If the US government wants to figure out how to effectively regulate Bitcoin and cryptocurrencies while encouraging technological growth elected officials on Capitol Hill will first need to learn how Bitcoin works. Old Suits New Technology The average age of Members of the House at the beginning of the 114th Congress was 57.0 years; of Senators 61.0 years β and almost all of them have no experience with Bitcoin or the cryptocurrency market. One can Read More The post How Can US Govt Regulate Bitcoin When It Doesnt Even Know What It Is? appeared first on Bitcoinist.com. via ICGO https://www.icgo.co.uk/redirect/?url=http://bitcoinist.com/us-govt-regulate-bitcoin-doesnt-know/