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Old 12-27-2016
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Default Re: Bitcoin Guide/Tutorial: What is it?, How do you buy it, Spend it, Withdraw it etc

Originally Posted by sdot10 View Post
Again I think alot of people miss the beauty of what bitcoin is. You cant shut it down. It cant be regulated because nobody owns it. There is no one to shut down. I think people need to understand what it is before just throwing out the obligatory "oh they'll just regulate it" if you understood what it was and how it worked you wouldnt say that.
I think your getting things misconstrued. A country can (and some have already) regulated the use of Bitcoin. Whether you choose to adhere to the laws set out by your country are a different matter. See here (https://en.wikipedia.org/wiki/Legali...oin_by_country)

P.S. BTC is unregulated in the UK (as of now atleast).

Originally Posted by 123 View Post
Great guide, and couldn't agree more, absolutely love bitcoin. Every seller should get familiar with it and offer it as a payment option, whenever possible (no chargebacks)

And have had a good experience with coinbase so far
Completely agree! For those who don't know already if you sign up to 24vc.com VPN services and pay via Bitcoin, the transaction process is a lot smoother, and your service will be up and running a lot quicker
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