There's been a lot of talk about submitting the Bitcoin economy to governmental regulation and, frankly, it scares the hell out of me. One of the reasons I'm so excited about Bitcoin is because it presents the same promise of a fully free market that cash does without all the problems surrounding a fiat currency.
Personally, I am strongly against Bitcoin regulation. I believe the market is completely capable of caring for itself and regulation would simply expand government intrusion into people lives. I can see no benefit and a lot of detriment.
What do you think? Do you think the Bitcoin economy should be regulated? If so, to what extent?
Rage
It really made me feel secure enough to invest in crypto currencies. Regulation is a must so that people will not try to scam us since because of that.
I think this will be a symbiotic mutualism because with regulation will certainly provide benefits for both? with regulation. then there will be many parties and merchants who will then accept bitcoin. of course bitcoin will be more secure because many people will start to believe in bitcoin. the government will get taxes and other mutual benefits