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PROTECT IP Act Breaks The Internet on Vimeo

thanks for adding this one! I'll add it to my tree about online freedom. by p45c4l Oct 27

Will this ultimately effect Bitcoin also! by electronics Oct 27

Oh yeah, its going to impact BitCoin!!! in a big way!!!

Many internet users in the United States have watched with horror as countries like France and Britain have proposed or instituted so-called “three strikes” laws, which cut off internet access to those accused of repeated acts of copyright infringement. Now the U.S. has its own version of this kind of law, and it is arguably much worse: the Stop Online Piracy Act, introduced in the House this week, would give governments and private corporations unprecedented powers to remove websites from the internet on the flimsiest of grounds, and would force internet service providers to play the role of copyright police. To recap a bit of history, the Stop Online Piracy Act or SOPA is the House version of a previous bill proposed by the Senate, which was known as the PROTECT-IP Act (a name that was an abbreviation for “Preventing Real Online Threats to Economic Creativity and Theft of Intellectual Property”). http://gigaom.com/2011/10/27/looks-like-congress-has-declared-war-on-the-internet/

This law looks set to cause BitCoin some real headaches--maybe even BitCoin being banned/blocked totally from the internet unless big brother can take a look at what BitCoin is doing :X

"Would require that payment companies like PayPal and ad networks comply with these orders. If you liked what PayPal and others did when they shut off donations to WikiLeaks, youre going to love the new Stop Online Piracy Act." by electronics Oct 29

In a March 18, 2011 press release regarding the Liberty Dollar case, the FBI admitted to waging a secret war against any private currency system that competes against the US Dollar. In the press release, the FBI equates the use of sound money to an act of domestic terrorism. The FBI states that it uses methods of infiltration and disruption against private citizens engaged in the use of voluntary currencies. The FBI writes: “Attempts to undermine the legitimate currency of this country [ie. unconstitutional Federal Reserve notes] are simply a unique form of domestic terrorism,” U.S. Attorney Tompkins said in announcing the verdict. http://www.libertariannews.org/2011/08/30/bitcoin-fbi-admits-to-engaging-in-infiltration-disruption-and-dismantling-of-competing-currencies/

Bitcoin: FBI Admits To Engaging In Infiltration, Disruption and Dismantling of Competing Currencies | Libertarian News

Oh fuck, Calicanis is on the bitcoin-promotion train now. Now here's a note to the other bitcoin article-spammers. Watch Calcianis and learn. He's done everything right for memetically engineering the kind of article that gets upvoted.

Hacker News | Is Bitcoin the most dangerous open source project ever?

http://news.ycombinator.com/item?id=2550877
A month ago I heard folks talking online about a virtual currency called bitcoin that is untraceable and un-hackable. Folks were using it to buy and sell drugs online, support content they liked and worst of all -- gasp! -- play poker. Bitcoin is a P2P currency that could topple governments, destabilize economies and create uncontrollable global bazaars for contraband. I sent the 30 or so producers of my show This Week in Startups out to research the top players, and we did a show on Bitcoin on May 10. Since that time the number of bitcoin stories has surged. http://www.launch.co/blog/l019-bitcoin-p2p-currency-the-most-dangerous-project-weve-ev.html

L019: Bitcoin P2P Currency: The Most Dangerous Project We've Ever Seen - Launch -