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Ah they now have an angle to go after bitcoin.
by ck2 13y ago
Ah they now have an angle to go after bitcoin.
- keyme 13y agoDifference is, there is no one behind bitcoin. No one to arrest. The only "real people" "behind" it are the Exchanges. However, they(usually) hold proper documentation for transactions and comply with the law fully.
- dragonwriter 13y ago> Difference is, there is no one behind bitcoin. No one to arrest. The only "real people" "behind" it are the Exchanges. No, the real people behind it are the miners. You know, the people that create bitcoins and validate every bitcoin transaction?
- ferdo 13y agoLet them bust a few miners. More will take their place.
- dwaltrip 13y agoIf miners are ever prosecuted, then that is a pretty big signal that the U.S. has completely lost its shit. Submitting the outputs of hash functions to a distribitued p2p network sounds like extremely basic free speech to me. As a young person with no wife/kids and plenty of tech job prospects, I would probably start researching moving abroad.
- dublinben 13y agoThat's a pretty new situation, and not nearly as certain as you make it sound.
- gwern 13y agoIncidentally, Preet Bharara is also in charge of the Ross Ulbricht trial (the NYC one). So LR is wrapping up just in time to focus on SR.
- peteretep 13y agoBitcoin makes money transfer easier to monitor. Why do they want to go after Bitcoin?