Quote from: dmartig on December 06, 2013, 03:27:04 AM

Quote from: marketermac on December 05, 2013, 07:07:22 PM

Quote from: kireinaha on December 05, 2013, 06:53:55 PM

They clearly recognize the potential of Bitcoin as an upcoming ecommerce payment system or a store of value, and as a bank, of course they're interested in the potential, because people are going to need to convert money between Bitcoin/USD.

Hopefully their involvement also brings their lobbyists to keep strict regulation and laws away from the profits they'll be pulling in with BTC..they benefit we all benefit I'm guessing.

this is naive. if they bring their lobbyists they will do what all fascists do. it is called regulatory capture. all regs will be written to benefit those at the top. pick an industry.

as sallie said in eddie and the cruisers " guys like you and me word man, they discover oil under our garden all we get is dead tomatoes"

That's Hollywood left wing propaganda.

Bitcoin foundation does its own lobbying Washington. They've hired some lobbyists. The New York bankers want to get a piece of the Bitcoin action and will also lobby to help Bitcoin. It's already happening in NY btw.