good podcast link
quite right bitcoin is not money, bitcoin is an asset currency. so does not need "money" transmission licence. the separate entity bitcoin businesses does need BUSINESS regulation. but more of the auditing and consumer protection, rather then useless licences
again agree, we should not be making exchanges copy old traditional ways of central control, we need to move forward so that no one can tweak and make fake trades because we are not using a controlled system
less trust needs to happen. its not about not requiring to vet companies, its about removing less central businesses and being more peer-to peer where its automated code that does the work, not people.
and in cases where people are required, no one should automatically trust people. but to question them and have the mind set of if you cant slap them with a wet fish due to the lack of information to track them, dont trade with them.
