Please dont regulate bitcoin and destroy it.

"REALLY worries me to see one of the core developers trying to get support for making blacklists a part of Bitcoin! If Mike wants a currency with blacklists he should go back to working on Google Wallet! I support censorship free currency, not one with authorities trying to freeze my funds!" -jedironpaul

"The road to hell is paved with good intentions. He's just trying to make Bitcoin better, but I'm not sure he realises just how flawed and dumb it is.
"He who sacrifices freedom for security deserves neither".
Since time immemorial we have wrestled with what is good and bad, and legal and illegal. It's not fucking black and white like Mike seems to think. If it was we wouldn't need courts, every circumstance is different." -ferretinjapan

from:

http://www.reddit.com/r/Bitcoin/comments/1awu5j/decentralized_crime_fighting_aka_blacklists_for/