Bitcoin Forum
July 05, 2024, 01:38:10 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Poll
Question: If Bitcoin use continues to go up, how will central banks and governments react?
Make it illegal to use BTC at all - 0 (0%)
Make it illegal to buy/sell BTC for fiat currency - 5 (23.8%)
Regulate BTC in some other, less harsh way - 10 (47.6%)
Do nothing - 2 (9.5%)
Encourage the use of BTC - 4 (19%)
Total Voters: 21

Pages: « 1 [2]  All
  Print  
Author Topic: Financial regulation  (Read 884 times)
yucca
Full Member
***
Offline Offline

Activity: 217
Merit: 100



View Profile WWW
April 13, 2013, 01:59:12 AM
 #21

I don't see why it'd be regulated. It's basically cash of the internet. Why regulate cash?

I can see it being treated as gold and used to build a new publicly auditable Bretton Woods system on top of. I'm not certain of that, but it's a possibility.

RenegadeMind
Copper Member
Hero Member
*****
Offline Offline

Activity: 1380
Merit: 504


THINK IT, BUILD IT, PLAY IT! --- XAYA


View Profile WWW
April 13, 2013, 03:08:55 PM
 #22

Central banks and governments are the real "terrorists". They will use subterfuge to destroy rather than do it in the light of day. They are cowards. They cannot stand the light of truth, and their greed and criminality cannot be tolerated unless it is concealed.

No, bitcoin will only be attacked by stealth. Regulations will be subtle. Market manipulations will be similar to how JP Morgan manipulates silver, or how the Fed is shorting gold to prop up the USD.

I don't think they will win. By the time they catch on, it will be too late.

Pages: « 1 [2]  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!