The state's attempt to control BTC - Morgan Rockwell CEO of Bitcoin Inc
Bitcoin entrepreneur Morgan Rockwell was arrested by Department Of Homeland Security over a Bitcoin transaction from November 2016 and was released under a personal recognizance bond. Learn more about his story here: https://medium.com/@NodeFather
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Thanks for sharing this story. This is indeed the governments attempt to control Bitcoin through fear, or perhaps we can say they are spreading more FUD. This story is quite sad, but I think the saddest part is the man not being allowed to take his medicinal cannabis which has been rightfully prescribed by a doctor. I'd be furious if I were in his situation and my cannabis needs hardly fall into the medicinal category. I hope justice prevails and he beats the case.
Hope he beats the case too
Unfortunately, Government spread FUDs the more and creates strategies to counter a decentralized economy.
Fortunately, Blockchain has come to stay and sustainable decentralized platforms erupts by the day.
Bitcoin, like many other Cryptos represent the kind of decentralized system that needs absolutely no government intervention to flourish. That's why they're scared of it. Not just governments, virtually all big powerhouses in the current system are trying to bring Crypto down - they can try, but it won't succeed
Marijuana hash oil extraction machine? LOL Any sane person would not view that as suspicious. Only a rabid FED can come up with something this stupid.
The federal Reserve will be extinct just a matter of time, and people will woke up from the stupidity they were doing, and soon bitcoin will be the currency of the free people. Bitcoin just grown organically, because people get tired of what the government doing like policing the world which will only benefit those elites.
Not funny for Rockwell and the other 8 convicted but honestly don't the federals have any better to do than discriminate people.
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This is so unbelievable the sheer amount of corruption in public sector. Time for corporations to take over
As blockchain begins to significantly threaten the underpinnings of the old system, I have no doubt intimidation and worse will be favorite weapons of those who stand to lose with decentralization.
the development of bitcoin is growing rapidly and does not require government intervention to develop. It is the biggest fear for the government that the government is looking for various ways to discredit bitcoin.
bitcoin is the money of the future
It may become the "money of the future", but it seems like that won't be happening in the USA... certainly not at the outset. Until this government is reigned in, whereas, at present using it will be considered an act of "civil disobedience", only a scant few will dare work with it. And this is a big deal for anarchos. Is this not proving to us all, that the means of defending oneself against encroaching governments is simply not available to anarchos? At least the minarchos have the Deputiz'm Plan option at their disposal............
Now, it is intriguing that Nevada's casinos would have immunity against this sort of contrived strict liability processing. But try to open up a casino as an anarcho in america and see what kind of power you need to fight a state from preventing your construction.
Gdax is backed by the FDIC. The feds are already in the game -
I agree with the opinion Morgan Rockwell
a federal court that forbids Bitcoin by any means, a scapegoat that does not protect the rights of citizens. This is ridiculous when a court judges an innocent person by finding excuses .
strangely this country