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How Will Bitcoiners Regulate The Regulators? – Bitcoin Magazine



This is an opinion editorial by Niklas Kleinworth, a research assistant at the Idaho Freedom Foundation, which is a public policy think tank.

As Congress seeks to refine the federal government’s stance on cryptocurrency, one must be wary of policies that permit favoritism of the interests of bureaucrats over Bitcoiners. Though Bitcoin itself cannot be regulated, federal control could stunt progress in orange-pilling nocoiners by making bitcoin less practical to access and exchange. Bitcoiners should support legislation that both simplifies the industry’s relationship with the U.S. government and offers protections against bureaucratic overreach.



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