Anarcho-Capitalist NEWS: A regulator navigating the waters of an industry with libertarian and anarcho-capitalist zealots at its core

Ben Lawsky: Friend or Foe?

Anarcho-Capitalist NEWS: A regulator navigating the waters of an industry with libertarian and anarcho-capitalist zealots at its core 9k=

Anarcho-Capitalist NEWS: A regulator navigating the waters of an industry with libertarian and anarcho-capitalist zealots at its core 9k=

It would be generous to say that Benjamin Lawsky, superintendent of the New York Department of Financial Services (NYDFS), is viewed by the bitcoin community with some skepticism.

The man who has championed ‘BitLicenses’ – bitcoin-specific versions of money transmitter licenses for New York State – has developed a reputation within the fledgling industry as someone who is, at best, ‘not bad’.

Yet, for a regulator navigating the waters of an industry with libertarian and anarcho-capitalist zealots at its core, that borders on near god-like status.

While there are still many who dismiss his authority and believe that conciliatory conversations with regulators go against the very vision of Satoshi Nakamoto’s bitcoin, others seem hopeful that he will be a bitcoin ally, while most seem to have at least suspended their judgments of the superintendent.

Quote :: Ben Lawsky has an opportunity to become a figure in history that was instrumental in launching an economic boom. #bitcoin
— BitcoinBreak (@BitcoinBreak) January 28, 2014

Lawsky has earned that respect through his measured words and cautious actions towards bitcoin to date, and many are rooting for him to ultimately take a light-handed approach towards regulation of the cryptocurrency. Indeed, there is reason for cautious optimism.

A brief look at Ben Lawsky’s background paints a fairly clear picture: He is no enemy.
Idealist and populist

Ben Lawsky comes across as both level-headed everyman and optimistic populist, both in person and on paper. He has tweeted pictures of beer and lasagna, references to his hometown sports teams, the Knicks and the Yankees, and even one gem, in which he said it was ok to watch Love Actually 25 times.

More: http://www.coindesk.com/ben-lawsky-friend-foe/

Stay the fuck away... or else!

Anarcho-Capitalist NEWS: A regulator navigating the waters of an industry with libertarian and anarcho-capitalist zealots at its core

Anarcho-Capitalist NEWS: A regulator navigating the waters of an industry with libertarian and anarcho-capitalist zealots at its core

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