09 Aug '12, 4am

Q. Defense from Government Intervention #bitcoin

What's to stop a government, say the U.S. government, from saying "Hey, it's okay if you want to use Bitcoins, but you have to use at least version 0.6.3". And then a year later changing the law to "Hey, it's okay if you want to use Bitcoins, but we're going to make sure you're using the most up to date version of the Bitcoin client through the XYZ Act." Then another year, a new bill: "Hey, you love Bitcoins, right? How about this new bill that 'improves' security by requiring any Bitcoin clients to include features ABC." Yet another year goes by and: "Woah, hey, we can't let you use a non-licensed bitcoin client, that wouldn't be very responsible! Make sure you use one of the clients on this list!" 365 days later: "Hey man, how are you liking your Bitcoins? Oh, great, well, we just wanted to let you know we're going to put out a client of our own. Oh no, no major differen...

Full article: http://bitcoin.stackexchange.com/questions/4389/defense-f...

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