Bitcoin developer confirms he's working with Gov. to give control/power to US Gov.
Wednesday, 4 December 2013
Transparency: Bitcoin
I can't embed the video here but please go to the link below- starting at the 15 minute mark and paying special attention to what is said from 21: till the end of that segment of the show!!
Thanks to my buddy who gave me the heads up on this!!
Just an addendum to your post on Bitcoin. Bitcoin developer Jeff Garzik explicit confirms on TV he is working with government and keeps updating the bitcoin protocol often to give control and power to US goverment.Please watch the video starting at 15:30
http://blip.tv/whatstrending/week-4-06-07-11-with-lupe-fiasco-kevin...
Not mainstreamer
The different crypto currencies will also need a legal framework for handling debt and debt collection just like paper money. I think that was the meaning of "regulations". Source code is open source, no need for NSA to get a budget for obtaining the bitcoin "protocol". They get that for free.
Interesting how negative hoster Shira Lazar is to Bitcoin. Typical blondine questions:
1) If Bitcoin isn't reliable - isn't the a big problem?
2) If Bitcoin works - isn't that a big problem for law inforcement?
Dec 13, 2013
Not mainstreamer
A five minutes intro to crypto money
Dec 13, 2013
Sean William
Sure thing, government will do everything they can to have control over this new digital currency. And I think it’s good that the developer is working with them cooperatively about this matter. BTW, if you want to know more news about bitcoin, you can visit the Bitcoin Daily website.
Jan 30, 2014