Post
Topic
Board Bitcoin Discussion
Re: Decentrally mined currency has failed and can't possibly be rescued
by
UnunoctiumTesticles
on 30/11/2014, 03:11:34 UTC
The only way you can stop the government from having this power, is to hide the mining pools so the government can't find them (the servers).

Not only is this very possible, it is our civic duty to do so. Government employees must be shown their limitations to power that are already clearly laid out in the US Constitution.

How is it possible now? I am guessing you don't have a technological noodle to contemplate what you are saying.

I was confused by your statement regarding the blocking of private keys. It is very strange that you think government can have any control over Bitcoin at all. You seem to think you speak for most people. I disagree.

Huh? Where is your rebuttal to the fact that the government can regulate the mining pools?

2. Government has a huge moral obligation to regulate Bitcoin to protect the public from fraud, theft, and tax evasion. And please realize the government is bankrupt and has an obligation to the public (e.g. unfunded promised future liabilities of the USA government to its constituents is $150+ trillion), so they will be increasing the portion of the wealth they confiscate each year. Governments will confiscate (ahem "tax") increasingly larger share of the GDP every year for next next couple of decades, because the global debt is $158+ trillion and the debt-to-GDP ratios are greater than 200% in every western nation on earth.

While probably factual, it is irrelevant. There is nothing in the US Constitution about any of this. I think Obama's last act will be to mint many One Trillion Dollar coins to pay off all debts. But my opinion is also irrelevant. Methinks this is a troll and I fell for it.

The USA Constitution is dead and was shredded a long time ago. You are living in a fantasy bubble, not reality. And you have not studied the history of how bankrupt mainstream governments always become totalitarian states. Armstrong has studied this, and I have cited him. You choose not to read his expertise at your own peril.

You are correct that the USA is going to fracture and it will come to a shooting civil war being those few who believe in the Constitution and the masses who are quite contented to be taken care of by the government. I guess you haven't noticed how many millions of Americans are on food stamps, Medicare, long-term unemployment, disability payments, etc.. The government knows this is coming, that is why they have militarized the police so they can be sure to "take your Constitutional gun from your cold, dead hand". I wish the "Bundy Ranch" types can prevail, but that would be fantasy.

Nobody is trolling here. Let's stick to the facts please. Answer the questions with facts. Btw, my AnonyMint profile would be at Hero or Legendary status by now if I had not abandoned it on purpose, so please don't claim tenure over me.