Ah, yes, also -

It seems to me that two things have to happen for Bitcoin to become more widely used.

1. A programme needs to be available to allow people to buy and safely hold Bitcoins that is easy to use and not time consuming.

2. Bitcoin would need to be priced and tradeable on a major exchange that people trust to provide neutral pricing data and protect their transactions.

One guy I spoke to set up an exchange, but had to close it down because US financial services regulations made it impossible for him to develop it into a legitimate business. Is regulation the major obstacle for Bitcoin becoming more widely used? Does anyone have any idea what specific regulations are the problem?

Naomi