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<blockquote data-quote="wilberforce15" data-source="post: 4751666" data-attributes="member: 5053"><p>The new sec chair is a former MIT professor who taught block chain. </p><p></p><p>Drug dealers and terrorists are easier to catch via bitcoin than in normal banks, and bitcoin is far complicit than the average wall street bank. </p><p></p><p>All transactions are public knowledge on bitcoin, anf it isn't all that hard for sophisticated software to link it to a real identity. There are private crypto, but bitcoin isn't one. </p><p></p><p>Yellen is ignorant and largely irrelevant. And any regulation would only increase institutional adoption and help the price. </p><p></p><p>It's going nowhere but up.</p></blockquote><p></p>
[QUOTE="wilberforce15, post: 4751666, member: 5053"] The new sec chair is a former MIT professor who taught block chain. Drug dealers and terrorists are easier to catch via bitcoin than in normal banks, and bitcoin is far complicit than the average wall street bank. All transactions are public knowledge on bitcoin, anf it isn't all that hard for sophisticated software to link it to a real identity. There are private crypto, but bitcoin isn't one. Yellen is ignorant and largely irrelevant. And any regulation would only increase institutional adoption and help the price. It's going nowhere but up. [/QUOTE]
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