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Title: regulation Post by: doom309 on June 16, 2013, 03:11:07 AM http://www.cnbc.com/id/100815062
what are people's thoughts on this? Title: Re: regulation Post by: franky1 on June 16, 2013, 04:18:43 AM http://www.cnbc.com/id/100815062 what are people's thoughts on this? if you deal with fiat and dont deal with regulation expect your bank account to be frozen.. .. but..only deal with bitcoin. they cant touch you. fincen only care about fiat and bank accounts.. Title: Re: regulation Post by: QuestionAuthority on June 16, 2013, 04:53:44 AM "If and when it does get more regulated, which I think, personally, in the bitcoin world, we love regulation."
It's so nice to have people out in the real world that speak for us now. Title: Re: regulation Post by: franky1 on June 16, 2013, 05:00:07 AM "If and when it does get more regulated, which I think, personally, in the bitcoin world, we love regulation." It's so nice to have people out in the real world that speak for us now. lol let the banks regulate the fiat, and freeze accounts of child pornographers. leave the rest of us legit people to send bitcoins to each other without red tape. i cant wait to be fully free of a bank account, even if i dont have any worries of my accounts being frozen Title: Re: regulation Post by: abdada on June 16, 2013, 02:17:27 PM Regulations are fine for official business -- and probably even necessary.
But Bitcoin operates like cash does: it can be transacted legally ("white market") or illegally ("black market"). Bitcoin regulations will only cover the white market transactions. |