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Author Topic: 2014-01-28 Bitcoin : Yesterday's Arrest Shows The Laws On The Books Work Fine  (Read 653 times)
freedomno1
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January 29, 2014, 04:44:56 AM
 #1

http://www.businessinsider.com/new-york-bitcoin-hearings-wrap-2014-1

It is no longer a question of if but how New York plans to regulate virtual currencies.
Luckily for their most passionate evangelists, the head of the state's financial regulatory body believes they could hold great promise, despite their evident potential for facilitating crimes.

Following the first of two days' worth of hearings on how state law might treat Bitcoin, Litecoin and their digital cousins, New York Department of Financial Services Superintendent Benjamin Lawsky admitted to reporters he'd initially been quite wary of them, but that he's since come around to their possible usefulness.

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January 29, 2014, 04:58:24 AM
 #2

Will he get a fine or go to jail?

freedomno1
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January 29, 2014, 05:13:34 AM
 #3

Will he get a fine or go to jail?

Not the correct question this was a press post from the New York City Regulators

Part 1 Video
NYDFS Public Hearing on Virtual Currencies, Panel 1
http://www.youtube.com/watch?v=aPXBdJtJPsg
Part 2 Video
New York Public Hearing on Virtual Currencies, Panel 2
http://www.youtube.com/watch?v=4OEJiWhCOEk

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January 29, 2014, 07:41:05 AM
 #4

Will he get a fine or go to jail?

Not the correct question this was a press post from the New York City Regulators

Part 1 Video
NYDFS Public Hearing on Virtual Currencies, Panel 1
http://www.youtube.com/watch?v=aPXBdJtJPsg
Part 2 Video
New York Public Hearing on Virtual Currencies, Panel 2
http://www.youtube.com/watch?v=4OEJiWhCOEk


Thanks a lot for sharing video with us. Much appreciated!

He's Nick Sazbo from Washington. I've my answer. Or Hal? :O
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January 30, 2014, 03:19:10 AM
 #5

They work fine at enabling persecution of victimless actions that wouldn't be crimes under a system of government that actually respected human rights instead of being totalitarian.

Saying that you don't trust someone because of their behavior is completely valid.
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