This should be good ... he may come across sometimes like a big, funny guy (clownish) but you know what? ... He just goes ahead and does shit, he doesn't just talk about it. |
|
|
|
Government always accomplishes what it sets out to do (which is 180 degrees from what it publicly claims it sets out to do).
quite right ... and they invariably accomplish it so well that they have to double the size of the program and extend it for twice as long ... |
|
|
|
|
Uh-huh ... shall we have a whip 'round for Lawsky then?
... who wants to start the "BitCoins for Lawsky" thread?
He might just want to put a donation address up somewhere, let's test his open mind to new ways of doing business ... ah, actually, it maybe more like the old way of doing business.
|
|
|
|
Probably time to start writing your senator and congressman. We have a few friends in DC now.
... better yet forward them an ounce of the finest from SR to demonstrate how effective bitcoins really are ... (ps: kids and idiots should not try this at home) |
|
|
|
|
They probably just want some plebe aide to do all the legwork and get them up to speed with how they get their kickbacks and bribes in the new internet anonymonies .. then they can go on SR and get wild with hookers and blow like they used to ...
|
|
|
|
Would you put Lawsky (or anyone from NYFDS) on payroll to administer a IT system holding bitcoins? (NB: looks like he has a shiny 4-screen monitor bank ... all with empty windows desktops  ) It's going to be ages, if ever, these guys can "have a conversation" about bitcoin. Imagine how ridiculous it would look if they started sending legal letters out to Bittorrent companies ... |
|
|
|
Solution: Bitcoin needs... centralized regulation and personal (non-anonymous) transactions. Basically reads like the poor kid wandered into the wrong bar and got stuffing kicked out of him ... now he wants to cry in public about it. If he read the manual of what bitcoin was before setting up his insane business model he'd have been better placed ... who did he think he was, Elon Musk setting up the next PayPal? |
|
|
|
|
Before anyone trumpets the benefits of Senate making up rules about bitcoin you need to ask yourself this ....
"Is there a Senator that you would allow to administer your computer system that holds bitcoins?"
And then think through the ramifications of the inevitable answer to that ....
|
|
|
|
Growth is good, organized growth is better. All the evidence from economic history shows that to be wrong ... most centrally planned "growth" endeavours are epic failures. The only one rule the Senate could possibly put in place that would be better is "Do not touch Bitcoin" ... anything else will be a hindrance, a perversion, a compromise, a vested-interest loophole-riddled bastardisation ... so that is what I'm fully expecting (mainly because most people think, erroneously, like you do). |
|
|
|
|
Someone might want to have the fungibility conversation with Lawsky ... for a regulator of monetary products he seems entirely ignorant of what properties good money needs to have ... it's like asking all cars that are not US made to have square wheels.
... also his name is just a little too cute for law guy ... really, it's like a joke that starts out "lawsky, copsky and thiefsky go into a bar for a brewsky ..."
|
|
|
|
Nagasaki and Hiroshima were real world tests, plain and simple. The fire-storm bombings of Tokyo http://www.eyewitnesstohistory.com/tokyo.htm had already broken the japanese spirit and several more civilian attacks like these over the other big Japanese cities would have likely caused the same desired surrender outcome that was needed to stop the horrific island fighting as the Allies advanced on the mainland. Do you know what a Monday morning quarterback is? Hit a yankee nerve did I? |
|
|
|
This is great! Hopefully they can develop guidelines that we as a community can get behind.
You are joking right? Satoshi developed all the guidelines we need to get behind. If you don't agree with them perhaps you are playing in the wrong game? |
|
|
|
For example, as the International Consortium of Investigative Journalists revealed with a Wikileaks cable-like dump of 2.5+ million files it is politicians and regulators who have the most demand for offshore bank accounts. Silk Road has been some low hanging fruit in terms of customer acquisition but it is the regulators and politicians, a prime and critical target market, who will be extremely beneficial for driving mainstream Bitcoin adoption.
If the politicians and regulators view Bitcoin as the ultimate offshore bank account and start acquiring bitcoins where they start getting a vested interest and develop a positive bias then they will be more likely to want to use their power to legitimize it within the current financial system so that they can protect their nesteggs and ill-gotten gains.
Sad, funny and all too true. Let's get more of these "ultimate" money hidey-hole articles out there to the politicos ... gmaxwell: "Generally law enforcement in free societies is accomplished via sampling and stiff penalties for cheating... not some crazy panopticon of ubiquitous surveillance" gotta remember this, excellent and succinct summary describing how law enforcement has gone completely off the rails. |
|
|
|
However the US has done one thing, it has shown restraint when it had and has now vast nuclear advantage. I wonder what other countries with such and advantage would show the same restraint
The US of all countries? Nagasaki and Hiroshima ring a bell? No other country has ever dropped a nuke on people except the US. The Japanese bombings not withstanding, it is disingenuous to say the US has shown restraint with its nuclear advantage .... one could argue that the massive influence they wield all across the globe, particularly the US dollar hegemony, is because behind every foreign action lies quietly, the unstated threat of ultimately nuclear action. Nagasaki and Hiroshima were real world tests, plain and simple. The fire-storm bombings of Tokyo http://www.eyewitnesstohistory.com/tokyo.htm had already broken the japanese spirit and several more civilian attacks like these over the other big Japanese cities would have likely caused the same desired surrender outcome that was needed to stop the horrific island fighting as the Allies advanced on the mainland. |
|
|
|
Private, secure, anonymous ... client-side only key handling ... (pay-for-service using btc?)
So the obvious LMAO, I have most of those of course. It is kinda hard for email since it is unencrypted until it hits my custom server, then I encrypt it, before putting into the database. Just do the obvious well was my message between the lines here ... was going to suggest bitmessage network as a transport protocol option (but didn't want to distract you). |
|
|
|
|
I got this gut feeling Vancouver is going to become a hotbed for bitcoin development, innovation and activity ...
The california and new york statists have made their intentions clear (and they have many willing mouthpieces trumpeting the righteousness of their 'legal' protection racketeering) so B.C. for the win. There are other compelling reasons besides and they'll become apparent in time.
Also I think the Co-Op model has huge potential for bitcoiners. Since btc can be treated like a commodity Co-Op members can be considered as commodity producers, traders, collectors, etc. A Co-Op exchange, a card for members that can be used at a huge variety of participating stores and paid off monthly using bitcoin or other ... the legal infrastructure is all in place and needs little tweaking for bitcoin. It could easily be like all the well-known Co-Ops of farmers, grocers, etc.
|
|
|
|
I'm sure it would have easier to stop the Nazi's earlier than later .... as long as you keep re-drawing the line they'll keep stepping over it.
atleast they put the effort in to try and control the world... America arnt even doing that there just taking over the world by sending papers to other governments and other governments s**ting themselves and doing what ever there told .... actually as far as I can tell it is just a small group centered in washington and new york ... and the rest of america seems to be too dumb/distrcted/unaware, or sh#ts themselves as you say ... |
|
|
|
|
Private, secure, anonymous ... client-side only key handling ... (pay-for-service using btc?)
|
|
|
|
|
I'm sure it would have easier to stop the Nazi's earlier than later .... as long as you keep re-drawing the line they'll keep stepping over it.
|
|
|
|
Lawsky is the supervisor of all Insurance companies in New York, all New York State-chartered depository institutions and the majority of United States-based branches and agencies of foreign banking institutions. He also regulates all of New York State’s mortgage brokers, mortgage bankers, check cashers, money transmitters, budget planners, and similar providers of financial services.
Lawsky led Governor Andrew Cuomo’s initiative to make the Department of Financial Services, which includes the former New York State Banking and Insurance Departments, into a modern unified financial regulator.
Lawsky’s objectives for the new Department of Financial Services include three main goals—keeping New York on the cutting edge as the financial capital of the world, protecting consumers better than ever before, and serving as a model of efficient government.
Lawsky was Governor Andrew Cuomo's Chief of Staff. Previously, he served as the Deputy Counselor and Special Assistant to then-Attorney General Cuomo. Prior to that, Mr. Lawsky had spent over five years as an Assistant United States Attorney in the Southern District of New York, where he prosecuted white collar crime, organized crime, and terrorism cases.
Wow, this guy sounds like a real shining white knight ... I wonder where he was when AIG (insurance) was running it's goldman sachs multi-billion dollar pass through scam ... and MBIA (insurance) was blowing up the CDO market to tune of $50+ BILLION?? These SEC guys can't get off their porn sites to catch the real criminals ... but wait someone wants to compete with the federal reserve e-debt notes .... " ... we right on it massa ..." |
|
|
|
|
Show Posts
