If you want Bitcoin to be seen as a legitimate currency with mass adoption, then it is going to be regulated. Regulation isn't necessarily a bad thing.
Sorry, but like it or not, bitcoin has experience unprecedented growth because it CAN'T BE REGULATED, and no one, not even Lawsky, can change that.
Of course it can be regulated. How can it not?
is that simple , if uganda starts usinmg bitcoin unregulated its useless to regulatie it in the US.
because company's will move to uganda.
It has a point of failure when people want to spend it or exchange it for cash. How can cash be regulated and Bitcoin can't? Why don't companies move to a place where money isn't regulated then?
Thats a taeporary situation why would people want to change it for cash???
its not needed only in the beginning , if cash will become more complex do to regulation bitcoin wil take over iots that simple.
Because at the moment you cant buy much with Bitcoin. Go try pay for your food, groceries and bills in Bitcoin and see if it's possible.
Food easy , groceries easy (true giftcards) , it requires some research but can be done.
Bitcoin is a worldwide thing , you can transfer money in your memory whitout need foor physical storage.