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A comment on US financial regulator: We could regulate Bitcoin “if we wanted”. Parent comment

Re:US financial regulator: We could regulate Bitcoin “if we ... by w1ntermute on Tuesday May 07, 2013 @01:10PM (#5669297)
A fundamental advantage of BTC is that it's supposed to be free of government regulation or other forms of centralized control. The correct response to this is to (be absolutely sure that the government can't regulate it, and then) just ignore whatever the government says.
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Re:US financial regulator: We could regulate Bitcoin “if we ... by Nursie on Tuesday May 07, 2013 @01:17PM (#5669341)
This works fine until real-world businesses start being shut down for accepting it.

Not saying this will happen, but a determined government could easily put a huge dent in bitcoin usage.

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Re:US financial regulator: We could regulate Bitcoin “if we ... by iaw on Tuesday May 07, 2013 @01:52PM (#5669584)
More realistically what would happen is that the government would start imposing huge fines and tracking down those that evade them (such as tax cheats, except easier because tax cheaters are smarter than the average BTC user at fooling government regulators).
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