I interpreted this was that they would actually want to regulate how trade is done on the exchanges, which I don't think is a good idea.
This is pretty vague. Is there something in particular you have a problem with?
Topic: Should Peter Vessenes resign as the Executive Director for Bitcoin Foundation ? - page 13. (Read 24387 times)
April 15, 2013, 11:10:22 PM
This is pretty vague. Is there something in particular you have a problem with?
April 15, 2013, 11:09:12 PM
I disagree with the claim it's the worst thing he ever said, or that this is even bad. It sounds like he is doing his job. Those who find fault with him making a statement like that have a limited view of the way business and politics works.
April 15, 2013, 11:05:11 PM
You need to realize that there is some distance between regulation of fiat->BTC and vice versa and regulation of bitcoin itself. He is referring entirely to the former, not the latter. You would be silly to not want regulation of the exchanges and such, it is the only real way to bring legitimacy.
Exchanges need to pay attention to the laws in their jurisdictions, or else they would be unable to operate. But how I interpreted this was that they would actually want to regulate how trade is done on the exchanges, which I don't think is a good idea.
April 15, 2013, 11:03:06 PM
You need to realize that there is some distance between regulation of fiat->BTC and vice versa and regulation of bitcoin itself. He is referring entirely to the former, not the latter. You would be silly to not want regulation of the exchanges and such, it is the only real way to bring legitimacy.
April 15, 2013, 10:56:26 PM
https://bitcointalksearch.org/topic/bitcoin-anarchy-in-need-of-some-rules-ny-post-176921
http://www.nypost.com/p/news/business/bitcoin_anarchy_in_need_of_some_zTFr06G6IWEWYp3OSvJ99L
“We’d be happy to be regulated,” said Vessenes, who also is with the Bitcoin Foundation, an organizing body. “There is no self-regulatory organization for these. It’s pre-regulated right now, but we’re not anti-regulation.”
Who is this guy, flying to Japan, negotiating MtGox into giving up their US and Canadian customer base, and then he goes straight into bed with the authorities, slowly pulling us with the legs into exact the same broken system we're intending to leave ?
It's time for the community to decide what we want. Bitcoin shall not be governed by the US.
Peter Vessenes, how dare he speak for Bitcoin, the decentralized network. If he's happy to be regulated, then he at least should discuss this with the community first. This is really disrespectful towards the community, and it is against the spirit of freedom and lack of regulation that is Bitcoin.
“We’d be happy to be regulated,” said Vessenes
^^ This is the worst thing that man has ever said, I had some hard questions for him earlier on, which he choose to never respond to
He hasn't even posted in this forum since March 19. And ignored a hell of a lot of questions asked to him.
What kind of shady deals are going on in the background here ? Also MtGox is discontinuing USD redeemable codes, or else they would face consequences. Consquences by who, and who delivered the message. I don't like this development at all.
Let us see what the community thinks.
http://www.nypost.com/p/news/business/bitcoin_anarchy_in_need_of_some_zTFr06G6IWEWYp3OSvJ99L
“We’d be happy to be regulated,” said Vessenes, who also is with the Bitcoin Foundation, an organizing body. “There is no self-regulatory organization for these. It’s pre-regulated right now, but we’re not anti-regulation.”
Who is this guy, flying to Japan, negotiating MtGox into giving up their US and Canadian customer base, and then he goes straight into bed with the authorities, slowly pulling us with the legs into exact the same broken system we're intending to leave ?
It's time for the community to decide what we want. Bitcoin shall not be governed by the US.
Peter Vessenes, how dare he speak for Bitcoin, the decentralized network. If he's happy to be regulated, then he at least should discuss this with the community first. This is really disrespectful towards the community, and it is against the spirit of freedom and lack of regulation that is Bitcoin.
“We’d be happy to be regulated,” said Vessenes
^^ This is the worst thing that man has ever said, I had some hard questions for him earlier on, which he choose to never respond to
He hasn't even posted in this forum since March 19. And ignored a hell of a lot of questions asked to him.
What kind of shady deals are going on in the background here ? Also MtGox is discontinuing USD redeemable codes, or else they would face consequences. Consquences by who, and who delivered the message. I don't like this development at all.
Let us see what the community thinks.
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