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Opposed to Bitlicense

Opposed to Bitlicense

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This petition has been created by Adrian S. and may not represent the views of the Avaaz community.
Adrian S.
started this petition to
New York State Department of Financial Services
NY DFS RELEASES PROPOSED BITLICENSE REGULATORY FRAMEWORK FOR VIRTUAL CURRENCY FIRMS

Today 17 July 2014, the New York State Department of Financial Services released a PROPOSAL for a regulatory framework which if implemented would have dramatic and widespread impact on the Bitcoin community.

http://www.dfs.ny.gov/about/press2014/pr1407171.html

I think this is the beginning of a slippery slope that need some pushback from the community.

There are two very inspiring arguments why this proposal is a bad idea

1) Bitcoin in the Beltway: Andreas M. Antonopoulos - The Future of Cryptocurrency

[url]https://www.youtube.com/watch?v=tgEDOBgYg-g[/url]

2) Bitcoin vs. Political Power: The Cryptocurrency Revolution - Stefan Molyneux at TNW Conference

https://www.youtube.com/watch?v=joITmEr4SjY

There are probably many more that can be added. A face book page has just been created, Opposed to Bitlicense

https://www.facebook.com/bitlicense

Posted (Updated )