This BitLicense was the stupiest thing the state of New York could have made.
That license is only good for stifling innovation in this area.Many crypto companies showed it's back and left this area.
I'm pretty sure in a few years NY will regret this decision.
We'll see in a few week as the New York Departement of Financial Services will have to explain in front of Justice Billings how they found the authority to regulate bitcoin.
The trial is at the at the New York State Supreme Court on
3/16/2017 @ 9:30 am.For those interested to listen to the Oral Arguments on the Status of the Bitlicense
Come on @ 8:30 am -
http://meetu.ps/e/CycxN/nndL/aif people are tipping to help the lawsuit; I would love some tips to continue and take the bitlicense all the way to the US supreme court: 1EW7ESwvS3yGesSbP8G5ULsHYmy5pykeCG
A meetup where they will explain the basic:
Paper Review; Bitcoin: A Peer-to-Peer Electronic Cash System 3/9/2017 @ 7:00 pm
http://meetu.ps/e/CxT97/nndL/aA meetup where they will explain advanced topic:
Socratic Seminar 66 (Food Sponsored by PWC) 3/14/2017 @ 7:00 pm
http://meetu.ps/e/CwdKj/nndL/aAnd the Court Case:
Oral Arguments on the Status of the Bitlicense 3/16/2017 @ 8:30 am
http://meetu.ps/e/CycxN/nndL/aThe website of lawsuit:
http://www.article78againstNYDFS.com