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Re:Bitcoin Central Licensed as Bank by pkulak on Friday December 07, 2012 @02:14PM (#4888673)
> The rest of us will continue using Bitcoin through Tor and i2p, keeping our money safe and anonymous.

Good for you. But you can already buy drugs with bitcoin. That problem has been solved; for a while now. What's not solved is being able to use it for everything else. That's only going to happen with more legitimacy and general use.

Re:Bitcoin Central Licensed as Bank by apeace on Friday December 07, 2012 @02:37PM (#4888823)
I disagree that joining with traditional banks and government regulators is the only way for Bitcoin to go mainstream.

The government regulators are the ones who cause fees, delays, or spying on international transfers. Bitcoin has solved this problem, and international transfers can be done just as easily and quickly as any other transaction.

At some point this is sure to change for Bitcoin Central customers, as the government starts making decisions about how Bitcoin transactions should be handled.

Again, I'm not complaining of a detriment to myself or anyone else. I just don't see the point.

Perhaps calling it a "huge step backwards" was misguided. What I meant by that was, if I were a customer of Bitcoin Central it would feel like a huge step backwards for me, and if the general Bitcoin community went this direction it would feel like a huge step backwards.

EDIT: grammar