Quote:
Originally Posted by Paul
If Mt Gox had any sense they'd be scrambling to find a Chinese bank to do business with, the moment China showed their support for Bitcoin was the moment Bitcoin was doomed in the West.
Only a matter of time before pressure is applied by US on the remaining Bitcoin exchanges bank accounts and the price will go back down below $10
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it happened to e-gold a long time ago...this exact scenario...
icegold was e-golds mtgox...it was in lithuania if my memory serves me well...
it basically took a few phone calls from the US government to lithuanias finance minister and he basically offered icegold to retire or go to prison so they did....the end...
china,albania,nigeria it does not matter, any serious bank with half a brain will drop bitcoins like its the plague once they get a phone call from the central bank LOL...
banks have a tendency to keep their business licenses in order to keep being in business
