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Old 07-15-2013, 01:51 AM  
halfpint
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Join Date: Jun 2007
Location: UK
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Quote:
Originally Posted by AdultKing View Post
That may gain local traction. The prime advantage being that it is released by a corporation under control of the Crown, (i.e.: Government Sanctioned). In other words it shall be properly regulated.

Being properly regulated shall mean that it will be less desirable for nefarious use than Bitcoin and illegal use will be much easier to police.

Bitcoin and other contenders in the crypto currency space do not enjoy the support of regulators or Governments.
There is way more illegal use with banks, paypal, credit cards/ debit cards than what there is with bitcoin. The governments cant even control this correctly. The amounts of money which is stolen or laundered or used for other illegal activities is staggering compared to how many they actully catch.
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