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
"These two jobs are almost always in tension. Any added protection to keep a bad actor out adds a risk that it may also...
Listen to the extraordinary history of the Lightning Network stretching back to the beginnings of Bitcoin itself. Link to the article on Bitcoin Magazine:https://bitcoinmagazine.com/articles/history-lightning-brainstorm-beta/...
“People have speculated on what a future with fat protocols will look like. File sharing protocols aren’t exactly the same, but they have a...