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0 sats \ 0 replies \ @_bilthon_ 7 Nov \ parent \ on: Are Cashu mint operators breaking the law? bitcoin
Of course the enforcement power of the US Gov is greater than that of any individual company. But what I mean is that US law is not the world law and even that power has its limits. For instance I don't see how the US can go out and effectively enforce these rules in Russia or China. Of course these jurisdictions might have their own rules regarding money transmission, but they'd be not the same.
You said "the law" and then proceeded to talk about each state, presumably referring to US states. That just reminded me of the pirate bay's response to legal threats from DreamWorks back in the day. Here's a refresh on that:
As you may or may not be aware, Sweden is not a state in the United States of America. Sweden is a country in northern Europe. Unless you figured it out by now, US law does not apply here. For your information, no Swedish law is being violated. Please be assured that any further contact with us, regardless of medium, will result in a) a suit being filed for harassment b) a formal complaint lodged with the bar of your legal counsel, for sending frivolous legal threats. It is the opinion of us and our lawyers that you are ……. morons, and that you should please go sodomize yourself with retractable batons. Please also note that your e-mail and letter will be published in full on https://www.thepiratebay.org. Go
Saying that "92% of people are using it incorrectly" sounds too snob and pretentious.
Sure, there are more sophisticated ways in which people are not aware it can be used. But there's no "correct" way of using it. It depends on context.
Marginal improvement on miner efficiency should be a priority to whoever cares about mining decentralization.
GENESIS