Post
Topic
Board Economics
Re: American Exchange - Why are we afraid?
by
wb3
on 24/05/2011, 14:31:43 UTC
Christ the S. NY DOJ probably has this thread bookmarked.  Nobody is going to open up in the American market, come on...

Gee somebody should find a way of trading actual gold on the internet--- OHWAIT

Gee somebody should try to make a new currency and get that popular--- OHWAIT

Gee somebody should make a site where you can trade Bitcoins and Paypal automatically--- OHWAIT

Gee internet poker is a booming business, Americans need to get in on--- OHWAIT

The USA ban-hammer comes down on everything.  Nobody is going to have a Bitcoin business registered in the USA.  That's just asking to lose all your money--whatever form it may be in.

Hmm...

Doesn't mean it can't be done. For example, if Christ has this thread bookmarked, he tell you his biggest regret was going after PokerStars and FullTilt poker. Seriously doubt, he will be back to make that mistake again. He didn't realize how many people he pissed off. Was it illegal, yea. But to many people (voters), were doing it. Many things that are 'illegal' become legal with general public acceptance and use. Politicians have to tread a fine line. If the big business' try to keep the Exchange out buy bribing lobbying them but the people (voters) want it, the politicians will follow the people or get replaced.

An exchange will make BTC mainstream, if BTC is mainstream, it is already to powerful. The time for the Government to shut it down is now. But they are almost always slow and to late to the party. As far as laws are concerned the digital currency will be in courts for a long time because we don't PRINT money, we don't MINT coins. We are in a loop hole. Lawyers will battle it out for years, so get the Exchanges going, once the masses accept BTC, the battle is already won, irregardless of what the lawyers come to as their conclusion.