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Topic: Is New York Going too far? - page 4. (Read 5453 times)

donator
Activity: 1736
Merit: 1014
Let's talk governance, lipstick, and pigs.
August 12, 2013, 10:22:17 PM
#13
America is crazy. The Bitcoin witch hunt could get interesting. They may even make a reality tv show that hunts down bitcoin miners.

Hey I would watch that!
Hosted by Charles Schumer who gives up his political ambitions to combat the evil scourge of Bitcoin, "Coin Hunters" takes to the streets. Dressed in full tactical gear, they search for high electric bills in search of these high tech addicts suffering delusions of grandeur about "changing the system." Sundays 10p/9p on FOXXXXXXXXXXX.
hero member
Activity: 658
Merit: 500
August 12, 2013, 09:47:39 PM
#12
Best to register your company where the country's policies is pro-Bitcoin, you have less of such risks

I think this is a good stratedgy to Jeannie, but if you are doing business on the ground, your a small business doing transactions offline. would register your company in a pro-bitcoin company.

Or should New yorkers go on regular roadtrips to canada for transactions?

Smiley
legendary
Activity: 1666
Merit: 1057
Marketing manager - GO MP
August 12, 2013, 09:45:15 PM
#11
America is crazy. The Bitcoin witch hunt could get interesting. They may even make a reality tv show that hunts down bitcoin miners.

Hey I would watch that!
legendary
Activity: 1540
Merit: 1000
August 12, 2013, 09:43:36 PM
#10
The ironic thing is that in regards to Bitcoin even the people who deal in it won't be able to tell the companies who they're dealing with because of the way Bitcoin works the only information they could give was on people who dealt in paper money which would only make people use Bitcoin more.
hero member
Activity: 574
Merit: 500
August 12, 2013, 08:58:11 PM
#9
As you may be aware, today's news: http://www.talkgold.com/forum/r398092-.html

Do you think this is going too far?  Will other States follow in their footsteps.  On one hand I do think that the whole drug issues around Bitcoin may be hurting those using it legitimately.

They aren't persecuting, they're simply asking if the companies are complying with regulations. Since NY SEC charged pirateat40, you would expect a lot more attention. People asked for gov to intervene, so here you go.

member
Activity: 98
Merit: 10
August 12, 2013, 08:14:43 PM
#8
Best to register your company where the country's policies is pro-Bitcoin, you have less of such risks
donator
Activity: 1736
Merit: 1014
Let's talk governance, lipstick, and pigs.
August 12, 2013, 08:12:55 PM
#7
Regulation is necessary or else society will descend into chaos.  The important thing to understand is that the bitcoin economy can be regulated but the core protocol and currency itself cannot be controlled.  It will be impossible for governments to manipulate the currency as they do with fiat, essentially limiting their power.  This is necessary.
Governments always take that extra rope.
hero member
Activity: 622
Merit: 500
August 12, 2013, 08:07:49 PM
#6
Regulation is necessary or else society will descend into chaos.  The important thing to understand is that the bitcoin economy can be regulated but the core protocol and currency itself cannot be controlled.  It will be impossible for governments to manipulate the currency as they do with fiat, essentially limiting their power.  This is necessary.
member
Activity: 60
Merit: 10
August 12, 2013, 07:35:07 PM
#5
As you may be aware, today's news: http://www.talkgold.com/forum/r398092-.html

Do you think this is going too far?  Will other States follow in their footsteps.  On one hand I do think that the whole drug issues around Bitcoin may be hurting those using it legitimately.

They've asked for information, that's all. Regulators are still trying to learn and understand about bitcoin.
legendary
Activity: 1512
Merit: 1049
Death to enemies!
August 12, 2013, 07:13:34 PM
#4
If you base your company in North Korea then you really can't whine when all your rights are stripped away by a bunch of demagogues.
NorthYork Korea? With the exception than in real North Korea the Bitcoin might be more free than in most democratic country in world.
donator
Activity: 1736
Merit: 1014
Let's talk governance, lipstick, and pigs.
August 12, 2013, 06:47:45 PM
#3
America is crazy. The Bitcoin witch hunt could get interesting. They may even make a reality tv show that hunts down bitcoin miners.
sr. member
Activity: 364
Merit: 250
August 12, 2013, 05:33:39 PM
#2
If you base your company in North Korea then you really can't whine when all your rights are stripped away by a bunch of demagogues.
full member
Activity: 324
Merit: 100
August 12, 2013, 05:31:13 PM
#1
As you may be aware, today's news: http://www.talkgold.com/forum/r398092-.html

Do you think this is going too far?  Will other States follow in their footsteps.  On one hand I do think that the whole drug issues around Bitcoin may be hurting those using it legitimately.
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