Post
Topic
Board Service Discussion
Re: MtGox wires ARE delayed
by
EuroTrash
on 21/06/2013, 12:23:57 UTC
I was just reading about the SWIFT (international wire) system and read something very alarming :

http://en.wikipedia.org/wiki/SWIFT#US_Control_over_Transactions_within_the_European_Union

Quote
US Control over Transactions within the European Union

On 26 February 2012 the Danish newspaper Berlingske reported that US authorities evidently have sufficient control over SWIFT to seize money being transferred between two EU countries (Denmark and Germany), since they have seized around U$26,000 which were being transferred from a Danish to a German bank. The money was a payment by a Danish businessman for a batch of Cuban cigars previously imported to Germany by a German supplier. As justification for the seizure, the U.S. Treasury has stated that the Danish businessman has violated the United States embargo against Cuba.[23]

WTF ! If the US decides to go after Bitcoin in a big and more covert way then they could are disrupting transactions which go nowhere near a US bank.

I corrected your spelling  Wink
we know bitcoin was created to empower people to transfer money without governments and banks involved.
They are not the kind of people who state their intentions in the open.
I expect them to lose that war in the long run. But not without a massive dirty fight.

As for Gox I think their days are counted. Gox and BTC, compare to Napster and MP3.