Bitcoin high drama

There is clearly supposed to be a comma after the word "exchanges" in the first sentence here:

http://freedom4um.com/cgi-bin/readart.cgi?ArtNum=162909

Scrabble fans know the word "gox" well as one of the points-rich three-letter words. Hmmmm, Mt. Gox "was, for a time, the largest-volume Bitcoin exchange" (Wikipedia).

Don't you love it? "Central banks across the globe have begun to crackdown [sic] on the cryptocurrency, instructing financial institutions not to accept bitcoins because they have no legal status or monetary-backing, like state-backed currencies." HAH, like the fiat currency of any country today is lawful or monetary-backed, whatever that means? But wait, it gets better:

"The Russian Central Bank issued a ban on the virtual currency as they see it as a tool for criminals and terrorists to launder money without leaving a trace, as transactions are anonymous. On February 7, the Prosecutor’s General ruled bitcoin cannot be used by Russian citizens or companies." So much for the new Russia under Putin, where there is supposedly a great thaw going on in terms of people's basic liberties!

Russians can't even touch Bitcoin, is that it? And because of "terr'ists", just like here? The fedgov there needs to study up on underground economics. In these days of fiat (i.e. thin-air) everything, black markets are sometimes the cornerstone of an economy, as pot sales were in (and probably still are) California before the very recent pseudo-semi-de-criminalization of the weed.

Governments are, they say, ordained by God. They could show it forth a great deal better by going after real malefactors instead of playing endless Alice-in-Wonderland games on citizens over things like pot use. Today's politicians make Marie Antoinette look like the second Great Lawgiver after Moses.

Food for thought from an actual U.S. Congressman -- remarkable:

http://www.brasschecktv.com/videos/the-bogus-drug-war-1/why-is-marijuana-a-schedule-1-drug.html

Legalization is, IMHO, the second worst solution to the drug mess, the first being keeping the status quo. That is to say unless the ameriKan people are going to go back to Godly living and thinking overall, it's pick your poison on a variety of major issues like this, with no actual progress in sight. Wish the news were better!

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