Quote:
Originally Posted by Paul Markham
The problem is how do they acquire the info to regulate it?
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they do not want to regulate bitcoin at all...they want to regulate anything that has anything to do with fiat being exchanged in to and out of shitcoins...
you can exchange 1000 fart-in-a-jar coins for 1000 shit-on-a-sidewalk coins all you like but the moment you want to use fiat in any way you have to comply with what ever regulation the issuers of the fiat impose on you...
they will make all exchangers comply and localbitcoin.com will become local-sting-coin.com...