[Chugalug] Bitcoin Regulation

Dave Brockman dave at brockmans.com
Mon Aug 12 18:36:01 UTC 2013


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On 8/12/2013 2:20 PM, David White wrote:
> This looks interesting, especially given the recent discussions on
>  Chugalug regarding Bitcoin - 
> http://www.forbes.com/sites/kashmirhill/2013/08/12/every-important-person-in-bitcoin-just-got-subpoenaed-by-new-yorks-financial-regulator/


In
> 
addition to rooting out illegal activity, the department says it
wants to make sure Bitcoin company customers? funds are ?safe and
sound,? expressing concern about consumer complaints ?about how
quickly virtual currency transactions are processed.?


WTF?  They want to "regulate" virtual currencies.  They can't regulate
P2P virtual currency.  I might need to make popcorn.... this might get
good (in a really bad, B-Movie type of way)

Regards,

dtb

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