Quote from: xf2_org on June 08, 2011, 10:22:04 AM

mtgox and other exchanges are actively working to be legal in as many countries as possible. That is a huge step forward for bitcoin.

I agree that legal exchanges within a given jurisdiction are a positive, especially since there are still technical issues with implementing a viable decentralized p2p exchange structure. However, money service businesses and Know-Your-Customer rules vary among jurisdictions globally and in many cases they are less restrictive than the MSB regulations in the US. Also, it is jumping the gun to classify a 'crypto math puzzle' as a financial instrument and to suggest regulatory oversight. IMHO, the permitted US-based bitcoin exchanges will eventually become a single point-of-failure. Exchangers in other jurisdictions will mitigate that regardless of KYC rules.

Quote from: xf2_org on June 08, 2011, 10:22:04 AM

So, I'll say it again: bitcoin is not the vehicle for your ideological cause. It is an ideology-neutral currency. Either you like the current technological implementation, or you don't.

I fail to see how maintaining the same features as a $100 bill is an ideological cause. Are you now opposed to people using $100 bills? I have no problems with the technological implementation because it can provide those features when structured correctly and safely.