Freedom Smuggler @FreedomSmuggler - 15d
Let’s break down the idiocracy of the money transmitter thing. I have $10 in cash. I can hand it to you without anyone knowing. Is this ok? Now say I am 10 yards away, can I throw it at you? Is that ok? Say you are in a different city, can I put it it in an envelope and send it to you? If you are in a different country, can I send you a text and say, I promise I’ll pay you $10 when I see you? Where do we draw the line for money transmitter?
I can’t promise to pay you 2 billion dollars over text?
karl Black @klacky - 15d
It’s drawn wherever it’s most convenient to them. It can be capriciously changed as well. We know that.
You want some of that rogue money 😅
Where do we draw the line 🤷🏻♂️
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