Author

Topic: Ben Lawsky doesn't seem that bad? (Read 1079 times)

legendary
Activity: 1764
Merit: 1007
December 23, 2014, 06:15:25 AM
#16
godwin didn't take too long in this thread Cheesy

a stock market that has tripled

as if stock markets ever were faithful indicators of the real economy's performance

cheap money drives bubbles, nothing new to see here, move on
M83
member
Activity: 61
Merit: 10
December 23, 2014, 04:43:45 AM
#15
Hitler probably 'didn't seem that bad' at first  Cheesy. Bit extreme comparison I know, but a lot of people here seem to fear regulation though it is inevitable.
legendary
Activity: 3598
Merit: 2386
Viva Ut Vivas
December 23, 2014, 04:28:57 AM
#14

Him saying something does not equal the written law.

Obama said he would bring Hope and Change in his speeches. He brought socialism and debt.

He also brought the cheapest gas prices in a long time and a stock market that has tripled in the last 5 years. 

Its all his fault.

I am sure when all of the taxes of future generations are going just to pay the interest on the debt they will be happy that gas prices went down for a while due to OPEC losing its stranglehold thanks to shale oil outputs and the dollar lost enough value to prop up the stock market.
full member
Activity: 135
Merit: 100
December 23, 2014, 03:08:21 AM
#13
"He seems to be okay to me."

Totally not the point at issue. The US government's overreach now pretty much
prevents Americans having an account in a foreign bank. These banks just do not
want the hassle of dealing with US.gov, just by way of an example. 

If the regulation goes through as presently proposed, there is no way I would buy
or trade Bitcoin with any NYC company, and perhaps any US entity. You Americans
are crazy to even think this can be done.
 
BCB
vip
Activity: 1078
Merit: 1002
BCJ
December 22, 2014, 11:41:18 PM
#12
I think the term "virtual currency" came into the popular parlance with the April 2013 FinCEN guidance and other agencies and the media picked up the terminology.  I do recall hearing on a youtube video of the NYS Bitlicense hearings or reading somewhere where Lawsky did acknowledge that some in the continuity prefer the term "digital" as opposed to "virtual." 

I think the industry  as a whole is pushing to popularize the term "blockchain technology" to diminish the focus on bitcoin as a currency.
full member
Activity: 164
Merit: 126
Amazing times are coming
December 22, 2014, 11:33:10 PM
#11
It seems that Ben Lawsky didn't read the bitcoin foundation comments because he still speaks about "virtual" currencies instead of "digital" currencies.
BCB
vip
Activity: 1078
Merit: 1002
BCJ
December 22, 2014, 11:14:56 PM
#10
My bet is Ben Lawsky announces he's joined a virtual currency company in the new year.
member
Activity: 112
Merit: 10
December 22, 2014, 11:11:27 PM
#9

Him saying something does not equal the written law.

Obama said he would bring Hope and Change in his speeches. He brought socialism and debt.

He also brought the cheapest gas prices in a long time and a stock market that has tripled in the last 5 years. 

Its all his fault.
sr. member
Activity: 420
Merit: 250
December 22, 2014, 12:31:42 PM
#8
Some people on here completely troll on him but I listened to this Youtube video about him explaining the new regulations.  He seems to be okay to me. 

Of course I would want Bitcoin to be completely unregulated, but that just isn't realistic.  We all know that the government is going to be monitoring and taxing this somehow.  From his actions so far, it seems reasonable and it seems like he is trying to work with Bitcoin but also do his job. 

https://www.youtube.com/watch?v=dvlmN1wb9jY

He really doesn't seem that bad.  Educated as well.   He wants to get the Banks involved in this.   This is going to be a long time away though.
legendary
Activity: 3598
Merit: 2386
Viva Ut Vivas
December 22, 2014, 12:17:36 PM
#7
I hear the chains he plans on placing around our necks will be padded Smiley

Quite considerate I must say.
legendary
Activity: 3598
Merit: 2386
Viva Ut Vivas
December 22, 2014, 11:03:59 AM
#6
Some people on here completely troll on him but I listened to this Youtube video about him explaining the new regulations.  He seems to be okay to me. 

Of course I would want Bitcoin to be completely unregulated, but that just isn't realistic.  We all know that the government is going to be monitoring and taxing this somehow.  From his actions so far, it seems reasonable and it seems like he is trying to work with Bitcoin but also do his job. 

https://www.youtube.com/watch?v=dvlmN1wb9jY
Obama said he would bring Hope and Change in his speeches. He brought socialism and debt.
Turn off Fox news, you sound like an assclown.

I don't have access to Fox News. Only CNN and BBC.
donator
Activity: 1419
Merit: 1015
December 22, 2014, 10:52:34 AM
#5
"This bill and the foregoing remarks of the majority remind me of an old Arabian proverb: 'If the camel once gets his nose in the tent, his body will soon follow.' If adopted, the legislation will mark the inception of aid, supervision, and ultimately control of education in this country by the federal authorities." -- Senator Barry Goldwater, 1958

I see no reason Bitcoin regulation would somehow be immune to a history of governmental violations on privacy, free use, and cryptographic sovereignty.
hero member
Activity: 784
Merit: 1000
https://youtu.be/PZm8TTLR2NU
December 22, 2014, 10:49:20 AM
#4
Some people on here completely troll on him but I listened to this Youtube video about him explaining the new regulations.  He seems to be okay to me. 

Of course I would want Bitcoin to be completely unregulated, but that just isn't realistic.  We all know that the government is going to be monitoring and taxing this somehow.  From his actions so far, it seems reasonable and it seems like he is trying to work with Bitcoin but also do his job. 

https://www.youtube.com/watch?v=dvlmN1wb9jY
Obama said he would bring Hope and Change in his speeches. He brought socialism and debt.
Turn off Fox news, you sound like an assclown.
legendary
Activity: 1764
Merit: 1007
December 22, 2014, 10:36:14 AM
#3
The water doesn't seem to be that hot, says the frog.
legendary
Activity: 3598
Merit: 2386
Viva Ut Vivas
December 22, 2014, 09:45:20 AM
#2
Some people on here completely troll on him but I listened to this Youtube video about him explaining the new regulations.  He seems to be okay to me. 

Of course I would want Bitcoin to be completely unregulated, but that just isn't realistic.  We all know that the government is going to be monitoring and taxing this somehow.  From his actions so far, it seems reasonable and it seems like he is trying to work with Bitcoin but also do his job. 

https://www.youtube.com/watch?v=dvlmN1wb9jY

Him saying something does not equal the written law.

Obama said he would bring Hope and Change in his speeches. He brought socialism and debt.
member
Activity: 112
Merit: 10
December 22, 2014, 09:41:55 AM
#1
Some people on here completely troll on him but I listened to this Youtube video about him explaining the new regulations.  He seems to be okay to me. 

Of course I would want Bitcoin to be completely unregulated, but that just isn't realistic.  We all know that the government is going to be monitoring and taxing this somehow.  From his actions so far, it seems reasonable and it seems like he is trying to work with Bitcoin but also do his job. 

https://www.youtube.com/watch?v=dvlmN1wb9jY
Jump to: