This article explains New York's ridiculous BitLicense law pretty well.
Businesses or individuals seeking BitLicenses must undergo a rigorous application process set by the DFS.
Rigorous? That is an understatement.
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43 sats \ 0 replies \ @DarthCoin 10 Oct
A license is a privilege.
Bitcoin is NOT a privilege. Bitcoin is permissionless.
But yeah nowadays Bitcoiners are not anymore what they were before...
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