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The impressive list of bitcoin scams and failures may perhaps serve to teach them also the importance of professional accounting and financial regulations -- and why government is a good thing.

This is a joke right?
You ever heard of Enron?
The government itself *is* Enron. For example, on 10 Sept. 2001, Secretary of Defense Donald Rumsfeld told the U.S. Congress that the Department of Defense had misplaced 2.3 tn USD. That is 2.3e12 USD for which they could not account. The federal government of the U.S. is one of the best, cleanest national governments in the world. It is also vastly more criminal than any other entity of remotely comparable power.