Post
Topic
Board Bitcoin Discussion
Re: IMF Studying Bitcoin and planning attacks on it (link to paper)
by
Boussac
on 10/06/2013, 17:47:01 UTC
So declaring bitcoins illegal will end bitcoins as we know it today.

How do you declare bitcoins illegal ?
As long as I can send a signed (transaction) message or a private key to somenone, bitcoins can be traded, right ?

A business accepting bitcoins can display prices in fiat as long as bitcoins are traded and they can make a reasonable assumption about a conversion rate.
The shoppers are not obliged to pay in bitcoins anyway.