Unfortunately you give the system too little credit. In Aug 2013 a Federal judge recognized bitcoin as akin to a currency (stores value, can be used for exchang

Unfortunately you give the system too little credit. In Aug 2013 a Federal judge recognized bitcoin as akin to a currency (stores value, can be used for exchange of goods). It also opened the doors to allow SEC to pursue these cases[0]. Granted it was for a ponzi scheme. [0] http://rt.com/usa/bitcoin-sec-shavers-texas-231/ http://rt.com/usa/bitcoin-sec-shavers-texas-231/