"Bitcoin Smashes Empires"... (Fixed) Full Article


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DATE: April 26, 2013, 2:55 p.m.

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  1. Bitcoin Smashes Empires
  2. by R.U. Phree
  3. 22 April 2013
  4. What follows is my response to a question that was posted on the Rugatu
  5. website asking, "What is the legal status of Bitcoin?"
  6. (http://www.rugatu.com/questions/16612/what-is-the-legal-status-of-bitcoin).
  7. After composing this over the course of 10 minutes or so, I realized I
  8. liked the response, and decided I want to "polish it up" into a better
  9. op-ed style article. Any feedback, positive or negative (though keep
  10. it constructive, please) is appreciated.
  11. ==========================================
  12. While it is true that the UNITED STATES (or, as I like to call it, the
  13. American Federal Empire) Treasury Department issued rules (or rather
  14. guidelines) regarding Bitcoin financial transactions, the fact is that
  15. Bitcoin is an international phenomenon… so, the joke is on the regulators.
  16. The American Federal Empire has no authority or power to regulate Bitcoin!
  17. Nor, for that matter, does any other "government".
  18. Sure, they can issue arbitrary decrees for anyone within the artificial
  19. lines drawn on a map over which they say they rule, but can they enforce?
  20. There is a reason this is called a "cryptocurrency", people. They may
  21. bring the hammer down on a person here or there, but their efforts are
  22. futile, especially if people take on the attitude that these criminal
  23. gangsters have no power or place here, and simply ignore their impotent
  24. decrees, as should be done.
  25. I, for one, will not comply with The Empire or their so-called "laws".
  26. Many, many others will also ignore this shriveling Empire which is
  27. withering away as we speak. The Empire's currency is weakening and
  28. within our lifetimes will break… that is why Bitcoin has taken hold as
  29. it has. When that break happens, The Empire will die…. plain and simple.
  30. Now, here is the big secret (which really isn't that secret)…. if you look
  31. into the history of the concept of Bitcoin, where the idea started and who
  32. the early phase 1 and phase 2 adopters are, you'll discover that the destruction
  33. of The Empire is the goal of these people, and a Bitcoin-like concept has
  34. always been seen as a tool to achieve that goal. The idea of Bitcoin came out
  35. of the crypto-anarchist Cypherpunk movement of the mid-90s, and the earliest
  36. adopters of the currency have largely been people in the "liberty movement"
  37. (libertarian, voluntarist and anarchist movement), especially participants
  38. in the Free State Project in New Hampshire (as evidenced by the fact that
  39. the largest concentration of Bitcoins held in any one geographic region has
  40. been reported to be New Hampshire).
  41. To sum it up, Bitcoin smashes empires…. that is what it was designed to do.
  42. The "legal status" of Bitcoin is irrelevant. These gangsters calling themselves
  43. "government" really don't get the Internet, and they certainly don't get
  44. Bitcoin. They don't understand that it is the doom of their power.
  45. They can write all the rules on paper that they want to. It will be
  46. meaningless. Magic scrolls only exist in Dungeons & Dragons games…. the
  47. decrees of these criminals have no such magic and should be treated as the
  48. impotent babblings of the ignorant that they are.
  49. ================================================
  50. EDIT: 4/22/13 8:05am
  51. I know this doesn't really answer the question, per se. But it does bring
  52. a different perspective to the question... one which is very present within
  53. the Bitcoin community. As such, it does in its own way, answer the question.
  54. It is also something of which those with a more mainstream view in the
  55. Bitcoin community need to be aware.... this digital coin that you love was
  56. designed to destroy The State that you worship. Sooner or later, you are going
  57. to have to make a decision as to which one you value more.

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