Quote from: ebliever on March 27, 2014, 08:32:33 PM

Quote from: s_s on March 27, 2014, 08:21:27 PM

Quote from: ebliever on March 27, 2014, 08:07:36 PM

Quote from: leopard2 on March 27, 2014, 07:39:19 PM

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.

That sounds right, if it is not money then moving bitcoins around does not make you a money transmitter. So that should open the doors to a lot more business and make it easier to shift funds in/out of BTC - and other altcoins.

There is nothing to say that one segment of the government might choose to treat it like as asset...and another segment of the government choosing to treat it as money I suppose? I mean let's me honest there are lots of inconsistencies throughout enforcement of federal regulations.

You'd think a lawsuit would force clarity and consistency, though. I doubt a decent judge, confronted with such a contradiction, would allow it to stand.

Agreed...and that likely will happen over time. It is a disruptive technology and it's not surprising that existing rules and regulations don't easily fit to it.