Bitcoin Foundation ordered to cease operations in California
 

Bitcoin Foundation Receives Cease And Desist Order From California.

"It's an odd development, since the Foundation doesn't actually perform any wire transfers."

Ok so USA does not want anyone to touch or even "talk about" bitcoins. Perhaps Bitcoins will be more successful in China or Russia or Kenya and the such?

http://www.forbes.com/sites/jonmaton...om-california/

http://www.computerworld.com/s/artic...al_ regulator

http://news.cnet.com/8301-1023_3-575...in-california/

"If Bitcoin Foundation was not the only recipient, then expect other companies to come forward in the days and weeks ahead."

http://venturebeat.com/2013/06/23/bi...in-california/

I think it'll turn into the same as most other "alternative" currencies.

"Land of the free" :helpme

I wonder what the Heritage Foundation think of this. They like "freedom of economy" but are they willing to risk their own power/income?

The only freedom left in most of the world, is the freedom to choose one of the alternatives the system have given you.

500000 types of consumer goods, but you can only use our money to buy it. And don't you even dare TRY to barter the goods.

cough cough* money laundering is not the same as "freedom" cough cough*

oh and wheres dirtyF so I can tell him I told him so :1orglaugh

There will always be money laundering, I cant say the same about "freedom"

If you use bitcoin then its no longer 'barter the goods'

Never said it was. It was two separate sentences.

Was about time :2 cents:

"BC are stronger than before!" :)))))))))

And down in price Bitcoin goes!

If they had anything on them they wouldn't be sending a C&D, they would be fined or locked up instead... :2 cents:

tell dirtyF what? go on? that a non-profit foundation that doesn't transact btc received a c&d from one of the worst run states in the country?

it was about time that california sent a c&d to a non-profit foundation operating in another state? right.

based on your saying over 2 years ago bitcoin was worthless and would never add up to much, i don't put any credence in your view.

exactly. a common-sense view.

it's california, i.e., it's a clusterfuck. the fact they targeted a non-profit foundation that does not transact btc is revealing.

moreover, re: btc specifically, it's an innovative tech achievement, it simly needs to align itself with the rules, just like with the fincen rulings.

cough cough cough cough

america has so much fucking bylaws and BS that if you call that much regulation freedom, then I'm the easter bunny :)

(or you haven't really experienced freedom yet)

Nothing will happen

My guess: the bitcoin foundation will move to another US state; until get a letter there too, then move in another state. If each state takes a month to figure and send the letter, they have 50 months, a few years of time, before to move to iceland or sant marteen island. Or north korea.

http://img.gawkerassets.com/img/18gm...g/k-bigpic.jpg

the foundation is not even in california, this story is more about the clusterfuck called california than about bitcoin.

this is a state that figured out its budget last year based on imaginary taxes from the, at the time, upcoming facebook ipo.

bitcoins are so convenient! WOW! look this north korean plastic lighter repair man accepts bitcoins in his street gutter card board box "shop"...dead rat kebap with every lighter free!

miss dirtyF and his WSO bullshit :1orglaugh

had to goog wso

"WSO" may stand for:
World Salvation Organisation World-Wide, political justice institution.
World Salvation Order World-Wide.
Waltham Symphony Orchestra in Waltham, Massachusetts, United States.
Washabo Airport (IATA code WSO) in Washabo, Suriname
Water Systems Optimization, an engineering firm based in the United States
Weapon Systems Officer (or weapon systems operator), a flight officer in the United States Air Force, United States Navy, or United States Marine Corps and in the British Royal Air Force.
West Sussex Opera in Chichester, West Sussex, United Kingdom
Wheeling Symphony Orchestra in Wheeling, West Virginia, United States
Wichita Symphony Orchestra in Wichita, Kansas, United States
Wiener Schule für Osteopathie in Vienna, Austria
Winnipeg Symphony Orchestra in Winnipeg, Manitoba, Canada
World Safety Organization
World Sikh Organization
World Sport Overnight, an Australian radio program on SEN 1116
Warrior Special Offers, WSO stands for Warrior Special Offers, which is a special section of the Warrior Forum where members can sell special offers to other WF subscribers.
White superficial onychomycosis, WSO stands for White Superficial Onychomycosis.


no wonder dirtyF isn't posting, he's busy with wso bullshit!

Lol it just crazy how people missing a common sense.So one individual entity shut another individual entity and sudden bitcoin which is worldwide entity is closed.Even if bitcoin in Usa is officially outlawed,it mean shit,as bitcoin is not usa based,nor it's centralized system.

KlenTelaris, ya that's why so many dumbfucks here.

USA really got them by the balls, lots of zombie brainwashed dumb asses in these BTC threads, it's really funny (but also sad)

America, I really love my country, but really sucks to see our governments really take advantage of that term "Land of the Free" :(

so the foundation does no money transfers, but gets a cease and desist order to stop money transfers?

government fuck up or oppression? cause this really looks like a misuse of legal channels for oppression

The reason, IMHO they got a C&D is because so many idiots on the BTC forums are telling new businesses to become foundation members thinking that offers some kind of 'protection' against scams.

There are countless threads on the main BTC boards by moderators and admins telling people 'get signed up with the BF' to show people you are legit... Its stupid.

I can see the potential why some idiot in California would have C&D's the foundation for that reason along, confusing it with something that *actually* mattered on the grand scheme of things.

Oh and for the record, I'm the foundation DOES to wire transfers of BTC because that is how they want their 'membership dues' and foundation donations to be paid.

Funny as the opposite now: you have a legit business? join the bitcoin foundation and you become illegal :)

:2 cents:

Ok so bitcoins being "seized" like US dollars...

Users Bitcoins Seized by DEA:
http://letstalkbitcoin.com/post/5370...-seized-by-dea

From official doc:
http://www.forfeiture.gov/pdf/DEA/Of...tification.pdf

The Drug Enforcement Administration (DEA), U.S. Department of Justice, gives notice that the property listed below was seized for forfeiture pursuant to 21 U.S.C. § 881, because the property was used or acquired as a result of a violation of the Controlled Substances Act (21 U.S.C. §§ 801 et seq.):

DISTRICT OF SOUTH CAROLINA
13-DEA-581051, 11.02 Bitcoins, Acct.#1ETDwGUC1QcjYuehFr3u1FD3MvDaUs7SFy,
VL: $814.22 which was seized in Charleston, SC from Eric Daniel Hughes AKA Casey Jones on April 12, 2013

http://blockchain.info/address/1ETDw...1FD3MvDaUs7SFy

So DEA got own bitcoin account - and empties your bitcoin wallet after they seized the your pc and/or tortured you to get the password :)

More likely to be a sting where they accept money in return for something illegal, and do not return the money.

Let the fascists reveal themselves.
Let them paint the cross-hairs on their own foreheads.

Its hit or miss.