3 ms·
You can say that about the gold market as well, no ? It takes you back a hundred years and you can corner and squeeze it.
by _k 15y ago
You can say that about the gold market as well, no ? It takes you back a hundred years and you can corner and squeeze it.
- JumpCrisscross 15y agoOr the silver markets [1]. Difference is the SEC doesn't protect Bitcoin exchanges [2]. Thus, while both roll back time in terms of the asset as a currency, only one rolls back the clock in terms of regulation. A loose analogy would be a cat-and-mouse game with primordial mice. [1] http://opinionator.blogs.nytimes.com/2011/03/02/a-conspiracy-with-a-silver-lining/ http://opinionator.blogs.nytimes.com/2011/03/02/a-conspiracy... [2] http://www.lextechnologiae.com/2011/06/26/why-bitcoin-isnt-a-security-under-federal-securities-law/ http://www.lextechnologiae.com/2011/06/26/why-bitcoin-isnt-a...