- Category: Digital Currency
- Written by Crypto Coins News
The IRS asked Coinbase to produce records for users over a wide time period: two years. Members of the Bitcoin Community have expressed outrage over this. In fact, even Coinbase, whose CEO Brian Armstrong oft takes a pro-regulation stance, has rebuffed the move.
Yet, many Bitcoiners take it much further, demanding a Bitcoin Economy that stands on its own. The premise is old as Bitcoin, but in recent years – as more has become known regarding how easy it is to trace some bitcoin payments – the sentiment has shrunk as an overall percentage of the philosophy directing the Bitcoin Ship. (though, the block size debate has surely obscured what’s exactly going on here)