Bitcoin is and should remain a decentralized currency not comtrolled by the government. So if there's regulation why do we even bother using Bitcoin? We can just use the official altcoin currently being developed by the government ( Canada )
Well... I partially agree with that. But will the politicians agree to make Bitcoin tax-free? I don't think so.
@bryant
It doesn't matter whether they agree to it or not...they can't do jack shit about it short of turning off the internet world wide - which they might find the technological ability to do but the consequence of doing so would be catastrophic to them as their entire power structure evaporates in an instant.
There's truly free and there's "free if they let me" free...and your comments show that you fall into the latter category. Bitcoin's founding principles though fall into the first one. As long as you're all about asking permission to daddy government to let you do something, or regulating it or any other concession, you don't "get" bitcoin or just how much potential is there as a disruptive technology.
This is a disruption that NEEDS to take place and will ultimately.
There is good reason why there's not been a full on revolution. Right now the governments pay off nazi enforcers and military and contractors to do their killing for them, even private citizens. Granted, a few thousand enforcers won't stop a hoard of millions but too many people have been conditioned to accept asking permission before they do anything in life so nobody's willing to step up and initiate a revolution because they'd end up being targeted and squelched.
The banks and the government have destroyed this country and weakened every other one, as other governments are just as corrupt.
The beauty of bitcoin and its real value is in its security and its ability to go viral in a rapid amount of time without ANY regulation or central authority, and that's why it's rapidly spreading worldwide by those who see its true strength: it doesn't matter whether politicians agree to it or not, it doesn't matter whether governments restrict it or not - they aren't able to ENFORCE it at the end of the day and will rely solely on people like you who comply out of fear or conditioning until such time as they recognize that freedom is a choice and choice changes this game entirely.
