3 ms·
> Like cash, paying with Bitcoin doesn't make anything illegal legal. But unlike a check, wire transfer, or credit-card payment, there is no intermediary like a
by shkkmo 5y ago
> Like cash, paying with Bitcoin doesn't make anything illegal legal. But unlike a check, wire transfer, or credit-card payment, there is no intermediary like a bank that might autonomously decide to reverse a transaction.
Unlike cash, but like any other stolen asset, if you unknowingly receive stolen bitcoin, you could still be legally required to return those bitcoins to the original owner.
> But they can't reverse Bitcoin transactions, any more than someone can command cash to fly out of the recipient's pocket and back into their own.
If "they" is a court, they absolutely can command you to take cash out of your pocket or to reverse a transaction you received.