Quote from: unamis76 on February 14, 2016, 07:15:14 PM

What a good laugh! This article is hilarious... Legal what?!? Seriously...

Quote

They would need to register with the Financial Crimes Enforcement Network (FinCEN) once they are being transacted like a new convertible virtual currency

Why? Is Bitcoin registered on FinCEN? Seriously... Roll Eyes

Quote

if they do not in a timely manner report their forked currency as a Money Service Business (MSB) to the FinCEN

MSB's are exchanges. Bitcoin is a currency... It has no laws beyond the laws defined on the code that runs the system.

Quote

Due to Anti Money-Laundering rules, Bitcoin Classic and Bitcoin XT would likely need to be able to identify their users.

Once again, if this has to be enforced in case of a Bitcoin fork, why wasn't this enforced straght away by authorities since the genesis block? Roll Eyes

I could go on... This is seriously one of the wierdest articles I've ever seen. Legal problems are what exchanges face when they "lose track" of customers funds. People show know better about these things already. Attemps to control or regulate Bitcoin at the core level will fail.

that is so stupid, sometimes I wonder where people get off.....