US financial regulator: We could regulate Bitcoin “if we wanted”

Re:US financial regulator: We could regulate Bitcoin “if we ... by Tycho on Tuesday May 07, 2013 @12:45PM (#5669112)

The beautiful thing about BitCoin and governments is this 'dammed if they do, damned if they don't' dynamic. If they try to regulate Bitcoin, the legitimise it as a currency and invite the masses to use it, thus diminishing the power of their fiat currencies, which is what they were trying to avoid in the first place...

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Re:US financial regulator: We could regulate Bitcoin “if we ... by dublinben on Tuesday May 07, 2013 @12:49PM (#5669133)

Bitcoin is already pretty painful to use. I don't think regulating it would encourage use in any way. If anything, it would remove the primary reason most people have for using it, independence from the government.

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Re:US financial regulator: We could regulate Bitcoin “if we ... by w1ntermute on Tuesday May 07, 2013 @01:09PM (#5669289)

BTC isn't inherently painful to use. Things are improving a lot.

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Re:US financial regulator: We could regulate Bitcoin “if we ... by tocomment on Tuesday May 07, 2013 @01:37PM (#5669481)

How are things improving?

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Re:US financial regulator: We could regulate Bitcoin “if we ... by cynoclast on Tuesday May 07, 2013 @01:24PM (#5669400)

And fast.

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