Humm … Bitcoin?
Okay, I’m gonna be honest with you and admit that I’ve barely figured out PayPal, so Bitcoin makes my head hurt. I read wiki about it and some stuff from the FBI. Basically, I know enough to know that I need to learn more about it if I ever decide to do illegal crap. Otherwise, knowing as much about it as I do about Chinese algebra will do just fine.
What got me interested was when I read this about Steve Stockman.
Rep. Steve Stockman, R-Texas, who is mounting an insurgent bid against Sen. John Cornyn, R-Texas, in the 2014 Texas Republican Senate primary, is now accepting the virtual currency known as Bitcoin for campaign donations, Business Insider reports.
Well, I figured he was accepting Confederate Dollars but I didn’t know about this bitcoin stuff.
And on the same day of Stockman’s announcement, there was this —
FBI claims largest Bitcoin seizure after arrest of alleged Silk Road founder.
Silk Road used Bitcoins to let users pay for drugs – but now police have arrested Ross William Ulbricht, who they say is ‘Dread Pirate Roberts’, the owner and operator of secret online marketplace.
Okay, think about it. This kinda explains his erratic behavior and that campaign headquarters/meth lab.
And, of course, Stockman says it’s about … wait for it … freedom.
“I really think digital currency’s more about freedom,” he explained in a YouTube video alongside Bitcoin Center founder Nick Spanos, a real estate developer. “Because all the time people are trying to get in your pocket, trying to do different things to control you. And if you have your own wealth, and control your own wealth, it’s about freedom, it’s not about anything other than that really. Freedom to choose what you do with your money, and freedom to keep your money without people influencing it by printing money or through regulation.”
Yeah, it’s not about ripping people off with a volatile currency. It’s not even about untraceable campaign donations. And it certainly isn’t about being able to track what Stockman spends that money on. It’s about freedom.
Thanks to everybody for the heads up.