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Message:: [QUOTE="Prime Mover, post: 2660960, member: 38783"]And Bitcoin is related to perfectly normal transactions, such as the honey and beef jerky I bought from some enterprising folks. As with anything, the bad news is always hyped over the good.  Bitcoin is linked to drugs, and guns, stealing kidneys, the fall of democracy, the return of Lucifer and all that stuff.  Guess what, so is cold hard cash.  Someone can link to the story about how the majority of $100 bills have some traces of cocaine on them I'm sure.  Wherever there is a black market, any currency that can, for the most part skirt easy detection, will be used. I very much argue the "going to be regulated and watched over" statement, unless you are speaking specifically of the BTC <-> Fiat exchanges, where people are "cashing out" and where that anonymity is lost.  General BTC transactions between parties carry enough anonymity (note I did not say complete anonymity, as that is patently false) that the time spent trying to monitor and regulate those is counter-productive to any returns of prosecution.[/QUOTE]