Here’s the Thing: Bitcoin Is Confusing a Lot of People

In this segment of Where the Money Is, Motley Fool financial analyst Matt Koppenheffer takes a look at one tweet from the Twittersphere, which highlights an article from the Toronto Sun that points to a number of documents showing that regulators may have misunderstood Bitcoin thus far. Matt suggests that rather than looking at this from the perspective of who does and does not understand Bitcoin, that it could suggest that information about what Bitcoin is or is not may really be lacking for many people, and that further education on the subject may be beneficial.

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  • Report this Comment On April 20, 2014, at 2:25 PM, Flakes wrote:

    I think you have it backward -- regulators, if they are doung their job right need to consult with people who undestand Bitcoin.

    Regulators need to stop listening to the libertarian bitcoin boosters who quite frankly don't understand economics or politics quite as well as they think they do. Nor should the listen to the anti-bitcoin crowd who are every bit as uninformed.

    The truth is that Bitcoin won't be sucessful when people understand it, bitcoin will be successful when people use it without knowing they are using it. When it fades entirely into the background.

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