Bitcoin Forum
April 21, 2019, 05:14:47 PM *
News: Latest Bitcoin Core release: 0.17.1 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: 2013-07-29 Don't Let Bitcoin Morph into Govcoin  (Read 505 times)
patricktim
Sr. Member
****
Offline Offline

Activity: 434
Merit: 250


View Profile
July 30, 2013, 07:09:36 AM
 #1

http://www.americanbanker.com/bankthink/do-not-let-bitcoin-morph-into-govcoin-1060955-1.html

Over-regulation tends to drive innovation to more lightly-regulated jurisdictions or underground where it thrives. And, this is even truer with the cryptographic bitcoin. Although not government's intention, a throttled and neutered bitcoin in the "official" economy would ultimately enhance its overall effectiveness via increased anonymizing measures and more robust decentralization.

1555866887
Hero Member
*
Offline Offline

Posts: 1555866887

View Profile Personal Message (Offline)

Ignore
1555866887
Reply with quote  #2

1555866887
Report to moderator
1555866887
Hero Member
*
Offline Offline

Posts: 1555866887

View Profile Personal Message (Offline)

Ignore
1555866887
Reply with quote  #2

1555866887
Report to moderator
1555866887
Hero Member
*
Offline Offline

Posts: 1555866887

View Profile Personal Message (Offline)

Ignore
1555866887
Reply with quote  #2

1555866887
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1555866887
Hero Member
*
Offline Offline

Posts: 1555866887

View Profile Personal Message (Offline)

Ignore
1555866887
Reply with quote  #2

1555866887
Report to moderator
1555866887
Hero Member
*
Offline Offline

Posts: 1555866887

View Profile Personal Message (Offline)

Ignore
1555866887
Reply with quote  #2

1555866887
Report to moderator
1555866887
Hero Member
*
Offline Offline

Posts: 1555866887

View Profile Personal Message (Offline)

Ignore
1555866887
Reply with quote  #2

1555866887
Report to moderator
marcus_of_augustus
Legendary
*
Offline Offline

Activity: 2870
Merit: 1129



View Profile
July 30, 2013, 11:44:49 AM
Last edit: July 30, 2013, 11:56:30 AM by marcus_of_augustus
 #2

The .govs are playing their hand, bitcoin is morphing ... a decentralised, open source software network is not going to play by incompatible rules from above, however it may adopt useful ones if they are advantageous for it to compete in the marketplace. The stakes are high so the many opportunities for unintended consequences to arbitrary rulings will have magnified outcomes. Step carefully when treading in foreign minefields?

Anybody know a good lawyer who can write C++?

Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!