Quote from: gareth69 on May 01, 2011, 08:03:51 PM

Don't worry so much about the legality; if you've not noticed already, you're living under a coporatocracy/financial dictatorship in the USA. Pretty much anything is made illegal or needs to be icenced by the government before you can engage in it.

The government then sells these licences to the corporations who themeselves rig the game through lobbying and writing the legislation.

More and more people are being branded "terrorists" - like the guy of the liberty dollar. He was engaged in non-crime and not harming anyone, all parties willingly used the currency and knew they were not Federal Reserve notes. The Feds can find a jury that will send a kitten to the electric chair - a terrorists kitten at that.

When the time comes, the Feds will find any pretext they like in order to shut down bitcoin. Used by Al-CIA-Duh, money laundering, drug money, terrorists, whatever. At this point the West is morally bankrupt and soon to be financially bankrupt too.

What happens when the crack down on it will be interesting, I predict it will morph over to other jurisdictions, afterall it's a very useful piece of software, even if you just use to manage a baby sitting network!

If that is what the "West" is; I hate to think what the "East" is.