Any lawyer here?
I'd like to get comments on the following:
Nxt forgers don't "print" money, so they can't be sued as money emitters. Only BCNext can be.
Once Nxt users r able to lease forging power they can lease it to registered entities and be protected, coz noone can sue them for being money processors.
Looks legit or not?
I'm not a lawyer.
I think the legal matters are really only for those who convert Nxt to fiat and perhaps fiat to Nxt and perhaps for people like BCNext and CFB for causing headaches for the authorities. Transaction fees earned as Nxt wouldn't seem to be a legal concern.
But, really everyone is still waiting on clarity from the various government regulators which they probably won't give until they are convinced that they can control virtual currencies somehow.