Uh, oh. This will either be really good for Bitcoin or really bad. I am thinking the Government are going to try and clamp down on Bitcoin and do their best to get their share of the pie through taxes and whatnot. An unregulated currency has surely got a few Federal Reserve members and those with vested interests in currency on the edge of their seats and on the attack.
Government backing is the last hurdle for Bitcoin. If some rules are put into place that allow its use in the US alone, it'll set a precedent for other countries to follow-suit. It's apparent the Government don't care about how Bitcoin is being used, all they care about is getting their share of the money which at present is zero.
Government backing is the last hurdle for Bitcoin. If some rules are put into place that allow its use in the US alone, it'll set a precedent for other countries to follow-suit. It's apparent the Government don't care about how Bitcoin is being used, all they care about is getting their share of the money which at present is zero.