Quote from: DoctorOz on February 14, 2014, 01:14:46 PM

Quote from: misternanyte on February 13, 2014, 11:34:22 PM

Quote from: bene on February 12, 2014, 12:07:28 PM

Quote from: BruceFenton on February 12, 2014, 12:00:32 PM

If the regulation of Bitcoin concerns you, please sign this letter to regulator Ben Lawsky

http://bitcoinfinancialassociation.org/regulation/

I thought the whole point was to get Bitcoin finally regulated

No you fucking moron. The whole reason bitcoin was invented was to AVOID government tampering. Now we can't use bitcoin for it's intended purpose - which was to GET AROUND THE BANKS and their control of the value of the money.

Good job, you fucking morons.

+1

but isn't the idea behind bitcoins that it is a self regulated currency? I mean, if someone has the power to oversee this currency, then it's no different to what exists now?

Bitcoin the protocol is self regulating as we have been watching in real time with the current transaction malleability issue. How Bitcoin interacts with the existing financial system is HIGHLY regulated by many governments and agencies.