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Title: The bureaucratic cost of policing the Bitcoin economy Post by: dissipate on September 25, 2012, 06:32:53 PM One thing I realized when I read that the SEC may be going after Pirate and BTCST is that the bureaucratic cost of policing the Bitcoin economy is going to go up as more Ponzi schemes and other illicit activities are carried out using Bitcoin. As more and more cases end up on the desks of various local, state and federal law enforcement agencies that have something to do with Bitcoin activity, is it possible law enforcement at large will simply start ignoring such cases?
Title: Re: The bureaucratic cost of policing the Bitcoin economy Post by: Severian on September 25, 2012, 06:34:54 PM is it possible law enforcement at large will simply start ignoring such cases? I hope so. It might make fools stop giving their bitcoins to criminals and then whining about it later. |