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10 sats \ 2 replies \ @siggy47 OP 29 Apr 2024 \ parent \ on: The Network Access Exception To The Money Transmitter Rule bitcoin
This reminds me of a second amendment discussion-guns don't kill, people do.
Just because a network can be used illegally doesn't make it a money laundering network. Every time the US mint produces a dollar bill, are they engaging in money laundering through their physical dollar network?
Exactly. If cash didn't exist until now and somebody would propose introducing it, the proposal would be brutally shot down on ML grounds.
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I agree. There's nothing preventing the argument that it has become even more so as we move to a cashless society. LN has a much more legitimate use case.
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