Re: Tradehill Bitcoin exchange shut down for 2nd time in 2 years

I fully agree.

During today's call, I will be referring to the 'multi-stakeholder'
approach that may be required to bring all relevant parties to the table to
help bridge the technology/policy divide.

p.


On Tue, Sep 10, 2013 at 9:46 AM, Manu Sporny <msporny@digitalbazaar.com>wrote:

> On 09/09/2013 08:10 AM, pindar wong wrote:
> >     They set some of the business
> >     requirements for the application layer. There will be battles about
> >     these business requirements because they really matter.
> >
> > Fully agree. Some were set in an era where constraints/requirements are
> > no longer relevant and hence the importance of interfacing with the
> > traditional banking/financial communities to help manage their
> > expectations of the change that is already underway. I guess that's why
> > it's important to participate in non-technical standards discussion,
> > such as the IGF.
>
> Right, and this is one of the things that makes the Web Payments group
> quite different from many other groups operating at the W3C. This isn't
> just about a mathematical problem that needs to be solved, there is a
> large social and regulatory aspect to the problem that must be taken
> into account in the solution that we create. There is a large portion of
> the work that we do that has to be evangelized to the worlds financial
> community as well as those that don't have the time to read these sorts
> of discussions.
>
> PaySwarm, Bitcoin, Ripple, and FirefoxOS /do/ take these concerns into
> account, each in their own way.
>
> This group must be well versed in the regulatory aspects, and it must
> also be well versed in the technological aspects. We are starting to
> gather people from each end of the spectrum as well as a myriad of
> participants throughout the spectrum.
>
> The Internet Governance Forum (IGF) participation from this group is
> about educating world leaders about the work we're doing here and how it
> can impact trade throughout the globe. It's also about bringing what we
> learn from the meeting back into the technical work that this group is
> doing.
>
> -- manu
>
> --
> Manu Sporny (skype: msporny, twitter: manusporny, G+: +Manu Sporny)
> Founder/CEO - Digital Bazaar, Inc.
> blog: Meritora - Web payments commercial launch
> http://blog.meritora.com/launch/
>