2013-05-18 PC World: Bitcoin Boosters Rally to Assure Congress of Currency Worth

[kiko]

http://www.pcworld.com/article/2039161/bitcoiners-rally-to-enlighten-washington.html

Washington's biggest problem when it comes to Bitcoin may just be that policymakers on the Hill don't know enough about it, yet.

That was the general consensus of a panel of legal experts speaking Saturday at a Silicon Valley conference devoted to the nascent digital currency.

[TraderTimm]

This is one time where policymakers being totally ignorant about the internet actually works FOR us.

By the time they try to "do" something, it will be hilariously too late - the network is too widespread now. Couldn't happen to a better group of bribed jackwads.

[btceic]

This is one time where policymakers being totally ignorant about the internet actually works FOR us.

By the time they try to "do" something, it will be hilariously too late - the network is too widespread now. Couldn't happen to a better group of bribed jackwads.

For BitCoin to go mainstream we unfortunatley must have their stinky hands in it.

Would you rather this be a tiny $1-3 Billion market as it is now or a $1 Trillion+ that it could be?

If you think "they" will let it get any bigger than it is now, without greasing the powers that be you have alot to learn.

[StarfishPrime]

This is one time where policymakers being totally ignorant about the internet actually works FOR us.

By the time they try to "do" something, it will be hilariously too late - the network is too widespread now. Couldn't happen to a better group of bribed jackwads.

+1

Yes it's already too late - the futility of the DHS action basically just highlighted that - the genie's already well out of the bottle. The venture capital community hasn't shown the slightest hesitation to invest millions despite recent the clumsy over-reaching attempts of the DHS to put the brakes on.