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0 sats \ 2 replies \ @_bilthon_ 26 Oct \ on: Are Cashu mint operators breaking the law? bitcoin
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
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0 sats \ 1 reply \ @ek OP 26 Oct
Good point, but I am not sure if you can compare IP laws with money transmission laws just like that.
For example, in the case you mentioned, DreamWorks is a company and they were trying to protect their IP by suing Pirate Bay. But in the case of money, it's not a company that will go after you, but the executive branch of the US government. I think that's a big difference.
However, I am pretty sure anyway the US does not care where you server is when it comes to money. If you're serving US customers, you're subject to US law. Else you need to geofence the US.
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0 sats \ 0 replies \ @_bilthon_ 7 Nov
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.
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