In Dec 2012 a European bitcoin exchange said it had been granted "payments service provider status" by French government officials. (Meaning French government considered the exchange to be like Paypal.) If other companies that trade in BTC seek to be legitimized by governments, it could undermine one of the basic things that defines BTC -- that it works best outside the "white market" sector.
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Uh-oh
StrayLite 20 weeks 2 days 17 hours 3 min ago
This opens the door to government intrusion. The old camel nosing into the tent....