EXCLUSIVE: Perianne Boring of the Chamber of Digital Commerce Launches Petition and Initiative Against BitLicense [Interview]
The Chamber of Digital Commerce, also known as the "Digital Chamber" or "DC" for short, is seeking supporters to sign their petition to Benjamin Lawsky, New York’s Superintendent of Financial Services, asking him to extend the comment period on the proposed BitLicense regulations through the end of 2014. The petition states: "An extension is necessary to allow the industry time to formulate proposals that address the NYDFS goals of providing guardrails that do not threaten this nascent technology." Perianne Boring is the founder and President of the newly formed Chamber of Digital Commerce. Opening its doors just a few weeks ago at The North American Bitcoin Conference, the DC is embarking on a bold mission to promote the acceptance and use of digital assets and digital currencies among government and the general public. Just two days before launching, the New York Department of Financial Services (NYDFS) proposed their BitLicense rule and regulations. The Bitcoin community has largely expressed major concerns over the proposed regulations, and Boring has boldly jumped into the debate:
The DC previously issued a call to action urging the industry to submit comments to the NYDFS. Their user-friendly petition provides an easy way for people to lend their voice in shaping digital currency policy. To see the full interview, please click the following link.
The Chamber of Digital Commerce, also known as the "Digital Chamber" or "DC" for short, is seeking supporters to sign their petition to Benjamin Lawsky, New York’s Superintendent of Financial Services, asking him to extend the comment period on the proposed BitLicense regulations through the end of 2014. The petition states: "An extension is necessary to allow the industry time to formulate proposals that address the NYDFS goals of providing guardrails that do not threaten this nascent technology." Perianne Boring is the founder and President of the newly formed Chamber of Digital Commerce. Opening its doors just a few weeks ago at The North American Bitcoin Conference, the DC is embarking on a bold mission to promote the acceptance and use of digital assets and digital currencies among government and the general public. Just two days before launching, the New York Department of Financial Services (NYDFS) proposed their BitLicense rule and regulations. The Bitcoin community has largely expressed major concerns over the proposed regulations, and Boring has boldly jumped into the debate:"We did not have plans to get involved with policy initiatives this year, rather the next several months have been dedicated to setting up our office, recruiting membership, and hiring and training staff. However, the New York proposed BitLicense regulations are so important to the future of the industry that the Digital Chamber is getting involved on a grassroots level. "
The DC previously issued a call to action urging the industry to submit comments to the NYDFS. Their user-friendly petition provides an easy way for people to lend their voice in shaping digital currency policy. To see the full interview, please click the following link.
complicated for most people to understand. I\'m a bigger fan of things like BIP38 (encrypted paper wallets) for protecting user funds than I am with multisig. There\'s a lot of snake oil security out there, where people claim that multisig is somehow going to magically stop wallet theft. But if all you\'re using multisig for is to sign a transaction with a second key on the server, and that process is automated, how does that prevent an attacker from stealing your funds? The claim that this ends theft is a little over-optimistic to me, and you still run into the problem if trustlessness.