Post
Topic
Board Bitcoin Discussion
Re: "Game over" scenario for Bitcoin
by
dannyjpw
on 21/02/2011, 22:18:13 UTC
from the same link:

Quote
Jen then sends $25.00 PPUSD to Bob's Paypal account and using the link to the escrow account, requests that the funds be released.

There is no legal basis for pursuing debt denominated in bitcoin. So if Jen defaults here Bob is hosed.

Possibly I'm wrong on the legals here, but if so I'd like to know why.