Quote:
Originally Posted by AdultKing
For any kind of cryptocoin to have a chance of going mainstream it needs to interface to the common transactional systems available on this planet - this means bank accounts and credit cards. For that to happen there will need to be regulation.
The people who are lucky enough to be benefiting from the Paypal/Epoch trial remark at the increase in sales from that integration. Nobody on the planet is shouting about the money that they are making by having Bitcoin as a payment option.
Until the people who control monetary systems (read: Governments) adopt the Bitcoin (or other crypto currency) there is no mainstream future for it. On the contrary, I believe that the US Government has already made it clear what it thinks of Bitcoin.
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It doesent as bitcoin has showed and for the government to stop it will be pretty hard I think they know this allready. There are far more countrys in the world than the US and not all of us trade cryptocoins for USD. I think you are missing the fact that this is something completly new just like when the "tube sites" appeared everybody was saying they wont last they cant monetise ect ect. They are still here and bigger than ever.They to were not that popular at first ..look at them now. I thought the same when I first played about with Bitcoins I never knew it would go this far or still be around and I lost out. There is a need for this kind of online currency and it will stop a lot of rebills and merchants accounts being shut down specially with paypal. I dont mean pirates embracing it either I mean legit websites like namecheap ect