Where these just folks on LocalBitcoin trading BTC peer to peer?!
That'd be fucking nuts if you need some lic bullshit just to do peer to peer trades on LocalBitcoin... the USA is going bat shit crazy.
How could anyone support that? (OP)
That'd be fucking nuts if you need some lic bullshit just to do peer to peer trades on LocalBitcoin... the USA is going bat shit crazy.
How could anyone support that? (OP)
Just got off the phone with Jay from Arkansas Securities Department in regards to selling my personal Bitcoins peer to peer using LocalBitcoins or friend to friend.
The guy I spoke to said it would be totally fine to sell my Bitcoins to individuals as long as:
1. I wasn't brokering deals between individuals. AKA Party A uses me to link up with Party B. This can be using a site or doing it manually.
2. I wasn't selling Bitcoins marketed as an investment tool.
That's what I expected and it makes sense.
That's what an exchange does. If you're not doing that, you're not running an exchange
