Bitcoin doesn't care, no it certainly doesn't. This is what happens to a currency when you cut the corruption, bureaucracy and allow a currency to be free to spread it's wings. Bitcoin is soaring because it is free from the same restraints the rest of the currencies are faced with.
Bitcoin need not care.
Topic: Does Bitcoin even care? (Read 236 times)
Do banknotes care, and does gold care? It's a good thing that Bitcoin is free of government control. It protects us from all the theft of savings perpetrated by the bankers and unicorn politicians.
It entirely depends on the holder how they use it. Bitcoin is not inherently bad. There are just some people who use it to say fuck the system or something.
The currency isn't as established and as decentralized yet as it needs to be in order not to be affected by big investors / groups dumping their coins when the price increases. Besides, cryptocurrencies are a thing for the first time so nobody can predict how it's course is going to be and as far as I see the laws that apply for asset backed currencies do not apply for bitcoin, at least not yet.
Seeing what's going on right now, it doesn't seem Bitcoin cares much about any fiancial laws. WHAT THE HELL GUYS?!
Jump to: