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>The FTC recognizes it as a commodity, something that can be bought and sold. In it's current incarnation, it is the equivalent of bartering with baseball cards
by gozur88 11y ago
>The FTC recognizes it as a commodity, something that can be bought and sold. In it's current incarnation, it is the equivalent of bartering with baseball cards in lieu of cash.
The US government has a stake in the failure of non-state-controlled currencies, though, so this isn't really evidence of anything.
- fucking_tragedy 11y agoIt's evidence that it is popularly interpreted as something that has value and can be traded. So is money. I really can't care any less than I already don't if Bitcoin is or isn't a legal currency. The point is it isn't commonly purported to be a 'settlement layer' but something else entirely.
- gozur88 11y agoI don't disagree with anything you've said. It's just that the government classification doesn't support (or refute) the point because the government isn't a disinterested party.