Let's Talk Bitcoin! #6 "Cyprus & Serendipity" Big Jeffrey A. Tucker Interview

[mindtomatter]

Thread maintainer switched! 
New thread here https://bitcointalk.org/index.php?topic=206489.0

Thanks!
Adam - Let's talk Bitcoin!

[Frozenlock]

Yay! Just in time for my daily walk!

[mindtomatter]

Looking forward to your feedback

[Frozenlock]

Really enjoyed it!

I'm happy to see (hear) that the long intros were chopped off and that the editing is much less intrusive.

I'm also very pleased with the length, which was exactly the time of my evening walk. 

Looking forward the next one!

[mindtomatter]

I added the RSS feed to http://bitcoins.info/

Is that permanent placement?  Pretty sweet 

[marcus_of_augustus]

Good stuff guys.

Glad you got Bradley Jansen from freebanking.org ... he very aptly spelled out what is going to be the coal face in the regulatory reaction (via the abominable Bank Secrecy Act). Monetary freedom is not going to be a reality until the laws around money and private banking are changed.

[mindtomatter]

Good stuff guys.

Glad you got Bradley Jansen from freebanking.org ... he very aptly spelled out what is going to be the coal face in the regulatory reaction (via the abominable Bank Secrecy Act). Monetary freedom is not going to be a reality until the laws around money and private banking are changed.

Bradley was great, although I don't know how hopeful the future is after that discussion LOL - His big point is that we know what happens if nothing changes, so it's better to have at least a chance by being pro-active in the fight.   I'm not sure if that's good advice or bad but we definitely need to start thinking about it more as a community.

[Gordonium]

Great to see Daily Bitcoin is back in new form. I think you should post infomation about this to Daily Bitcoin thread so that everyone will notice that the name and format of show has slightly changed.

[BTCisthefuture]

Great show as always. New format seems really good.

What a good guest to have on the show, I really enjoyed listening to what he had to say!

Keep up the good work guys!

[mindtomatter]

You should be able to do whatever shaping you might want with the RSS feed

http://feeds.feedburner.com/TheDailyBitcoinShow

[cypherdoc]

what's Stephanies's Ph.D in?

[cypherdoc]

Good stuff guys.

Glad you got Bradley Jansen from freebanking.org ... he very aptly spelled out what is going to be the coal face in the regulatory reaction (via the abominable Bank Secrecy Act). Monetary freedom is not going to be a reality until the laws around money and private banking are changed.

Bradley was great, although I don't know how hopeful the future is after that discussion LOL - His big point is that we know what happens if nothing changes, so it's better to have at least a chance by being pro-active in the fight.   I'm not sure if that's good advice or bad but we definitely need to start thinking about it more as a community.

you never bothered to ask him "who" Fincen is going to prosecute.

[mindtomatter]

Good stuff guys.

Glad you got Bradley Jansen from freebanking.org ... he very aptly spelled out what is going to be the coal face in the regulatory reaction (via the abominable Bank Secrecy Act). Monetary freedom is not going to be a reality until the laws around money and private banking are changed.

Bradley was great, although I don't know how hopeful the future is after that discussion LOL - His big point is that we know what happens if nothing changes, so it's better to have at least a chance by being pro-active in the fight.   I'm not sure if that's good advice or bad but we definitely need to start thinking about it more as a community.

you never bothered to ask him "who" Fincen is going to prosecute.

We talked about it after the show, he didn't know the specifics.

what's Stephanies's Ph.D in?

Not Cryptography   It's escaping me for the moment, she was involved with medical research until recently.

[bitcoinrevelacio]

We talked about it after the show, he didn't know the specifics.

Did he give any nonspecific information not mentioned in the show?

[mindtomatter]

A couple things:

Bradley:

We've beaten back FinCEN a few times.  Google my name and "Know Your Customer" 1997-98.  Also, post-9/11, they went too far and had to rescind and rewrite some MSB regs, etc.  But my main point stands, if the people who like Bitcoin don't wake up and engage, we know what happens.

Me:

Given all the reasons why fiat currency issuing entities should see pervasive bitcoin adoption as the ultimate nightmare scenario, do you really think engaging can even help?     Seems more likely it gets crushed to keep dollar reserve status from threat, and in that case there is no helping the regulators because they view the simple existence as a threat.

If it were me, I'd play the slow game to sucker adventurous consumers in, then swoop in with fast and severe moves designed to cause a panic for the doors with concerns about breaking the law.

Him:

I meant specifically in this case engage with FinCEN and with Congress.  They couldn't even get Ron Paul to hold a hearing or do any oversight of FinCEN.

The people at FinCEN are not unreasonable.  I oppose their mission and don't think it should exist, but they know their mission and they follow it.  They are FAR more approachable than most at Treasury.

After 9/11, the regs forced many small MSB to close, most famously some Somali ones in MN.  Then Sen. Coleman engaged them, and the rule was rewritten.

They aren't doing any of this to stop currency competition or protect the dollar, they're just indiffernt to that collateral damage.

I'm talking to Jon Matonis about providing counterpoint on the next ep.

[mindtomatter]

That's actually a teaser clip from the next episode - I needed to post it for I could get a response from a guy who is currently going through the hurdles to start an exchange, and figured might as well release it on the stream.

[Its About Sharing]

mindtomatter - If you get in touch with Bradley Jansen, can you ask him about accepting donations in Bitcoin at freebanking.org, as they only accept PayPal. That is ironic or a safety thing?

Great podcast by the way.

I'd really like to see something in the way of some recommended donation sites for helping bitcoin out regarding FinCen. Is freebanking.org the best place to start for now?

IAS

[csw]

Great show, looking forward to hear more 

[mindtomatter]

mindtomatter - If you get in touch with Bradley Jansen, can you ask him about accepting donations in Bitcoin at freebanking.org, as they only accept PayPal. That is ironic or a safety thing?

Great podcast by the way.

I'd really like to see something in the way of some recommended donation sites for helping bitcoin out regarding FinCen. Is freebanking.org the best place to start for now?

IAS

I already poked bradley about that, no response on the topic yet.

We're still finding our feet here, Bradley has his perspective but he's definitely an outsider to cryptocurrencies.   I don't have anything I can comfortably recommend to you besides to give you a donation address for myself and tell you I'm building my platform so we can have this conversation in a way that makes sense.  Since that interview went live, I've met two people who are very passionate about educating the US legislature about Bitcoin and helping Bitcoin understand their priorities a little better - We're building the community roundtable to have a quick-reaction force ready with quotes or interview subjects if and when events start moving fast.

1QCpueJJuZbVzKvJ7zFTtFPruQs5dSBHjA

If you're looking for something specific to FinCEN like a legal defense fund or something, I'll have to get back to you once the dust settles.

[charleshoskinson]

Just listened. Great work!