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If you violate money transmission laws because you pay a salary to someone (without being a licensed money transmitter) there would be lots of people violating
by gst 13y ago
If you violate money transmission laws because you pay a salary to someone (without being a licensed money transmitter) there would be lots of people violating those laws in California.
- dustcoin 13y agoI agree, I'm just speculating on California's justification for the C&D, assuming it isn't simply a result of ignorance of how bitcoin works and the role of the Bitcoin Foundation.
- venomsnake 13y agoIsn't a simpler explanation that they are just stupid and didn't take 5 minutes to find out exactly who they are sending the letter to and just sent it to the first google result for bitcoin?
- anigbrowl 13y agoThat's a two way street. I'm guessing the Bitcoin Foundation might have overlooked some of its due diligence obligations; it looks to me like CA is 'piercing the corporate veil' if you're familiar with that legal term.