>Banks are regulated by law and have the funds insured by FDIC. And following the train of logic, what prevents you from regulating a bitcoin bank? Crypto-cur

>Banks are regulated by law and have the funds insured by FDIC. And following the train of logic, what prevents you from regulating a bitcoin bank? Crypto-currency is kind of like cash. Yes, you're a fool to try and run an entire economy with cash, but that doesn't mean it should disappear!