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Will Legitimacy Spoil Bitcoin?

New submitter F9rDT3ZE writes "Salon writer Andrew Leonard examines the U.S. Treasury's Financial Crimes Enforcement Network's (FinCEN) first 'guidance' regarding 'de-centralized virtual currencies,' noting that Bitcoin's supporters call it a 'currency of resistance,' while others suggest that 'the more popular Bitcoin gets, whether as a symbol of resistance or a perceived safe haven in financially troubled times, the more government attention it will inevitably draw, and the more inexorably it will be sucked into existing regulatory structures.'"

10 of 490 comments (clear)

  1. Re:That's the price you pay by Anonymous Coward · · Score: 5, Funny

    If only we could put a tax on apostrophe's.

  2. Re:That's the price you pay by JustOK · · Score: 5, Funny

    apostrophe's what?

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    rewriting history since 2109
  3. Re:bitcoin's value is for it's utopian idealizatio by circletimessquare · · Score: 4, Funny

    when you can only process opposition to your worldview in simpleminded cartoon stereotypes, you might have a problem

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    intellectual property law is philosophically incoherent. it is your moral duty to ignore it or sabotage it
  4. Re:That's the price you pay by ArcadeMan · · Score: 3, Funny

    You would'nt bel'ieve how many t'imes Iv'e seen it use'd impro'perly.

  5. Re:That's the price you pay by Anonymous Coward · · Score: 2, Funny

    When apostrophes are outlawed, only outlaw's will have apostrophes.

    ftfy

  6. Re:That's the price you pay by GreyWolf3000 · · Score: 4, Funny

    Tolkein? Is that you?

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    Slashdot: Where people pretend to be twice as smart as they really are by behaving like children.
  7. Re:That's the price you pay by Ol+Biscuitbarrel · · Score: 4, Funny

    M'or'e lik'e L'ov'e'craf't, Im' th'inki'ng.

    Posted from ph'nglui mglw'nafh.

  8. Re:Bitcoin Legitimacy by Anonymous Coward · · Score: 3, Funny

    The thing about the assumption that the state "cannot" control something, is that it is almost always entirely wrong. This discovery is almost always accompanied by wailing and gnashing of teeth.

    On the other hand, the assumption that the state "can" control something is also almost always entirely wrong. This discovery is also almost always accompanied by wailing and gnashing of teeth.

  9. Re:That's the price you pay by wonkey_monkey · · Score: 4, Funny

    lol its sad that i get this.

    *facepalm*

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    systemd is Roko's Basilisk.
  10. Re:That's the price you pay by Abstrackt · · Score: 4, Funny

    Looks like someone couldn't afford the apostrophe tax.

    --
    They say a little knowledge is a dangerous thing, but it's not one half so bad as a lot of ignorance. - Terry Pratchett