It could be good because it adds legitimacy to Bitcoin. I mean, if you know nothing about it Bitcoin itself, but it's at least legit enough to be recognized and regulated by your Securities and Exchange Commission, wouldn't you think it's okay to get involved? Let's just hope they regulate in moderation. It's better than a ban either way.


Lol true but it looks like the guy still wields a fair amount of influence, being the chairman of the TFA and all.