Quote from: criptix on June 14, 2014, 04:00:34 AM

Quote from: Thylacine on June 14, 2014, 03:48:18 AM

Quote from: Cubic Earth on June 13, 2014, 01:21:16 AM

The auction is a giant stamp of approval, if not for bitcoin as a whole, than at least for the particular set of coins at auction.

I don't get this logic. It's neither approval or disapproval. It's just selling property. If the government sells a seized Ferrari - does that mean they implicitly approve of Ferrari?

u should rather use this example:

would the gov sell seized drugs?

Of course they wouldn't, drugs are illegal. Bitcoin is not - and has never been - illegal in the United States, so I don't see the 'approval' argument. Wasn't the legal designation of bitcoin as 'property' or something (IANAL) decision a while ago more of a stamp of approval than anything else?