Banking on Bitcoin

“We have banks that have ATMs on every street corner of America. And those banks know very well that that cash could be getting used for drugs. And yet, that’s fine, they are allowed to do that, no one gets into trouble. But Charlie sells Bitcoins to a guy who sells Bitcoins to someone who uses drugs, and he goes to jail. He was an entrepreneur that started building this industry. He built services that people found useful. When bankers almost destroyed the world economy, and none of them got in trouble whatsoever. And here we have this 23 year old kid and he goes to jail, because he started building an alternative.”