Data point #57 or whatever why I need to get more into Android and Android dev. A bit less of a nanny state.
Cmon Apple, you can do better than that.
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Data point #57 or whatever why I need to get more into Android and Android dev. A bit less of a nanny state.
Cmon Apple, you can do better than that.
Why not just build this as a web app instead of a native iPhone app?
This really should not be a surprise to anyone. If Bitcoin is not already illegal (and I have reason to believe it is due to most states' money transmitter laws), it's almost guaranteed that it will be soon.
I doubt Bitcoin will be made illegal. By itself, the Bitcoin network is just a mechanism for passing around signed messages and calculating hash values. It would be difficult to outlaw that without running into constitutional free speech issues. Where Bitcoin might run into trouble is the trading of bitcoins for dollars or commodities. Depending on how bitcoins are classified legally, there may be additional regulati…
One argument would be that bitcoin is an illegal pyramid scheme.
Another would be that bitcoin is means circumvent the tax system (all barter and local currency systems, for example, have to pay taxes).
I'm sure many other arguments could be found.
This really should not be a surprise to anyone. If Bitcoin is not already illegal (and I have reason to believe it is due to most states' money transmitter laws), it's almost guaranteed that it will be soon.
By that argument, EVE Online's PLEX should be illegal as well, as it is transferrable and exchangeable for something of monetary value (a subscription).
And, yes, while IANAL, I know a lot of the law turns on the intentions behind a given act rather than the act-in-itself. This seems counter intuitive to geeks but its not likely to change soon.
Earlier quoted context omitted.
By that argument, EVE Online's PLEX should be illegal as well, as it is transferrable and exchangeable for something of monetary value (a subscription).
Again we're running into the geeks-trying-to-understand-the-law problem -- they always expect the law to be as sensible and self-consistent as geometry. But the law has no patience with reducito ad absurdum, and judges and lawmakers are quite happy to declare that X is legal and Y is illegal even if in some sense Y is really analogous to X . As far as alternative currencies go, my understanding is that they're illega…
This really should not be a surprise to anyone. If Bitcoin is not already illegal (and I have reason to believe it is due to most states' money transmitter laws), it's almost guaranteed that it will be soon.
I doubt Bitcoin will be made illegal. By itself, the Bitcoin network is just a mechanism for passing around signed messages and calculating hash values. It would be difficult to outlaw that without running into constitutional free speech issues. Where Bitcoin might run into trouble is the trading of bitcoins for dollars or commodities. Depending on how bitcoins are classified legally, there may be additional regulati…
Look at E-Gold's fall: http://www.wired.com/threatlevel/2009/06/e-gold/
This is why having just one app store sucks, and I'm not just referring to Apple here. It could've been Google or Microsoft, too (MS intends to have one in win8 too). But why should any of them be the moral police for everything? I was thinking of Mondonet and mesh networks today. What if they could reject such mesh network apps from their stores because the Government asked them behind the scenes to do so? That woul…
Frankly, I think that's actually the best way to do things. Have a curated/censored app store for the normal folks/applications, and a method to install arbitrary apps that Google may not want to advertise in the Market. Now if AT&T would allow sideloading, it would be perfect, but every other Android phone I've seen has had this level of freedom.
Earlier quoted context omitted.
I doubt Bitcoin will be made illegal. By itself, the Bitcoin network is just a mechanism for passing around signed messages and calculating hash values. It would be difficult to outlaw that without running into constitutional free speech issues. Where Bitcoin might run into trouble is the trading of bitcoins for dollars or commodities. Depending on how bitcoins are classified legally, there may be additional regulati…
There is no doubt that bitcoins will fall under one or another regulations. One argument would be that bitcoin is an illegal pyramid scheme. Another would be that bitcoin is means circumvent the tax system (all barter and local currency systems, for example, have to pay taxes). I'm sure many other arguments could be found.
Like, "Bitcoin is anti-American" or "Bitcoin will be used by heroin dealers who will sell your daughters into prostitution"
If bitcoin is a means to circumvent the tax system, then we'd have to apply whatever tax regulation that results to all other forms of currency. Social Security is an illegal pyramid scheme because it wasn't sold to the American public that way.
Let's start applying the law equitably before we stomp on innovation.