Post
Topic
Board Bitcoin Discussion
Re: bitcoin is going to be ‘allowed to succeed’ but not for you
by
AzureEngineer
on 28/05/2013, 18:47:14 UTC
Too many Bitcoin startups don't know what they're doing and get shafted by financial regulations because of it. This isn't the government going after Bitcoin, this is the government going after illegal exchanges. If Paypal or Western Union get in on Bitcoin, they're going to succeed because they know what they're doing, not because there is some big conspiracy against other exchanges.

Bitcoin exchanges need to start hiring legal teams or they're going to continue to have FinCEN shove the long shaft of the law up their ass.