I try my hardest not to start any threads about bitcoin at all, but this short video, released early this morning, is a real turning point for bitcoin, and everyone here should understand what this means:
[ame="http://www.youtube.com/watch?v=XQqZ9b0S0BY"]http://www.youtube.com/watch?v=XQqZ9b0S0BY[/ame]
Full of CEOs like Overstock.com's, leaders like Jeff Tucker and Berwick, tons of top bitcoin experts, spokespeople, coders, and entrepreneurs, this video calls out governments directly in the exact same format and style that the Declaration of Independence called out King George back in 1776.
It will be impossible to miss for regulators like Lawsky, the finance committee, and the Fed. They'll all be seeing it before the day is out, I'm sure.
This could be a problem of course; they were already not to friendly to bitcoin; now they'll have a 'tipping point' event to react to... Some may choose to see it as the equivalent of an armed resistance movement, equating it to George Washington gathering his troops.
I kinda wish they wouldn't have done this until after the next rally when bitcoin's market cap will be much larger, but the fact is that the network's safety from attack is already strong enough... Whatever governments want to throw at bitcoin in response to this video, it can only hurt the price for a little while at worst, at the cost of proving to the world that they fear bitcoin.
One obvious result is your going to see a harder split in bitcoiners now; those who still hope for regulation to make bitcoin more accessable, and those like in the film telling governments that their regulation is futile. I think you guys know which camp I'm in.
[ame="http://www.youtube.com/watch?v=XQqZ9b0S0BY"]http://www.youtube.com/watch?v=XQqZ9b0S0BY[/ame]
Full of CEOs like Overstock.com's, leaders like Jeff Tucker and Berwick, tons of top bitcoin experts, spokespeople, coders, and entrepreneurs, this video calls out governments directly in the exact same format and style that the Declaration of Independence called out King George back in 1776.
It will be impossible to miss for regulators like Lawsky, the finance committee, and the Fed. They'll all be seeing it before the day is out, I'm sure.
This could be a problem of course; they were already not to friendly to bitcoin; now they'll have a 'tipping point' event to react to... Some may choose to see it as the equivalent of an armed resistance movement, equating it to George Washington gathering his troops.
I kinda wish they wouldn't have done this until after the next rally when bitcoin's market cap will be much larger, but the fact is that the network's safety from attack is already strong enough... Whatever governments want to throw at bitcoin in response to this video, it can only hurt the price for a little while at worst, at the cost of proving to the world that they fear bitcoin.
One obvious result is your going to see a harder split in bitcoiners now; those who still hope for regulation to make bitcoin more accessable, and those like in the film telling governments that their regulation is futile. I think you guys know which camp I'm in.
