Of course governments cannot call it a currency, so Denmark says there is no tax, US says it is property ... so what? A commodity is property too. They said, BTC is like digital gold, thanks for the flowers 
It should be good for the price of Bitcoin because it encourages people to hold on to their coins.
Large BTC holders aka whales in the USA will think twice about selling large amounts of their coins. Spending them slowly over time is much smarter.
There is also the issue of being a money transmitter that goes away, which is also good.
Lets see how long it takes for this to sink in.
It should be good for the price of Bitcoin because it encourages people to hold on to their coins.
Large BTC holders aka whales in the USA will think twice about selling large amounts of their coins. Spending them slowly over time is much smarter.
There is also the issue of being a money transmitter that goes away, which is also good.
Lets see how long it takes for this to sink in.