Sign in to confirm you’re not a bot
This helps protect our community. Learn more

Beginner’s Guide #8: How is Bitcoin Legal with Peter Van Valkenburgh & Jerry Bri

Peter McCormack
191K subscribers
2.5K views 5 years ago The Peter McCormack Show
In Part 8 of the Bitcoin Beginner’s Guide I talk to Peter Van Valkenburgh & Jerry Brito the Director of Research & Executive Director at Coin Center a non-profit focused on the policy issues for Bitcoin. We discuss the regulations and laws around Bitcoin. WHERE TO FIND THE SHOW → My website: https://www.whatbitcoindid.com/podcast/ → iTunes: https://apple.co/2OOlzVV → Spotify: https://spoti.fi/2ygc4W1 → Stitcher: https://bit.ly/2IQO8fX → SoundCloud: https://bit.ly/2CGSVQR → YouTube: https://bit.ly/2pR3s3g → TuneIn: https://bit.ly/2ywystr LISTEN TO OLD EPISODES → By guest: https://www.whatbitcoindid.com/guests/ → By topic: https://www.whatbitcoindid.com/topics/ → Transcriptions: https://www.whatbitcoindid.com/transc... SUPPORT THE SHOW → https://www.whatbitcoindid.com/sponso... → Become a Patron:   / whatbitcoindid   → Subscribe on iTunes → Leave a review on iTunes → Share the show out with your friends and family on social media → Drop me a li …...more
...more
These chapters are auto-generated

Intro

0:00

Who is Coin Center

3:53

Jurisdiction Specific Legislation

5:14

Activities that are Regulated

7:49

Who should be Regulated

8:38

Questions about Bitcoin

10:20

The alphabet soup of regulators

10:49

Is Bitcoin a currency or a protocol

12:07

Is the blockchain governed by anything

14:43

Stablecoins

15:34

Is stablecoins regulated

17:52

Payment regulation

20:20

Lightning network regulation

22:58

Money custody

26:10

Conclusion

27:52

What to watch out for

29:23

Sponsor Message

30:12

Securities

32:46

What are securities

33:25

Ethereum security status

41:22

Crypto settlement status

43:44

Crypto security

45:14

US vs international law

48:04

Virtual currency AML

50:18

What is an atomic swap

54:48

Tax

57:49
Beginner’s Guide #8: How is Bitcoin Legal with Peter Van Valkenburgh & Jerry Bri
74Likes
2,509Views
2020Jan 28
In Part 8 of the Bitcoin Beginner’s Guide I talk to Peter Van Valkenburgh & Jerry Brito the Director of Research & Executive Director at Coin Center a non-profit focused on the policy issues for Bitcoin. We discuss the regulations and laws around Bitcoin. WHERE TO FIND THE SHOW → My website: https://www.whatbitcoindid.com/podcast/ → iTunes: https://apple.co/2OOlzVV → Spotify: https://spoti.fi/2ygc4W1 → Stitcher: https://bit.ly/2IQO8fX → SoundCloud: https://bit.ly/2CGSVQR → YouTube: https://bit.ly/2pR3s3g → TuneIn: https://bit.ly/2ywystr LISTEN TO OLD EPISODES → By guest: https://www.whatbitcoindid.com/guests/ → By topic: https://www.whatbitcoindid.com/topics/ → Transcriptions: https://www.whatbitcoindid.com/transc... SUPPORT THE SHOW → https://www.whatbitcoindid.com/sponso... → Become a Patron:   / whatbitcoindid   → Subscribe on iTunes → Leave a review on iTunes → Share the show out with your friends and family on social media → Drop me a line on hello@whatbitcoindid.com WHERE TO FOLLOW ME: → Twitter:   / whatbitcoindid   → Medium:   / whatbitcoindid   → Instagram:   / whatbitcoindid   → Facebook:   / whatbitcoindid   → YouTube:    / whatbitcoindid   → Website: https://www.whatbitcoindid.com/ → Email list: https://www.whatbitcoindid.com/subscr... LEARN ABOUT BITCOIN & CRYPTO: → Step by Step Guide: https://www.whatbitcoindid.com/beginn... → Training: https://www.whatbitcoindid.com/training/ → Resources: https://www.whatbitcoindid.com/resour... **** Welcome to the Beginner's Guide to Bitcoin. Bitcoin can be intimidating for beginners. The protocol is complicated, the community can be aggressive and unforgiving, silly mistakes can lose you money, and it is easy to succumb to altcoin marketing. Bitcoin does though, offer you the opportunity to hold a new type of monetary asset, one which can't be seized by the government and is censorship resistance and It has the potential to change the way the world. The goal of What Bitcoin Did has always been about making things simple; there are no stupid questions, and the show is here to help beginners navigate this new world. To kick off 2020, we are launching a special series to help beginners understand Bitcoin. We will be looking at the basics from breaking down the protocol to explaining the economics and discussing the potential societal shift. Beginners Guide Part 8 - How is Bitcoin Legal with Peter Van Valkenburgh & Jerry Brito Bitcoin is still a relatively new technology. However, it is already a very real threat to government-issued fiat currencies and central banks. This has made regulating Bitcoin a tricky proposition for governments. China took a hard-line approach to this new asset class and in 2013, banned Bitcoin transactions, and in 2017, the government banned exchanges and ICOs. In Bolivia, there is a unilateral ban on all cryptocurrencies. Other countries have taken a far more progressive view of Bitcoin, embracing it, though often with caution. Most accepting has been Malta which has created the Malta Digital Innovation Authority; a government body brought in specifically for creating responsible crypto policy. While the regulatory landscape is complex and jurisdiction-specific, regulations tend to apply more aggressively to businesses in the space than users. These laws and regulations that Bitcoin businesses must comply with, however, still have an impact. For example; the majority of exchanges must follow AML/KYC rules which means when buying Bitcoin on an exchange you do give up your privacy. In Part 8 of the Bitcoin Beginner's Guide and to help explain and navigate the regulatory landscape I talk to Peter Van Valkenburgh & Jerry Britto, the Director of Research & Executive Director at Coin Center a non-profit focused on the policy issues for Bitcoin. We discuss the Bitcoin regulatory landscape and the implications to the users.
The Peter McCormack Show
Peter McCormack

Follow along using the transcript.

Peter McCormack

191K subscribers