Quote from: BearKing55 on January 18, 2014, 05:31:33 PM

Quote from: pening on January 18, 2014, 05:01:01 PM

Another falsehood that the suggested FBI action to auction off their seized Bitcoins makes it legally recognized somehow. This is no different from them selling off a car, house, boat, painting or anything else seized, they are simply selling an asset.

I don't see this as a "falsehood"!

The Govt does NOT auction off pot, counterfeits, forgeries, fake goods, ETC.

They ONLY auction articles that ARE LEGAL.

so IF they do auction any BTC's they ARE setting up a precedent for recognizing them AS a LEGAL product (by their existence, not necessarily ever use of them)

I meant recognised in terms of legal tender, though agree didnt make that clear. It not setting a precedent though, back the main point i made, anything is legal until outlawed (or determined its covered by existing law). This sale doesn't mean future legislation cant make them illegal.