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

I have to ask then, is my usecase realistic? I dont have much use for Texan
stocks. I need general payments.

On Thu, Nov 10, 2016 at 5:43 PM, Andrew Bransford Brown <andrewbb@gmail.com>
wrote:

> 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.
>>
>>
>

Received on Friday, 11 November 2016 00:02:51 UTC