Originally posted on 01/05/2017:

Quote Originally Posted by Dan Kelly View Post
Trumps DoJ & AG are going to make Bitcoin worthless. They'll legislate, and then prosecute, the end of non-government currencies - mainly because they can not collect taxes on Bitcoin and money launderers love Bitcoin. I wish I were wrong about this, but y'all better be ready for it - unlike the Dems, ending Bitcoin is in the Republicans wheelhouse.

BoL

You'll be pleased to know I think you are completely wrong on all counts then.


Trump has been appointing pro bitcoin people to key positions.

There is no "govt currency" now. The reserve owns it. ie the banks.

Why do you imagine they cant collect tax on bitcoin earnings? Have they not been able to collect tax from people using cash all this time?


Also not certain how you can twist this to be a dem v gop thing... who do you think is putting the investment into developing systems based on it? Hackers and anti-mainstream people? Or is it the big end of town driving it now?

Crypto currencies and blockchain technology are going to be a part of your life until you are gone now. US govt could not stop that even with their best resources.... but apart from that they dont even want to. Just regulate it tightly.