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Author Topic: [2014-11-09] CCN: The Regulators Want to Kill Bitcoin, one ATM at a time  (Read 1445 times)
botany (OP)
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November 10, 2014, 12:12:33 AM
 #1

The Regulators Want to Kill Bitcoin, one ATM at a time

https://www.cryptocoinsnews.com/regulators-want-kill-bitcoin-one-atm-time/


As Bitcoin businesses are forced to become compliant with financial regulations, they’re giving up anonymity, Venture Beat reports, and the Bitcoin community is not happy.
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November 10, 2014, 06:09:43 AM
 #2

Definitely need to push for compliance and alternatives than boycotting a certain companies atm machine.
It's a question of the policies that regulators set up that is making it hard right now to operate.
Hopefully regulations adapt in time to these pressures and allow the industry to innovate and grow.

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botany (OP)
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November 11, 2014, 04:40:05 PM
 #3

Hopefully, we get a bitcoin economy going and don't have any need for ATMs.  Smiley
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November 11, 2014, 06:45:45 PM
 #4

What did people actually expect to happen? Of course governments are going to not let people just launder money through them. Another reason why we need decentralized exchanges.
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