Bart Chilton: Obama needs to make a pierce on bitcoin now

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There is a outrageous event that can be tapped into if U.S. supervision officials and attention thought-leaders settle an suitable change between simple consumer insurance law and an honesty that not usually permits, though fosters and promotes, innovation. We did it with a internet — and we need to do it now with practical currencies like bitcoin.

Commentary by Bart Chilton, former commissioner on a Commodity Futures Trading Commission. He is now a comparison process confidant during a tellurian law organisation DLA Piper. He is also a author of “Ponzimonium: How Scam Artists Are Ripping Off America.”

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