[ale] [OT] (but computer and cryptography related) Bitcoin, Litecoin

Michael B. Trausch mbt at naunetcorp.com
Sat Mar 30 21:06:46 EDT 2013


On 03/30/2013 08:36 PM, Alex Carver wrote:
> If you were to agree to accept rubber chickens for installing a PBX then
> the BSA/Treasury/Congress has no claim because the rubber chickens are
> not being exchanged for regulated currency, they are being exchanged for
> goods and services directly.  But if you want US Dollars and I only have
> rubber chickens then I have to go exchange my rubber chickens for US
> Dollars and, boom, BSA steps in.

I certainly don't need a license, though, to trade you and then sell the
chickens.  After all, a sale is nothing more than a conversion from a
good or service to currency.

	--- Mike

-- 
Michael B. Trausch, President
Naunet Corporation

Telephone: (678) 287-0693 x130
Toll-free: (888) 494-5810 x130
FAX: (678) 287-0693

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