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but it does show that bitcoins are NOT considered the same thing as cash. You would not see the case where JPY or GBP or EUR would be sold off at this level of
by egwor 12y ago
but it does show that bitcoins are NOT considered the same thing as cash. You would not see the case where JPY or GBP or EUR would be sold off at this level of discount...
- mech4bg 12y agoThey're not as volatile though. There's a fair amount of risk in taking on that much Bitcoin at once.
- qbrass 12y agoTo be fair, the US government doesn't consider it to be currency. They naturally wouldn't treat it like one when selling.
- marincounty 12y agoWhere can I walk in with 29,0000 bitcoin x market value and walk out with suitcases full of $100 bills? I wonder if there is any legal implications of the federal government selling Bitcoin. I always felt the majority of bitcoins were mined illegially(on company, and university mainframes--without consent). I'm surprised they are asking for a deposit in cash?
- fleitz 12y agoLet me clear up the legal implications for you: http://en.wikipedia.org/wiki/Sovereign_immunity#Federal_sovereign_immunity http://en.wikipedia.org/wiki/Sovereign_immunity#Federal_sove...