Yellen on Bitcoin: Fed Doesn’t Have Authority to Regulate It in Any Way

Re:Yellen on Bitcoin: Fed Doesn’t Have Authority to Regulate... by jljljl on Friday February 28, 2014 @12:07PM (#7319996)

There is no list of "recognized" religions kept anywhere. "Bona Fide" means "honestly or sincerely", and is in there to prevent people who are caught with peyote from insincerely claiming a religious exemption as a get out of jail free card.

You are probably going to ask who decides if use of peyote is actually protected under this act or not. The answer seems to be a jury of one's peers. Laws are often written to provide guidance for how one's actions should be judged, and do not provide a detailed "if-then" case for their application.

Whether or not peyote should just be fully legalized across the country is a different question.

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Re:Yellen on Bitcoin: Fed Doesn’t Have Authority to Regulate... by Crito on Friday February 28, 2014 @12:40PM (#7320217)

> There is no list of "recognized" religions kept anywhere.

Recognition of your religion would likely be determined at the time of your trial.

Should that be the courts right? I would argue no.

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Re:Yellen on Bitcoin: Fed Doesn’t Have Authority to Regulate... by jljljl on Friday February 28, 2014 @02:22PM (#7320865)

No. It would not. The court has no right to decide if your religion is legitimate or not. The IRS and the government does recognize certain religious _organizations_ (e.g. churches for tax exemptions), but the state cannot pass any judgement on the underlying belief system when they recognize these institutions. This is what the Establishment Clause clearly protects.

Sources: http://www.irs.gov/irm/part7/irm_07-025-003.html#d0e1146 http://en.wikipedia.org/wiki/Establishment_Clause

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