Saturday, May 18, 2013
US Department of Homeland Security Seizes Bitcoin Operator Accounts
Bitcoin is a database called the "Blockchain" that is shared among users via P2P in place a central authority like a bank. When making a purchase you receive a payment address an amount. Put that information into your wallet and click "send." A miner then records the transaction and adds it to the Blockchain database so everyone can see the transaction.
US authorities have frozen the account of the world's largest Bitcoin exchange, which helps move the customers' cash online. The booming digital currency has hit bureaucratic blocks ever since its rapid growth came to the attention of government.
The US Department of Homeland Security seized a payment processing account Tuesday belonging to Mt. Gox, the largest international Bitcoin trader, claiming the monetary exchange service falsified financial documents.
The American government has previously made it clear that officials are watching Bitcoin, a decentralized economic currency that international regulators have not yet been able to control. Many of those who favor Bitcoin use Dwolla, an Iowa-based startup that allows customers to transfer their dollars into Bitcoins.
Unfortunately for those consumers, the Department of Homeland Security issued a warrant Tuesday effectively shutting down Dwolla's ability to process Bitcoin payments, as reported by CNET. Whether because of the DHS' charge of operating an "unlicensed money transmitting business," the sudden timing of the allegations, or another reason, Dwolla and Mt. Gox officials have been reluctant to comment.
"In order not to compromise this ongoing investigation being conducted by ICE Homeland Security Investigations Baltimore, we cannot comment beyond the information in warrant, which was filed in the District of Maryland [Tuesday]," said Nicole Navas, a representative for US Immigration and Customs Enforcement.
The warrant claims Mt. Gox CEO Mark Karpeles did not disclose he operated a financial transfer site when he opened a new bank account for the business. Money transmitting services, according to Gawker, are required to register with the Department of Treasury's Financial Crimes Enforcement Network (FinCen). Mt. Gox, which is involved in roughly 63 per cent of all Bitcoin purchases, has not done so.
Despite the technicalities skeptics are wondering if Bitcoin's friction with the Treasury department is the cause of this recent scrutiny. Senator Chuck Schumer (D-New York) said the anonymity afforded by the service provided an "online form of money laundering" and campaigned for its downfall.
"Literally, it allows buyers and users to sell illegal drugs online, including heroin, cocaine, and meth, and users do sell by hiding their identity through a program that makes them virtually untraceable," Schumer said during a 2011 news conference. "It's a certifiable one-stop shop for illegal drugs that represents the most brazen attempt to peddle drugs online that we have ever seen. It's more brazen than anything else by light years."
Most notably, proponents have asserted that Bitcoin would be impermeable in instances where WikiLeaks, for example, saw its funding evaporate as the federal government pressured PayPal to cut off the whistleblower site's support network. Bitcoin would be more resistant to a crackdown of that nature.
Jerry Brito, a scholar at the libertarian Mercatus Center at George Mason University, told the Washington Post Bitcoin could reduce the cost of financial services by pioneering new business formats.
"Bitcoin has the potential to be a boon to the economy and a boon to merchants," he said, adding that it could "disrupt traditional payment networks that have not been innovative for a very long time."
A blind governmental crackdown would only serve to push Bitcoin further underground, Brito argued.
"You can't put the genie back into the bottle," he continued. "I hate to say it, but the Bitcoin community needs to start lobbying. It needs to start educating policymakers, lobbyists and influencers about the pros of Bitcoin and the impossibility or the difficulty in getting rid of all the bad uses."
David Icke - Robotic Software People!
The future before us is forked. one way leads to terror, darkness and human misery. The other path leads to light, peace and prosperity. Of course humankind will choose the future of light. Right?
br />
David Icke is one of the most visible outspoken and controversial speakers and writers about the Illuminati and the New World Order control agenda
Some David Icke Quotes :
A gift of truth is the gift of love.
David Icke
And why do we, who say we oppose tyranny and demand freedom of speech, allow people to go to prison and be vilified, and magazines to be closed down on the spot, for suggesting another version of history.
David Icke
Everyone is a son or daughter of god.
David Icke
Have you ever wondered what your subconscious mind looks like? Well today, I can show you.
David Icke
I am a channel for the Christ spirit. The title was given to me very recently by the Godhead.
David Icke
I believe that the human race has developed a form of collective schizophrenia in which we are not only the slaves to this imposed thought behavior, but we are also the police force of it.
David Icke
I couldn't walk down any street in Britain without being laughed at. It was a nightmare. My children were devastated because their dad was a figure of ridicule.
David Icke
I know that you are part of me and I am part of you because we are all aspects of the same infinite consciousness that we call God and Creation.
David Icke
In the Atlantean period there were many energies being used and information and knowledge being used which were, for particular reasons of safety, withdrawn, shall we say, to prevent complete catastrophe, to prevent total destruction of your planet.
David Icke
Infinite love is the only truth. Everything else is illusion.
David Icke
One of my very greatest fears as a child was being ridiculed in public. And there it was coming true. As a television presenter, I'd been respected. People come up to you in the street and shake your hand and talk to you in a respectful way.
David Icke
So reports of my madness, as they say, were greatly exaggerated. Not that I give a bugger either way.
David Icke
The best way of removing negativity is to laugh and be joyous.
David Icke
The Earth needs rebels!
David Icke
The reason most people don't express their individuality and actually deny it, is not fear of what prime ministers think of us or the head of the federal reserve, It's what their families and their friends down at the bar are going to think of them.
David Icke
Today's mighty oak is just yesterday's nut, that held its ground.
David Icke
IRS Gives Laughable Defense - Glenn Beck
The radio show listens to the IRS hearings.
This week, we learned that the Obama Justice Department seized two months of records of at least 20 phone lines used by Associated Press reporters. These include phone lines in the AP’s New York, Washington and Hartford, Conn offices as well as the main AP number in the House of Representatives press gallery, the private phones and cell phones belonging to AP reporters and a fax line in one AP office. In many ways, this is the most blatant act of media information..
Bitcoin ~ The Next Revolution in Banking
The new virtual currency Bitcoin: You can't touch it; you can only spend it online or with a smart phone. But supporters of Bitcoin say it will revolutionise banking. And now some workers are even being paid with the new system. Al Jazeera's Rob Reynolds went to meet one man who's doing just that, and finds out how his salary has gone up ten-fold.
Fema's Mass Fatality Planning
"The truth of the matter is that you do have those standby provisions, and the statutory emergency plans are there whereby you could, in the name of stopping terrorism, apprehend, invoke the military, and arrest Americans and hold them in detention camps." - U.S. Representative Henry Gonzalez, Aug 29th, 1994
"Today, the New World Order has brought in hundreds of thousands of foreign troops into the United States, they have brought in thousands, if not hundreds of thousands of guillotines for executions, they have built a network of unused concentration camps across the U.S., they have built crematoriums next to these concentration camps, and yet most Americans appear to believe the lies of President Clinton and others." -Fritz Springmeier, "Bloodlines of the Illuminati" (note: Fritz Springmeier has been in prison since 11/13/03 after being framed)
Since the Reagan administration, REX-84 U.S. Civilian Inmate Labor program has been drawn up, implemented, and expanded in many ways. The military and police have been increasingly training together. The military has been running operations like "Urban Warrior" fully-armed in suburbia. 800+ FEMA detention centers (concentration camps) have already been built all over the United States and Halliburton's engineering subsidiary KBR is busy building more. These camps are complete with biometric scanners, barbed wire facing inwards, gas lines and furnaces, heli-pads, watchtowers, and security cameras. The few journalists who have filmed and reported on these have been observed by black helicopters and even approached and questioned by secret servicemen (see Google or you tube videos of "FEMA camps").
"The Civilian Inmate Labor Program was conducted in secret at US military bases from 1989 to 1996. This nightmare program was recently declassified. If Civilian Inmate Labor Programs are so wonderful, why did the Army keep them secret for over seven years? There are thousands of pages of documents on the Army's website detailing the massive scope of this program, much of which is still secret. Many of the documents are contradictory. For example, on the same page it will say that the Army is not allowed to house and use State inmate labor, and, in the next paragraph will say that they have been housing and using State inmate labor ...For years, we warned people about FEMA (Federal Emergency Management Agency). The federal documents have been around for decades and include round-up plans and concentration camps. People used to laugh at us when we said this in December of 1999. Then came Seattle. FEMA housed and protected government-placed 'anarchist' provocateurs, but put five hundred peaceful demonstrators in a FEMA camp on the outskirts of town. FEMA used the old Sand Point naval brig to detain hundreds of American citizens." -Alex Jones, "911 Descent into Tyranny"
"FEMA can force the population to live and work wherever they are told. People can be moved from their homes and have their property seized, including farms and businesses. Their children can be taken away from them and FEMA has the power to take over all communications, food and energy sources, health care, finance, education, welfare and transportation including your personal vehicles. The Postmaster General can order that all men, women and children are registered. It is also FEMA that controls the network of concentration camps, or 'detention centers,' in the United States that are in place and waiting for the dissidents and 'troublemakers' when the Illuminati fascist takeover is complete. Yes, concentration camps in America." -David Icke, "Alice in Wonderland and the World Trade Center" (199)