Quote from: pinkpanther03 on October 13, 2018, 12:13:11 PM

Quote from: franky1 on October 12, 2018, 10:51:42 PM

senators, and the SEC and even american courts have no clue

US courts said bitcoin is a commodity.. again lets laugh
a commodity is a raw MATERIAL used to create other produce. EG oil=plastics/fuel.. beef=burgers/steak.. wheat=cereal/bread
bitcoin is actually an asset. not a commodity.

Actually, most politicians are not familiar with bitcoin or crypto currency. They may have heard of other acquaintances
but the deep sense of bitcoin of bitcoin or blockchain they may not really understand. And maybe this is also one of the
reasons why other countries do not want to enter the blockchain in the economy of the other nation.

senators do know of bitcoin. there have been MANY senate hearings on the topic. if a senator says they know nothing. then maybe thats because they never turn up to senate hearings and should just quit if they would prefer not to turn up