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Comment by pwaai

With the recent series of news on bitcoin, it seems like the media and gov is increasingly painting a picture of Bitcoin as a thing for selling drugs, people and terrorism. Bitcoin maximalists will cry victim but it's no use, everybody is HODLing, nobody is buying pizzas or taxi with it. Why would you with the ridiculous security, transaction costs and slow speed?

Knowing that anything that was remotely used to aid terrorism in the past has resulted in the hammer flying down as they did with LibertyReserve.

https://www.reuters.com/article/net-us-cybercrime-libertyres...

You don't even need to have terrorism, after 9/11, money laundering has only one purpose in the official's minds.

I think if you are operating a cryptoexchange, blatantly breaking the rules thinking oceans will protect you is a critical mistake, one which never seems to deter people from being thugs.

parent pwaai 9 years ago

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