This one should not be skipped!
There is a fascinating precedent set by case law and the long battles over PGP and US "munitions" laws, that gives us a rather clear conclusion on how Bitcoin should be treated by the US government. The short version? Bitcoin is speech, plain and simple, and should be subject to a total of *0* federal or state laws on money transmission, KYC/AML, financial regulations, etc. This is not an opinion, but an objective and clear truth. Listen to a thorough argument from @beautyon_ explaining exactly why.
Don't forget to drop some applause on the original article over at the HackerNoon Medium page:
https://hackernoon.com/why-america-cant-regulate-bitcoin-8c77cee8d794
Below is another excellent article by @beautyon_ we covered recently about Bitcoin, and the nature of system critical software:
https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_254---Bitcoin--Software-Reliability-e46lnu
"A year and a half ago, two years, bitcoin was still a joke. Bitcoin was still something that was very hard for someone legitimate...
What do numerous over-hyped product launches, massively subsidized compute, over extended investment, lack of customer adoption, unwillingness to pay extra, enormous and increasing costs,...
Part 4! Today we finally conclude Nick Szabo's essential work, Shelling Out: The Origins of Money! A critical piece to understanding money, its rich...