bitcoin is not a currency
bitcoin is not a currency

Another interesting episode in the ongoing debate as to what Bitcoin might be, a currency or commodity or security or just a bizar geek hoax. A US district judge has ruled, for the purposes of a bankruptcy case in California, that bitcoins are a kind of intangible property (coindesk). Quoting Judge Montali :

But that doesn’t make [bitcoins] dollars, that’s my point. I understand how the parties acted, but that doesn’t make them dollars.

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