Quote from: Patel on February 09, 2015, 06:29:36 AM

Quote from: justusranvier on February 08, 2015, 10:39:14 PM

Who controls bitcoin?

He is biased on this statement: "Therefore, Bitcoin is not likely to be upgraded in ways which make it easier to regulate because that would decrease the value of the coins. Bitcoin might be upgraded in ways that make it more anonymous because a more anonymous coin would likely be more valuable."

Some would argue that regulation would increase value of coins, and anonymity would decrease value of coins. If this happened, the state would actually try to crush Bitcoin, and institutional money would be rushing to get out.

Either way it needs regulation or the state can say we will impose harsh penalty to anyone accepting bitcoin blah blah.. Making it underground. With proper regulation incentives are there for politicians to get in now.. Buy before laws change and make money.. Its greed again and wont change. The other side is once regulated we play by their rules again and they may change just like that so we gave up annonymity for nothing...