Hell they ought to outlaw the Fiat FRN's the US is using now. It buys way, way more drugs than Bitcoin ever will!

I like (read: not really) how they lump "silk road" and Bitcoin together, like they're partners in crime or something.

You could re-write that whole article, replacing "Bitcoin" with "US Dollars", and "digital" with "physical", and it would make just as much sense.

Bitcoin is just the currency these drug dealers are dealing in. They deal in any currency that has value!

That's like saying hammers are bad because a few people use them to bash people's skulls in.

Matthew

So uh, how do they plan to shut down Bitcoin?

i forgot that the US govt can arbitrarily shut down a company based in Japan.

Now Dwolla would be a bit more dicey...

I think mtgox's bank account is US based, as it is required to obtain a dwolla account. Majority of their money has to be in the US bank account to facilitate dwolla withdrawals and deposits.

Also, you think the NSA would have a hard time doing this covertly? Or would hesitate, at the Secret Service's behest, to behead any of these emerging exchanges?

They wouldn't, and they wouldn't, I assure you.


We need a TOR exchange. Now. and preferably with SSL/TLS at the exit nodes REQUIRED to transact.

  lol

Converting BTC to USD will be declared illegal soon enough.

Obedience to the law is freedom:



War is peace, etc.

Cheers,