10 May '13, 10am

Why Bitcoin will succeed - MarketWatch

And thoughtful people who have wrapped their heads around Bitcoin have come up with plenty of hurdles for Bitcoin to clear before it could be considered a success. Regulatory and consumer protection issues are just the beginning. And don’t get me started on taxation. Even the naysayers won’t mention it but I will here: financial regulators may tolerate the creation of a new currency, even one (like Bitcoin) that doesn’t require a central bank authority. But no government will cotton to missing out on the collection of sales tax.

Full article: http://www.marketwatch.com/story/why-bitcoin-will-succeed...

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