When some are backing away from virtual currencies, NYS "is taking a big step forward." Via @RachelAbramsNY http://nyti.ms/1cuQuy6
.@BenLawsky @RachelAbramsNY @barrysilbert what’s your take on this?
~ https://medium.com/bitcoin-think/cb413c076d85 …
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@c4chaos@BenLawsky:@Beautyon_ conflates anti-speech with AML to protect self-interest (Azteco). Bitlicense for USD<->BTC; not blockchain -
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@bubfranks 1: Azteco is not under US jurisdiction. 2: Bitlicense is not for USD, otherwise it would be a "Bucklicense" not a "Bitlicense". -
@Beautyon_ perhaps@BenLawsky will clarify. Would bitlicense regulate only the interface between USD & BTC? http://www.dfs.ny.gov/about/press2013/virtual-currency-131114.pdf … unclear -
@bubfranks The interface between BTC and anything is the software and services created by entrepreneurs. Regulating that interface is damage
End of conversation
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