skajake96 karma2014-02-20 17:19:35 UTC
If a business uses "multisignature transactions" whereby the business does not control enough of the keys to release funds on their own, does this or does this not mean that the business is engaged in "money transmitting"? My personal interpretation would be no, as the business never took deposit of the money, as defined by having complete access to the keys.
I believe blockchain.info uses a similar argument to avoid dealing with money transmitter laws with their online wallet.
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skajake8 karma2015-01-15 17:46:17 UTC
He's right. Securing your computer is hard so instead just install Breadwallet on your phone it's so easy my grandma could do it
skajake-1 karma2015-01-15 17:39:31 UTC
Slower? Less secure? Your joking right
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