https://mtgox.com/press_release_20111021.htmlIn this Mt. Gox debacle, we're dealing with the Rothschilds along with private shareholders that control the central banks of Europe. You know that Wall Street scum and those billionaires everybody is butthurt about right now? Practically nobodies compared to these guys. These are the rulers of our planet we're dealing with. Undisclosed trillionaires. They own practically every nation's debt on the planet through their privatized banking regime and here is their representative from the Banque De France to make sure one of Bitcoin's central institutions, Mt. Gox, is limited.
Let me tell you: Nobody is getting past these guys in court. They'll buy the whole damn thing out if they have to, if Bitcoin becomes big. A decentralized money where profit is available to the rattiest neckbeard with a dozen GPUs is not their ideal world. Whoever controls the money controls everything, people. A pretty presidential seal and a stack of legal documents is bullshit compared to the omnipotent power of a printing press. Bitcoin challenges that. It neuters the banks and gives it power to every individual who owns a computer. That's true wealth redistribution.
Thus Bitcoin is going nowhere in terms of financial legislation, folks. You might as well forget about Bitcoin getting any legal protection against the banks.
My advice: Don't call it a currency. Don't call it money. Don't associate it with finances. Call it social-based transactions and say it's protected under free speech; The First Amendment if you're American. That's all you have.
They are going to fight this thing tooth-and-nail. We have quite a battle ahead. I don't know exactly what this is going to lead to but it's going to be interesting.