17 Sep '12, 2pm

Is Bitcoin the future of money, or just the future of buying drugs online?

Therefore, we have no idea what could happen to Bitcoin if it expands and becomes a more mainstream currency. Matilla theorised that the people behind it could end up in court in ten years, with governments trying to form laws around it despite its decentralised status – after all, it can’t be exempt from tax if you’re buying taxable products with it. He knew his stuff, but what I learnt from Juri Matilla’s legal seminar can be best summed up with the last thing I wrote down in my notepad: “Future if Bitcoin becomes successful in mainstream society = probable mayhem”.

Full article: http://www.vice.com/en_uk/read/printable-guns-grey-matter...

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