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Monday, March 16 • 11:00am - 12:00pm
Operation Choke Point and Alternative Currencies

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Can you imagine being denied a bank account just because some bureaucrat disapproves of your job? It could happen to you!
Launched in early 2013, “Operation Choke Point” is a joint effort by the Department of Justice (DOJ) and the bank regulators to limit access to the bank payments system by various businesses. Initially targeted at small-dollar nonbank lenders, Choke Point has grown to cover a variety of legitimate businesses that just happen to be unpopular with DOJ.
Since, in today’s economy, almost any economic activity depends on access to the payments system, allowing the DOJ to arbitrarily limit access represents an almost unprecedented abuse of power. Many targeted businesses and individuals are turning to digital currencies such as bitcoin and dogecoin in order to survive without access to the traditional banking system.
What can be done about Operation Choke Point, who is being targeted, and what implications does this hold for the future of digital currencies?

View official listing on sxsw.com

Speakers
PB

Perianne Boring

Founder & Pres, Chamber of Digital Commerce
Perianne M. Boring is the founder and President of the Chamber of Digital Commerce, the first U.S. based trade association dedicated to promoting bitcoin and digital assets to public-policy makers. Boring is a sought after speaker, and author of the "Boring Bitcoin Report", a popular... Read More →
MC

Mark Calabria

Dir of Financial Regulation Studies, Cato Institute
Mark A. Calabria is director of financial regulation studies at the Cato Institute. Before joining Cato in 2009, he spent six years as a member of the senior professional staff of the U.S. Senate Committee on Banking, Housing and Urban Affairs. In that position, Mark handled issues... Read More →
CR

Cathy Reisenwitz

Editor-In-Chief, Sex and the State (blog)
Cathy Reisenwitz is an Editor at Young Voices and a D.C.-based writer and political commentator. She is Editor-in-Chief of Sex and the State and a columnist at Townhall.com and writer for Bitcoin Magazine. Her writing has appeared in The Week, Forbes, the Chicago Tribune, The Daily... Read More →
AS

Ashe Schow

Opinion Writer, Washington Examiner
Ashe Schow is a columnist for the Washington Examiner and has written extensively about cryptocurrencies, Washington's obsession with them and what they can be used for. She's most acquainted with Dogecoin and the work its founders are doing to promote cryptocurrencies as fun as well... Read More →


Monday March 16, 2015 11:00am - 12:00pm
ACC Room 10AB Austin Convention Center