As I've said several times, legislation does nothing to Bitcoin.
The question isn't "will government allow Bitcoin to continue? Will Bitcoin allow governments to continue.

The best hope for something like bitcoin is if the politicians buy into it like earlier politicians bought into the Federal Reserve. It has been proven government pressure can lengthen the lifespan of a fiat currency.

By coming up with a fraudulent market for cryptocurrency, Bitcoin was not spoiled directly, but this gives the cover for politicians to come in and say they will regulate all cryptocurrencies, which they have proposed legislation to do.

How is SBF related to Bitcoin? I'm not understanding the connection.

I shared a video from the Atlas Society to open a discussion. Have any of you watched that video or does the hive just attack that which it senses is different?

Check your premises.

Same here, VetteGuy.

My education has been decades of speculating and investing (there is a difference between the two) in the markets and overall I've done quite well so as to retire comfortably. That doesn't mean I haven't had my ass handed to me from time to time and I know a slick situation when I see it. I've made money on some of them - get in early, get out early before the hype dies down. They are "tulips". Bitcoin is a tulip.

No argument from me that the Federal Reserve fiat currency is corrupt up to it's eyeballs, but bitcoin is NOT the solution. It's vaporware with a lot of hype. You can profit from it, but like many other speculative issues, have an escape plan.

Bitcoin perhaps could have proven to be what you wished it would be, but Sam Bankman-Fried, his parents, and his colleagues have successfully spoiled it unfortunately. Yes, it could have been a Gulch. That is why it had to be destroyed. Perhaps the biggest difference between Atlas Shrugged and now is that having a Gulch be ignored is now a complete fantasy.

This have proven to be a conversation lacking education rather than philosophy with you. Your arguments are the same and they continue to show a lack of education. I am here to speak to those that looking to withdraw their economic support for a corrupt system. Bitcoin does this.
If you don't get it or refuse to see it, I'm sorry I don't have time for you.
Bitcoin is the largest computer network in the history of humanity and it doesn't care whether you contribute your energy or not. Same as Galt's Gulch.
All who understand are welcome, looters are not.

I'm retired and enjoying life. It's working great, thanks!

If I understand history, tulip bulb speculation worked out well for some and not so well for many. History seems to repeat for those who don't understand it. If you are speculating in bitcoin, today's tulips, be ready to get out in a nanosecond in order to be one of the few it works out for. Most people would be better off keeping their railroad job.

Edit add: I noticed the topic was down voted to zero so I gave it an up vote to make it one again. Although I don't speculate in bitcoin, the topic is worth discussion.

It's not an investment. It's a gulch. Keep working on the railroad if that's what works best for you.

From what I can tell, those heavily invested in bitcoin realize they can only profit if they convince others of how wonderful it is. If others decide it's worthless, it will be.

Not really any different than if I bought a million dollars worth of stock in xyz, and then went around screaming that if YOU don't invest likewise you will be poor forever.

Maybe it will work out for Saylor and SK. Maybe not. I'd hate to think the value of my nest egg was tied up in a single investment tied only to other people's opinion.