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Mendenhall

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Did they do this to "protect" people, or for more control?

Almost any ban can be said to be done to protect people.

Cant have them reading some books for their own good!

I have read FinCen guidelines and not being a lawyer its not clear to me. In one part it seems to say its fine but in another it appears to be able to fit into "exchanger"

I find it odd to have not found an easy clear answer to this at this point.

I would also add that there are many cryptos, that comes into play in a few ways. One major difference with traditional "money" right now is the wild price fluctuations. You can have $100 worth of a crypto one day and the next its worth $1000. In some ways that is bad, but in others it is very very good!

I am no bitcoin evangelist by any means, but I do try to see both the positive and negatives. With taxes I have a feeling in due time because of the "recorded" nature it will be even easier to track than cash. How is the government supposed to collect taxes if I sell someone a baseball card for $1000 cash? I personally would pay taxes on cash or crypto just to avoid any hassle.

While I am sure those reasons play a part I think thats not even close to all of what makes it valuable. Ease of use is a huge one. I can set up a wallet in less than a minute and someone from across the world can send me bitcoin in the time it takes for it to clear the block, other cryptos even faster.

One can post their wallet address and make jokes on social media and receive bitcoin just because people like the content and are happy to support it. (yes that works)

You can receive bitcoin without giving anyone your name,address,etc,same with sending it to someone and do so for legal purposes.

Try to do any of those 3 above with dollar bills and its just not even in the same realm. I see great value in that.

Thats what I really value about them.

It removes all of the below and then some.

"That never happened.

Forget I said that.

Can we start again?

I’m just going to pretend you didn’t just say that."

If you are a US citizen contact your representative and let them know you want people held accountable. Be active in social media calling for the same (if you're on social media).

I know many wont do that based simply on political affiliation which is sad but expected in todays environment.

I dont understand much of the "hate" that goes on with bitcoin/blockchain in tech circles. I get that people may not like the ideology/uses of some of the people involved but that to me has nothing to do with the tech. I downloaded a wallet and by using twitter I was able to have people send me coin within minutes and never had to identify etc. I know of no other medium that could do that.

Depends on what you are doing. Is it really a currency? I dont personally treat it as such no matter what anyone says. I enjoy and profit off the volatility, at this point its impossible for me to lose any money if it crashes to zero even while I am holding botcoins. If I want "stable" I have stock market etc.

Some of these exchanges have come a long way and the volatility makes it great to trade cryptos. I still view it as the wild west, so scammers everywhere, but where there is chaos there is profit!

All these problema already have laws on the books.

“People are beginning to run across the streets, parking is absolutely overloaded, the police are now ticketing, food trucks are showing up,” the Milwaukee County Supervisor remembers. “It was unbelievable. There’s no facilities to go to the bathroom. People are urinating on people’s lawns. You’re finding female napkins and feminine hygiene stuff all over the place.”

With all the talk about healthcare these days I wonder as an experiment what a "machine" could detect if you gave it saliva,urine,stool,hair sample.

Privacy concerns aside I would assume many basic medical issues could be diagnosed through those without the need for a "doctor".