3 ms·
Possibly you could simply consider BTC a "non-state" foreign currency?
by mpyne 13y ago
Possibly you could simply consider BTC a "non-state" foreign currency?
- dragonwriter 13y agoOr you could just recognize that the Exchange Act is an exercise of Commerce Clause power and not Coinage Clause power, so, while whether bitcoin is "money" within the sense of the definition in the Exchange Act is an issue, it is an issue completely unrelated to whether it is "money" at all in the sense intended by the Coinage Clause, much less whether it is "foreign money" or some other kind.