Quote from: Walter Rothbard on April 12, 2013, 10:12:02 PM

Quote from: AlgoSwan on April 12, 2013, 06:41:46 PM

Banning all fiat money to exhange BTC or other cryptocurrency

You know that banning stuff is evil, right?

You are welcome to make a personal decision not to exchange BTC for certain things, and to exhort others to make the same decision. Personally, I don't spend Coin on gambling, nor on mind altering substances, and I would encourage other people to make the same personal decision. But it would be an immoral act for me to try to actually restrain them from doing so. Trying to ban people from gambling, using mind altering substances, or exchanging Coin for fiat would be an act far, far more evil than "market manipulation."

Now, I am not here to force my morality on you, but can you see that you are proposing to force your morality on other people? Give up the use of force! Those who live by force will justly suffer when force is used against them.

I totally agree with you about freedom. All I'm saying is trading hard-earned (mined) BTCs with any fiat money opens a very-wide door to market manipulators, sharks, wolves, whatever you want to call them it is. And market manipulation is their profession, they're doing this with great expertise. We the BTC community looks like a cooked lambs for them. They just enter the dining room, eating us slowly. In other words, they don't need to raid physically any unregulated BTC exchange offices and grab all the hard-earned (mined) BTCs of miners. Manipulation does this very easily. Your argument gives total freedom to these manipulators. Blaming BTC miners for their greed is non-sense at all. We have a perfect light for darkness: financial history of the last century, especially last 10 years gives us a brief knowledge about manipulation, greed, scam on financial institutions, financial regulations, and whatever the fancy terminology start with financial....

They're stealing miners hard earned BTC's very subtly. Thats it.