Post
Topic
Board Legal
Re: I questioned the "Bitcoin dev team" (Andresen & Co.) on complying with AML laws.
by
Brunic
on 12/10/2012, 22:55:56 UTC
Is that a joke?

Bitcoin is basic maths. Making laws to change how Bitcoins work is like making laws to change how gravity work.

Guns and bullets run on basic chemistry and physics.


Well, like mobodick said.

How can you make laws on calculations? Bitcoin is just a big formula where people make inputs to create outputs. Yeah, you can try to control all the inputs(people and hardware), but you cannot control the formula.

And right now, it's pretty impossible to control the software, since the software is open-source. Any form of control is detected automatically. You can try to control the people inputting in the software, but again, with a decentralized system, it's like a game of cat and mouse where there's 1 cat for every billion mouses.

Maths laws are above human laws, plain and simple.

Who says you have to control everybody? All you need is a good enough majority under control and the face of the currency is yours.

Well, if that's your goal, good luck. You really think the USA control the majority of the world? You really think US government is big enough to try and control the majority of Bitcoin users? I knew americans were full of themselves, but not that much.

Breaking news, 90% of the world doesn't really give a crap what US government think and want to do. And that 90% will use Bitcoin anyway.