Topic: BurtW arrested (update: charges dropped!) - page 25. (Read 74714 times)

Yes, bitcoin is legal in the USA, but NO you don't need a license to buy or sell btc in "bulk" and NO you don't need to keep records.   You can buy and or sell every single btc in a single transaction and not need a license to do so.   The license requirement has more to do with your intended interaction with the public.   You don't have to buy or sell a single btc to need a license to offer to buy or sell btc to the public.  


As for the licenses issued to paypal, those are state licenses that would be a secondary license, the primary license and main subject of this case/thread is the federal license.
As indicated in this thread other licenses may also be requires like: county, and city depending on where you plan to do business.

Most of the stings are being conducted by the feds, although fl did one not too long ago.

Penalties
(2) A person who acts as an agent of an unlicensed person required to be licensed by part 1 of this article
knowing the unlicensed person does not hold such license commits a class 2 misdemeanor and shall be
punished as provided in section 18-1.3-501, C.R.S.

They are ABSOLUTELY at HIGH risk of getting caught in fed sting, sadly too many have the 'it won't happen to me' mentality.

Personal vs Business use - You don't need a license to buy or sell bitcoins anyplace in the US, the license is to buy, sell, trade, or otherwise use them for a fee, or for multiple employers, or as a business. 

If you don't know if you are suppose to be licensed, get it anyway, or ask govt (www.fincen.gov) if you need the lic.    The people who issue the license are the same ones who issue the complaints, make the arrests, and seek to punish offenders.

Just get the license:  

If you charge a fee to someone to deal with money, you probably need a license
if you have a store front, or website that presents you as a "professional" money guy, you probably need a license
if you hold someone's money for a fee, you probably need a license
if you give advice for a fee, you probably need a license
if you call it a business, if you feel like you are in business, if you want to be in business, and that business has to do with getting money for handing money for more than one "employer" you probably need a license

Yes, the govt is using localbitcoin to STING whoever they can sting.  If you use that service make it personal or get a license.  If you charge a fee get a license.  If you do it so often that you OBVIOUSLY are in business, get a license.  If you are doing big enough deals to say to yourself -- "wow, I could do this for a living", get a license.

Then when the sting comes your way they will see your license and buzz-off.


https://bitcointalksearch.org/topic/burtw-arrested-update-charges-dropped-934268

They are ABSOLUTELY at HIGH risk of getting caught in fed sting, sadly too many have the 'it won't happen to me' mentality.

The testimony was disturbing, and I believe it.

To make it a little easier for people to find it, I took their testimony (slightly edited to under 9 minutes, removing pauses, cross talk, and prompting) and made it into a youtube video.

https://www.youtube.com/watch?v=lKGWpykL_78

It's (well past) time people woke up to what our country has become.

The parts in red read like you are either Bert's wife or a proxy for her.   Up to now no one really viewed this from that perspective, and I seriously doubt the notion will find legs.  The agencies may be greedy and some actors may have acted out of greed, but based on the greed argument the agencies needed 1 body each to stake their share-claim on the $200K pot; yet there was 35 LEOs present, the action is inconsistent with the conspiracy being IN LARGE PART based on, or provoked by, greed. 

The testimony was disturbing, and I believe it.

To make it a little easier for people to find it, I took their testimony (slightly edited to under 9 minutes, removing pauses, cross talk, and prompting) and made it into a youtube video.

https://www.youtube.com/watch?v=lKGWpykL_78

It's (well past) time people woke up to what our country has become.

what matters most is how the custodians of his life view him, their belief will determine in large part their actions.  

https://soundcloud.com/jbreher-free/co-ga-sen-jud-comm-20150225-hr

What's This? Not much - just the Proceedings of the Colorado General Legislative Assembly: Senate Judiciary Committee: 2015 Feb 25: Hearing on SB-006 - on limiting the negative effects and unbridled application of so-called 'civil forfeiture' (AKA legalistic theft on the part of the state against its citizens) - the first hour thereof.

Why the heck would I be posting this here?

Starting at time 34:30, there is some testimony all y'all might find interesting.

It seems that, on 2015 Feb 25, in official testimony before the Colorado Senate Judiciary Committee, Jean Wagner (BurtW's wife) and Zoe Wagner (BurtW's daughter) testified in a hearing related to consideration of a bill. A bill sponsored by CO Senator Laura Woods (SD19) - Concerning limitations on forfeiture actions.

I'll say it again. The 35 gestapoans, arms drawn, and in full battle dress, did not arrive on flying donkeys.

I'll say it again. The 35 gestapoans, arms drawn, and in full battle dress, did not arrive on flying donkeys.

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