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Author Topic: 2013-09-04 UK Policy makers discuss bitcoin regulation at 10 Downing St  (Read 3884 times)
bitkoof
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September 04, 2013, 03:16:43 PM
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"The potential regulation of UK bitcoin companies was discussed at a meeting this morning at the government’s headquarters, 10 Downing Street.

Hosted by the Number 10 Policy Unit, the Financial Innovators Summit was attended by a number of financial technology companies, UK regulators and government members."

http://www.coindesk.com/uk-policy-makers-discuss-bitcoin-regulation-at-10-downing-street/
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Carlton Banks
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September 04, 2013, 03:35:46 PM
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Interesting that this story is possible, Bitcoin Foundation in the US met regulators in Washington, but not at the White House. Proposed "Downing Street meetings" will be closely monitored to avoid media stories and headlines that do not correspond to the overall UK government rhetoric. If they are hostile to Bitcoin at all, the meeting wouldn't have taken place, especially not in a way that could be advertised to have happened at Downing Street.

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TraderTimm
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September 04, 2013, 11:33:15 PM
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I find it very interesting that Bitcoin is getting discussed in some of the highest offices around the world. I'd love to relax and say things are "okay", and be cautiously optimistic, but then again... the other side is waiting for the hammer to come down.

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September 05, 2013, 12:05:56 AM
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I find it very interesting that Bitcoin is getting discussed in some of the highest offices around the world. I'd love to relax and say things are "okay", and be cautiously optimistic, but then again... the other side is waiting for the hammer to come down.

Well, the worst this can be portrayed is as the UK government trying to appear like they're "not out of touch", and "engaging in action", when they're actually just associating it with the upper echelons to help kick the can down the road for a while longer ("the wheels of justice turn slowly"). It's not what I would have expected really, as per my above comment. Possible machiavellan motive that is escaping me, but this seems a high stakes way to approach a crackdown. After all, we're only using Bitcoin to hide the fact we're a bunch of cocaine smoking, child abusing, terrorist, ethnic hatred inciting contract killers. And rioters. Can't forget rioters  Grin

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