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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
by Tycho 14y ago
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...
- dublinben 14y agoBitcoin 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.
- w1ntermute 14y agoBTC isn't inherently painful to use. Things are improving a lot.