28 Jan '16, 11am

Bitcoin as a Corporation

I would consider the question, “What is Bitcoin?” in conjunction with the question, “What is Bitcoin not?” Its clear the legal framework referenced in this article has gone hand in hand with fiat currency. Since Bitcoin subverts fiat currency, then, by extension, does Bitcoin subvert the legal framework? Which came first, the chicken or the egg? Currency or legal framework? In this context, “currency and legal framework” are more closely aligned to each other than Bitcoin is to either of them. This is Bitcoin as outlier, once again. Going further into what Bitcoin is not leads me back to the original, inverse question, “What is Bitcoin?” and the idea that its store of value feature will (if not already has) become its earliest and primary use case. Because currencies are traded in pairs, when you see Bitcoin going up against any given currency, it’s important to remember t...

Full article: https://www.cryptocoinsnews.com/bitcoin-as-a-corporation/

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