The interesting thing about this is? It was legalized as a alternate CURRENCY and not PROPERTY! One now has to wonder what kind of fallout this will have on the IRS?As we all know the IRS declared Bitcoin as Property on a RULING? Which is not LAW and backed by NOTHING! They have nothing to stand on!
The IRS has NO LAW to back this assessment on!Nor does the IRS have the power too ever make LAW or interpret Law on a FEDERAL or STATE level!! LAW must be WRITTEN and SIGNED into order by STATE or STATE'S and CONGRESS!This is good news for Californian's too tell the IRS too FUCK OFF! Because they have a written and signed LAW which trumps a RULING! Which isn't a written and signed LAW and backed by no CONGRESS or STATE
