Ninjastic
PostEdited versionsQuotes to this post
Post
Topic
Board Bitcoin Discussion
Re: Lets get US Sen. Elizabeth Warren (D-MA) into Bitcoin
by
ruletheworld
on 17/07/2013, 23:38:11 UTC
Quote from: acoindr on July 17, 2013, 06:19:55 PM
Quote from: ruletheworld on July 17, 2013, 06:14:12 PM
The libertarians are going to hate it. She's all for better regulations. Remember that not every enemy of big banks will be a friend of Bitcoin. For some, this might appear worse. Of course, no harm trying Smiley I don't know how to get her attention though.

Some in the Bitcoin community are already in favor of regulation. Bitcoin is only a currency, a tool, and there are many ways to use it, just as there are many ways to use cash. Adding regulation doesn't change some of the core features Bitcoin has like the inflation limit and anonymity to those that take the time required to ensure it.
I agree, but I am pretty sure the anonymity part isn't going to sit well with her. It is also definitely harder to regulate, especially through her own agency. I see no good reason why she should be enthusiastic about Bitcoin given her agency wouldn't be able to regulate it on a practical level.