I’ve been under the impression that if something doesn’t deal in fiat they’re not aoney transmitter. I’m also under no delusions that they’ll not try to classify crypto moving as money transmission. Of course they will. The question is, will the people who will inevitably go to court over this be prepared to argue this effectively?
You need to pay taxes on the sale of this “property”. You are transmitting “money” you need a licence.
The state is made up of a bunch of criminal hypocrites who’s job is to squeeze as much wealth as possible from the population and hand it over to the ruling class.
Every miner is a crypto transmitting service.
I’ve been under the impression that if something doesn’t deal in fiat they’re not aoney transmitter. I’m also under no delusions that they’ll not try to classify crypto moving as money transmission. Of course they will. The question is, will the people who will inevitably go to court over this be prepared to argue this effectively?
You need to pay taxes on the sale of this “property”. You are transmitting “money” you need a licence.
The state is made up of a bunch of criminal hypocrites who’s job is to squeeze as much wealth as possible from the population and hand it over to the ruling class.