RE: GOD, SOVEREIGNTY AND SILVER: CLIPPED COINS AND BITCOINS
So I'm just another peasant that wants an end to the banking cartels, as such I've been buying gold, silver and crypto and buying out of fiat. Now, all of these are of course regulated by various authorities which is the interesting part.
Gold/silver exchanges were quite happy to take a regular photo of ID and proof of address. Bitcoin exchanges however were not willing to jump on board with the exact same ID because of tiny imperfections (flash) on nothing relevant. PoA was not accepted because it was a voting card issued from the council, not an electric bill etc (we are on PAYG bills so have none).
My point being is that the legislation is far more stringent on crypto exchanges; I speculate that this is because they are considered such a threat to the financial establishment. My .0000000002BTC ;)
Fair enough point. Vending machines and P2P exchanges help with this. I think actually we are still yet to see the full force of state intervention. State's give away nothing without a fight and if central banking authority starts to be more fully eroded we will see police raids and medieval regulation. The important thing is that crypto stays true to its name and stays several steps ahead. I think it is only worth following currencies that have privacy in their DNA.