Hmm... so MP just published an email exchange he had with some SEC toadie who came enquiring after his MPEx customer records, specifically pertaining to Satoshi Dice.
Seems to provide confirmation of what many have suspected... that US SEC is coming after bitcoin securities.
http://trilema.com/2014/interacting-with-fiat-institution-a-guide/What's everyone's thoughts on this?
MP did the right thing the jurisdiction of the SEC does not directly enter into the Bitcoin sphere
Secrecy can be observed and rather than having these private conversations they should be transparent in their process
Governments thinking this right to intrusion is a default privilege of theirs and that they have by right the option to do so is not the approach they should be taking but one of cooperation in relation and pertaining to Bitcoin exchanges.
I appreciate Mirceas transparency and hope other exchanges such as havelock if ever given this type of false dilemma would be as transparent in their replies as MP was, in seeing the underlying premise and noting that their is a third option.
I'll borrow Rap News simply put no Orwellian State
https://www.youtube.com/watch?v=o66FUc61MvU