Is BitLicense A Good Thing? - page 2.

kfarnan

newbie

Activity: 28

Merit: 0

Quote from: MicroGuy on June 25, 2015, 11:03:56 PM

Quote from: Huobi-USD on June 25, 2015, 10:54:22 PM

What do you think of it? Do you believe in such thing as BitLicense?

The regulatory environment is basically a mirror of the collective consciousness. Any and all regulation is a product of fear. Thus, there is a fear of bitcoin prevalent in society. So I think BitLicense can be solved by educating the public, since educating the public will reduce fear.

The fear only stems from the very few who stand to lose their control. Aka, the gov. More education is also needed.

Valanor

sr. member

Activity: 252

Merit: 250

Look My eyes

some people not agree that bitlicense because may be New York Wants Bitcoin Services to Spy on Users
The State of New York is proposing a "BitLicense" for people creating and innovating around virtual currencies like Bitcoin. It’s bad news for privacy and free speech. But we have a chance to change the proposal or even stop it altogether. Send a letter to the New York Department of Financial Services today.

also we can participate to reject this progam with her

https://act.eff.org/action/stop-the-bitlicense

kfarnan

newbie

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Canada looks pretty good right now... Roll Eyes

MicroGuy

legendary

Activity: 2506

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Twitter @realmicroguy

Quote from: Huobi-USD on June 25, 2015, 10:54:22 PM

What do you think of it? Do you believe in such thing as BitLicense?

The regulatory environment is basically a mirror of the collective consciousness. Any and all regulation is a product of fear. Thus, there is a fear of bitcoin prevalent in society. So I think BitLicense can be solved by educating the public, since educating the public will reduce fear.

subSTRATA

legendary

Activity: 1288

Merit: 1043

:^)

Quote from: Huobi-USD on June 25, 2015, 10:54:22 PM

New York state's BitLicense has forced several companies to run their business “secretly”. Some even say that BitLicense is actually dangerous to consumers. What do you think of it? Do you believe in such thing as BitLicense?

http://motherboard.vice.com/en_ca/read/the-canadian-senate-announced-its-bitcoin-report-in-a-totally-appropriate-way

instead of bitlicense, I would much rather like to see the US follow canada's lead in simply deciding that bitcoin should be unregulated.

Huobi-USD

full member

Activity: 133

Merit: 100

New York state's BitLicense has forced several companies to run their business “secretly”. Some even say that BitLicense is actually dangerous to consumers. What do you think of it? Do you believe in such thing as BitLicense?

Topic: Is BitLicense A Good Thing? - page 2. (Read 2450 times)