/biz/ - Business & Finance

chaos will always prevail

How much BTC do i need to get a gf like OP's pic?

>>2785024
they all secretly use bitcoin to buy children

the protocol isn't going to stop transacting
but honestly we aren't free people so in the event of (((them))) cracking down on fiat to btc/btc to fiat transactions it should redpill otherwise normie citizens about the state

they're going to say drugs, terror, even try a false flag, in one paper I read they will blame bitcoin on the economy crashing and hodlers for not paying their taxes or supporting the system
but if you can see through the propaganda and escape the country you should be good, if all else fails buy gold/silver before they ban it again

>>2785024
>When BTC becomes mainstream what is stopping (((them))) from stepping in and regulating it death in order to stop "criminals?"
They'd need to understand it to properly regulate it. They don't understand it, because regulatory agencies are mostly full of boomers and lazy millennials/gen x.

If the investment houses have the opportunity to write the regulatory legislation, volatility will continue and a largely lax regulatory environment will persist, primarily because enforcement would be nigh impossible with given resources and no investment house is interested in regulating the profitability out of their markets.

Realistically, the worst that could happen is having it outlawed, and that is unlikely to happen because no one wants to be left at a technological or skill disadvantage in the automation of accounting activities, which is what the block chain tech crypto is based on does. One of the many things the financial industry is good at is lobbying for their own shared interests.

>>2785124
very good summary

have you seen this shit? lol
http://www.marketwatch.com/story/senior-republican-says-bitcoin-world-needs-to-adopt-know-your-customer-procedures-2017-07-14

Rohrabacher says he fears terrorists will use the digital currency for nefarious purposes.

“[Blockchain technology] empowers the good people of the world, but it could be used by those who have goals that are evil,” Rohrabacher said, because of its anonymity.
“Banning digital currencies will not prevent terrorists from using them any more than banning guns will prevent criminals from using them,” he said. Instead, Rohrabacher, the chairman of the House Foreign Affairs subcommittee on Europe, Eurasia and emerging threats and vice chairman of the House Science, Space and Technology Committee, wants digital currencies to implement full money laundering and know-your-customer standards.

Rohrabacher said the action could be taken on a bipartisan basis. Former U.S. Attorney General Eric Holder has made similar comments in the past.

>referencing Eric Holder on how to stop criminals and terrorists

>>2785024

>>2785179
but would it be possible to prevent certain people from using BTC, or forcing people to declare all their BTC wallets? I'd think not considering you only need two working computers on earth to use btc, but i think the least they'll do is make annonymity impossible.

>>2785217
there's anonymous blockchains but they use more memory and don't scale as well as bitcoin
although it's a good feature if the government is cracking skulls

>>2785217
You cant force people to declare all their BTC wallets, it just a number, how would that even work?