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123 sats \ 0 replies \ @optimism 17h \ parent \ on: Are Cashu mint operators breaking the law? bitcoin
The law under discussion is about asking for permission. You're only an illegal money transmitter if you didn't ask for permission to be a money transmitter, right?
What I meant to say, regardless of profit or non-profit, is equivalent of this:
- If I lend you $10 with no interest because you're short on cash and you need food, it would be really dumb for anyone to try and regulate me.
- If I sell 1000 people a mortgage at interest... I have less problems with regulation.
Bottom line, let the corporations be regulated. Let people be free.