The point of the post by the EFF was to reach out to their community and find people who would be willing to sends comments to the New York Department of Financial Services.
Rainey Reitman, the author of the post on the EFF’s website, made it clear that the BitLicense would not affect only Bitcoin business that wanted to operate in the state of New York, but also anyone in the general public who is interested in Bitcoin or financial privacy.
Although it is unclear if Ben Lawsky or anyone else from the NYDFS has made similar claims, the EFF opened its piece with an example of how the BitLicense could affect average consumers in the future. The nightmare scenario depicts a situation where someone is asked to provide a large amount of personal identifying information to a coffee house because they’re attempting to purchase their coffee with cash. Bitcoin tends to fall into the same category as cash in many ways due to the fact that it is much harder to track everyone’s financial activity when these forms of payment are used.
Make sure to read Rainey Reitman’s full article on the EFF website to understand their full list of complaints.
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Images from EFF and Shutterstock.