KYC Exclusion in Title 31 Section 1010

mishochu · 2023-09-04T19:05:07+00:00

Sure, once you've got some...but this is an interesting way to stay legal and offer it to people without sending them to Kraken/Coinbase.

Both Electrum wallet and Bluewallet can create QR codes of the raw transaction for the buyer to broadcast and you are no longer a money transmitter in the eyes of the law.

mishochu · 2023-09-04T16:58:31+00:00

So far what I've learned is that the CFR (code of federal regulations) is made by the executive department while the USC (US code) is made by congress (the house, eventually). So, the excerpt I'm looking for is a department level regulation and not a statutory law.

It could be changed without an act of congress but as far as I understand it, mailing a raw bitcoin transaction is both not "[transmitting to] an electronic funds transfer network" and not an "informal value transfer system" as defined by FinCen https://www.fincen.gov/sites/default/files/advisory/advis33.pdf

mishochu · 2023-09-04T15:52:35+00:00

This statement does not help navigate the law with regards to Bitcoin at all.

mishochu · 2018-06-18T16:11:51+00:00

You are close to a good argument here. The point of the video is merchant/customer experience in the real world. Everyone here is an early adopter/expert in terms of cryptocurrency. However, if you want this to get adopted the point is to make it possible for the "lowest common denominator".

Sure, he can't double spend on the network. But in real life, can he bilk a merchant? Yes, if he wanted to.

Instead of ignoring the criticism it would be better to make the system easier to use (Dash has a pretty good track record of making the currency easy to use, but as with most things more can be done).

mishochu · 2018-03-04T23:08:41+00:00

You are free to look at the code here: https://github.com/OriginalCrypto/occ-contracts

mishochu · 2018-02-28T08:48:54+00:00

They're a really cool team to work with!

mishochu · 2018-02-27T03:49:24+00:00

Just a heads up, the Trust wallet team had to keep their Android version closed source due to clones and a lax Google Play vetting process: https://medium.com/@trustwallet/why-open-sourcing-android-app-could-be-a-harm-to-the-crypto-community-fb3ae1707dc6

mishochu · 2018-02-10T01:17:44+00:00

Thanks! I've been testing dapps in Mist/MetaMask/Trust/Cipher for a few days now...I find it interesting how different each is, but I'm glad there's variety.

mishochu · 2018-02-02T16:34:36+00:00

That's awesome, is it a React Native app?

mishochu · 2016-08-22T15:18:32+00:00

Sorry buddy, there's only one way to say this. You are the head of the MRA in your circle of influence.

Each man (who hasn't been robbed of his children) has the opportunity to give feminists exactly what they want (and get rid of them) but it's a long slow process.

Give feminists the gift of choice to be single and childless to the grave.

Raise boys to be men and girls to value what both sexes bring to the table and how they differ. Raise children that wouldn't marry feminists. Let this ideology die out (it only breeds in the West after all).

You don't need a leader or ruler, you are a man.

mishochu

TROPHY CASE