2013-04-25 American Banker - Fincen's New Regulations Choking Bitcoin...

[kiko]

http://www.americanbanker.com/bankthink/fincen-regulations-choking-bitcoin-entrepreneurs-1058606-1.html?pg=1

Jon Matonis documents the recent victims of over-regulation and the banking system's cold-shoulder attitude towards exchanges.

More than a decade ago, regulators nearly suffocated PayPal. Now it looks like they’re trying to squelch another disruptive, innovative payments system.

[xcsler]

Here's a link to the interview with Bradley Jansen that Matonis references:
http://tinyurl.com/av7pmlr

Very interesting discussion.

[WilderedB]

My hope is that BTC thrives internationally, with or without America (or mt.gox for that matter)

If it gains enough traction then the US or any other country will have little choice but to accept it simply as a stateless currency and payment system.