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comment by user-inactivated
user-inactivated  ·  3949 days ago  ·  link  ·    ·  parent  ·  post: Bitcoin Goes Boom | Foreign Affairs

    And this means, of course, that nobody can tell Bitcoin users what they should and shouldn’t be spending their money on -- for good or for ill.

This is not and should not be the function of 'regular' currency. Therefore, invalid criticism of BTC.





kleinbl00  ·  3949 days ago  ·  link  ·  

Well, hang on.

1) You are a prostitute where prostitution is illegal.

2) I pay you for a sexual act in recognized currency (money).

3) I am an undercover cop.

4) You go to jail for soliciting.

OR:

1) You are a prostitute where prostitution is illegal.

2) I pay you for sex in an unrecognized currency (bitcoin, for example).

3) I am an undercover cop.

4) We go to the supreme court over whether or not we conducted a "transaction" or an "exchange" because one is an A felony and the other is a C felony.

For the longest time, possession of marijuana was legal in Alaska but sales were illegal. What's a "sale?" There's a big legal difference between "pay" and "trade for" and that, right there, is one of the sticky wickets of unregulated currency.

user-inactivated  ·  3949 days ago  ·  link  ·  

True. My statement was more than a bit ridiculous anyway for a number of reasons.

colegeprofessor  ·  3949 days ago  ·  link  ·  
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