Here's Everything Senator Manchin Got Wrong in His Bitcoin Ban Letter

Here's Everything Senator Manchin Got Wrong in His Bitcoin Ban Letter

A US Senator attempts to regulate anything on the Internet. Whether you're talking about Bitcoin or net neutrality, it's rather obvious that the people creating the laws surrounding certain technologies have no idea what they're doing. This issue is going to be extremely difficult to cope with as computers and smartphones continue to play a bigger role in our daily lives. The reality is that the people who want to regulate Bitcoin are the ones who don't understand the technology. If they understood the Bitcoin protocol as more than just a payment system or currency, they would realize that....


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US Senator Calls for Bitcoin Ban in Letter to Top Federal Regulators

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US Senator Joe Manchin Demands Federal Regulators Ban Bitcoin

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Bitcoiners Are Unfazed As Senator Manchin Calls For US Treasury To Ban Bitcoin

Those who truly comprehend Bitcoin's technology are aware of the futility in trying to "ban Bitcoin." I might be more inclined to believe the possibility of Bitcoin being banned when, if ever, I see BitTorrent banned. Earlier today, Rob Wile of BI published this article detailing Senator Joe Manchin III (D-WV) and his call for the US Treasury, and a host of other financial regulatory bodies within the United States, to ban Bitcoin. That's right, Senator Manchin sent a letter to a long list of important names in the US government asking them specifically to ban Bitcoin. The overzealous call....