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Submission + - Will Legitimacy Spoil Bitcoin? (

F9rDT3ZE writes: Salon writer Andrew Leonard examines the U.S. Treasury’s Financial Crimes Enforcement Network's (FinCEN) first “guidance” regarding “de-centralized virtual currencies," noting that Bitcoin's supporters call it a "currency of resistance," while others suggest that "the more popular Bitcoin gets, whether as a symbol of resistance or a perceived safe haven in financially troubled times, the more government attention it will inevitably draw, and the more inexorably it will be sucked into existing regulatory structures."
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Will Legitimacy Spoil Bitcoin?

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