Post
Topic
Board Economics
Re: Definition of a Commodity & Are Bitcoins a Commodity?
by
MoonShadow
on 25/08/2010, 18:00:05 UTC
[Why invite this sort of thing in the first place? Bitcoin CAN BE STRUCTURED TO AVOID THESE SORT OF CHARGES. Why needlessly expose ourselves to charges of illegality and money laundering? Let's get our shit into one sock and do things the right way.

I'm buried in work right now and can't do much. I've outlined several times on this site what needs to be done. Let's do it.


Maybe Bitcoin could be restructured to avoid the ire of TPTB in the US, maybe it can't.  Yet, to do that would certainly introduce complexities that would reduce it's usefulness as a medium of exchange.  Nor can it be restructured to avoid the ire of TPTB in all nations.  Bitcoin is not intended to be used in any particular country.  I am opposed to the idea of attempting to adjust to the perceived threat of politics for any one person or region.  If you fear the reaper, don't walk through the high wheat.