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RE: The Reports from the Witnesses 2018-02-18

That last post was interesting, crypto was design to stray away from fiat regulations. However, it seems it is starting to clash. What are you thoughts on politicians attempting to regulate crypto to fiat and fiat to crypto ?

Also, if you had to wear one color only for the rest of time, what color would you pick?

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I think that some regulation is going to be healthy for crypto currencies, although hopefully it won't be taken too far.

Black. It is probably the only color that I think would look good dressed entirely in it :)

Alright, let's discuss how to add more pink in your life first. Then we can be prepared for the rest. :) I wonder if some regulation would defeat the purpose of cryptocurrency?

Hah. That’s one color I haven’t really tried to work into my wardrobe. Maybe I should try :)

It is a really complex subject, and probably one I can’t really do justice to in a brief comment. One easy example I can think of though is theft. If someone steals your coins, I still think that is a crime. I don’t really think it is horrible for governments to get involved in that case. I do see your point though. If it is taken too far, then it becomes as limited as traditional fiat. At that point, what good is it really doing? I don’t really have a great answer as far as where to draw the line. It is probably going to be something that the crypto currency community, governments, and society continue to debate for some time.

We just need to get them to pass HardFork 35.45: Doctrine Of Amazingly Pink.