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by sln 4513 days ago
I really want to believe this comment is a joke...

Everything that you mention that needs to be "regulated" is already regulated by the bitcoin protocol itself. In fact, the whole point is to replace regulation with strong cryptographic proof.

3 comments

Good sir, surely you jest, how else we will maintain security of this nation if FSA will not monitor and double check every single transaction? What if some bitcoins will go missing in transit from source to target wallet?

First part of the post is indeed a joke, I am pretty sure comments on FX markets and strategy that exchanges could use to game the customers are accurate.

3 might not be enforced by the protocol if we're using a broader definition of "valid".
I think the first part /is/ a joke.