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Old 05-14-2013, 05:42 AM  
DWB
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Quote:
Originally Posted by holograph View Post
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.
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.
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