Post
Topic
Board Bitcoin Discussion
Re: Run 'Round FINCEN Rules. Bitcoin Exchanges without Registering
by
legitnick
on 28/06/2013, 17:32:42 UTC
If a person buys or sells bitcoins for dollars, they are supposed to register as a Money Transmitter. This is being applied to the average person even Foundations that do not angage in this, based on the associations of their members.

So, I propose nobody ever buys or sells bitcoins for dollars anymore. I propose we give them away for FREE whenever someone buys or sells a piece of blank paper, valued at approx the same price as bitcoins.

If someone is willing to buy my "pet rock" for $105.00, I'll include a FREE Bitcoin!


I completly ignore FINCEN regulations and I encourage everyone else to do the same.

lol I remember the "Pet Rocks" they were actually a thing when I was a kid and people used to actually buy them.