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Originally Posted by holograph
in current form bitcoin cannot be regulated and it seems officials get at least that point, unlike some on here what they want/will regulate and tax is (fiat) money in and out. it seems pretty reasonable and certainly achievable as most fiat transactions are electronic. good luck figuring out closed door/cash deals, exactly just like with current, real money today.
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Bitcoin can be regulated through the exchangers because they all have bank accounts. Put pressure on them and Bitcoin users have no choice if they want to cash out to a currency. Every exchanger can easily be regulated, and that is exactly where they will do it.