Archive for the ‘Privacy’ Category

Should Bitcoin Be Legal?

Should Bitcoin Be Legal?Should Bitcoin be legal? Governments seem unwilling to take a stand, and with good reason: a premature attack in this arena could be a huge misstep.

Do you remember Napster? The government aimed all its might at the online file-sharing network, ultimately forcing it to shut down in 2001. Perhaps regulators and law-enforcement — in all of their wisdom — believed they were doing a good thing when they pursued legal action against Napster. But in reality, the hasty reaction had a clear unintended consequence — creating a proverbial hydra. Read On…