09 Aug '13, 8pm

The BIG Problem Behind a Federal Judge's Ruling That Bitcoin is Currency #tlot #mises #hayek

Wikipedia calls Bitcoin a cryptocurrency (a currency that relies on cryptography), but now it’s official. A federal judge in Texas has declared that Bitcoin is a currency and should therefore be regulated just like U.S. dollars or gold. The ruling represents yet another attempt to regulate Bitcoin transactions, threatening the original purpose of the currency. While it looks like a recognition that Bitcoins are worth something, the decision threatens once again Bitcoin’s utopian concept. As a reminder, the Department of Homeland Security recently issued a seizure warrant on Bitcoin exchange service Mt. Gox because it didn’t comply to money transfer regulations. Today’s decision goes in the same direction. BTCST, a Bitcoin-based hedge fund, claimed that “the BTCST investments are not securities because Bitcoin is not money, and is not part of anything regulated by the Unite...

Full article: http://www.economicpolicyjournal.com/2013/08/the-big-prob...

Tweets

Bitcoin Users Are Struggling To Shrug Off A Tex...

businessinsider.com 09 Aug '13, 8pm

that Bitcoin can be considered a formal currency in a case regarding a man who allegedly ran a Bitcoin ponzi scheme. The r...

Federal Judge Rules Bitcoin Is A ‘Form Of Money’:

Federal Judge Rules Bitcoin Is A ‘Form Of Money’:

houston.cbslocal.com 09 Aug '13, 3pm

MCKINNEY, Texas (CBS Houston/AP) — A federal judge rules this past week that Bitcoin is a “form of money.” U.S. Magistrate...

Federal judge rules that #Bitcoin is a currency and can be regulated by the #SEC as a #security: #PJNET #TGDN #TCOT

Federal judge rules that #Bitcoin is a currency...

tavernkeepers.com 10 Aug '13, 5pm

Because of this ruling, the federal government will most likely move to regulate Bitcoins. Until now, the digital currency...

Court officially declares Bitcoin a real currency

Court officially declares Bitcoin a real currency

blacklistednews.com 09 Aug '13, 4pm

A federal judge has for the first time ruled that Bitcoin is a legitimate currency, opening up the possibility for the dig...

Bitcoin scores Bloomberg ticker following US court ruling

Bitcoin scores Bloomberg ticker following US co...

slashgear.com 10 Aug '13, 5am

On Wednesday, a federal judge ruled that Bitcoin is a currency and is subject to regulation in the US following charges fi...

#Bitcoin Ponzi Scheme Forces US Court Ruling Declaring it a ‘Real Currency’

#Bitcoin Ponzi Scheme Forces US Court Ruling De...

21stcenturywire.com 10 Aug '13, 9am

The SEC asserts that Shavers made a number of misrepresentations to investors regarding the nature of the investments and ...

Federal Judge Rules Bitcoin a Legitimate Curren...

intellihub.com 11 Aug '13, 3pm

In his defense, Trendon said “Bitcoin is not an actual currency”. In an ironic retort to succeed in prosecuting this man, ...

Judge rules: Bitcoin is real currency

salon.com 16 Aug '13, 5pm

Bitcoin — the volatile online currency — has been ruled “real” by a federal judge, as a part of a case against an online f...

Bitcoin Declared Money By Federal Court (Video)

Bitcoin Declared Money By Federal Court (Video)

beforeitsnews.com 10 Aug '13, 1pm

This is a victory for those who want to get out of the “normal’ monetary system. A judge ruled in federal court that Bitco...

Federal Judge Declares Bitcoin a Currency

yro.slashdot.org 07 Aug '13, 10pm

"An East Texas federal judge has concluded that Bitcoin is a currency that can be regulated under American Law . The concl...

Federal judge: Bitcoin ‘can be used as money,’ subject to SEC

Federal judge: Bitcoin ‘can be used as money,’ ...

dailycaller.com 09 Aug '13, 1am

A federal judge ruled that Bitcoin, the fledgling online currency that has exploded in value since its initial introductio...

Texas federal judge declares Bitcoin a currency...

engadget.com 07 Aug '13, 6pm

Bitcoin's been in the news a fair bit lately due to the uncertainties surrounding the Mt. Gox exchange , where one can tra...

Bitcoin is a legitimate form of 'currency,' a f...

news.cnet.com 08 Aug '13, 12am

The digital currency Bitcoin gained a measure of legitimacy this week when a federal judge ruled in a fraud case that Bitc...

A federal judge has ruled that Bitcoin is a leg...

news.cnet.com 08 Aug '13, 12am

The digital currency Bitcoin gained a measure of legitimacy this week when a federal judge ruled in a fraud case that Bitc...

BitCoin Is Now Officially A (Schrodinger) Currency.

BitCoin Is Now Officially A (Schrodinger) Curre...

zerohedge.com 10 Aug '13, 5pm

In other words, just like everything else in the New Normal world, where economies and markets are both half-alive and hal...