Quote from: Rassah on September 21, 2013, 06:41:21 PM

Quote from: rangerbob21 on September 20, 2013, 07:11:49 PM

I use BTC daily but when I talk about it one of the first questions is "is that legal?"

That's really sad that so many people seem to believe that they are only allowed to do what government tells them is OK Sad

Even if we don't agree with what the government does or allows, it is sometimes best to comply in order to avoid the repercussions that can come if we don't.

That said, I would have way more BTC if I had not been concerned about government regulations. My husband mentioned BTC to me about a year and half ago and we thought we should wait to buy some. We did not want to be tied to nefarious activities, such as money laundering, drugs etc. Sure BTC is supposedly anonymous but I guess there are ways for the government to track some things for sure. When we heard that there was going to be some regulations put into place we decided to buy, right at the start of the huge increase in April. Unfortunately we did not get much coin at a low price. I guess in our case it is a bit sad that we were victims to fear of the government we are under. Our freedoms do not feel so "free" sometimes. But the problem is that we have to weigh the risks of going against the government and decide what it is worth to us.