Why would "the government" or "the banks" wnt to shut down bitcoin? Those thinking startegically about a possible loss of power due to bitcoin replacing fiat currences most likely do not see bitcoin as a real threat yet: They won't act unless bitcoin becomes a real problem for them (if they cared for every little project that showed some potential there'd be a thousand things they's have to fight at once).
My thoughts exactly. No significant powers care about bitcoin at the moment...
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BoardBeginners & Help
Re: Bitcoin Faucet's back
by
theriveriswide
on 17/06/2011, 22:23:43 UTC
Oh, they want your phone number to send SMS spam. No thanks.
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Re: Keeping funds on an exchange site or in wallet?
by
theriveriswide
on 17/06/2011, 22:12:54 UTC
I like the idea of keeping my own wallet secure, using a separate savings wallet similar to the method posted here.
As for third party services, why trust anyone but yourself?
For example, thieves rob banks, even sometimes being bank employees themselves. Most people trust banks because their money earns interest and in the US it is insured by the FDIC.
But if you're not particularly trusting of banks (and as a result are pursuing your financial dreams in cryptocurrency) why trust ANYONE else with your money?