If it all goes underground we are looking at a lot less growth in innovation, jobs etc.
Bitcoin would be stronger for it in the long term. 
Topic: NY just announced a MANDATORY Bitcoin license - if this concerns you sign this. - page 7. (Read 10627 times)
February 12, 2014, 09:20:18 AM
February 12, 2014, 08:22:14 AM
If the regulation of Bitcoin concerns you, please sign this letter to regulator Ben Lawsky
http://bitcoinfinancialassociation.org/regulation/
I thought the whole point was to get Bitcoin finally regulated
There are different opinions. I, for one, do not want bitcoin to get regulated, at least not the way most people want.
As someone put well. Gov can control the exits, but what people do inside the cryptocurrency ecosystems will be impossible to regulate.
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February 12, 2014, 08:11:49 AM
If the regulation of Bitcoin concerns you, please sign this letter to regulator Ben Lawsky
http://bitcoinfinancialassociation.org/regulation/
I thought the whole point was to get Bitcoin finally regulated
There are different opinions. I, for one, do not want bitcoin to get regulated, at least not the way most people want.
Regulation in some form will come whether people like it or not. Governments aren't gonna sit back and let people launder it freely. They'll expect their cut somewhere down the line.
February 12, 2014, 08:05:32 AM
Prudent state regulation it the next necessary step in the evolution of decentralized virtual currency.
+1 for a New York BitLicense.
+1 for a New York BitLicense.
February 12, 2014, 08:01:00 AM
the NY guys are only PLANNING to licence businesses that convert bitcoins to dollars. the regulation will remain at the FIAT gateways. this is not bitcoin regulation, this is FIAT regulation
We should be supporting it if this is the case (unless they do something really strange). February 12, 2014, 08:00:19 AM
Should vote the governments in NY and California out.
All they do is make more rules and restrict the freedom.
This is only the beginning. These people are just treading the waters. Checking our response and restricting slowly and slowly by desensitizing us.
They probably have a 4 year plan to control and regulate bitcoins.
All they do is make more rules and restrict the freedom.
This is only the beginning. These people are just treading the waters. Checking our response and restricting slowly and slowly by desensitizing us.
They probably have a 4 year plan to control and regulate bitcoins.
February 12, 2014, 07:57:00 AM
the NY guys are only PLANNING to licence businesses that convert bitcoins to dollars. the regulation will remain at the FIAT gateways. this is not bitcoin regulation, this is FIAT regulation
February 12, 2014, 07:41:15 AM
Oh yeah, don't get me wrong, I understand well exactly how much damage it will cause but there's always a part of me that wants them to push these kind of bullshit laws through so people realise just what scumbags these people are.
February 12, 2014, 07:31:38 AM
A mandatory Bitcoin license? Ooooooo scary 
and just how are they going to enforce this? ^_^
p.s. They can't, everyone in America would just start renting virtual private servers and you'd have companies outside the U.S specifically offering these services in return for Bitcoins and they'd simply move everything overseas
and just how are they going to enforce this? ^_^ p.s. They can't, everyone in America would just start renting virtual private servers and you'd have companies outside the U.S specifically offering these services in return for Bitcoins and they'd simply move everything overseas
Don't underestimate the difficulties which can be caused by men who command over those with badges, guns, cages an army of lawyers and a near unlimited faucet of taxpayer dollars.
Bitcoin regulation can be very very bad ....affecting companies like Bitpay, Coinbase, all new startups, venture capital investment in the space, public perception etc.
If it all goes underground we are looking at a lot less growth in innovation, jobs etc.
February 12, 2014, 07:26:31 AM
A mandatory Bitcoin license? Ooooooo scary and just how are they going to enforce this? ^_^
p.s. They can't, everyone in America would just start renting virtual private servers and you'd have companies outside the U.S specifically offering these services in return for Bitcoins and they'd simply move everything overseas
and just how are they going to enforce this? ^_^ p.s. They can't, everyone in America would just start renting virtual private servers and you'd have companies outside the U.S specifically offering these services in return for Bitcoins and they'd simply move everything overseas
February 12, 2014, 07:23:27 AM
Show where this "New York announcement" is, instead of posting something that's immediately asking speculators personal information, please.
It's all over the news, Bloomberg, Reuters etc.
http://www.reuters.com/article/2014/02/11/us-usa-bitcoin-idUSBREA1A20X20140211
Online petitions are extremely common and this hardly asks anything which would be a concern to most....simply name and city.
If it concerns you that's fine -- but you can easily verify who I am as the original author - I don't think there is a security risk by people signing this.
February 12, 2014, 07:17:34 AM
If the regulation of Bitcoin concerns you, please sign this letter to regulator Ben Lawsky
http://bitcoinfinancialassociation.org/regulation/
I thought the whole point was to get Bitcoin finally regulated
It all comes down to "how" it will be regulated. It might be a good thing or it might be the worst that happened to bitcoin.
February 12, 2014, 07:16:10 AM
If the regulation of Bitcoin concerns you, please sign this letter to regulator Ben Lawsky
http://bitcoinfinancialassociation.org/regulation/
I thought the whole point was to get Bitcoin finally regulated
There are different opinions. I, for one, do not want bitcoin to get regulated, at least not the way most people want.
February 12, 2014, 07:15:51 AM
This is sketchy, asking for all this personal information??
It only asks for your name and city.
It's standard for online petitions.
We will present the letter with all signatures to Superintendent Lawsky....signatures without a name or city are not influential.
I also personally disclose my own name and info as the op.
February 12, 2014, 07:12:47 AM
Show where this "New York announcement" is, instead of posting something that's immediately asking speculators personal information, please.
February 12, 2014, 07:09:31 AM
Do NOT DIVULGE ANY PERSONAL INFORMATION Before investigating where it will go, of course! #Protip
This is NOT safe!
This is NOT safe!
February 12, 2014, 07:07:28 AM
If the regulation of Bitcoin concerns you, please sign this letter to regulator Ben Lawsky
http://bitcoinfinancialassociation.org/regulation/
I thought the whole point was to get Bitcoin finally regulated
February 12, 2014, 07:00:32 AM
If the regulation of Bitcoin concerns you, please sign this letter to regulator Ben Lawsky
http://bitcoinfinancialassociation.org/regulation/
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