By Graham Smith Thanks to the EU’s most recent money laundering directive, a small business called Post-a-coin, which sold cute postcards pre-loaded with tiny amounts of bitcoin, is being forced to shut down. Meanwhile, the most heinous criminals in history are continuing to facilitate violence, trafficking and laundering of cash with impunity. Also Read: Why the Counter … [Read more...] about Unnecessary Evil: How Government Regulations Kill Crypto Startups and Encourage Crime
Graham Smith
Why the Counter Economy Is Necessary to Bitcoin’s Survival as a Disruptive Currency
By Graham Smith As Bitcoin is adopted by more and more traditional financial institutions, and becomes regulated by governments worldwide, the question of its survival as a truly disruptive alternative to legacy financial systems is raised. After all, if governments like Qatar’s can ban it, and international banking laws like AMLD5 can push bitcoin-friendly companies out of … [Read more...] about Why the Counter Economy Is Necessary to Bitcoin’s Survival as a Disruptive Currency
Tackling 7 Myths About Bitcoin for Beginners
By Graham Smith For those long involved in the crypto space, it’s easy to forget just how overwhelming and mystifying the world of bitcoin was when first encountered as a fresh-faced neophyte, unable to tell the difference between a bitcoin and a blockchain, or even what a private key was. In that interest, it stands to examine 7 common myths surrounding the permissionless … [Read more...] about Tackling 7 Myths About Bitcoin for Beginners
Activist Larken Rose Weighs In on Bitcoin, Anarchy, and the Importance of Permissionless Cash
By Graham Smith Though his latest project with partner and fellow activist Amanda Rose, Candles in the Dark, is a program helping people escape authoritarian programming through non-confrontational dialogue, there’s nothing meek and mild about Larken Rose’s stance when it comes to government. News.Bitcoin.com recently connected with the outspoken anarchist via Skype to talk … [Read more...] about Activist Larken Rose Weighs In on Bitcoin, Anarchy, and the Importance of Permissionless Cash
“We’re Going to Find You” — How Undercover Agents Trade Prison Time for Bitcoins
By Graham Smith An Australian national living in Boulder, Colorado was slammed with a one year and a day prison sentence last month for trading bitcoins. An August 23 statement from the Colorado U.S. District Attorney’s Office states that Emilio Testa, 32, was charged with money laundering, and claims Testa knew the funds he was acquiring had been used in narcotics deals. … [Read more...] about “We’re Going to Find You” — How Undercover Agents Trade Prison Time for Bitcoins