Re: Are Bitcoins Securities Under U.S. Law?

Quote from: lonelyminer on February 07, 2012, 04:52:55 PM

Quote from: jimbobway on February 06, 2012, 05:41:01 PM

To me it seems like if bitcoin is not a currency, and if it's not security (investment contract), then is bitcoin then a commodity?

A lawyer argues here: http://www.ferner-alsdorf.de/2011/06/bitcoins-wahrung-oder-ware/wettbewerbsrecht/strafrecht/rechtsanwalt/verkehrsrecht/ that Bitcoin is a commodity according to German law.

Thanks for that reference. I went and read the English version. Isn't everything a commodity, really?
I will believe bitcoin is a currency when the State accepts it for payment of my speeding tickets.