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by gamblor956 4764 days ago
It's disappointing that this is the highest-ranked comment on the thread.

The government of Virgina is not terrified of Bitcoin. As a state, Virginia does not have the power to issue monetary currency. What Virginia cares about is that money transmitters--of any currency--which send money into or take money out of the state are subject to regulations to protect the citizens and residents of that state.

A legal suspension is a very different thing from a voluntary shutdown. One is the state's use of legal force--the other is the business choosing not to challenge a form letter before any legal proceedings have even begun. A form letter, legally speaking, is like a boxer saying he's going to destroy his opponent--before the match has even been arranged.