US BITCOIN REGULATION "FOR" or "AGAINST"

[BCB]

Please vote and state your home country, and your opinion "for" or "against" US bitcoin regulation here.

 

[BCB]

RESERVED

[kokjo]

I vote: Make bitcoin illegal is the US.
home country: Denmark
Reason: 4 TEH LULZ, the rest of the world needs a good laughs.

[threeip]

USA - regulation should be in the hands of the people, always.

[legitnick]

Please vote and state your home country, and your opinion "for" or "against" US bitcoin regulation here.

 

From the United states and definitly against United States Bitcoin regulation.

[BCB]

Please also VOTE above.

Thanks!

[Elwar]

Please sir may I have another!

[franky1]

US cant/wont regulate bitcoin. please read the other dozen threads on the matter. all the US government can control are the gateways in and out of bitcoin and US Dollar. because they can only control the dollar side.

if i opened a UK Pound exchange for Euro's - US government cant touch me
if i opened a UK Pound exchange for bitcoins's - US government cant touch me

the US can only control the US dollar touching exchanges.

now relax, chill out and realise that even a nuclear bomb can't stop bitcoin.

[legitnick]

United States will never ban bitcoin because no one will listen! That would be like prohibition all over again.

Doubt the government wants to fight another loosing war of prohibition.

[Ex0deus]

regulation can mean a lot of things.
I'm not for regulations that the US bitcoin community doesn't support.
perhaps some regulations in bitcoin could be a helpful thing in protecting a party from theft.

Ultimately I would say i'm against regulations of any kind with bitcoin... but honestly i guess i would
depend on the content and context of those regulations.
Not ALL regulations are bad things.
I guess it just depends on who's doing the regulating

[psiborg]

United States will never ban bitcoin because no one will listen! That would be like prohibition all over again.

Doubt the government wants to fight another loosing war of prohibition.

What are you talking about? Government is all about fighting losing wars.

ps. I DONT VOTE.

[franky1]

regulation can mean a lot of things.
I'm not for regulations that the US bitcoin community doesn't support.
perhaps some regulations in bitcoin could be a helpful thing in protecting a party from theft.

Ultimately I would say i'm against regulations of any kind with bitcoin... but honestly i guess i would
depend on the content and context of those regulations.
Not ALL regulations are bad things.
I guess it just depends on who's doing the regulating

maybe adopting a moral compass and basic bitcoin security tutorials would do the bitcoin more benefits then allowing government control. that way each person self regulates by voting with their feet when they see a dodgy exchange hidden behind tor IP's and go-daddy registration information. and where the CEO of an exchange never makes himself publicly known

[zveda2000]

Australia, against.

[marhjan]

USA

F regulations...  all of them

[Viceroy]

Ultimately I would say i'm against regulations of any kind with bitcoin... but honestly i guess i would depend on the content and context of those regulations.  Not ALL regulations are bad things.

Regulations are most often created to do one of two things:
1) protect the public from unscrupulous actors
2) protect entrenched interest

So it depends.  Regulations written by lobbyists to promote a specific agenda should never exist, but they do.  Many core regulations like "a real estate agent needs a license" are important to protect the public.  I elected not to vote because the world is not as simple as the OPs poll indicates.

[SaltySpitoon]

U.S, against

US cant/wont regulate bitcoin. please read the other dozen threads on the matter. all the US government can control are the gateways in and out of bitcoin and US Dollar. because they can only control the dollar side.

if i opened a UK Pound exchange for Euro's - US government cant touch me
if i opened a UK Pound exchange for bitcoins's - US government cant touch me

the US can only control the US dollar touching exchanges.

now relax, chill out and realise that even a nuclear bomb can't stop bitcoin.

How about mass power outages?  

Serious question though, doesn't the U.S gov have some sort of legal "power" to interfere with your exchange if U.S citizens are using it whether its in Euros, Pounds, or pebbles? I mean, I'd love to see all exchanges get around U.S intervention by just making everyone trade in BTC > Euro. If that was the case, I believe I'd be holding more euros than USD. I'm just worried that all BTC exchanges and such will blacklist all U.S members so they can stay operational.

[TheFootMan]

Ultimately I would say i'm against regulations of any kind with bitcoin... but honestly i guess i would depend on the content and context of those regulations.  Not ALL regulations are bad things.

Regulations are most often created to do one of two things:
1) protect the public from unscrupulous actors
2) protect entrenched interest

So it depends.  Regulations written by lobbyists to promote a specific agenda should never exist, but they do.  Many core regulations like "a real estate agent needs a license" are important to protect the public.  I elected not to vote because the world is not as simple as the OPs poll indicates.

Wouldn't the free market work better. Those running good business would receive customers, and those exploiting customers would lose customers ?

[Viceroy]

Serious question though, doesn't the U.S gov have some sort of legal "power" to interfere with your exchange if U.S citizens are using it whether its in Euros, Pounds, or pebbles?

Not only the power but the obligation.  If you want to exchange a stored value commodity with the American public you need to raise at least $20 million in assets to get through the commerce department requirements alone.  Exchanging commodities with the public through an exchange is a highly regulated activity specifically because of C. Ponzi and his scheme.

No, the free market brought the Ponzi scheme.  We need protection against that type of bad actor.

[franky1]

U.S, against

US cant/wont regulate bitcoin. please read the other dozen threads on the matter. all the US government can control are the gateways in and out of bitcoin and US Dollar. because they can only control the dollar side.

if i opened a UK Pound exchange for Euro's - US government cant touch me
if i opened a UK Pound exchange for bitcoins's - US government cant touch me

the US can only control the US dollar touching exchanges.

now relax, chill out and realise that even a nuclear bomb can't stop bitcoin.

How about mass power outages?  

Serious question though, doesn't the U.S gov have some sort of legal "power" to interfere with your exchange if U.S citizens are using it whether its in Euros, Pounds, or pebbles? I mean, I'd love to see all exchanges get around U.S intervention by just making everyone trade in BTC > Euro. If that was the case, I believe I'd be holding more euros than USD.

ok ismeal lets take this on..

saving all the long waffle i normally write:
only if they can show that US dollars were converted into the funds held on the exchange.

i personally dont mind US government regulating exchanges that deal with FIAT.. as long as they dont try regulating bitcoin itself. because fiat is government property. bitcoin is not

[mco65]

US
and
REGULATION

have never ever done well together...