe they should all be shut down.

Think of all the lives that could be saved if we eliminated all cars to stop car accidents.

[Brian Griffin]

The federal government has full power to collect income information.

Do not expect to be able to hide income from the IRS.

A Swiss banker sold out the bank’s clients.

If you want lower taxes, vote Republican.

[ASA Vet]

I hadn't thought about that bitcoin stuff in years. My stepson talked me into buying 100 of those at 27 cents each. He said to put them into what he called a ‘wallet,’ which I did. I'd forgotten all about that until now. I wonder if they are worth anything.

[ArcadeQuarters]

Bitcoin is less anonymous than cash.

[cdcdawg]

The people who fund domestic terrorism don’t exactly hide what they are doing. They don’t need to use crypto. They are protected. They can concoct a coup against the President or burn cities ... Nothing happens to them. Crypto? That’s for little people.

[ProtectOurFreedom]

Good article. Third from last paragraph...

The government clamped down on ACH fraud, but cryptocurrency creates the same problem on a greater scale and with even more dangerous implications than theft. This year, Black Lives Matter and Antifa rioters are waging war in American cities. A big question is the source of their funding. It’s entirely possible that it’s being done through untraceable cryptocurrency transactions. Those transactions can filter dark money through PACS and can make cross-border, peer-to-peer fund transfers possible, instantaneous, and undetectable.

This is probably how Soros is funding these anti-American nefarious groups.

[MarkL]

I bet that cash can be used too! What a better way to make a cashless society! It’s all for our own good.

Mark

[DesertRhino]

Gee Wally, it sounds like the only safe cryptocurrency would be one controlled 100% by the Fed and US Government. Anything they do not have a stranglehold on is only for terrorists. They watch us for our own good. /s

[Vermont Lt]

What a bullshit supposition.

A stack of $100 bills is less traceable than a single bitcoin.

The fact that bitcoin is not “controlled” by any government is the reason why “government” is out to “get it.”

Every transaction on the blockchain is public. Duh. Not every useful for people trying to be private.

[catnipman]

“with one person conveying cash to another via trusted middlemen”

gee, sounds awful bank-like to me, only smaller ...