Is Bitcoin a promise to pay (token, webmoney, e-currency, currency, voucher, etc., etc.,), or is it a unique license of ownership of a solution to a cryptographic problem? If anybody would be stealing a Bitcoin (the solution to a cryptographic problem), they would be:
* Infringing on any third party's copyright, patent, trademark, trade secret or other property rights or rights of publicity or privacy.
and this also comes from the following acceptable use policy of AlertPay:https://www.alertpay.com/en/agreements.aspx#6.0%20Acceptable%20Use%20and%20Activities%20Not%20Allowed
Is trading in an internet commodity called Bitcoin, (with its cryptographic key certificate intrinsic value) equivalent to issuing a promise to pay (token, webmoney, currency, etc., etc.) - or does it only represent its own intrinsic value (like licensed computer software)/salt/silver with its own specific unique properties?