UK Gov Considers How To Get Its Filthy Hands On Bitcoin

[robzrob]

http://www.ft.com/cms/s/0/42ca6762-bbfc-11e2-82df-00144feab7de.html#axzz2TFcjfOCX

[SimonF]

I found this link worked better for me http://www.ft.com/cms/s/2/42ca6762-bbfc-11e2-82df-00144feab7de.html#axzz2TGUwidCD

[Andersfilosof]

Few things aggravate me more than the entitled sons of bitches who wait for the geniuses of the world to invent great things, only to step in and demand their share, having done absolutely nothing to earn it.

[PatrickC]

Agreed Anders.

"About 50 civil servants from HM Revenue & Customs, the Serious Organised Crime Agency, Home Office and GCHQ – the intelligence listening service – held a one-day conference which examined how Bitcoin works and how criminals might seek to exploit the electronic cash system, which is currently unregulated by any financial authority.

The meeting, entitled The Future of Money, focused on the implications that widespread adoption of the currency might have. As Bitcoin users are anonymous, authorities worry that it could be used for purposes such as money laundering, and that transactions between individuals fall outside boundaries of tax collection."

This is all too predictable of course.

[nathanm]

It's so weird how nobody ever tried to exploit non-bitcoin currencies in previous years.  This must be an entirely new problem!

[SimonF]

The beloved leaders no doubt feel left out and threatened because their feeding trough grows just a tiny bit smaller.