[biot]

For those too lazy to read ukoto's post, here's the TL;DR summary:

We don't sell bitcoin; not like it matters anyways.

If that was too long, here's the TL;DR of the Bitcoin Foundation's response to California's Department of Financial Institutions:

You're wrong.

Of course, my point is that if someone is actually interested in bitcoin and learning the legal arguments behind it, don't waste your time with incomplete summaries; just read the actual letter. It only takes a few minutes.