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People don't be short sighted on this problem, it's existed since the 90's. Our goverment is just as much to blame, people who regulate are tempted to taste the furit of wealth and that means the fox is already in the hen house. This problem won't disappear it just morphes into a smarter model. Got to keep DOD and CIA out of it. If you remember the flax of NYPD using a CIA consultant recently, then you get my point. This is the way of our world, we can change our monetary balances no different than china, we just have more venues. Have a good year
So many people have most of their money behind electronic 'barriers' and just don't realize the vulnerability.
This is nothing more than another round of scare tactics by the bureaucrats who would like to have more control over the internet. Under the false pretense of financial safety, the politicians would use their legislative powers to silence those who they disagree with. The internet is the great equalizer in political debate, allowing information to be spread quickly, political lies to be outed at record speed, and those pesky political skeletons to be exposed, and the pols do not like it one bit.
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