Topic: Reminder: Lawsky promised Bitlicense by the end of May "at the latest" - page 2. (Read 1830 times)
May 29, 2015, 01:15:22 PM
Anyone have twitter?
May 29, 2015, 10:55:06 AM
2 days left - no weekend for him 
May 29, 2015, 10:44:31 AM
I think he's a bad apple tbh, a bit of an extortionist.
Like somebody said above, I think he's made it as complicated as possible & then he's obviously gone and set up this company meaning bitcoin companies will need to hire him to get through all the loopholes to comply with the BitLicense.
Very clever of him tbh, still a scumbag though.
As for the BitLicense who even knows when it's going to be active?
Like somebody said above, I think he's made it as complicated as possible & then he's obviously gone and set up this company meaning bitcoin companies will need to hire him to get through all the loopholes to comply with the BitLicense.
Very clever of him tbh, still a scumbag though.
As for the BitLicense who even knows when it's going to be active?
May 29, 2015, 06:43:51 AM
What would be the best way to publicly shame Lawsky?
Sneak up on him an pull his pants down and shag him infront of his wife?
That'd teach the bugger.
May 29, 2015, 06:00:02 AM
What would be the best way to publicly shame Lawsky?
Sneak up on him an pull his pants down and shag him infront of his wife?
May 29, 2015, 05:58:52 AM
Love it or hate it.......I have a feeling we will see the Bitlicense sooner..... rather than later.
Sure they said jan 2015, but they had yet another round of public comment.... public comment is done now, they are just dotting the i's and crossing the t's.
Sure they said jan 2015, but they had yet another round of public comment.... public comment is done now, they are just dotting the i's and crossing the t's.
May 29, 2015, 05:54:58 AM
What would be the best way to publicly shame Lawsky?
May 29, 2015, 05:40:01 AM
http://www.law360.com/articles/646017/lawsky-says-bitlicense-could-change-to-ease-compliance
http://www.forexminute.com/bitcoin/nydfs-superintendent-benjamin-lawsky-resign-2015-49520
http://insidebitcoins.com/news/nydfs-superintendent-lawsky-to-step-down-early-next-year/26217
Quote
New York Superintendent of Financial Services Benjamin M. Lawsky said that the final BitLicense would be release by the end of May “at the latest.”
http://www.forexminute.com/bitcoin/nydfs-superintendent-benjamin-lawsky-resign-2015-49520
Quote
He previously stated January 2015 to be the month when BitLicense will come into effect.
http://insidebitcoins.com/news/nydfs-superintendent-lawsky-to-step-down-early-next-year/26217
Quote
The man who has been at the center of the bitcoin regulation firestorm is reported to be weeks from relinquishing his post. New York State Department of Financial Services Ben Lawsky will resign in early 2015, according to published reports. (Nov 10, 2014)
He promised it well before that we were looking at early 2015 from what he was saying back end of 2014 iirc. Dont expect much from it but it might give the go ahead for huge investment to come into bitcoin. If we have to create a new currency at a later date for the freedom aspect then so be it.
May 28, 2015, 11:20:24 PM
However I am optimistic since he is starting a firm that advises on digital currencies, so that means the legislation is at least partially positive and he believes there will be a big enough bitcoin market for his firm to be successful.
It means it's probably going to be so complicated and expensive that you'll need to hire him.
Imagine a nice clear pool. Then some crook dumps a ton of shit in it, stirs it up and says he will charge you to help you navigate through it.
Sadist thing is that all the VC and bitcoin public figures that were riding the coat tails of the drug market profits see this as another coat tail to ride
. Bastards.
He's starting a bitcoin business. It's not a wallet or exchange, but a consulting firm and IMO that is very promising that he believes there is a future in being a bitcoin regulation consultant. That means he expects the currency to have future demand and not die off. I agree what he did is shady, create the rules then profit from it.
Doubt it. I'm sure he just thinks these juicy start-ups will pay him large sums a fiat and so will the VC's.
May 28, 2015, 11:15:25 PM
However I am optimistic since he is starting a firm that advises on digital currencies, so that means the legislation is at least partially positive and he believes there will be a big enough bitcoin market for his firm to be successful.
It means it's probably going to be so complicated and expensive that you'll need to hire him.
Imagine a nice clear pool. Then some crook dumps a ton of shit in it, stirs it up and says he will charge you to help you navigate through it.
Sadist thing is that all the VC and bitcoin public figures that were riding the coat tails of the drug market profits see this as another coat tail to ride
. Bastards.
He's starting a bitcoin business. It's not a wallet or exchange, but a consulting firm and IMO that is very promising that he believes there is a future in being a bitcoin regulation consultant. That means he expects the currency to have future demand and not die off. I agree what he did is shady, create the rules then profit from it.
May 28, 2015, 11:03:47 PM
Create regulation while in government, benefit from same regulation after moving to private sector. Tyranny at its finest!
https://en.wikipedia.org/wiki/Regulatory_capture
https://en.wikipedia.org/wiki/Regulatory_capture
May 28, 2015, 11:01:41 PM
However I am optimistic since he is starting a firm that advises on digital currencies, so that means the legislation is at least partially positive and he believes there will be a big enough bitcoin market for his firm to be successful.
It means it's probably going to be so complicated and expensive that you'll need to hire him.
Imagine a nice clear pool. Then some crook dumps a ton of shit in it, stirs it up and says he will charge you to help you navigate through it.
Sadist thing is that all the VC and bitcoin public figures that were riding the coat tails of the drug market profits see this as another coat tail to ride
. Bastards.
May 28, 2015, 10:55:17 PM
I hope its not regulated any time soon. His regulation seems like a scheme for lawyers to make money. How would they even regulate it? Lets say I hire someone to wash my car or cook me dinner, and pay in bitcoins directly to his wallet. How can they even track that? Sure they can look at the blockchain and track things that way. But imagine if millions of people are doing this. How could they possible do it?
May 28, 2015, 10:50:27 PM
When it didn't happen on Wednesday I pretty much wrote it off as not happening this month. He's a liar and he's going to drag this out as his last legacy before he leaves office. However I am optimistic since he is starting a firm that advises on digital currencies, so that means the legislation is at least partially positive and he believes there will be a big enough bitcoin market for his firm to be successful.
May 28, 2015, 10:28:43 PM
http://www.law360.com/articles/646017/lawsky-says-bitlicense-could-change-to-ease-compliance
http://www.forexminute.com/bitcoin/nydfs-superintendent-benjamin-lawsky-resign-2015-49520
http://insidebitcoins.com/news/nydfs-superintendent-lawsky-to-step-down-early-next-year/26217
Quote
New York Superintendent of Financial Services Benjamin M. Lawsky said that the final BitLicense would be release by the end of May “at the latest.”
http://www.forexminute.com/bitcoin/nydfs-superintendent-benjamin-lawsky-resign-2015-49520
Quote
He previously stated January 2015 to be the month when BitLicense will come into effect.
http://insidebitcoins.com/news/nydfs-superintendent-lawsky-to-step-down-early-next-year/26217
Quote
The man who has been at the center of the bitcoin regulation firestorm is reported to be weeks from relinquishing his post. New York State Department of Financial Services Ben Lawsky will resign in early 2015, according to published reports. (Nov 10, 2014)
Jump to: