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(... scammer scans blockchain looking for a 12BTC address ...)
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Final arrangements with the venue are being made, and our panels and speaker list is growing.
I love it! A conference run by amonymous and M.N.W. Can't wait! Do you have any questions you'd like to ask? Who are you? |
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We go by many accounts here. Including some hero members.
Are you PhinausGage?? |
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BIG NEW: They Rented a Beer Bike for the event!  |
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Final arrangements with the venue are being made, and our panels and speaker list is growing.
I love it! A conference run by amonymous and M.N.W. Can't wait! |
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I had not...  |
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Adam welcome and thanks for the connection to our history. I am looking forward to delving into its past.
In the meantime I'd love to hear your opinion:
Now that Bitcoin has arrive in the public consciousnesses (or more importantly the regulatory radar) what are your thought on our way forward?
If and until is is no longer necessary to move fiat into an out of the bitcoin system I believe we are going to have to be beholden to the laws of our respective lands. However, as you can see in other threads here, the debate rages on between the crypto-(fuck the FED)-anarchists and shall we say those bitcoiners taking a more pragmatic approach. For full disclosure I fall into the latter camp.
I do note endorse regulating the protocol. It works, is secure and is being developed very well (for the most part) thank you very much. But the "regulation" every one is talking about, in my opinion, should be focused on each of our respective governments requirement for converting its fiat between bitcoin and back.
I would be delighted to hear you thoughts.
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It took forever to dig up this post, and I was starting to wonder if I was misremembering having written it: Future Bitcoin services need to be run as if they are illegal enterprises, like Silk Road, even if what they are doing is apparently legal. Why: - Laws change.
- Regulations are vague and open-ended, and it's probably impossible to operate a business without accidentally violating one.
- Even if you do manage to operate without violating any rule law enforcement agencies do not always limit themselves to the letter of the law when deciding to begin an enforcement action.
- Governments are not the only threats to a successful business. Non-governmental organized crime is almost equally capable of extortion.
The solution is to run all services in the darknet, not tied to any physical location or legal jurisdiction, and without any explicit connection to a real-life identity. I don't mean to be a dick but good luck with that justusranvier. |
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And the business in the link you provided is, in my opinion, and according to my research and the attorneys, Money Transmitter Professionals and Anti-Money Laundering Compliance professionals I've spoken with is operating illegally and runs the risk not only of being shut down but also of criminal prosecution.
I know nothing of that business other than what I've read in the referenced thread, but it appears to me that they are providing a listing and escrow service only and not handling or transferring any U.S. dollars. I've also researched this issue quite heavily and I don't see how that activity fits into any of the definitions of "money transmitter" enumerated in the FinCen guidance. Would you mind sharing which part of the guidance / regulations you believe apply to this service? Sure. But maybe we should start another thread. I think we've hijacked TC's enough. |
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justusranvier
I wish it were that easy. Anyone who doesn't understand or who denies how significantly the bitcoin game changed on March 18th is in for a rude awaking.
But again, we are all free to make our choices.
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To be honest this sounds like the same guy or group of guys connected to this business talking to each other.
(I'm just saying.)
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justusranvier Unfortunately this is the regulatory landscape in which we find ourselves today. And the business in the link you provided is, in my opinion, and according to my research and the attorneys, Money Transmitter Professionals and Anti-Money Laundering Compliance professionals I've spoken with is operating illegally and runs the risk not only of being shut down but also of criminal prosecution. But then we are all free to make choices. PS You should read the story of E-Gold. It is easy to make baseless claims and anonymously thump your chest at the government on an internet form and ignore regulation and your responsibilities as a money service business. You should ask Douglas Jackson how that worked out for him. http://www.wired.com/threatlevel/2009/06/e-gold/ |
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That is why we need collective action to begin bitcoin advocacy or to form a self regulating with Bitcoin and Financial industry professionals to interface with regulators and legislators to educate them about the benefits of the protocol. I think there was hope that this was what the bitcoin foundation would be working on. But there seems to be many varying opinions about the foundation and its efforts here on this forum.
Our company has decided to move forward proactively in this area in our own business interest and in the interest of all bitcoiner and bitcoin businesses. If you are interested in joining us please PM me to get involved.
Thanks.
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This is illegal. Mods pls delete and ban user.
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Escrow (unless you are an attorney) is money transmission also.
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