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Nonsense. Either bitcoins are illegal now, based on already existing law, or they are not. If they are not already illegal, than the paranoid among us can say
by pdx 15y ago
Nonsense. Either bitcoins are illegal now, based on already existing law, or they are not.
If they are not already illegal, than the paranoid among us can say they will be made so later. However, such an action does not happen in a vacuum. That law must be written in some way so as to continue to allow other forms of digital commerce.
The discussion I would like to have is whether such a law could be written, which would disallow commerce in a particular digital commodity which harms nobody (not stolen cc numbers, not child porn, etc) while allowing other forms of digital goods to continue unhindered.
The thing that jumps immediately to mind, of course, is child porn, which is a digital commodity that is illegal to buy/sell/own/ or even possess. I question whether they would have as much success in the court of public opinion with bitcoins.