sounds like the pot calling the kettle black............
I don't think you understand what that expression means.
Just from the words you choose its obvious you are the only "wallstreeter" in the thread ATM.
Regulation is a good thing and here is why:
Regulation will give investors the confidence to get in BTC that normally wouldn't, you can call them "warren buffet" types if you would like.
This will give them a safe haven to know the neo and bee types won't go buy a bentley with their money. This will allow the market capital to grow very rapidly, creating a high volume liquid market. This will then attract big business's and once that happens it opens the door to accept multiple currencies.
Since BTC has a mind of its own, those that don't want to participate in the regulation do not have to, they can trade/barter on exchanges or with people directly, this is what a "peer to peer network" affords, since you don't seem to understand that part I figured I would clarify.
So even the people that do no want regulation, will benefit from the regulation, without having to actually be regulated.
So everything you are saying is wrong, big business will help the little guy, hopefully the little guys are smart enough to hold their BTC to reap the benefits.
Did you know MG and WU have roughly a 500b market cap? Do you realize that if BTC had that capital it would be worth roughly 20k? How does that hurt anyone if you don't mind me asking? I get to become my own bank, and basically reap the reward of securing BTC...... isn't that what banks do now?
BTC will be the biggest transfer of wealth we have ever seen, most of the people with money at the moment don't even understand it enough to use, kind of like Warren Buffet.
Getting Mark Karpelesed isn't good for anyone, we all the need the option of using a secure exchange, that has the money we put in it.
