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Re: [500Th] Eligius: ASIC, no registration, no fee CPPSRB BTC + 105% PPS NMC, 877 #
by
soy
on 09/11/2013, 23:31:59 UTC
Also the clear demarcation of 'Mined'.  I wonder if this will prove a problem with that obscure rule that mined bitcoins make one an international money transfer agent if one tries to use it for anything but barter.
I don't know that any nation has a rule like that... the closest I'm aware of would be FINCEN's guidance that created virtual currency has such regulatory properties - but miners just discover coins predetermined by the protocol, they don't create them. In any case, I doubt any legal institution cares about technicalities.

Thanks.  It was the FINCEN guidance I was referring to but then I take it that never became legally binding for US citizens?