Quote from: erk on August 01, 2017, 12:47:45 PM

Quote from: TheKoziTwo on August 01, 2017, 11:40:37 AM

Quote from: erk on August 01, 2017, 11:22:30 AM

Quote from: TheKoziTwo on August 01, 2017, 11:12:14 AM

Quote from: erk on August 01, 2017, 03:43:24 AM

Poloniex don't do fiat, hence money, until such time as US laws treat crypto as money, which will be a constitutional nightmare.

In 2013 Silk Road was seized. Ross's lawyer argued in 2014 that Ross could not be guilty of money laundering because bitcoin is not money, but property. The Judge shoots down this argument by stating that "it's close enough to be considered money".

Ross lost the case and was sentenced for money laundering, among other things

Consequently: bitcoin is to be defined as money.

Except the constitution defines money.

You can read some of the arguments here:

http://www.tmtperspectives.com/2014/02/28/does-the-constitution-have-anything-to-say-about-bitcoin-and-money-laundering/

Irrelevant. As the Slik Road case just proved.

It's not irrelevant because constitutional law takes precedent over case law.
Just because the Silk Road defendant didn't bother to take the matter to the supreme court as an error in law, doesn't mean others wont.

Oh yeah, "you can just take it to the supreme court", tell that to Ross who just lost the appeal and is still rotting in jails 4 years after the arrest.

In any case, I wouldn't get my hopes up with regards to the supreme court. Nobody cares about the constitution anymore it seems.