Please read:

Lightning Hubs Will Need To Report To IRS

https://www.reddit.com/r/btc/comments/7gxkvj/lightning_hubs_will_need_to_report_to_irs/

Can you explain why Lightning Hubs will not need to report to the IRS or not need a license to be a money transmitter?

If Hubs are regulated, then does not mean that LN is censored (not censorhip-resistant)?

If Hubs are banks or exchanges, then does that not mean that Hubs can steal your money, like the way banks and exchanges have in the past?

Don’t Blockstream want small blocks, high fees and slow confirmations to justify the need for their off-chain products, such as Liquid? Blockstream sells Liquid to exchanges to move Bitcoin quickly on a side-chain. Lightning Network will create liquidity hubs, such as exchanges, which will generate traffic and fees for exchanges. With this, exchanges will have a higher need for Liquid. Isn’t this the only way that Blockstream will be able to repay the $76 million to their investors?

One of Blockstream’s investors/owners is AXA. AXA’s CEO and Chairman until 2016 was also the Chairman of Bilderberg Group. The Bilderberg Group is run by politicians and bankers. According to GlobalResearch, Bilderberg Group wants “a One World Government (World Company) with a single, global marketplace…and financially regulated by one ‘World (Central) Bank’ using one global currency.” Does Bilderberg see Bitcoin as one component of their master plan?