- You can't use it to pay for illegal goods or services - You can't receive it in payment for illegal goods or services - You can't use it to hide other transactions related to illegal goods or services (i.e., money laundering)
You are missing the point, you list a bunch of stuff that is already illegal. Why do we need additional regulation for this currency, when it is already established that the said activities are already prohibited with regular, cold cash? And what is the point of passing laws governing this currency, when you cannot realistically enforce them? Are you just hoping to pile on extra penalties when I order a hit on someone, and pay for it using digital currency? How will that make the world a better or safer place?
I know a lot of people whom like to put on their tinfoil hats and cry about government surveillance at every chance, but the reality is that we have never actually defined what is or isn't private in the digital age.
"Sir, I cannot define private information, but I know it when I see it..."
Ok, I am trolling you with the quote, but your statement is bullshit and I think you know it. Law enforcement agencies shouldn't be collecting ANY information on anyone until they have a crime report in their sweaty little hands or enough evidence to go get a real warrant. Anything more is just the first step on the slippery slope to police state.
To be fair, WB is the one who put amazon in a crap situation in this one. They had a pre-order for a blue ray, for like $25....The move did exceptionally better than they anticipated, so WB decided NOT to produce the cheaper blu ray, and then put out a new $40 one. Amazon then had to cancel all the other cheaper pre orders, and deal with the legitimately pissed off customers. Amazon is doing some shady things, but they certainly aren't alone in it.
There are two ways to write error-free programs; only the third one works.