Roy: Thanks for your thoughtful responses. I also feel clarification of regulation is critical to the well being of BtC. There does seem to be a healthy dialog.
Roy, as a trusted Bitcoin community member do you feel like you would trust Josh with all of your personal data?
I like the concept but collecting SSN is going too far. I don't believe it is necessary. If it is necessary that I won't be doing business with US based exchanges at this point in time. That information is too risky to hand out.
From the CNN article:
"It took me less than 12 hours of programming to do this, and I didn't have to get approval from anyone," Jones said. "It's an uncertain time, and I think there's money to be made and lost."
This is a private individual. There probably isn't any security. Clearly it isn't safe to provide your SSN.