[null and void]

Isn’t the WHOLE POINT that it is not regulated???

[Lurkina.n.Learnin]

Ping

[I want the USA back]

Bitcoin is not gold.
It will be regulated, as soon as the current administration decides how to sock it to the folks who have some.

[DManA]

But how can it be regulated?

I think Mr Street badly misses the point of BitCoins.

[FatherofFive]

Bitcoins will remain rare like gold; by 2040 when the world population reaches 10 billion there will only be 1 bitcoin for every 500 people on the earth.

My poop is also rare. About a pound a day. By 2040 there will only be 9,855 pounds. Rarity does not equate with value.

[factoryrat]

Bitcoin cannot be allowed to continue to be a competitor to all of the government controlled fiat currencies of the world. If bitcoin cannot be manipulated like all of the current fiat money, it should be banned with extreme prejudice, and the proceeds be invested back into the fiat fake global markets.

The peasants cannot be allowed to circumvent our monopoly. If they wise up, the global players will be screwed.

[grania]

I'm supposed to believe that something (actually nothing) that's increased 6000% has value and won't come tumbling down?

Still a nonbeliever.

[E. Pluribus Unum]

Bitcoin only exists as encrypted data on distributed servers.

You can't regulate it because it's anonymous and doesn't exist in any one place.

When you pay someone with bitcoin, there is no way to trace the transaction to the recipient.

[narses]

[Organic Panic]

The US government will just confiscate it. They have done it already and will do it soon enough. It will simply be declared a tool for terrorism and poof. All your bitcoin are belong to us.