Quote from: BTCtrader71 on April 01, 2014, 03:00:04 AM

Quote from: AnonyMint on April 01, 2014, 02:37:28 AM

Please don't ignore the question.

...

Do you really think the government is going to give up its control over money?

I think this is a very good question, and I think the answer is no, they will not give up control over money. At least, not on purpose. So in my mind the question becomes: does the government regard cryptocurrencies as a threat to their control over money? A few years ago I might have predicted yes, but recently I have been leaning more towards no, based on less-than-hostile comments from various people like Ben Bernanke, Janet Yellen, Alan Greenspan.

Propaganda. Have you followed what Larry Summers said? They want digital currency so they can easily confiscate. The establishment is supporting Bitcoin because they can more easily track where all the money is.

Quote from: BTCtrader71 on April 01, 2014, 03:00:04 AM

....but bitcoin is not as high on that list as early enthusiasts (like me) used to think. In an ideal world, bitcoin will not topple the central banking system, something else will; and when that happens, bitcoin will save us all from chaos. I am sure my thinking on this question will continue to evolve.

It is very high on their list if it can grow.

They are trial ballooning different ways to bring the world onto a digital ledger so they can confiscate by pressing a button. Off chain on Bitcoin will be the mechanism to achieve this control.

They have nothing to fear from Bitcoin, because one pool already controls 50% of the mining. They could easily blacklist coins tomorrow if they needed to.

Now they just to manage their baby well to keep you all supporting their desired outcome of slavery.

Proof is in the facts. Bitcoin is not decentralized. You all are controlled by propaganda. The mining is already controllable by the government.

The key now is to manage it so you all don't wake up and move to an anonymous coin. To keep you all locked in by your greed and the thought the largest market size is best.

Quote from: BTCtrader71 on April 01, 2014, 03:00:04 AM

Quote from: AnonyMint on April 01, 2014, 02:37:28 AM

Your mindset is based around things that don't challenge the government's control. Indeed the government will look the other way when their control isn't threatened. Even the guy who runs the FinCEN said in recent interview, they will regulate much more strongly if Bitcoin is used by most of the population.

My current thinking (again, this is likely to evolve as time goes on) is that by the time they decide to regulate bitcoin, it will be too late.

Quote from: AnonyMint on April 01, 2014, 02:37:28 AM

Quote from: BTCtrader71 on April 01, 2014, 02:19:06 AM

Jim: What's so bad about that?

Bob: He like, had to fill out a Schedule D, man.

Jim: So you're saying it's worth it to give up $40,000 so you can avoid filling out a Schedule D?

Bob: Exactly.

Jim: You're mom and dad were first cousins, weren't they? .....

Now you are just being a dick.

Having been born south of the Mason-Dixon line, I meant only to make fun of myself. My apologies if I offended ...

That makes two us. Born and raised to age 15 in New Orleans.