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July 10, 2012, 04:52:10 AM |
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Most of the Bitcoin businesses fall under what a number of government jurisdictions consider a "hobby". In fact, many of us consider Bitcoin exactly that, a hobby, regardless of the amount of our net worth we have invested in it.
I would venture to guess that the vast majority of the GLBSE-based businesses fall into the "unregulated" category, however you're going to be at the mercy of their honesty when conducting transactions with them.
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