>Indeed, it has been banned in two different countries--Thailand and China
I'm so glad our representatives are looking at China for a model of how things should be. Hey, China is doing it, it must be OK.
You can make all sorts of arguments about banning BC, but don't use the fact that it's banned in oppressive countries as one of them and then expect me to respect your opinion.
He never said he he was looking to copy China and Thailand because he believes their doing the right thing. He also lists many countries that have "issued warnings to Bitcoin users as their respective governments consider options for regulating or banning its use entirely"
His logic in banning it from this is because he does not want "Americans... left holding the bag on a valueless currency"
I'm so glad our representatives are looking at China for a model of how things should be. Hey, China is doing it, it must be OK.
You can make all sorts of arguments about banning BC, but don't use the fact that it's banned in oppressive countries as one of them and then expect me to respect your opinion.