Post
Topic
Board Bitcoin Discussion
Re: Wait...Does the March 18th finCen legislation make it illegal to trade bitcoins?
by
morningtime
on 15/05/2013, 20:11:08 UTC
still. even if it only applies to miners in the united states, isn't that a big deal? Am I the only one that thinks so? I almost fell out of my seat when I read that.

It's a very big deal. It's basically the end of Bitcoin-to-USD-and-back. You will need an official -centralized- company to handle your Bitcoins from now on. My guess is that no company in the US will be able to do the paperwork for Bitcoin. So that's that: the end of Bitcoin in the US.