Bitcoin Lobbyists Hard At Work

According to Bloomberg, “Bitcoin Woos Washington To Ensure Lawmakers Don’t Kill It,” http://www.bloomberg.com/news/2014-01-08/bitcoin-woos-washington-to-ensure-lawmakers-don-t-kill-it.html, lobbyists are out in full force bending politicians’ ears to make sure they understand that the benefits of Bitcoin outweigh any negatives, and that the negatives can be minimized and controlled through a proper regulatory scheme.

Politicians should listen very closely.  If they fail to enact appropriate regulations and,instead, attempt to “kill” Bitcoin, they will be unsuccessful and will only ensure its survival as an underground currency eagerly partaken in by organized criminal organizations and their cohorts.

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