the government has effectively 0 control over bitcoin. They can control the popu... | Hacker News

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		virtue3 on July 17, 2014 \| parent \| context \| favorite \| on: Proposed New York State Virtual Currency Regulatio... the government has effectively 0 control over bitcoin. They can control the population in the US (or in this case, NY state) that uses it. But outside of that they can get bent.

gregr401 on July 17, 2014 [–]

The entire premise is to regulate the financial companies leveraging bitcoin in NY, not the protocol.

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