Invalid by what logic? Do you always present your learned arguments by "B" sci-fi movie characterizations?

Why do you think FinCen was not only forced, but absolutely obligated to deal Bitcoin a strict "hands off" for their TBTF masters?

The answer to that goes back to Brooksely Barnes and the CFTC.

Any legislation or regulatory rumblings in any way or manner affecting their sacred, secret back-counter Derivative Swaps is like showing a "blessed, holy cross" to these vampires, you silly!

If a precedent be established whereby regulators could regulate the Bitcoin Credit-Swap OTC market, then they could also regulate and require disclosures of actual, secret, "over the (back) counter" Credit Swaps that the investment banksters use to insider-trade and swap losses for their swap-alternating short/long positions to fix prices (and concertedly rob markets) with, to keep cyclically swap-neutralized short-selling losses off of their books.


Unless the DHS Gestapo have a hankering to become relics of the past in a big hurry, they'd better just drop this half-assed, half-baked fishing expedition!  LOL