Category Archives: Bitcoin and Government

Post Offices Consider Being Bitcoin Exchanges?

It would perhaps be one of the biggest ironies ever that one of the institutions hurt most by the advent of the Internet (i.e. the Post Office) could be saved by embracing another disruptive Internet technology (i.e.Bitcoin). In this article … Continue reading

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Whom Do You Trust?

“But some worry about the potential for misuse of unregulated virtual currencies, which are not backed by any government or a commodity like gold, but instead exist entirely as computer code.”  The Baltimore Sun And there were some in our … Continue reading

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Bitcoin Is Already BETTER Regulated Than Any Government Agency Could Do

As the “regulators” in NY himm and haww about what to do to regulate Bitcoin they walk right past the forest as they look for trees. What they don’t seem to grasp and seem totally clueless to is that Bitcoin … Continue reading

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Re: Upcoming Auction Of Silk Road Coins. A Government Sponsored Bitcoin “IPO”?

With the recent court order of the forfeiture to the government of Silk Road Bitcoins (still pending an appeal if I understand correctly) a public auction of such a large amount of Bitcoin would have all the smells and sounds … Continue reading

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What Does China Expect By Driving Bitcoin Underground?

In a previous article I presented the possibility that a government crackdown in the U.S. could result in creating a similar situtation to what happened here during Prohibition. By making an extremely unpopular law the US government saw where people … Continue reading

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Paul Krugman Blows It Big Time On Bitcoin

Paul Krugman, a world famous economist asks a REALLY Silly question … Placing a ceiling on the value of gold is mining technology, and the prospect that if its price gets out of whack for long on the upside a … Continue reading

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When Bad News Hits

When the Chinese government came out with “guidance” that was far more strict on Bitcoin than anyone expected it caused a major price shift. Why then do so many reporters post that under the “volatility of Bitcoin” banner? After all, … Continue reading

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How About An Equal Playing Field For Bitcoin!

The European Banking Authority said “Currently, no specific protection exists in the E.U. that would protect consumers from financial losses if a platform that exchanges or holds virtual currencies fails or goes out of business” & “cases have been reported … Continue reading

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Is Fiat Money The True “Tulip Mania”?

Bitcoin has stirred comparison of itself to the 1637 “Tulip Mania” that saw tulip bulbs’ values rise to 10 times the annual salary of a skilled Dutch craftsman. But, really, is the tulip mania starting or is it ending? Perhaps … Continue reading

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Is It Volatilty Or Resilience?

re·sil·ience riˈzilyəns/ noun noun: resilience; plural noun: resiliences 1. the ability of a substance or object to spring back into shape; elasticity. “nylon is excellent in wearability and resilience” 2. the capacity to recover quickly from difficulties; toughness. “the often … Continue reading

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