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Author Topic: [2016-10-10]Bitcoin Regulations, Not a Hard Nut to Crack  (Read 466 times)
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October 10, 2016, 05:32:36 PM
 #1

Bitcoin Regulations, Not a Hard Nut to Crack

The increasing usage of Bitcoin and blockchain technology in today’s economy is posing a challenge to the governments. With the current legal and regulatory environment set to address the issues related to conventional economic systems, governments are still stuck at finding ways to include digital currencies and distributed ledger systems into it...

http://www.newsbtc.com/2016/10/09/bitcoin-regulations-not-a-hard-nut-to-crack/
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"In a nutshell, the network works like a distributed timestamp server, stamping the first transaction to spend a coin. It takes advantage of the nature of information being easy to spread but hard to stifle." -- Satoshi
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October 11, 2016, 12:05:50 PM
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Legislation for crypto-currencies is a non-starter in most countries.
Interestingly, courts are pronouncing judgements and setting precedents in cases involving cryptocurrencies.


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