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Looks like this might be the least of BitCoin's government problems. Check out this appropriations bill currently before congress; http://beta.congress.gov/con
by pmorici 13y ago
Looks like this might be the least of BitCoin's government problems. Check out this appropriations bill currently before congress; http://beta.congress.gov/congressional-report/113th-congress/house-report/171/1 http://beta.congress.gov/congressional-report/113th-congress... Search for BitCoin in the text and you get the following gem...
"Money laundering.--The Committee understands that Bitcoins
and other forms of peer-to-peer digital currency are a
potential means for criminal, terrorist or other illegal
organizations and individuals to illegally launder and transfer
money. News reports indicate that Bitcoins may have been used
to help finance the flight and activity of fugitives. The
Committee directs the FBI, in consultation with the Department
and other Federal partners, to provide a briefing no later 120
days after the enactment of this Act on the nature and scale of
the risk posed by such ersatz currency, both in financing
illegal enterprises and in undermining financial institutions.
The briefing should describe the FBI efforts in the context of
a coordinated Federal response to this challenge, and identify
staffing and other resources devoted to this effort."
Talk about a prejudiced statement. Time to call your congress person.
- cLeEOGPw 13y agoThis is not prejudiced at all. All it states, is that the committee UNDERSTANDS that cryptocurencies have the POTENTIAL to be used for money laundering, etc. It is true, it can be used, and is used for those means.
- pmorici 13y agoDid you read the whole thing? They call it an 'ersatz' currency. Look up the word ersatz it has pretty negative connotations it's hardly a neutral statement.