NOT Wanted : A Bitcoin Regulator

[LanYu]

Today, there was an article in the Wall Street Journal entitled Wanted : A Bitcoin Regulator.

It seems to me that these events are an occasion for the government to step in and wield control over the Bitcoin network. I personally feel that if you were unfortunately stupid enough to leave any majority of your bitcoins on MT Gox, that they were better off to part ways with you. I say, cut your losses, and return to your day jobs, and please, don't go crying to your nanny state to clean up your mess.

Best Regards

[1714892511]

1714892511

[1714892511]

1714892511

[1714892511]

1714892511

[1714892511]

1714892511

[1714892511]

1714892511

[1714892511]

1714892511

[wobber]

We have regulators: exchanges and partner banks.

KYC, AML, limited withdrawal, forms, IDs, frozen accounts, frozen bank accounts etc.

Regards.

[seleme]

Bring regulations on, tomorrow as far as I am concerned.

If you think Bitcoiners would be left free forever to make millions and with scam, theft, hack and so cases happening regularly, then you are living in fucking cuckooland.

As long as you don't have enough war planes to fight for lack of regulation, then be ready for it soon.

[theonewhowaskazu]

I'm not encouraging a Bitcoin regulator, but if some countries (including the US or whoever, I don't discriminate) tried to regulate exchanges within their borders then that's fine by me. The problem would be if they tried to regulate bitcoin itself, i.e, bitcoins independent of fiat-exchange, and exchanges outside their borders.