Under the current proposal, Second Life employees, Blizzard Employees, and any gaming company that has an in-game economy that can be used in real life will need to submit fingerprints and more to the FBI. The people that actually buy WOW gold or eve isk or what ever, will need to go through know your customer information screening.
Everyone should check out the reddit post about bitlicense. New York is following some of the recommendations from the Bitcoin Foundation and opening community dialog. http://www.reddit.com/r/Bitcoin/comments/2aycxs/hi_this_is_ben_lawsky_at_nydfs_here_are_the
The list of problems is exhausting. My least favorite maybe is "Virtual currency accounts not active for 5 years must be handed over to the state". Who came up with that idea? That would be like getting a dollar note with an expiration date on it. In cases where companies don't hold private keys, it would be near impossible to actually do.
What are your thoughts about the proposal? Are you going to submit all your private data to buy some game coins?
