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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
To think of the value of a global, jurisdiction-less, "money-for-enemies" network as nothing more than the result of how many transactions it can do...
The conclusion of the epic "Human Threat Model," by @jwweatherman. An exploration of the attack surface that exists in the very nature of being...
“Years before the U.S. government’s assault on free speech escalated into the indictment against the WikiLeaks founder, the mysterious creator of Bitcoin recognized the...
![CryptoQuikRead_260 - Why America Can't Regulate Bitcoin [beautyon_]](https://episodes.castos.com/6626b866f2af87-36468692/images/1741352/c1a-9mg94-zo5nz5zvug08-4yyrcb.jpg)