runtogold.com / By Trace Mayer, J.D. / January 31, 2013
Bitcoin, a censorship-resistant crypto-currency, will absorb any regulatory interference and only grow stronger as a result. Blowback baby! The cost of using credit cards is being dragged out of the shadows. Germany has demanded their physical gold be moved back to the Homeland in anticipation of a currency crisis and capital controls. And the Bitcoin juggernaut continues to gain mass and momentum having reached $21.43 today.
Bitcoin, with a pitbull like grip, has attached itself to Leviathan’s carotid artery.
BITCOIN HAS SEBASTIAN SHAW-LIKE CHARACTERISTICS
Jon Matonis recently wrote how a government ban on Bitcoin would fail miserably. Sebastian Shaw is a mutant villain in X-Men: First Class and leader of the Hellfire Club. Shaw has the mutant ability to absorb energy or force and then focus it in a counter-attack.
If there were proposed regulation I can already see Bitcoin’s smirk coupled with the satirical response, ‘Promise?’
I would go into more depth about why this is the case but I should give you some reason to attend on May 17-19th, with about 1,500 others, the Bitcoin Conference 2013 in San Jose, California. Plus, Jon Matonis has graciously invited me to give a presentation on Bitcoin: Regulation, privacy and taxes. It should be fun and interesting!