> That's why Bitcoin needs regulation
Regulation doesn't stop scams, it merely makes them more creative. Let's regulate 'till only lawyers can own a business? Scams could be not prevented but undone, by total transparency and traceability, which is easier to implement than you think ("the books have no trace of transactions involving you and this thing? then you don't own it").
But, unfortunately, transparency would expose powerful people and their tricks, so the powerful people allow STASI-like spying and your children groped at the airport, so you rebel and seek comfort in privacy. Checkmate, you lose.
I am against BTC regulation because every time you earn something real or money, from bitcoin or whatever, you should put it in the tax form else you're being dishonest. BTC, like virtual game goodies, fall in this category IMHO.