(untitled). .. I wouldn't even walk round it.
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Views: 41914
Favorited: 34
Submitted: 04/10/2014
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#9 - anonymous (04/11/2014) [+] (9 replies)
Wait, the government banned bitcoin?
Is that even legal?
User avatar #10 to #9 - douthit (04/11/2014) [-]
As if those in government follow the law?
#21 - mankey ONLINE (04/11/2014) [+] (4 replies)
I wouldn't even walk round it.
I wouldn't even walk round it.
#6 - eyecontacthandjob ONLINE (04/11/2014) [+] (4 replies)
It's like Catholic conservatives banning weed.
#11 - douthit (04/11/2014) [+] (12 replies)
What the market wants will always be provided, even if on the black market. See guns and drugs.
User avatar #39 - lean (04/11/2014) [-]
The government can't ban alternative forms of currency unless it is intended to resemble or supersede governmental "fiat money". Any other form of currency is specifically designated as legal goods, which can be bartered and traded for cash or other goods. Unless it is counterfeit fiat money, or contains certain words such as legal tender or symbols for legal tender like $.
The government may try, as the have been for the last 7 years with the liberty dollar, but will ultimately be unable to pass a sentence because bitcoin isn't legally recognized as a currency. If they recognize it, it becomes a second legal tender subject to all monetary laws, and if they don't, the remain impotent to it's consumption and use.

TLDR: It is a dumbass senator trying to avoid pressing government issues so he wont look like another idiot in big government, and failing miserably.
#13 - infinitereaper (04/11/2014) [+] (12 replies)
Honestly they don't even need to ban bitcoin, the stuff is becoming so expensive, scarce, and large that unless your a rich fag you can't really join in.

These days you'll scrouge up enough money for fractions of a bitcoin like a peasant
User avatar #25 - neokun (04/11/2014) [+] (4 replies)
What the **** is a bitcoin?
User avatar #59 - xxrayxx (04/11/2014) [-]
Windows Firewall
User avatar #31 - usarmyexplain ONLINE (04/11/2014) [+] (12 replies)
Dont worry, bitcoin exchanges are in full swing on the dark net
#64 to #31 - spanishninja (04/11/2014) [-]
>dark net

top ******* lel
#82 - jalthelas ONLINE (04/11/2014) [+] (1 reply)
**jalthelas rolled comment #8437706 ** :
i like this card.
#65 - tisjunkisdamnfunny (04/11/2014) [+] (2 replies)
mfw it took me 3 weeks to figure out bitcoins    
mfw my package from sr arrived two days ago
mfw it took me 3 weeks to figure out bitcoins
mfw my package from sr arrived two days ago
#73 to #65 - leepicfunposter (04/11/2014) [-]
>mfw i´m a cop
User avatar #1 - nonouch (04/10/2014) [+] (13 replies)
what is this bitcoin thing? what does it do?
User avatar #19 to #5 - drunkexplain (04/11/2014) [-]
basically. Google it.
#90 - bulanu (04/11/2014) [+] (1 reply)
**bulanu rolled image**
#60 - baitdoesnttalkback (04/11/2014) [-]
did they ban it?what happened?
User avatar #72 - technobanana ONLINE (04/11/2014) [+] (1 reply)
Wtf is bit coin? O_o
User avatar #62 - ghostninjaguy (04/11/2014) [-]
How do you get around?
#55 - anonymous (04/11/2014) [-]
I wonder how many of these losers even had any bitcoin? Better yet i bet they would be begging for government intervention if they had any in the Mt. GOX exchange considering they kinda stole millions of dollars and screwed their customers.
User avatar #44 - coolharry (04/11/2014) [-]
:'(
#23 - anonymous (04/11/2014) [+] (3 replies)
well it's value is propped up by the black market and it does open many opportunity for organised crime. We're not ready for virtual currency until it's been thought out better.
User avatar #22 - stealingbikes (04/11/2014) [-]
It's funny because it's just like the fence across the US/Mexico border
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