CNBC: Branson-backed cryptocurrency start-up launches a super-fast exchange to take on Coinbase

[Punk]

On Thu, 1 Aug 2019 23:08:16 +0000 (UTC)
jim bell <jdb10987 at yahoo.com> wrote:

>  On Tuesday, July 30, 2019, 01:01:03 PM PDT, Punk <punks at tfwno.gf> wrote:
>  
>  
>  On Tue, 30 Jul 2019 13:59:21 +0000 (UTC)
> jim bell <jdb10987 at yahoo.com> wrote:
> 
> >> CNBC: Branson-backed cryptocurrency start-up launches a super-fast exchange to take on Coinbase.
> >> https://www.cnbc.com/2019/07/30/bitcoin-blockchain-launches-crypto-exchange-to-take-on-coinbase.html
> 
> 
>    > government-corporate attacks against bitcoin keep increasing by the day - is that what you're highlighting here Jim?
> 
> In part.  The Government (Federal Government of US) basically ignored the idea of digital cash, certainly up to 2008 (prior to Bitcoin) and for years afterwards.  It couldn't avoid paying attention around 2013, when it took down Silk Road (I).  Separately, the IRS apparently decided to treat digital cash differently than (foreign) currencies.  

	according to the US govt bitcoin is a 'commodity' which is of course hilarious since bitcoins don't physically exist. They are just numbers in an accounting system. 


> I think it is foolish for those who participate in usage of digital cash (including Darknet Markets) to fail to react to these kinds of government attacks, including gradual control increases.
	
	Indeed, it's very foolish. Then again, quite a few people involved in crypto currencies only care about money, or are themselves the attackers. Some of the biggest threats to bitcoin come from the criminal organization known as "coinbase" (founded by a goldman sacks criminal go figure), from "xapo" and other exchanges who are just arms of the government, enforcing KYC/AML fascist 'rules' and of course surveilling their 'customers' (willing victims)