re: #126 wheat-dogg

Supposedly the guy (or gal, wtf knows) who created Bitcoin did it as a response to the 2006-2008 financial crisis. Some bankers see Bitcoin as a threat to their business model, and want to kill it. Others see it as a tiger to ride. And the US government naturally wants to regulate it so it doesn’t upset the apple cart.

Every government does, for one of two reasons:
1. It threatens their control.
2. It’s not backed by anything, but it if it were to become a significant currency, it’s collapse would rock economies. It’s the modern version of tulips.