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106 sats \ 2 replies \ @0xIlmari 25 Apr 2024 \ on: Samourai Indictment Is Bad News For The Lightning Network bitcoin
Okay, so let me get this straight: Bitcoin is NOT money (by their standards) but operating Bitcoin-transmitting software is "unlicensed money transmitting"?
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10 sats \ 1 reply \ @siggy47 OP 25 Apr 2024
This hung me up for a long time. Coincidentally, I took a CLE course 2 days ago. It is well settled law in the US that for money transfer services, transferring anything of value qualifies, and specifically "cryptocurrency".
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64 sats \ 0 replies \ @0xIlmari 25 Apr 2024
Incidentally, that also means that DoJ (and therefore the US gov't) admits that Bitcoin has value.
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