Quote from: groll on July 05, 2016, 11:43:33 PM

Quote from: The Pharmacist on July 05, 2016, 08:30:23 PM

I think everyone should use bitcoin, regardless of political boundaries. It's what ties everyone together, from me to some shithead scammer living in a dirt floor whorehouse in Africa. This is what I like. Governments should stay the fuck out.

Government should allow its citizens to own an use bitcoin. But government should also have a great role to play on the bitcoin transactions. Like fiat currency it should be regulated to foresee that it is not feeding illegal activities. There's no reason why we should be afraid of governtmeans having a say on bitcoins if we are not criminals or doing illegal activities then we are safe.

lol. there is a massive difference to the utopia dream of a government getting off their arses and stopping crime.. vs the reality of limiting legitmate uses and limiting normal peoples desires. in a way that it scares criminals from using it so that the government dont have to do anything..

if you understood what regulations involved, you would understand the governments dont do much/any legwork and instead 99% of the work is down to the MSB doing everything.

the current AML guidelines are a laughing stock. the regulatory guidelines are only 2% consumer protection and only 2% stopping actual crimes and 96% pissing off legitimate users for no reason at all but to give data to the IRS/HMRC so they can tax people