This crazy broad law means the FBI can put you in jail for 5 years anytime they don't like your business. Nearly every version of bitcoin business exposes its principles to 5 years of jail on the whim of the FBI.
https://coincenter.org/2015/07/does-18-u-s-c-%C2%A7-1960-create-felony-liability-for-bitcoin-businesses/
If you are going to start a bitcoin business in the US, it better be loved by Uncle Sam, the church and everybody - or you are going to jail.
It is no wonder Wences, Vik Buterin, and hundreds of others have packed it in and left for Zug Switzerland. The Fed is truly going to run all bitcoin innovation out of the US. They already have a very good head start on that.
