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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.'"

2 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