Post
Topic
Board Bitcoin Discussion
Re: Run 'Round FINCEN Rules. Bitcoin Exchanges without Registering
by
bitrebel
on 30/06/2013, 19:28:14 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!



what if we buy and sell Magic Cards?  is that currency?

Not making sense?

The problem with something "physical" is that it has to be mailed, to complete the transaction.
Magic Cards have actual value, so it will not work.

Replacing Bitcoins with Magic Cards, is going 2 steps backward.