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Re:Bitcoin Foundation's Response to California Cease & Desist by Torgo on Tuesday July 02, 2013 @08:50PM (#5981702)
tl;dr 1. We are a foundation that promotes bitcoin use, we do not accept or remit or transmit money. 2. We are not incorporated in nor doing money transmittal in California are therefore are not under your jurisdiction. 3. Bitcoin does not seem to fit California's legal definition of money, unit of exchange, or store of value. 4. "Currency Exchanges" do not seem to meet California's legal criteria of "Money Transmitters", cites recent court case.

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.

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.