The Political Bitcoin Crackdown
It seems the digital currency Bitcoin is under fire by government officials all around the world. The latest attacks on Paris have led to heavy scrutinization on cryptocurrencies and encryption. With this has comes very vocal proclamations from leaders all around the globe. Despite these vocal opinions, evidence suggests that the Paris attackers never used encrypted messaging, and reports of terrorists using cryptocurrency appear to be false. Ben Bernanke former Federal Reserve chairman feels that Bitcoin isn’t the most stable currency today and may fund terrorism. In his interview with....
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Ethereum is the most recent asset caught in the path of the bulldozing machine that is China’s crackdown on crypto and crypto-related activities. When the country had begun to crackdown on mining earlier in the year, much focus had been placed on bitcoin given that it was the most popular cryptocurrency in the market. And […]
How do you get lawmakers to understand the concept of bitcoin and digital currency in the most effective way possible? It's a question that's been answered by BitPay (a bitcoin digital payments processor) and CoinVox (a bitcoin services firm for political organizations). The two companies have teamed together to offer an "all-in-one" solution for political candidates, political action committees and political organizations to easily accept bitcoin donations. The integration will effectively allow political groups to securely accept contributions/donations while remaining compliant with....
Several U.S. lawmakers see China’s authoritarian crackdown on cryptocurrency, including bitcoin, as “a perfect opportunity for American leadership on cryptocurrency.” One senator noted that it is “a reminder of our huge structural advantage over China.” US Lawmakers Comment on China’s Cryptocurrency Crackdown Following the latest news of China’s crackdown on cryptocurrency, several U.S. lawmakers have shared their views on the situation. Senator Pat Toomey from Pennsylvania said: China’s authoritarian crackdown on crypto, including....
Should we depend on established political parties to defend the interest of Bitcoiners? Or is it time to form a new Bitcoin political party?