“Ben Lawsky comes across as both level-headed everyman and optimistic populist, both in person and on paper,” wrote Ryan Galt of Coindesk, in a piece wondering if the career public servant was “Friend or Foe,” adding that “[Lawsky] is, by all accounts, a good guy.”
— Ben Lawsky (@BenLawsky) February 18, 2014
At the end of the AMA, Changetip, a startup that focuses on using bitcoin for tipping, tweeted Lawsky to tell him they had paid him $0.42 USD in BTC. He retweeted it. Later he gave a nod to Neal Stephenson's scifi classic novel Cryptonomicon, which involves cryptographic currencies:
The question we are hard at work on now is whether our existing rules for the Western Unions of the world (which were written before anyone had even thought of an Internet) are adaptable to the virtual currency world.
While Lawsky has captured the spotlight, he's certainly not the only regulator looking at bitcoin. On Friday, Senator Tom Carper, chairman of the Homeland Security and Governmental Affairs Committee, chimed in after the Conference of State Bank Supervisors announced that they will create a task force to study virtual currencies."As virtual currencies, like Bitcoin, and similar technologies continue to be increasingly utilized, we have to ensure that governments are adequately protecting consumers and addressing lawbreakers without hindering innovation," Carper wrote, adding that "while there is still more work to be done, this is an important step."
— Ben Lawsky (@BenLawsky) February 20, 2014