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As long as there is cash, there will be a way to get bitcoins outside of an exchange and outside of any regulation. Even if this were not the case, the more re
by 300bps 13y ago
As long as there is cash, there will be a way to get bitcoins outside of an exchange and outside of any regulation.
Even if this were not the case, the more regulation added to bitcoins, the more people move to alternative crypto currencies. I don't see people seeking to regulate litecoin, dogecoin, coinye, etc.
- kamkazemoose 13y agoI imagine most regulation to bitcoin would be more vague and instead be written to apply to all cryptocurrencies. People aren't calling for the regulation of other cryptocurrencies mostly because they don't have the same kind of usage and economy surrounding them that bitcoin has. If people start trading coinye in the same way and it reaches similar volumes as bitcoin, you'll see the same sort of talk. It just makes more sense to treat cryptocurrencies the same under the law, unless there is something about a particular one that made it most different than all the other current variations.
- smtddr 13y agoWhen I hear the general media talk about "bitcoin", I assume they actually mean all crypto-coins unless they cleary indicate they're talking about a particular coin. Like when my parents refer to all videogames as "Nintendo".