Maybe if some of the rumblings regarding legislation to register ownership of precious metals comes to fruition, there will be a larger demand for Bitcoins as a store of wealth. I know I'm seriously thinking about it.
Huh? Where'd you hear that from, the registration? I know our pseudo pres is trying to say that the internet fuels extremism and that he's trying to control it. Heck telegrams fuel extremism, people riding around on horseback fuel extremism, i.e. "The British are coming!" Bumper stickers fuel it. There's no end to the governments reach when it comes to security. I digress. Point being, the big O is trying to control bitcoins by controlling the internet. And the public is oblivious. Actually makes me comfortable knowing what I know and actually doing something about it.
Nothing at the federal level right now, just a few states considering laws to document precious metal transactions and limit the use of cash. I believe the intent is to mostly limit crime of precious metals, but it also infringes on those of us that want to anonymous.
http://www.ilga.gov/legislation/fulltext.asp?GAID=11&SessionID=84&GA=97&DocTypeID=SB&DocNum=3341&LegID=64562&SpecSess=0&Session=0
Sometimes it feels like any rights or privileges we have are slowly disappearing.
