A Quote by Perianne Boring
Exchanging bitcoin on behalf of ransomware victims should not be construed as criminal activity by the exchanger, not as a matter of law nor as sound policy. Such an interpretation would set a precedent that would surely cause real harm to the public, to the blockchain ecosystem, and to the financial services industry as a whole.
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Applying criminal law to the exchange of bitcoin on behalf of ransomware victims would create a morally shocking result of re-victimizing a victim. All lawfully operating digital currency exchanges would thereafter refuse to exchange bitcoin for ransomware victims for fear of criminal culpability.
Bitcoin was created with security in mind. The Blockchain is Bitcoin's public ledger that records every transaction in the Bitcoin economy.
The measure would set criminal penalties, the same as those that would apply if harm or death happened to the pregnant woman, for those who harm a fetus.
People bought bitcoin because they thought it would be worth more tomorrow. And a lot of people got lucky. But we're not seeing real people use bitcoin. And we don't know what problem it solves. Now, blockchain, I think, is a genius advancement in technology.
We are very excited about the use of blockchain, whether it's Bitcoin or not, but we are as enthusiastic as ever about Bitcoin as a global currency and, really more importantly, Bitcoin as a global financial rail.
FinCEN directs financial institutions to file suspicious activity reports (SARs) to inform law enforcement of certain types of cyber-enabled crime. As the agency charged with protecting the United States from financial crime, FinCEN's guidance does not deem financial institutions who process such transactions to be involved in a criminal activity.
By any measure, CapitalSource outperformed both our direct competitors and the financial services industry in general, particularly in the context of the near collapse of the financial services industry where 19 of the 20 largest financial institutions in the country either failed or were bailed out by the government.
In existing criminology there are concepts: a criminal man, a criminal profession, a criminal society, a criminal sect, and a criminal tribe, but there is no concept of a criminal state, or a criminal government, or criminal legislation. Consequently what is often regarded as "political" activity is in fact a criminal activity.
I do not favor or support, nor will I vote for, a pathway to citizenship for people that are here who've broken the law. I would support - after we have developed a secure border - a mechanism for allowing those folks to work here in America... Everything that we should do should be based on good, sound policy and what's right for America.
The law provides a remedy, charging those who threaten a victim's data for the purpose of extortion. Extending criminal liability to innocent third-party digital currency exchangers, or any other third-party financial institution, would be an utterly unwarranted and unjust misinterpretation both of law and policy.
The financial services industry has seemed to treat the crisis like a little rainfall - inconvenient, but no significant changes needed. The real question moving forward is how the industry will respond to Wall Street reform and growing public anger.
With the greatest respect, we do not make the criminal law on the basis of opinion polls. A majority of 9:1 could be in favour of a ban in my constituency, but I would not regard that as conclusive, and I hope that we never would. If we start having opinion polls about all the unpleasant and distasteful habits and customs of some members of society, and suggesting that their findings should be made part of the criminal law, foxhunting would come way down the list, and quite a lot of strange enactments would have to go through the House.
What I mean by Socialism is a condition of society in which there should be neither rich nor poor, neither master nor master's man, neither idle nor overworked, neither brainslack brain workers, nor heartsick hand workers, in a word, in which all men would be living in equality of condition, and would manage their affairs unwastefully, and with the full consciousness that harm to one would mean harm to all - the realisation at last of the meaning of the word 'commonwealth.'
Bipartisanship on behalf of an imprudent policy can be folly, just as partisanship on behalf of a just cause can be wise. What is clear is that politics will not stop at the water's edge simply because presidents plead for it. American foreign policy will return to the tradition of Truman and Vandenberg only when the American public demands it.
There can be no be no better instruction... than that every man who is to deal with his neighbor to follow these commandments. 'Whatsoever ye would that others should do unto you, do ye also unto them,' and 'Love thy neighbor as thyself.' If these were always followed, then everything would instruct and arrange itself; then no law books nor courts nor judicial actions would be required. All things would quietly and simply be set to rights, for everyone's heart and conscience would guide them.
There should be a law that no ordinary newspaper should be allowed to write about art. The harm they do by their foolish and random writing it would be impossible to overestimate--not to the artist but to the public.... Without them we would judge a man simply by his work; but at present the newspapers are trying hard to induce the public to judge a sculptor, for instance, never by his statues but by the way he treats his wife; a painter by the amount of his income and a poet by the colour of his necktie.
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