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EU to declare bitcoin as 'overlay currency'
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Topic: EU to declare bitcoin as 'overlay currency' (Read 7599 times)
genjix
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Re: EU to declare bitcoin as 'overlay currency'
September 25, 2011, 09:58:42 PM
#41
No updated news on an EU directive that is going to take months (if not years).
BTW I should've said currency overlay, not overlay currency as someone correctly pointed out.
I don't post often on the forums, so please direct your questions to me on IRC: genjix in #bitcoinconsultancy
fivebells
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Re: EU to declare bitcoin as 'overlay currency'
September 25, 2011, 10:40:45 PM
#42
What would be the regulatory implications of such a declaration?
Elwar
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Viva Ut Vivas
Re: EU to declare bitcoin as 'overlay currency'
September 26, 2011, 11:15:27 AM
#43
Quote from: fivebells on September 25, 2011, 10:40:45 PM
What would be the regulatory implications of such a declaration?
It means that just before Greece crashes and burns they will implement a few stores that use Bitcoins then blame it for the financial collapse.
So "overlay currency" translates to "scapegoat".
j/k
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Frozenace
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Re: EU to declare bitcoin as 'overlay currency'
October 10, 2011, 10:28:58 AM
#44
The bitcoin economy is peanuts compared to the money that's being thrown around by banks. Everything seems to be credit credit credit anwyay.
You can't really have a negative bitcoin balance in your wallet.
You can't even be sure where your Gold is, if it's not physical Gold in your house.
Cloud mining at Cex.io - Build your Cloud miner today!
matonis
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Re: EU to declare bitcoin as 'overlay currency'
February 20, 2012, 11:16:23 AM
#45
Quote from: wareen on September 04, 2011, 08:08:17 AM
Maybe we should advertise them as pieces of mathematical art because that's what they are, really
I like the mathematical art analogy. The first legal case will be interesting when defendant has to stand up and spill the bitcoin out of his head because he used BrainWallet.
https://en.bitcoin.it/wiki/Brainwallet
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BTCurious
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^SEM img of Si wafer edge, scanned 2012-3-12.
Re: EU to declare bitcoin as 'overlay currency'
February 20, 2012, 12:09:31 PM
#46
Watching thread.
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BTCurious
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^SEM img of Si wafer edge, scanned 2012-3-12.
Re: EU to declare bitcoin as 'overlay currency'
February 20, 2012, 03:22:43 PM
#47
Oh hey, this was revived from 5 months ago. Nevermind…
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