the problem is largely allowing chinese nationals to extract hard currency past PRC capital controls (any electricity you burn is converted to BTC, and it's eas

the problem is largely allowing chinese nationals to extract hard currency past PRC capital controls (any electricity you burn is converted to BTC, and it's easy to bribe a local official to ignore it) and a side of russian mafia transactions (cryptolocker/etc) there really aren't any significant (legal) north american/european transactions that occur in BTC