Discovering, archiving, and disseminating knowledge regarding abuse of the People by governments and corporations in the Medieval Digital Era//
גילוי, ארכיבאות, והפצת מידע על התעללות בציבור על ידי ממשלות ותאגידים בימי הביניים הדיגיטליים
Monday, November 18, 2013
From Wikipedia (the propaganda organ) - recent skirmishes of Bitcoin with the US gov.
I see in the tea-leaves Bitcoin used in wide parts of the world, and any association with it, holding it, trading in it criminalized in other parts and heavily persecuted.
Guess which nations would be under which parts?
On 15 May 2013, the US authorities seized accounts associated with Mt. Gox after discovering that it had not registered as a money transmitter with FinCEN in the US.
In July 2013 a project begun in Kenya linking Bitcoin with M-Pesa, a popular mobile payments system, in an experiment designed to spur innovative payments in Africa. During the same month the Foreign Exchange Administration and Policy Department in Thailand stated that Bitcoin lacks any legal framework and would therefore be illegal, which effectively banned trading on Bitcoin exchanges in the country. According to Vitalik Buterin, a writer for Bitcoin Magazine, "Bitcoin's fate in Thailand may give the electronic currency more credibility in some circles." But he was concerned it didn't bode well for Bitcoin in China.
In August Federal Judge Amos Mazzant of the Eastern District of Texas of the Fifth Circuit ruled that bitcoins are "a currency or a form of money" (specifically securities as defined by Federal Securities Laws), and as such were subject to the court's jurisdiction, and Germany's Finance Ministry subsumed Bitcoins under the term "unit of account"—a financial instrument—though not as e-money or a functional currency, a classification nonetheless having legal and tax implications.
In October 2013 the FBI seized roughly 26,000 BTC from website Silk Road during the arrest of owner William Ulbricht.