Post
Topic
Board Bitcoin Discussion
Re: US BITCOIN REGULATION "FOR" or "AGAINST"
by
TheFootMan
on 28/06/2013, 17:57:20 UTC
Ultimately I would say i'm against regulations of any kind with bitcoin... but honestly i guess i would depend on the content and context of those regulations.  Not ALL regulations are bad things.

Regulations are most often created to do one of two things:
1) protect the public from unscrupulous actors
2) protect entrenched interest

So it depends.  Regulations written by lobbyists to promote a specific agenda should never exist, but they do.  Many core regulations like "a real estate agent needs a license" are important to protect the public.  I elected not to vote because the world is not as simple as the OPs poll indicates.

Wouldn't the free market work better. Those running good business would receive customers, and those exploiting customers would lose customers ?