Deloitte: Too soon to regulate Bitcoin

Deloitte makes the case for delaying Bitcoin regulation. Summary:

  1. Bitcoin is noisy, but it isn’t that big (yet).
  2. Precedent:  other innovations like the automobile, telephone and internet got decades to mature before regulation took hold.
  3. The real value of Bitcoin is scalability of the technology.  Don’t lock out innovation before we find how this technology can best benefit people.