24 Oct '12, 3pm

The irony of the Australian e-currency laws - I was double-checking the laws regarding bitcoin and the runnin…

For the information below, these are just my opinions. You should consult a lawyer for an official interpretation of Australian law. I was double-checking the laws regarding bitcoin and the running of BitPiggy in Australia (and curious how they may affect my other business BitPiggy Platform in Hong Kong), by reading through parts of the Anti-Money Laundering and Counter-Terrorism Financing (AML/CTF) Act 2006, and specifically the definition of e-currency (definition in section 5 ). I find the definition pretty ironic, for a couple of reasons. To begin with, one of the key requirements for a digital currency to be considered an e-currency for the purposes of the act, that currency must be backed by something. One of the ongoing arguments about bitcoin is whether or not bitcoin will fail because it is not backed by anything . The irony is this property of bitcoin means it is...

Full article: http://matholroyd.com/post/34232285907/the-irony-of-austr...

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Irony of Australian e-currency laws #bitcoin

bitcointalk.org 25 Oct '12, 4am

my reply is from the mind of a Brit, just so your warned. one thing the articles the OP linked totally misses out on bitco...

#fsws Tom Brown: ruby dev interested in alternative currencies is android app for time banks, barter etc.

#fsws Tom Brown: ruby dev interested in alterna...

opensourcecurrency.org 26 Oct '12, 6pm

In this screencast, we'll improve the code introduced in the previous post OAuth Scopes with UMA Action URLs with the help...

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infonetenergy.com 27 Oct '12, 5pm

Bitcoin is perhaps one of the leading candidates, to be the Internet’s Digital Currency. And if only because it is the mos...