So bitcoin is:
IRS: Property
CFTC: Commodity
Judge: Currency
SEC: Security
TSA: Cash
basically in the USA they have no idea what bitcoin is, also in Australia they want to tax it and in europe it's free of VAT
how we can think even once that bitcoin can be used more if no one have the slightest clue how to categorize bitcoin
they should come up with a new rule for cryptocurrency, would be the best solution
Your post got me to a thinkin'. What better way to compress Bitcoin than to have the various states/nations regulate it differently so to keep the ideal in a state of flux? The cost to any powers that be would be minimal to implementing such a plan oppose to conducting some sort of conventional global blitzkrieg to thwart Bitcoin. Instead of
them playin' Whac-A-Mole,
they simply allow us full use of the mallet to play as
they shift regulations if or when need be. Genius!