http://www.businessinsider.com.au/r-australia-probes-bitcoin-crime-links-as-currency-craves-legitimacy-2014-12
Lets discuss their "struggle".
Quote
SYDNEY (Reuters) – A top Australian law enforcement agency is investigating bitcoin’s role in organised crime, a senior official said, just as politicians and financial regulators embrace the digital currency as a legitimate part of modern business.
The investigation into bitcoin’s crime links by one authority as others embrace it highlights the crossroads governments have reached as they struggle to regulate the five-year-old “cryptocurrency” a method of making anonymous payments which has surged in popularity around the world.
The investigation into bitcoin’s crime links by one authority as others embrace it highlights the crossroads governments have reached as they struggle to regulate the five-year-old “cryptocurrency” a method of making anonymous payments which has surged in popularity around the world.
Lets discuss their "struggle".
to say something like this is like saying "A top Australian law enforcement agency is investigating Ether’s role in Cocaine crime's" Bitcoin itself does not play a role in crimes, There is nothing in the Bitcoin Protocol that makes Bitcoins commit crimes or be willingly part of a crime. Bitcoin is not posting the illegal adds to sell drugs, Bitcoins are not buying the drugs themselves. To word things this way is like taking a gun to court for murder.
