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Title: Regulating Bitcoin Will Be As Hard As Shutting Down the Pirate Bay Post by: fligen on November 15, 2013, 04:12:30 PM Bitcoin transactions cannot be regulated. Not talking about fiat. Fiat can be regulated because of the existing controls
Anyone thinking bitcoin transactions are inevitable are clueless Title: Re: Regulating Bitcoin Will Be As Hard As Shutting Down the Pirate Bay Post by: kokojie on November 15, 2013, 04:35:03 PM it'll be harder. TPB is semi-centralized
Title: Re: Regulating Bitcoin Will Be As Hard As Shutting Down the Pirate Bay Post by: lucaspm98 on November 15, 2013, 04:37:41 PM They may try, but it will be close to impossible. They can regulate it, but how can they stop us with vague threats and easy to get around restrictions?
Title: Re: Regulating Bitcoin Will Be As Hard As Shutting Down the Pirate Bay Post by: franky1 on November 15, 2013, 04:48:08 PM currently government only want to regulate the gateways between bitcoin and FIAT because government own FIAT, so ofcourse they should protect their property (remember fiat is an IOU, so its not actually owned by you, just lent to you).
as for bitcoin no one government SHOULD control bitcoin. but mike hearn (from what i have read) desires to make the U.S government part of the regulation of his proposed bitcoin protocol change, which makes redlisting within the client, part of bitcoin regulation. why oh why seek out the U.S as the people that need to be involved, was my first question, there are better countries with better financial sense out there to choose. EG switzerland.. and secondly does he not know what has made bitcoin popular in the first case.. no red tape, no buraucracy... the simple solution if any protocol changes do take place is to not upgrade the client to a version containing such code. allow the chain to fork and let mike hearn play around with his 0.1% populated protocol fork which we can name USGov coin. while we continue trading as normal on version 0.8 of bitcoin Title: Re: Regulating Bitcoin Will Be As Hard As Shutting Down the Pirate Bay Post by: IsaacGoldbourne on November 15, 2013, 04:54:25 PM currently government only want to regulate the gateways between bitcoin and FIAT because government own FIAT, so ofcourse they should protect their property (remember fiat is an IOU, so its not actually owned by you, just lent to you). This.as for bitcoin no one government SHOULD control bitcoin. but mike hearn (from what i have read) desires to make the U.S government part of the regulation of his proposed bitcoin protocol change, which makes redlisting within the client, part of bitcoin regulation. why oh why seek out the U.S as the people that need to be involved, was my first question, there are better countries with better financial sense out there to choose. EG switzerland.. and secondly does he not know what has made bitcoin popular in the first case.. no red tape, no buraucracy... the simple solution if any protocol changes do take place is to not upgrade the client to a version containing such code. allow the chain to fork and let mike hearn play around with his 0.1% populated protocol fork which we can name USGov coin. while we continue trading as normal on version 0.8 of bitcoin I will certainly not be going to FIATCoin |