WTF is a court to do if Richy McRichPants sues Gox for a million bucks because he had hundreds of "bitcoins" stored there? First the court needs to figure out what the fuck a "bitcoin" is in the first place, with almost ZERO legal precedent anywhere in the world... meanwhile, the USD cases will get settled in half the time.
I think you have it all wrong, but I'll only pick apart one section.
Firstly, Any Judge worth his weight in salt will know "what the fuck a bitcoin" is. A Texas judge already ruled that Bitcoin is a form of money.
US senate hearing on BTC. Bitcoin investment funds, soon to be ETF's.
Bitcoin is covered in every major news venue on a daily basis.
Russia making it illegal, calling it it a form of money.
I Think its clear to say that were way past the time when bitcoin is not considered money.
-gox :so they are scared off losing btc or fiat?
Thats really pathetic. Who needs gox? All coins will go the other exchanges.
-rushia: who cares really..
-apple: nothing new by banning wallets. they where already banned when btc was 1000 dollar.
-apple coin: are you guys retarded? Who wants a centralized coin? O common thats like ripple.
This is really the last time I come to this section of this fucked up forum.
Maybe I start 'panicking' if 'we' hit 300.
And then I really dont care much. Already made 100k dollar.