'That some part of "The Government" thinks they can regulate something that is *... | Hacker News

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		jerf on July 17, 2014 \| parent \| context \| favorite \| on: Proposed New York State Virtual Currency Regulatio... 'That some part of "The Government" thinks they can regulate something that is not theirs is laughable.' Bwuh? I can not come up with a sensible interpretation of this sentence. And I've tried.

virtue3 on July 17, 2014 | [–]

the government has effectively 0 control over bitcoin. They can control the population in the US (or in this case, NY state) that uses it. But outside of that they can get bent.

gregr401 on July 17, 2014 | | [–]

The entire premise is to regulate the financial companies leveraging bitcoin in NY, not the protocol.

murbard2 on July 18, 2014 | [–]

s/can/may/

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