Re:Bitcoin Foundation's Response to California Cease & Desist
by anigbrowl on Tuesday July 02, 2013 @08:58PM
(#5981740)
we do not accept or remit or transmit money
But they do accept donations, and acknowledge as much (page 2). If you're going to tl;dr please do so accurately.
Re:Bitcoin Foundation's Response to California Cease & Desist
by Torgo on Tuesday July 02, 2013 @10:07PM
(#5982018)
I didn't think I had to clarify that a nonprofit taking donations in USD would count as money transmittal since that would apply to all nonprofits accepting donations. But I take your point, my statement was all-encompassing.
really really tl;dr: bitcoin's not money; bitcoin exchanges aren't money transmitters; even if they were, we don't do that; even if we did that, we're not subject to California's jurisdiction.