[2016-04-25] The United States Is Falling Behind in Bitcoin Regulation

[tyz]

The United States Is Falling Behind in Bitcoin Regulation

Lawmakers and regulators in the United States could be doing a much better job attracting innovative fintech startups to the country, Coin Center Executive Director Jerry Brito said at a recent cryptocurrency-focused event hosted by the Cato Institute.

https://bitcoinmagazine.com/articles/the-united-states-is-falling-behind-in-bitcoin-regulation-1461604211

[hv_]

The United States Is Falling Behind in Bitcoin Regulation

Lawmakers and regulators in the United States could be doing a much better job attracting innovative fintech startups to the country, Coin Center Executive Director Jerry Brito said at a recent cryptocurrency-focused event hosted by the Cato Institute.

https://bitcoinmagazine.com/articles/the-united-states-is-falling-behind-in-bitcoin-regulation-1461604211

Oh sh..t, next thing falling behind sth... Rush, get the TTIP done ....

 

[Kprawn]

It is not uncommon for governments to be behind new innovative technologies and with the bad reputation associated with Bitcoin and the consumer protection issues, I would also have taken a

cautious approach. The technology in itself is also very technical for the average non-technical generation that make up most of the senate and top government positions. You also have to take

inconsideration the shilling being done by some financial institutions that most probably funded their campaigns and what disruptive technology Bitcoin can be to their future. 

[BellaBitBit]

I am not surprised by this.  The US gov really doesn't want bitcoin to take over their fiat system.