Hi,
I'm trying to build bitcoin's exact definition, which will include legal status, regulation, and the whole mining thing.
Right now, the official definition is:a peer to peer decentralized crypto-currency.
This definition says nothing about regulation, and creation.
My (prototype) definition is:a peer to peer decentralized crypto-currency which isn't regulated by a country, and anyone can create it.
I'll happy to suggestions,for the new definition, which is supposed to say anything you need to completely understand the whole thing.
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EladK
Usually, the less you say in a definition, the better.
Some pepole won't understand the WHOLE bitcoin thing with this definition.