It may not embrace it too and instead try to throttle it for their own gains.
AKA I want to see how best we can steal our cut from this.
Quote
Osbourne went on to state how important virtual currencies, mobile payments and other digital financial technologies are to modern economies:
“These alternative payment systems are popular because they are quick, cheap, and convenient – and I want to see whether we can make more use of them for the benefit of the UK economy and British consumers.”
“These alternative payment systems are popular because they are quick, cheap, and convenient – and I want to see whether we can make more use of them for the benefit of the UK economy and British consumers.”
AKA I want to see how best we can steal our cut from this.
Exactly. Anything our governments do in regards to bit coin is either to tax it or to control us. That is the natural state of things.
Other governments would like to finish (read ban) bitcoin. So to that extent, regulation is not bad.
