Quote from: Artemis3 on July 25, 2019, 09:00:49 PM

Quote from: avikz on July 25, 2019, 06:22:01 AM

I am seriously not finding anything wrong in this move of including two crypto businessmen in the task force. It could have been much more worse not to have these leaders in the task force. At least these people will ensure that things don't turn hostile for the crypto users in the state of NY.

Time will tell if they try to turn the tide to their personal favor or not but having no representation from crypto business is much more worse! At least these two people will ensure that nothing goes against the cryptos in general!

Conflict of interests? Particularly favoring their own projects in detriment of the rest of the space? Sure it beats people that know nothing, but it still warrants attention, from the community.

Regulation in general is not good. The more the State meddles in, the less freedom the people ends with...

Of course, there is a large amount of conflict of interest, but then again, I am really not surprised 2 co-founders of another centralized coin are working with the government, but when you think about it, who would be better for the job? Some financial advisors who don't have any real-world knowledge or cryptocurrencies? Out of the current pool of candidates, this isn't too bad. If Ethereum and Ripple grow with the regulations, the whole crypto market will grow as well, including Bitcoin.

Think about this before you think this is the end of the world. Who else would make a suitable candidate other than these 2? Financial advisors? Politicians?

To be fair though, Ben has pretty skewed morals, and what he did with Bitlicense was bad for the crypto industry on a whole.