Why would we need to uninvent beadcoin? Did we have to uninvent ponzis? Bearer bonds? Heroin? Murder? Rape?
Ban/regulate the shit out of it, works good 'nuff
Ban/regulate the shit out of it, works good 'nuff

You need to un-invent it because "banning/regulating the shit out of it" isn't going to make it disappear, any more so than the illegal drugs trade has disappeared.
Of course it's not going to make it disappear. Murder and rape are still with us too -- that's why I said "works good 'nuff" rather than "perfect."
I choose my words berry berry carefully
