so, no one should be breaking the law, educate yourself about what you can and cant legally do, but dont let the trojan horse of govt/tax/govt regulation in
+1
by allowing in a government does not make the currency more or less legal. all it does is move the power of ownership away from the people and towards the government that the regulators are native to.
EG if bitcoin gets regulated and taxed by UK's FSA/HMRC. it will become UK's property. but that does not change its status in australia, canada, thailand, mexico, etc. so why adopt UK regulations as its still foreign to the rest of the world
EG if bitcoin gets regulated and taxed by USA's FINCEN/IRS. it will become USA's property. but that does not change its status in australia, canada, thailand, mexico, etc. so why adopt USA's regulations as its still foreign to the rest of the world
imagine bitcoin as its own country. you don't have to follow the laws of another country!
i would say though that we do develop our own moral compass to ensure that the currency continues to have value. EG training people how to spot scams. how t secure their wallets from thefts. how to operate online stores with cold wallet and remote management to limit online hacks thefts. how to limit the abilities of DDOS'ers.
and to remember you do need to obey the laws of other countries if your business is going to touch their fiat. and that should be the only time you need to obey their regulations. when THEIR fiat is being used.