Post
Topic
Board Bitcoin Discussion
Re: Run 'Round FINCEN Rules. Bitcoin Exchanges without Registering
by
MagicBit15
on 13/08/2013, 17:21:48 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!





It just being used as a broad term it is going to become more of an issue as the years progress, all I have to say is hopefully it will move in a good direction.

Also when the reward halves, just have some funn!!