Foreign media: bitcoin from Skype’s success in what can be learned?
Introduction: Skype is just a piece of software, but it has completely changed the mode of communication all over the world. Fortunately, Skype never said he is a communication company, otherwise, may have a variety of telecommunications regulatory policy to kill. Bitcoin now available, we will be positioned as a currency, and even threaten to destroy the government instead of the bank. This is really conducive to the development of bitcoin? This paper gives a completely negative attitude. And the survival and development of the bitcoin related enterprises have raised the constructive suggestions.
Michael Jackson, Skype COO, Capital Partners, a venture capitalist at Mangrove at present, this paper Jackson in exploring bitcoin related companies from what Skype early in the global endeavors.
Bitcoin and Skype is undoubtedly a very big difference, but there are still many similarities.
These two products are revolutionary technology, contain plenty of opportunities, and they both changed the structure of the original organization in their respective industries. Perhaps, parallel comparison, Skype early experience of bitcoin is of great reference value.
The bitcoin industry seems to firmly believe that bitcoin is the currency, bitcoin related company is a financial institution. In the bitcoin 2014 summit performance of the most incisive, all the participants with the supervision of their claims. This is really necessary?
For Skype, we can say that it is the telecom company. And Skype application of the telecommunication business license, and require it to obey this industry all rather baffling rules and conventions.
Similar logic is bitcoin happen. But if the Skype really is a telecommunications company, its result is very bad.
But in fact, the emergence of Skype has changed the world of the original by the government monopoly of the giant telecommunications company. If we try to be Skype according to the telecommunications industry to operate, will be because of the lack of knowledge, political pressure and “good faith” idea, caused by various Skype rules, and not the development.
In a large number of bitcoin supporters efforts, we seem to have been put on the traditional financial eye bitcoin, we are trying to control the one we have never experienced the world with an ideal strength.
Let us learn from the wisdom of Skype, see can affect bitcoin can not help reduce the complexity of laws and rules.
The rules are not immutable and frozen.
A United States senator told me, looks like a duck and a cry like a duck duck as things must be handled. If the Skype looks like a telecommunications company, also sounds like telecommunications company, then it should be regarded as the telecom company. But Skype has never been and will never be telecom company.
There are a lot of analysis that why Skype should not belong to the telecommunications company, the most direct argument is that Skype is a software. It was developed by a company, direct payment to the user using a software. The existence of the network is independent of Skype. Skype most is part of the network.
If he can say it, do, cable, mobile phone flashlight, even make bricks and mortar, or battery, can be attributed to the telephone company. This is not the right. Even as a Skype company closed down, the software is also still exist in Internet, and let people talk for free.
A familiar voice is not again?
We need to better the bitcoin community to discuss these disputes. Bitcoin services and products should not be the default regulation, they do not need to, and now the rules are not suitable. Would you take the initiative to apply for the existing regulation, but will hope to write the application documents, often to argue some problems not related.
Bluntly speaking, every bitcoin supporters should carefully read the law and find out the loopholes. You should put a lot of time to do it, it is very important. For example, you can use a simple barter way to replace “this is money”.
Use of barter to define bitcoin will be much easier, because this will prevent most of the legal provisions of the deal. Similarly, the coins that are stored in a string of numbers, instead of building a bank, it can be circumvented all out of order of law.
So far, most bitcoin supporters are in the wrong way to look at bitcoin, their views attracted some unnecessary regulation and rules.
Can not regulated?
The anonymity of the Internet provides a very beautiful place. However, almost everything Internet needs to contact the real world, and Skype is no exception.
We combine Skype and the original telephone system. Similarly, bitcoin ecosystems also need, at least in part, or at least temporarily to contact with the financial system now. Then, once together, means that the use of existing rules to regulate bitcoin, both sides need to be cautious.
No matter how, the parties involved have concerns. The company’s first telephone network and the Skype cooperation will take a risk. They have to demonstrate what kind of rules for Skype, they must be based on laws and reality to make decisions. In the financial system, the financial crisis is around, anti money laundering regulations (AML) / customer name system (KYC), these are the facts based on strict, is not just on the set down.
Skype does not advertise their goal is to replace telephone service, in fact has always stressed that it is not in front of customers. The positioning is very important. You can tell the user location don’t expect certain things, and often results in some users because of its positioning and publicity really do not use the product.
From the Skype can be surprised to see that it is a large number of people around the world to provide the information of text, video and alarm service based on the state’s 911, but now the telecommunication rules are not allowed to do so. In view of this, we as a new thing did not provide the task rules, abandoned the traditional regulation, but gained a new opportunity, it is always the same. Think of the good.
How to become more simple?
First of all, bitcoin related companies should confirm its supervision by the supervision of the company itself, and in the same way, we should treat them as ordinary company to handle.
Business owners can also benefit their rules of use, such as international business, taxation and the articles of association rules. The formal intention of bitcoin enterprises in the digital encryption market has a large market and the potential for development.
All NSA exposed negative news, bitcoin companies say are not the enemy. The true enemy is bureaucracy, frequent data request, the traditional file overelaborated license requirements. In order to explain a new thing to the bureaucracy, need to spend a lot of time.
Can not grasp the time to market is the enemy. Enterprises should also give full cooperation to the dispute and regulators, right side.
There is no exception
There is always such a debate in the company, whether enterprises should be regulated, the problem should be honest. Any company should not be given special treatment, but there will always be people who think that they are the exception.
In some countries, the enterprise may only be asked to fill out some simple statements, but some companies are not even the most simple fill. One of the industry’s biggest challenge is consistent. At present in the bitcoin community should pass the information, the vast majority of bitcoin is no regulation.
Some bitcoin enterprises realize their business with some of the existing rules, but they do not want to be regulated. They insisted on doing so, but good luck. However, try to change the rules is not very difficult. It requires patience, and you may have to pay the price, but it can do.
To reduce regulatory risk
There are many well-known enterprises have sufficient reason to set up the special study on government supervision department. Bitcoin related company also should consider the importance of enterprise supervision. If there is no dedicated staff, or do not want to do too much effort, when regulatory policy of enterprises will become very bad.
I have to exchange for example. Electronic currency trading encryption is often cross-border, which need to deal with more complex regulation, and the enterprise also has more flexibility. For example, companies can use a part of the business to apply for a national regulatory policy, and the other part of the business can be in another state supervision. This requires managers to consider the different judicial.
Do not take the initiative to request permission
The company needs to do is to continue to do what they are doing, if they can do self regulation, can not need external supervision, they should not take the initiative to close supervision.
The managers of the enterprises to take the initiative to come to apply for love in custody. However, if you take the initiative to apply for your work will be completely different. Again, the company should take the initiative to read the rules, which can be used to find the existing rules, which can be used for defense supervision, unless necessary, do not take the initiative to provoke regulators.
In addition, bitcoin related business should not be a lawyer.
Don’t expect the lawyer found a loophole in the law, and to tell you. People should have their own reading, learn these contents. You can refer to doubt find lawyers to discuss, but don’t expect others to do the work for you completely.
This allows us to obtain the use of Skype across the world calls, and use only a very small legal consulting fees, on the way of legal services not even a major part. Skype is just a legal obligations, responsible for the management of the company, and let employees can rely on the company.
More importantly, these lessons make Skype become one of the main means of communication, to achieve our original dream. Dreams come true. Today the whole world can be free to call. Bitcoin also has the potential to make a similar initiative in the financial field.