Jun 20, 2014 10:35 AM

Ban it all they like. Makes no difference to the currency and it's users.

Yes, YOU know that, and I know that, but what about the Gomer Pyle From Hell who thinks you are committing a "crime"?

Let him prove the crime or fuck off. If one is punished for a non crime it would not be by process of law but by force. Oh wait , they do that already :-( Clever individuals will still be able to trade the currency by avoiding scrutiny.

I want to note that "Bolivia's" Central Bank is a private central bank, not related to the other "Bolivia" "republic", the commercial zone. The desision was taken by the central monetary authority of Bolivia, not the government.

Can we say this is a "test" of the bankers, in the possibility of doing the same in a other central banks, Scott?

Yes. They want to see how long they can keep the public believing they have standing to even MAKE such policy.

If they get away with it for 2 or three years, they will try impose it elsewhere. It will become "normal", like ADULTS WITH AN IMAGINARY FRIEND is "perfectly normal" and Spot-Checks/Checkpoints are "Perfectly Normal"...

Why I am NOT surprised that they picked a historically BELIEVING jurisdiction (Catholic, and Inca voodoo-doodoo) to start the "test"? :/

One may not regulate what one did not create.

They sure can through ignorance

The ADMINISTRATORS of "El Banco Central de Bolivia" have the AUTHORITY to dictate POLICY for their institution which must be respected by their OFFICERS. Obviously if anyone ASSUMES they are an OFFICER for "El Banco Central de Bolivia" it's their fucking problem.

In other news, GM just Banned Honda, just saying.... :P

Most schools ban chewing gum but it still gets stuck under desks and sold at the store across the road.

The public needs to see the benefit of digital currencies before they will question this.

The public can only see the income tax return they receive as benefits, they think the government are giving them MONEY, when they pick up the check in the mailbox, they really think that the government gives them FREE money, they say: HEY, I "COLLECT" $2000 of income tax return, and when you ask them: Where it came from ? ....they don't know :-o

So, we are FAR from what you say, Beverly Berta Braakschmack :D

Fuck, I should have not thought about this, I am down, now :(

Don't let foolish people bring you down Pete! Remember... it's going to be biblical! (This is where Kent is expected to swoop in and capture our hearts and minds with one of his breathtaking pieces of art)

Once the value of decentralized digital currencies become apparent to the general population, this error by Bolivian fraudsters should correct itself, and by that I mean the men and women of Bolivia will have their fucking heads on pikes.

Thank you Doctor Barrett.

But doesn't the public realize that an "income tax return" is return on their own OVERPAYMENT? So nobody is giving them anything... Pete

The LEGAL currencies will have to get smashed, before Crypto-Currencies become APPARENT to fucktards, even then, I am not sure... :P

No they don't Beverly Berta Braakschmack.....THEY JUST DON'T FUCKING THINK.....period :(

The only thing we can be 100% sure about is the fall of fiat currency. They always fail eventually 100% of the time. You can literally bet on it and win every single time. We are due for another big monetary shift any day now.

"Gomer Pyle From Hell"... I laughed and laughed. :D