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Tuesday, October 25, 2011

Are physical Bitcoins legal? | Crave - CNET

Are physical Bitcoins legal? | Crave - CNET: "Earlier this year, a District Court in North Carolina convicted a man who designed and minted "Liberty Dollars" of, among other things, issuing and passing coins "intended for use as current money; and of conspiracy against the United States." Ouch.
To be fair, in the case of Liberty Dollars, they were very explicitly intended to compete with the official currency. Nobody expects to be able to walk in to a store and slap down some Bitcoins in exchange for goods and services... or do they?"

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