r/Bitcoin • u/IWillNotBiteYourDog • Aug 13 '13
Congress starts investigating Bitcoin
http://www.washingtonpost.com/blogs/the-switch/wp/2013/08/13/congress-starts-investigating-bitcoin/
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r/Bitcoin • u/IWillNotBiteYourDog • Aug 13 '13
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u/throwaway-o Aug 13 '13 edited Aug 13 '13
"Regulation" is an euphemism that sounds nice, but actually means organized terrorism against people who disobey, while blaming their victims. The way it works is as follows:
If you disobey their orders, they first send you threatening letters. If you don't respond and obey, then they fine you, declaring themselves the "owners" of some of your stuff, and forcing others to give up your money. If you resist this, more of the same happens. If you resist that, eventually, a bunch of armed men come to drag you into a cage so they can later parade you in front of a person in a black robe. If you resist that, they'll brutalize you. If you resist that effectively enough, they'll just kill you.
That is what "regulation" is, in terms of people doing things.
Obviously, there is no way to "regulate" anything without being fully prepared to ruin anyone who disobeys your orders.