|
|
Chef Ramsay
Legendary
 Offline
Activity: 1568
Merit: 1001
|
 |
June 29, 2014, 07:49:07 PM |
|
On one hand this can be seen as Cali being on the cutting edge of things but on the other, it could be statist Cali doing what they do best: legislating.
|
|
|
|
|
Riniaiokl
Newbie
Offline
Activity: 48
Merit: 0
|
|
June 29, 2014, 07:56:18 PM |
|
Legalize bitcoin? Why do they need to do anything. Isn't something legal by default unless it's made illegal?
|
|
|
|
|
jbreher
Legendary
Offline
Activity: 3038
Merit: 1660
lose: unfind ... loose: untight
|
|
June 30, 2014, 06:16:43 AM |
|
Legalize bitcoin? Why do they need to do anything. Isn't something legal by default unless it's made illegal?
Yes. But Cali's law is funny that way. Long before Bitcoin was invented, they passed a law barring many types of payments. The definition they used in this law just happened to include Bitcoin. This new law exempts Bitcoin from this class of illegal payment mechanisms. |
Anyone with a campaign ad in their signature -- for an organization with which they are not otherwise affiliated -- is automatically deducted credibility points.
I've been convicted of heresy. Convicted by a mere known extortionist. Read my Trust for details.
|
|
|
CoolBliss
Member
Offline
Activity: 97
Merit: 10
|
|
June 30, 2014, 10:32:16 AM |
|
This is great news. Other states tend to follow Cali's lead on a number of issues.
|
|
|
|
|
haploid23
Legendary
Offline
Activity: 812
Merit: 1002
|
|
June 30, 2014, 05:21:46 PM |
|
Seeing how the US government auctioned off a shit ton of bitcoins, I don't see how California or other soon-to-follow states wouldn't call it legal, otherwise they'll just contradict each other. Written law that legalize bitcoin is actually a pretty big step forward for crypto currency's legitimacy.
|
|
|
|
skyisblue
Newbie
Offline
Activity: 3
Merit: 0
|
|
June 30, 2014, 05:29:02 PM |
|
 It is a good news， because more people know bitcoin.
|
|
|
|
|
jbreher
Legendary
Offline
Activity: 3038
Merit: 1660
lose: unfind ... loose: untight
|
|
June 30, 2014, 08:36:24 PM |
|
This is great news. Other states tend to follow Cali's lead on a number of issues.
I am unaware of any other states that have such insane laws that required the exemption. |
Anyone with a campaign ad in their signature -- for an organization with which they are not otherwise affiliated -- is automatically deducted credibility points.
I've been convicted of heresy. Convicted by a mere known extortionist. Read my Trust for details.
|
|
|
allthingsluxury
Legendary
Offline
Activity: 1540
Merit: 1029
|
|
June 30, 2014, 08:38:31 PM |
|
Good news.  |
Gold & Silver Financial News: Silver Liberation Army, Gold & Silver News, Geopolitical & Financial News, Jim Rickards Blog, Marc Faber Blog, Jim Rogers Blog, Peter Schiff Blog, David Morgan Blog, James Turk Blog, Eric Sprott Blog, Gerald Celente Blog |
|
|
gondel
Legendary
Offline
Activity: 1946
Merit: 1005
|
|
June 30, 2014, 08:44:52 PM |
|
California love! California is the best state of USA! You make everything which is good and iligal LEGAL I have o say it again everything which is good! Hope when BTC goes high enough I can visit you and spend little on bars, hotels and souvenirs in your state! Wish you all LUCK! br |
|
|
|
|
Eotnak
Member
Offline
Activity: 117
Merit: 10
|
|
June 30, 2014, 08:53:52 PM |
|
Sounds like someone in Silicon Valley wanted a bitcoin startup, their lawyers found this law, they threw some money at their lobbyist, and here we are today with this news. Another day in politics.
|
|
|
|
|
jabo38
Legendary
Offline
Activity: 1232
Merit: 1001
mining is so 2012-2013
|
|
July 01, 2014, 12:49:58 AM |
|
however or why ever, it is good news
|
|
|
|
|
Malin Keshar
|
|
July 01, 2014, 12:57:02 AM |
|
Legalize bitcoin? Why do they need to do anything. Isn't something legal by default unless it's made illegal?
Think he meant regulated? Or at least with a warranty of btc not being banned in the near future, so there is more safety when accepting it for payment. |
|
|
|
|
Lauda
Legendary
Offline
Activity: 2674
Merit: 2965
Terminated.
|
|
July 01, 2014, 01:22:31 AM |
|
Finally something good for Bitcoin.
|
"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks" 😼 Bitcoin Core ( onion) |
|
|
|
montreal
|
|
July 01, 2014, 01:29:17 AM |
|
Sounds like someone in Silicon Valley wanted a bitcoin startup, their lawyers found this law, they threw some money at their lobbyist, and here we are today with this news. Another day in politics.
Agreed, at first Dickinson seemed to cloak this bill in amazon coins, starbucks stars, coupons, and reward points. He spoke modestly about bitcoin and played neutral but that quickly changed. A little "positive" media couldn't hurt either |
|
|
|
Skele
Full Member
Offline
Activity: 224
Merit: 100
VocalPlatform.com
|
|
July 01, 2014, 01:37:27 AM |
|
Finally something good for Bitcoin.
Everything, even bad news are good for Bitcoin and it's holders, in fact bad news increases more Bitcoin's popularity... |
|
|
|
|
|
Malin Keshar
|
|
July 01, 2014, 01:48:07 AM |
|
Finally something good for Bitcoin.
This is far from being the first good new for bitcoin. That law was in no way inforced, so its almost the same as usual, but everyday there are shops accepting bitcoins, that MIT stuff, laws and regulations favorable to BTC, etc, etc... , just the FUD and bad news can be too noisy sometimes |
|
|
|
|
|
LostDutchman
|
|
July 01, 2014, 01:52:00 AM |
|
California enacted the currency law in response to the use of the Mexican peso in commerce within the state. No one paid much attention to it anyway. Just grandstanding. |
|
|
|
|
bitbaby
|
|
July 01, 2014, 01:59:43 AM |
|
This is great news, it will attract more people in I am sure and I think it is because of the government bitcoin auction, since the government itself is selling bitcoins, no reason why it shouldn't be legal.
Has Vegas legalized it yet?
|
|
|
|
jbreher
Legendary
Offline
Activity: 3038
Merit: 1660
lose: unfind ... loose: untight
|
|
July 01, 2014, 05:46:42 AM |
|
Has Vegas legalized it yet?
It wasn't ever illegal in NV. The Golden Gate and the D have been accepting Bitcoin for food & lodging for quite some time now. |
Anyone with a campaign ad in their signature -- for an organization with which they are not otherwise affiliated -- is automatically deducted credibility points.
I've been convicted of heresy. Convicted by a mere known extortionist. Read my Trust for details.
|
|
|
|
