š
Original date posted:2015-08-27
š Original message:-----BEGIN PGP SIGNED MESSAGE-----
Hash: SHA256
Hello,
Please stop with the nonsense. Bitcoin is a decentralized payment
network. It operates globally, so neither jurisdiction can apply to it
and have effects. It is the sole responsibility of all the
users/businesses involved in Bitcoin to comply with their local
regulations while using Bitcoin. Trying to somehow standardize this
compliance at the backbone network level will be impossible in the
first place, and even if it was possible it would be a _huge_ mistake.
The word 'Bitcoin' already rings a bell in most places of the world
where there is a reasonable level of technology available. It is
powerful and we should continue the work to improve it. No law
enforcement authority or govt. branch is asking more than for
users/businesses to comply with the regulations that bind to them.
Someone in Belize for example does not have same compliance requests
with someone in Germany - which is why this is not even a subject to
be discussed on bicoin-dev mailing list. It is unique/custom for each
user/business, the requirements depending on their jurisdiction.
On 8/27/2015 11:15 AM, Patrick Strateman via bitcoin-dev wrote:
> Are you aware of the prior work in this field?
>
> https://www.reddit.com/r/Bitcoin/comments/1qmbtu/mike_hearn_chair_of_the_bitcoin_foundations_law/
>
> On 08/27/2015 01:10 AM, prabhat via bitcoin-dev wrote:
>> Hi,
>>
>> I am proposing to create a AML-KYC module to control the network
>> and also qualify use cases in OFAC compliant way. Here is the
>> attached doc.
>>
>> Please provide your feedback and suggestions.
>>
>> Best, Prabhat Kumar Singh
>>
>>
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s7r [ARCHIVE] /
npub1j3ā¦cwg9h
2023-06-07 17:38:15
in reply to nevent1qā¦s47h
Author Public Key
npub1j3u42vq63qzs2nyddgkf4s4t7pa85x855vas54e6yauxsvpf2wcsacwg9hPublished at
2023-06-07 17:38:15Event JSON
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Original date posted:2015-08-27\nš Original message:-----BEGIN PGP SIGNED MESSAGE-----\nHash: SHA256\n\nHello,\n\nPlease stop with the nonsense. Bitcoin is a decentralized payment\nnetwork. It operates globally, so neither jurisdiction can apply to it\nand have effects. It is the sole responsibility of all the\nusers/businesses involved in Bitcoin to comply with their local\nregulations while using Bitcoin. Trying to somehow standardize this\ncompliance at the backbone network level will be impossible in the\nfirst place, and even if it was possible it would be a _huge_ mistake.\n\nThe word 'Bitcoin' already rings a bell in most places of the world\nwhere there is a reasonable level of technology available. It is\npowerful and we should continue the work to improve it. No law\nenforcement authority or govt. branch is asking more than for\nusers/businesses to comply with the regulations that bind to them.\nSomeone in Belize for example does not have same compliance requests\nwith someone in Germany - which is why this is not even a subject to\nbe discussed on bicoin-dev mailing list. It is unique/custom for each\nuser/business, the requirements depending on their jurisdiction.\n\nOn 8/27/2015 11:15 AM, Patrick Strateman via bitcoin-dev wrote:\n\u003e Are you aware of the prior work in this field?\n\u003e \n\u003e https://www.reddit.com/r/Bitcoin/comments/1qmbtu/mike_hearn_chair_of_the_bitcoin_foundations_law/\n\u003e\n\u003e On 08/27/2015 01:10 AM, prabhat via bitcoin-dev wrote:\n\u003e\u003e Hi,\n\u003e\u003e \n\u003e\u003e I am proposing to create a AML-KYC module to control the network\n\u003e\u003e and also qualify use cases in OFAC compliant way. Here is the\n\u003e\u003e attached doc.\n\u003e\u003e \n\u003e\u003e Please provide your feedback and suggestions.\n\u003e\u003e \n\u003e\u003e Best, Prabhat Kumar Singh\n\u003e\u003e \n\u003e\u003e \n-----BEGIN PGP SIGNATURE-----\nVersion: GnuPG v2.0.22 (MingW32)\n\niQEcBAEBCAAGBQJV3tlbAAoJEIN/pSyBJlsR438H/Aw6PCjPxLGuxdlDVmqQG4Lz\na95OVm8KqEfbiRGc1lYjBhh3JjXoUBuZKUgbnve6oFOBdNpmtm/OCJpCBQqaLDnT\nKsao1aM42c+1RdiLRhd3QjoDHyfRpNnE+XQ4lk+H0nMlroRos1K5Dpnmiea15yMQ\n1mxvnKyW5mIRu11Z/6xEJ3tX8VoAk3G2MtYf0SRkfJjbdRai1JIL/4w/JJJnkS1L\nklMYPQeHOolIaSgXfy/oCGgqDLVKi3utkDZuIqLe8Pg0OoQFOnn4k3vDdQ/U0N5z\nr7rzvriXBlCaZttNi8MkLujP3ugcTAjLxzntS68vXIRwSy+VzrASYdDd6vXGR4U=\n=61p4\n-----END PGP SIGNATURE-----",
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