4 ms·
Surely this creates precedent of US government recognised legitimacy? While it might hurt the markets in the short run, i reckon it'll overall help bitcoin as a
by TamDenholm 12y ago
Surely this creates precedent of US government recognised legitimacy? While it might hurt the markets in the short run, i reckon it'll overall help bitcoin as a currency in the long term.
- adestefan 12y agoIt does nothing of the sort. All this does is confirm that Bitcoin is property that can be sold which is exactly what the government has said previously.
- wmf 12y agoIt reinforces existing government policy that Bitcoin isn't intrinsically illegal, but nothing more than that.
- dragonwriter 12y ago> Surely this creates precedent of US government recognised legitimacy? It confirms that the government recognizes that bitcoins are real things which can be bought and sold, but that is both so patently obvious and so well established in legal actions that the government has taken around bitcoin already that confirming it is like confirming that the earth isn't flat.