Bitcoin Forum
February 23, 2019, 06:12:58 AM *
News: Latest Bitcoin Core release: 0.17.1 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: Compliance  (Read 328 times)
bitcreditscc
Hero Member
*****
Offline Offline

Activity: 602
Merit: 500



View Profile
May 16, 2015, 06:57:57 AM
 #1

There is so much noise about compliance, but i want to ask you all a question. Please step back and really assess the situation. Is compliance what we want? Do we want to have the same institutions we have tried to separate from impose regulations on how we are to function?


Do we want the rules we work by to be governed by lobbyist interests? I want you to think how very difficult it has become to establish anything under current systems, be it a company or a money service. those laws used to be simple, but over time, they were complicated and extended and revised and mutated so much that no one person can get it straight. This is the clear future you open us to if you support this "compliance" regime.

I know you think it legitimizes what we do here, but tbh, we did not need it before...why do we need it now? And do you know that the law you are told to comply with, has no hold over the next guy in the thread because he is in another country.

Creating laws for cryptocoins that have no borders is no different from attempts to create an internet government.

1550902378
Hero Member
*
Offline Offline

Posts: 1550902378

View Profile Personal Message (Offline)

Ignore
1550902378
Reply with quote  #2

1550902378
Report to moderator
1550902378
Hero Member
*
Offline Offline

Posts: 1550902378

View Profile Personal Message (Offline)

Ignore
1550902378
Reply with quote  #2

1550902378
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1550902378
Hero Member
*
Offline Offline

Posts: 1550902378

View Profile Personal Message (Offline)

Ignore
1550902378
Reply with quote  #2

1550902378
Report to moderator
1550902378
Hero Member
*
Offline Offline

Posts: 1550902378

View Profile Personal Message (Offline)

Ignore
1550902378
Reply with quote  #2

1550902378
Report to moderator
bathrobehero
Legendary
*
Offline Offline

Activity: 1652
Merit: 1026


ICO? Not even once.


View Profile
May 16, 2015, 07:05:11 AM
 #2

Interesting. I think at the end of the day it will only push towards more decentralization like decentralized exchanges.

RIP Bittrex
RIP Poloniex
Pages: [1]
  Print  
 
Jump to:  

Bitcointalk.org is not available or authorized for sale. Do not believe any fake listings.
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!