Bitcoin Forum
December 18, 2017, 09:41:01 AM *
News: Latest stable version of Bitcoin Core: 0.15.1  [Torrent].
 
   Home   Help Search Donate Login Register  
Pages: [1]
  Print  
Author Topic: [2017-09-01] Bitcoin Foundation wants Department of Justice investigated  (Read 5576 times)
bbc.reporter
Hero Member
*****
Offline Offline

Activity: 588



View Profile
September 01, 2017, 01:46:27 AM
 #1

This is what the Bitcoin Foundation was supposed to do from the very beginning. It should be on the foreground in protecting bitcoin users from a government that desires to imprison them and to discourage its use. I hope they continue to take this progression.



In a letter [PDF] to the Senate Judiciary Committee, Llew Claasen, the foundation's executive director, expressed opposition to Section 13 of the "Combating Money Laundering, Terrorist Financing and Counterfeiting Act of 2017" (S 1241).

That portion of the proposed law – introduced in May by Senators Chuck Grassley (R‑IA), Dianne Feinstein (D‑CA), John Cornyn (R‑TX) and Sheldon Whitehouse (D‑RI) – would extend record keeping requirements, used to track money laundering, to "digital currencies."

Claasen contends that Bitcoin isn't really money, at least in the sense contemplated by the bill, and thus should not be treated as such. "Bitcoin lacks the characteristic of monetary instruments or financial products which S 1241's Section 13 attempts to regulate," he wrote.

Conflicting views among state and federal agencies on how digital currencies should be regulated, Claasen insists, mean additional research should be undertaken before Congress passes laws affecting Bitcoin and its ilk.


Read the full article https://www.theregister.co.uk/2017/08/31/bitcoin_foundation_wants_doj_investigated/

1513590061
Hero Member
*
Offline Offline

Posts: 1513590061

View Profile Personal Message (Offline)

Ignore
1513590061
Reply with quote  #2

1513590061
Report to moderator
1513590061
Hero Member
*
Offline Offline

Posts: 1513590061

View Profile Personal Message (Offline)

Ignore
1513590061
Reply with quote  #2

1513590061
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1513590061
Hero Member
*
Offline Offline

Posts: 1513590061

View Profile Personal Message (Offline)

Ignore
1513590061
Reply with quote  #2

1513590061
Report to moderator
1513590061
Hero Member
*
Offline Offline

Posts: 1513590061

View Profile Personal Message (Offline)

Ignore
1513590061
Reply with quote  #2

1513590061
Report to moderator
1513590061
Hero Member
*
Offline Offline

Posts: 1513590061

View Profile Personal Message (Offline)

Ignore
1513590061
Reply with quote  #2

1513590061
Report to moderator
BTCLuke
Hero Member
*****
Offline Offline

Activity: 524


My other Avatar is also Scrooge McDuck


View Profile WWW
September 01, 2017, 04:42:06 AM
 #2

Nice! I'd love to see the foundation rise from the ashes doing this kind of stuff.

Luke Parker
Journalist, BraveNewCoin
theochino
Member
**
Offline Offline

Activity: 91

Bitcoiner ....


View Profile WWW
September 01, 2017, 06:44:16 PM
 #3

We need to pass this Petition everywhere.

https://www.change.org/p/members-of-the-united-states-senate-don%CA%BCt-criminalize-bitcoin-and-other-cryptocurrencies

theochino
Member
**
Offline Offline

Activity: 91

Bitcoiner ....


View Profile WWW
September 04, 2017, 02:27:19 PM
 #4

These are the guys that we are fighting for:
- http://www.futuretechpodcast.com/podcasts/top-local-bitcoin-trader-morpheus-titania-his-story (Morpheus Titiana aka Thomas Costanzo.)
- https://www.youtube.com/watch?v=9pX7IQ6UOVM (Randall Lord.)

Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!