Quote from: Piper67 on June 28, 2011, 03:39:09 PM

Quote from: david19801 on June 28, 2011, 03:32:17 PM

Drum roll please...it's the news we were all waiting for...

http://nerdr.com/bitcoin-laws-imminent-bit-coin-soon-to-be-illegal-in-us/

I guess it was inevitable really...

This is being discussed in another thread. First, and foremost, a search of the US courts website found not even a passing mention of bitcoin. Secondly, in the US, Congress makes laws, not the courts. There is no law in the US against trading in currencies other than the US dollar, contrary to what the trolls may suggest. Thirdly, and this has also been discussed ad infinitum, how exactly would the US propose to make bitcoin illegal anyway? Shut down the internet perhaps?

Right now, I for one don't give three hoots what the US wants to do about bitcoins... I'm MUCH more interested in the approach the Chinese government will take. This could be a godsend for a country that wishes to trade with the world, yet wants its own currency to be artificially devalued.

Cheers, everyone

Could they ban all crypto currencies?

Do you have a link with more info on the Chinese? Sounds cool!

david19801

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