2012-12-08 motherboard.vice.com - The New Bitcoin Bank Defeats the Purpose of Bi

[julz]

The New Bitcoin Bank Defeats the Purpose of Bitcoin

Daniel Stuckey
2012-12-08

http://motherboard.vice.com/blog/bitcoin-bankers-want-to-steal-the-show

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Regulating bitcoin? Banking it? Issuing bank cards? Gaining 'attractivity' from second and third-round investors? It's a classic sell-out story cruising along under some shield of financial nerdery.
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To me it feels like these French dudes are bringing saltpeter to a rave. We'd call them "narcs" in another age. Efforts to cooperate with governing financial bodies signals nothing short of self-fascinated greed and far-reaching justification.
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