Save Bitcoin Businesses In California: Withdraw AB-1326

Click here to view original web page at www.youtube.com

Petition:
https://www.change.org/p/matthew-daba...

References:
[*] http://leginfo.legislature.ca.gov/fac...
[*] http://www.meetup.com/Buttonwood-SF-P...
[*] http://bitcoin-otc.com/trust.php
[*] https://www.cryptoconsortium.org/
[*] http://www.datauthority.org
[*] http://www.digitalcurrencycouncil.com/

On Independence Day 2013, I held the first ever Buttonwood SF meetup, a face-to-face bitcoin trading meetup not unlike the Satoshi Squares held elsewhere all around the world. Then in May 2014, in response to a story which claimed that Ross Ulbricht had attended Buttonwood to sell his Silk Road bitcoins, I was quoted by Forbes reporter Kashmir Hill as saying, “If it turns into an act of civil disobedience to trade Bitcoin at Buttonwood, I would question if that’s the type of world I want to live in.” Well, if California State Assembly Member Matthew Dababneh gets his way, that will be the type of world that all Californians will be living in. Assembly Member Dababneh has introduced a bill, AB-1326 which "would prohibit a person from engaging in this state in the business of virtual currency" without either a mandatory license or a special exemption from the State. Banks, licensed money transmitters, specific State agencies, and merchants who accept bitcoin for goods and services are among those excluded; retail bitcoin traders such as those who attend Buttonwood SF are not.

I have posted a petition on Change.org requesting that Assembly Member Dababneh withdraw his bill, and further requesting that the State Legislature consider against introducing in the future any similar legislation which would impose upon bitcoin businesses any special regulation, registration, or licensing requirements. If you support the free trade of bitcoin among private individuals and businesses, please sign my petition and share it with your social and professional networks. Should AB-1326 pass, I will have little choice but to shut down Buttonwood SF for fear of political persecution. Your signature and feedback is appreciated.