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Comment by kolev | Hacker News Reader

This isn't a bill about just Bitcoin, why is it singled-out in the title? Oh, because all the Bitcoin maniacs will keep echoing like there's no tomorrow!

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The only people I see getting violently insane over Bitcoin are people who are afraid of it and unable to resolve their cognitive dissonance over it. I get you don't like it - but that doesn't mean you have a right to make blaming statements over it. I for one, am not a maniac.

BTW, contrary to your statement saying the bill isn't just about Bitcoin, here's the link to the brief: http://www.leginfo.ca.gov/pub/13-14/bill/asm/ab_0101-0150/ab.... Bitcoin is mentioned 23 times - a good reason to single it out if there ever was one.

I don't mind the flies... unless they start bugging me with their annoying buzz.

It's my understanding that this bill was largely driven by Bitcoin supporters even though it is written in a general sense.

Not really. I've read the draft a few months ago.

So, when you downvote me, the price of Bitcoin automagically will go up?

Does that frighten you?

But why? I do have more bitcoins than most of you here, but the world doesn't spin around Bitcoin. The bigger the hype, the worse the crash.

The bigger the hype, the worse the crash, the cheaper the Bitcoins at the bottom of the crash :) I've got used to this since the great crash of 2011.

Pump and dumps (and dump and pumps, respectively) can happen only till there are new inexperienced idiots joining the bubble. And, fortunately, just like the number of smart people, the number of idiots with money is a finite number.

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