Ive been a great advocate of moving to an electronic payments mechanism. There are a lot of efficiencies. I think we can actually have a better regulated economy if we had all the data in real time, knowing what people are spending, he says.
Oh, is he advocating for Big Brother? He lost me at that part. Main reason Bitcoin was created was because this "regulated" economy failed many people. If they regulated it properly then the 2008 crash wouldn't have happened.
The genie is out of the bottle, there's no putting it back in. Even if they shutdown exchanges and miners, people would find a way to use it. If they attempt to quash it, it'll just go further underground.