Msg. 39968 of 47202 (This msg. is a reply to
39951 by
Decomposed)
Jump:
>>>
This won't be tolerable to our Masters for long. They'll make surreptitious bitcoin transactions illegal. Just you wait and see.
>>>
Right there, De.
You know and I know as soon as the 'powers that be'
catch on they will close that loophole.
And then I would think that if BitCoin really was
'secure' . . . every transaction would have to be
tracked 'somewhere' or somehow. If that be the case
then eventually the governments will find a way to
catch up to tax evaders . . . And if it is not
'trackable' then the thieves and charlatans will have
a field day stealing or falsely fabricating 'un-registered'
bitcoin to sell.
Which leads me to another of the problems with 'digital
banking' . . . EVERY transaction no matter how big
or how small is trackable. Everything one purchases,
every penny one makes, everything becomes data for
unscrupulous 'peoples' to manipulate.
- - - - - The above is a reply to the following message:
Re: Is Bitcoin Just A Brilliant Wealth Redistribution Scheme? Many older, wealthy people are losing out, while younger risk takers are getting rich...
By: Decomposed in
POPE IV Mon, 11 Dec 17 3:11 AM
You're failing to take into account bitcoin's value in facilitating the movement of money out of the country. Not just our country, but ANY country. A lot of Chinese are buying bitcoins. But, increasingly, a lot of westerners are.
Try move $200,000 out of the country and you'll be heavily taxed. Do it with bitcoins and, in all likelihood, nobody will know. The bitcoins may only be owned for a few seconds.
This won't be tolerable to our Masters for long. They'll make surreptitious bitcoin transactions illegal. Just you wait and see.
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