“Longtime American Banker readers may roll their eyes, having heard similar arguments about the danger of losing business to more-lax jurisdictions in so many other contexts (e.g. derivatives, bank capital). But I would take a different tack. I’d argue that Bitcoin, for all its baggage, should be allowed to flourish because it’s good for banks, good for merchants, good for America and good for humanity.  Before you scoff, hear me out. Here are five reasons Washington should refrain from putting any further screws on Bitcoin.”

http://www.americanbanker.com/bankthink/five-reasons-washington-should-leave-bitcoin-alone-1063736-1.html?zkPrintable=1&nopagination=1

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