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</o:shapelayout></xml><![endif]--></head><body bgcolor=white lang=EN-US link=blue vlink=purple><div class=WordSection1><p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri","sans-serif";color:#1F497D'><o:p> </o:p></span></p><p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri","sans-serif";color:#1F497D'><o:p> </o:p></span></p><div><div style='border:none;border-top:solid #B5C4DF 1.0pt;padding:3.0pt 0in 0in 0in'><p class=MsoNormal><b><span style='font-size:10.0pt;font-family:"Tahoma","sans-serif";color:windowtext'>From:</span></b><span style='font-size:10.0pt;font-family:"Tahoma","sans-serif";color:windowtext'> extropy-chat-bounces@lists.extropy.org [mailto:extropy-chat-bounces@lists.extropy.org] <b>On Behalf Of </b>Brent Allsop<br></span><b><span style='font-size:10.0pt;font-family:"Tahoma","sans-serif";color:#1F497D'>…</span></b><br><span style='color:#1F497D'>>…</span>Many People still think that Bitcoin is way more risky, so will stay in USD for way to long. But volatility does not equal risk. <span style='color:#1F497D'>…</span> Not smart.<br><br>Brent Allsop<br><br><br><span style='color:#1F497D'>Here’s a prediction for you. The US has a current government which has used the IRS as a means of punishing its political enemies (the Tea Party for example.) High ranking IRS officials lied about that under oath, but there were no consequences. If a move is made to make this practice illegal, then the value of bitcoins will go way up. <o:p></o:p></span></p><p class=MsoNormal><span style='color:#1F497D'><o:p> </o:p></span></p><p class=MsoNormal><span style='color:#1F497D'>Reasoning: the risk of bitcoin in the US is that the fed will call for an audit of anyone who is found in possession of them. In that way, they don’t need to pass an actual law against bitcoin or any other crypto-currency, but rather can use the far more open-ended IRS as an enforcement agency. If a specific law is passed which makes it illegal to use the IRS as a defacto law enforcement agency or as a political weapon, then most of the risk of bitcoin goes away and the value of bitcoins would shoot for the stars.<o:p></o:p></span></p><p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri","sans-serif";color:#1F497D'><o:p> </o:p></span></p><p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri","sans-serif";color:#1F497D'>spike<o:p></o:p></span></p></div></div><p class=MsoNormal><o:p> </o:p></p></div></body></html>