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Economics / Finance So you did well in math but you slept through Economics 101?

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Old 02-26-2014, 9:57 PM
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Exclamation WV Senator Calls For Total Ban of 'Dangerous' Bitcoin

"Sen. Joe Manchin, D-W.Va, has written to federal regulators urging them to totally ban Bitcoin, the "cryptocurrency" that has so excited the financial and tech world over the last year. Manchin calls Bitcoin "dangerous," "disruptive" and "highly unstable."

Addressed to Treasury Secretary Jack Lew and several other regulators, the letter paints Bitcoin as volatile and unregulated, a criminal currency already denounced by other major governments." -- NBC News

Senator Calls For Total Ban of 'Dangerous' Bitcoin -- NBC News
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Old 02-27-2014, 10:13 AM
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""The clear ends of Bitcoin for either transacting in illegal goods and services or speculative gambling make me weary of its use," Manchin, who sits on the Senate Banking Committee, concludes."

Sure, and nobody, but NOBODY, uses the US dollar(or any other form of national currency) for transacting in illegal goods & services or speculative gambling.

Sheesh, Joe, get a grip already. Nobody is forced to use Bitcoin. If someone loses their shirt on Bitcoin, what's that to you? Grow up.
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Last edited by flythunderbird; 02-27-2014 at 10:13 AM.. Reason: Corrected a typo
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Old 03-24-2014, 4:35 AM
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Quote:
Originally Posted by flythunderbird View Post
""The clear ends of Bitcoin for either transacting in illegal goods and services or speculative gambling make me weary of its use," Manchin, who sits on the Senate Banking Committee, concludes."

Sure, and nobody, but NOBODY, uses the US dollar(or any other form of national currency) for transacting in illegal goods & services or speculative gambling.

Sheesh, Joe, get a grip already. Nobody is forced to use Bitcoin. If someone loses their shirt on Bitcoin, what's that to you? Grow up.

AMEN!
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