19 Sep '12, 12pm

Bitcoin Thieves Yet to Spend Stolen Hoard

There is no SOL in most nations, as virtual goods are generally not considered property. Bitcoin is regarded as a virtual good in the U.S., so it is not possible to "steal" a bitcoin. (Note: this is a distinct concept from intellectual property -- do not confuse the issues.)In China, Korea, Singapore, and Japan, virtual goods are considered property to varying degrees. EDIT: reply to discountgenius since there was no reply link. One of the functions of government is to create laws protecting property. There aren't any laws in the U.S. that treat virtual goods such as bitcoin as property. In the U.S., at least, courts have proven extremely reluctant to extend property protections to virtual goods, i.e., MMO items, because the state of the law and underlying technology is still too much in flux. At best, virtual goods are treated as licenses. However, licenses are not proper...

Full article: http://news.ycombinator.com/item?id=4543217

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Bitcoin Thieves Yet To Spend Stolen Hoard

packetstormsecurity.org 19 Sep '12, 8am

Bitcoin Thieves Yet To Spend Stolen Hoard Source BBC News UK Link | Favorite | Comments (0)

Bitcoin Thieves Yet to Spend Stolen Hoard

Bitcoin Thieves Yet to Spend Stolen Hoard

bbc.com 19 Sep '12, 8am

19 September 2012 Last updated at 07:17 GMT Share this page Delicious Digg Facebook reddit StumbleUpon Twitter Email Print...

BBC News - Bitcoin thieves yet to spend stolen ...

bbc.co.uk 19 Sep '12, 7am

19 September 2012 Last updated at 08:17 Share this page Delicious Digg Facebook reddit StumbleUpon Twitter Email Print Bit...

Bitcoin Thieves Yet To Spend Stolen Hoard #news...

packetstormsecurity.org 19 Sep '12, 9am

Bitcoin Thieves Yet To Spend Stolen Hoard Posted Sep 19, 2012 Source BBC News UK This is an article straight from the wire...

Bitcoin Thieves Yet To Spend Stolen Hoard #news...

twitter.com 19 Sep '12, 9am

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