Re: Regulatory Considerations running an ILP node (Re: [Ledger] Bootstrapping Interledger)

That is due to existing people with leverage points they don't want to give
up.  However, a new market can be designed right.  That's why I'm
suggesting a Texas Stock Market.


Andrew B. Brown
(512) 947-8282
http://KidsCourtyard.com


On Thu, Nov 10, 2016 at 6:08 PM, Ken Griffith <kengriffith@gmail.com> wrote:

> > The value being traded exists somewhere at all times and its location
> > and owner must be known at every step in the transaction.
>
> That is the fundamental weakness of an open system like Interledger. The
> regulators will never allow a regulated node to connect to the unregulated
> nodes.  Maybe in 50 years this will be possible.  But the world we live in
> today is bogged down with AML rules.
>
>